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U.S. stocks are rebounding from a sell-off driven by the Fed’s interest rate hike and high fuel prices. Major indexes are higher today: The Nasdaq is up around 1.5%, the S&P 500 gained 1% and the Dow industrials rose 0.
Federal Reserve rate-hike odds just handed quantum computing stocks their sharpest single-session hit in weeks, and the reason has nothing to do with anything these companies actually did.
(Bloomberg) -- US lawmakers from both parties are seeking to boost federal funding for quantum computing as China and other countries race to transition from research to deployment of the nascent technology across defense, intelligence and cybersecurity.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordTrump Administration Considers Order on Autism and VaccinesIran Says Agreement on Hormuz Shippi
Federal Trade Commission cleared quantum computing firm IonQ's $1.8 billion acquisition of chipmaker SkyWater Technology after the agency's leaders disagreed over whether to impose conditions, they said on Friday.
IQM Quantum Computers is breaking into the U.S. market at a time when federal support for quantum technology has been growing.
D-Wave is selected to receive $1.6 million from the National Science Foundation. It’s the company’s latest federal funding injection.
Strategic federal moves to take direct equity stakes in public quantum developers cement high-performance computing as an urgent national security priority.
Federal Orders Renew Momentum Across the Quantum SectorQuantum-computing stocks moved higher in after-hours trading on Monday after U. S.
The Trump administration backs quantum computing yet again following an unprecedented funding package in May.
D-Wave noted a second funding award from the government in May, as the quantum computing company continues to build on its R&D efforts.
The federal government plans to provide hundreds of millions of dollars to a number of quantum firms to support domestic foundry and technology development.
Federal funding has brought quantum computing stocks back on Wall Street’s radar. The news already lifted IonQ shares, but a short squeeze could add even more fuel to the rally if bearish traders rush to cover positions.
Yesterday, the U.S. Department of Commerce injected massive momentum into the quantum computing sector, announcing over $2.0 billion in federal incentives under the CHIPS and Science Act across nine quantum computing companies. D-Wave (QBTS) secured a $100 million letter of intent to accelerate domestic system fabrication, granting the federal government an equity stake. The stock surged immediately on the news, reflecting renewed investor confidence in sovereign backing for quantum infrastructu
Record Q1 revenue, raised 2026 guidance, and the pending SkyWater acquisition give IonQ company-specific markers to watch as federal funding headlines draw attention back to quantum computing.
New federal quantum computing funding plans propelled this quantum specialist higher, today, May 21, 2026.
Quantum sector ignites on $2B federal backing aimed at beating China in tech race
Rigetti Computing (NASDAQ:RGTI) keeps grabbing quantum computing headlines on the strength of its 108-qubit Cepheus-1-108Q system and a cash-stuffed balance sheet. But here’s what you should actually be watching. The numbers underneath the story are ugly. Rigetti carries a $6.34 billion market cap against full-year 2025 revenue of just $7.09 million, which itself declined 34.31% ... Rigetti Has a $6 Billion Market Cap and $7 Million in Revenue. Here Are the Two Stocks Worth Owning Instead
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