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IonQ, Rigetti, and D-Wave Quantum Are Down 30% in a Month. Is More Pain Coming for Quantum Computing Stocks?
24/7 Wall St.13d agoneutral
IonQ, Rigetti, and D-Wave Quantum Are Down 30% in a Month. Is More Pain Coming for Quantum Computing Stocks?

There’s no denying it: the quantum-computing sector has been unwound. Over the past month, pure-play quantum stocks have sold off sharply as investors pulled capital out of high-multiple and often pre-profit tech. For example, IonQ (NYSE:IONQ) shares are down 39% over the trailing month, with the stock changing hands midday Wednesday at $32.86. Rigetti Computing ... IonQ, Rigetti, and D-Wave Quantum Are Down 30% in a Month. Is More Pain Coming for Quantum Computing Stocks?

D-Wave Quantum Stock Hits Pause After AT&T Deal Rally
Benzinga14d agobullish
D-Wave Quantum Stock Hits Pause After AT&T Deal Rally

D-Wave Quantum Inc. (NASDAQ:QBTS) stock fell in Tuesday premarket trading as investors took profits after the stock surged nearly 20% on Monday following its AT&T agreement. The pullback also comes ahead of the company’s earnings report next week. The broader market was also under pressure, with Nasdaq futures down 0.92% and S&P 500 futures off 0.03%. Investors are now weighing whether D-Wave can extend its recent momentum after Monday’s sharp, catalyst-driven advance. AT&T Agreement Sparked Rec

Rigetti (RGTI) Expands HPE Partnership To Build NSF Backed TangleLab Supercomputer
Simply Wall St.15d agobullish
Rigetti (RGTI) Expands HPE Partnership To Build NSF Backed TangleLab Supercomputer

Rigetti Computing, Hewlett Packard Enterprise and the Pittsburgh Supercomputing Center are teaming up to build TangleLab, a new hybrid quantum classical supercomputer. The system is being developed under a U.S. National Science Foundation grant and is planned as an open testbed for researchers and educators. The collaboration extends Rigetti Computing's existing work with HPE and embeds its hardware into a major academic and government backed computing project. Rigetti Computing...

The D-Wave Quantum Bet: How an Expanded AT&T Deal Is Boosting the Stock
Barrons.com15d agoneutral
The D-Wave Quantum Bet: How an Expanded AT&T Deal Is Boosting the Stock

In the quantum space, commercial traction is often the strongest signal of progress. D-Wave unveiled an expanded partnership with AT&T on Monday to use its signature annealing quantum computers. AT&T isn’t a new collaborator; D-Wave first teased the relationship earlier this year, when representatives from the telecom giant appeared at D-Wave’s annual user conference.

Why D-Wave Quantum Stock Is Surging on AT&T Partnership
Barrons.com15d agobullish
Why D-Wave Quantum Stock Is Surging on AT&T Partnership

In the quantum space, commercial traction is often the strongest signal of progress. The Florida-based company unveiled an expanded partnership with AT&T on Monday to use its signature annealing quantum computers. AT&T isn’t a new collaborator; D-Wave first teased the relationship earlier this year, when representatives from the telecom giant appeared at D-Wave’s annual user conference.

Rigetti Computing (RGTI) Could Be 12% Undervalued As Quantum Push Faces Valuation Test
Simply Wall St.16d agoneutral
Rigetti Computing (RGTI) Could Be 12% Undervalued As Quantum Push Faces Valuation Test

Rigetti Computing (RGTI) has drawn fresh attention after launching a 108-qubit processor and outlining ambitions for quantum advantage within three years, which puts its superconducting approach in focus alongside better known quantum peers. See our latest analysis for Rigetti Computing. The recent pullback, with a 30 day share price return down about 23% and year to date share price return down 40.04%, contrasts with Rigetti Computing’s three year total shareholder return that is more than...