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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.65d 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?

IREN, TeraWulf, and Applied Digital Are All Down 30% in a Month. Is More Pain Coming for Data Center Stocks?
24/7 Wall St.65d agoneutral
IREN, TeraWulf, and Applied Digital Are All Down 30% in a Month. Is More Pain Coming for Data Center Stocks?

Shares of former Bitcoin (CRYPTO:BTC) miners pivoting into AI data center and high performance computing hosting have taken a heavy hit over the past month. IREN (NASDAQ:IREN), TeraWulf (NASDAQ:WULF), and Applied Digital (NASDAQ:APLD) are all down more than 30% over the trailing month, and the selling has continued into Wednesday afternoon trading. IREN stock is ... IREN, TeraWulf, and Applied Digital Are All Down 30% in a Month. Is More Pain Coming for Data Center Stocks?

Nvidia makes revealing bet on secretive lab
TheStreet65d agoneutral
Nvidia makes revealing bet on secretive lab

Nvidia (NVDA) is no longer willing to only sell the gear behind the artificial intelligence revolution. The chipmaker has taken a stake in Safe Superintelligence, the secretive AI lab set up by ex-OpenAI chief scientist Ilya Sutskever, in a long-term strategic relationship disclosed July 27. Nvidia ...