After a strong performance in May, this quantum computing leader's stock headed in the other direction -- and for no apparent reason.
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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.
RGTI stock plunges as Quantinuum's Nasdaq debut resets quantum valuations, sharpening focus on rivals' growth, tech and commercialization.
Quantinuum's arrival on the stock market is separating quantum computing's contenders from its pretenders.
Quantinuum's public debut didn't attract much attention.
Quantinuum, the Honeywell-backed trapped-ion quantum computing company, began trading on the NASDAQ today after pricing its IPO at $60 per share and raising $1.68 billion. On CNBC’s Squawk Box this morning, CEO Rajeeb Hazra delivered the line that will define the debut: “It is not 10 to 15 years out. It’s very much now. And ... The Next Quantum Computing IPO CEO Just Told CNBC ‘It Is Not 10 to 15 Years Out. It’s Very Much Now’
Quantinuum was supposed to be the quantum sector’s most anticipated public listing of the year. While Quantinuum posted a wider net loss and lower revenue for the first quarter, the phenomenon of growing losses and “lumpy” revenue—large infusions of income at inconsistent times—is observed by most players in the industry at some point in their life span.
IonQ (IONQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
(Bloomberg) -- Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., opened 13% above its listing price after raising $1.68 billion in an upsized US initial public offering.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissStock Buyers Step In to Lift Dow Av
Quantinuum stock is expected to start trading on Thursday after the Honeywell-controlled company launches its IPO.
Shares of Quantinuum rose 13.3% in their Nasdaq debut, fetching a valuation of $17.63 billion as Honeywell's quantum computing company became the latest to benefit from robust investor demand. Breakthroughs in the fast-growing technology have spurred bets that quantum machines could eventually outperform conventional computers on certain complex tasks. Quantinuum, like its rival IonQ, makes machines that hit trapped ions with lasers to perform quantum computations, where data can be either 1 or a 0, as with conventional computers, or both a 1 and a 0 at once.
Quantinuum stock, with the ‘QNT’ symbol, will begin trading on the Nasdaq Global Market on Thursday.
From SpaceX to Anthropic, the pipeline of blockbuster initial public offerings is moving fast. The Honeywell -backed upstart is slated to go public on Thursday, according to Nasdaq, meaning the IPO likely will be priced later Wednesday.
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.
Quantinuum is set to make the biggest trading debut for any quantum company this year. As anticipation rises, the company is upsizing its initial public offering to as much as $1.46 billion. Quantinuum indicated Monday that it plans to offer 26.5 million shares at prices ranging from $53 to $55 each, compared with earlier plans to sell roughly 21 million shares for $45 to $50 each.
Quantinuum, which has filed for an IPO, will likely start trading in early June as the number of quantum computing stocks continues to swell.
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.
This newly public quantum company recently won a $100 million government contract.
The quantum computing space recently got a major vote of confidence from Washington, and Wall Street wasted no time responding. IonQ shares surged over 12% on May 21 after the Trump administration unveiled plans to pour more than $2 billion into quantum computing companies. The move sent the ...
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
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