News

D-Wave stock pops as AT&T announces an expanded agreement. But does that warrant buying QBTS shares into strength today?

SpaceX IPO buzz faded as AI volatility, hotter inflation, and a shortened trading week shifted investor focus toward earnings season

Federal Orders Renew Momentum Across the Quantum SectorQuantum-computing stocks moved higher in after-hours trading on Monday after U. S.

Markets closed a shortened week higher as lower oil prices and a rally in chip stocks outweighed concerns about future Fed policy.

D-Wave Quantum stock nearly doubled in May after landing $100 million in federal funding.

Shares of Rigetti Computing (NASDAQ:RGTI), Quantum Computing Inc. (NASDAQ:QUBT), D-Wave Quantum (NYSE:QBTS), and IonQ (NYSE:IONQ) are extending Thursday’s sector rebound into a second straight session. In morning trading, RGTI shares are up 17%, QUBT shares are up 14%, QBTS shares are climbing 13%, and IONQ shares are rising 8%. It’s no longer a one-day bounce. ... Rigetti Surges 17%, Quantum Computing Inc. Soars 14%, D-Wave Pops 13%, IonQ Rises 8%: The Quantum Bounce Becomes a Rally

(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz

(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz

(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz

Quantum sector ignites on $2B federal backing aimed at beating China in tech race

Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.

US equity futures were edging lower pre-bell Thursday despite upbeat fiscal Q1 financial results pos

A handful of quantum-computing companies have been given grants that include U.S. government equity stakes, sending their shares higher in premarket trading: IBM is getting $1 billion of the $2 billion total package.

Stocks were mostly higher this week as investors were reminded that earnings are the signal; inflation and geopolitics is noise

The company reported a narrower loss than expected, while revenue missed Wall Street consensus estimates.

Quantum Computing stock soared on better than expected revenue.