Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Ventyx Biosciences, Inc. (VTYX) increased by 108% to $8.05 - Brera Holdings PLC (SLMT) rose by 49% to $12.50 - Safe & Green Holdings Corp. (SGBX) gained 39% to $3.18 - American Rebel Holdings, Inc. (AREB) up by 26% to $2.71 - Tango Therapeutics, Inc. (TNGX) increased by 18% to $10.25 - Garrett Motion Inc. (GTX) rose by 14% to $14.30 - ETHZilla Corporation (ETHZ) gained 12% to $17.61 - D-Wave Quantum Inc. (QBTS) increased by 11% to $30.40 - IonQ, Inc. (IONQ) rose by 10% to $61.04 - Megan Holdings Limited (MGN) up by 7% to $2.31 [3] Premarket Losers - Splash Beverage Group, Inc. (SBEV) decreased by 21% to $2.06 - Molina Healthcare, Inc. (MOH) down by 18% to $158.44 - SCHMID Group N.V. (SHMD) fell by 18% to $3.18 - Beyond Meat, Inc. (BYND) decreased by 18% to $2.91 - Agencia Comercial Spirits Ltd (AGCC) down by 16% to $5.07 - Super League Enterprise, Inc. (SLE) fell by 13% to $2.25 - Armata Pharmaceuticals, Inc. (ARMP) decreased by 12% to $5.99 - Applied DNA Sciences, Inc. (BNBX) down by 12% to $4.19 - Ribbon Communications Inc. (RBBN) fell by 12% to $3.49 - Tamboran Resources Corporation (TBN) decreased by 11% to $21.81 [4]

Welcome back to Squawkbox. This morning we are watching shares of quantum computing stocks. A Wall Street Journal report says that President Trump's commerce department talks with several of those companies including ION Q Regetti and D-Wave to take equity stakes in exchange for federal funding.Companies reportedly discussing minimum funding awards from Washington of $10 million each. So stocks jumping in after hours trading following that report. So, Becky, more uh more companies, more stakes, and I wonder ...

Quantum Computing Sector - Quantum computing stocks, including IonQ, Rigetti Computing, and D-Wave Quantum, have seen significant premarket gains following reports of the Trump administration negotiating equity stakes in these firms [3][4] - IonQ shares rose by 14.3%, Rigetti Computing by 13.8%, and D-Wave Quantum by 13.6% in premarket trading [5] Oil Industry - Crude oil prices have increased after the U.S. imposed sanctions on Russia's two largest oil producers, Rosneft and Lukoil, marking a direct economic response to the war in Ukraine [9][10] - The sanctions could restrict foreign entities from engaging in business with these Russian companies, potentially isolating them from the international financial system [10] - Rosneft and Lukoil account for nearly half of Russia's crude oil exports, approximately 2.2 million barrels per day in the first half of the year [10]

特朗普政府正就入股多家关键企业展开谈判，受此消息影响，量子计算板块个股在周四盘前交易中大幅 上涨。包括IonQ(IONQ.US)、Rigetti Computing(RGTI.US)和D-Wave Quantum(QBTS.US)在内的公司，正 与美国政府协商让其成为股东，这是获取专项资金协议的一部分，此类资金专门用于扶持具有发展前景 的科技公司。此举表明，特朗普政府正扩大对其视为经济关键领域的干预。 量子计算公司Quantum Computing(QUBT.US)、Atom Computing等其他企业，也在考虑类似的合作安 排。 截至发稿，盘前数据显示，IonQ股价上涨11.7%，Rigetti Computing上涨9.8%，D-Wave Quantum上涨 11.8%，Arqit Quantum(ARQQ)上涨7.75%，Quantum Corp(QMCO)上涨9.7%。 ...

Key Points IonQ releases its third-quarter earnings report on Nov. 5. The company is delivering year-over-year sales growth and technological achievements. IonQ's business is not profitable, suffering an operating loss of $160.6 million in Q2. 10 stocks we like better than IonQ › Quantum computing stocks are hot in 2025, coinciding with the 100th anniversary of quantum mechanics, the scientific principle upon which these computers are based. Among these stocks is IonQ (NYSE: IONQ), the first pure- ...

IonQ, Rigetti Computing and D-Wave Quantum are all in talks about granting shares to the Commerce Department, according to The Wall Street Journal. ...

Core Insights - The tech sector is experiencing significant growth driven by investments in artificial intelligence (AI), with expectations of adding trillions in economic value over the coming decades [2] - The Nasdaq Composite has outperformed other major indices, with year-to-date increases of 17%, compared to 13% for the Dow and 8% for the S&P 500 [1] Company Summaries IonQ - IonQ is projected to achieve a revenue growth of 112% in 2025 and 87% in 2026, focusing on quantum computing systems offered as a service through cloud platforms [5][4] - The company has a substantial patent portfolio, increasing from 35 to 1,060 patents in the last five years, positioning itself as a leader in the quantum computing industry [6] - IonQ's current market cap is approximately $19 billion, with expected revenue of $91 million this year, indicating a high valuation relative to its revenue [8][9] Iren Limited - Iren Limited is expected to see revenue growth of 130% in 2025 and 126% in 2026, potentially increasing its revenue from $497 million to nearly $2.5 billion [13] - The company is transitioning from Bitcoin mining to providing data centers for high-performance computing and AI, capitalizing on the growing demand for data center capacity [12][16] - Iren's market cap is around $14 billion, and it possesses the infrastructure and resources to compete with major players in the AI data center market [14][17]

Core Insights - The U.S. administration is engaging with multiple quantum-computing companies to acquire equity stakes in return for federal funding [1] Group 1 - The discussions involve several quantum-computing firms, indicating a strategic interest from the government in advancing this technology sector [1] - The initiative suggests a potential increase in federal investment in quantum computing, which could enhance innovation and competitiveness in the industry [1]

Core Insights - The quantum computing industry is transitioning from research to commercialization in 2025, with significant backing from U.S. agencies and leading companies generating measurable revenues [1][3][5] Government Support and Funding - The U.S. Department of Energy allocated approximately $1,153 million to its Advanced Scientific Computing Research program, emphasizing Quantum Information Science (QIS) as a core focus area for FY 2025 [3] - The National Institute of Standards and Technology (NIST) reported a 2.6% increase in funding for QIS, highlighting its importance in AI research and technology readiness [4] - The Quantum Economic Development Consortium (QED-C) noted accelerating global demand for quantum computing services, particularly in materials science, cybersecurity, and logistics optimization [4] Market Dynamics and Challenges - The U.S. Trade Representative imposed new tariffs on semiconductor and photonics components from China, temporarily increasing costs for U.S. hardware developers [5] - Despite these challenges, commercial progress in quantum companies remains strong [5] Company Highlights IBM - IBM launched its 1,121-qubit Condor quantum processor for enterprise clients and introduced the Quantum Utility initiative to apply quantum performance to real-world problems [8] - The company reported a revenue increase in its quantum services and cloud computing divisions, with a projected earnings growth of 7.7% and revenue growth of 6.4% in 2025 [9] IonQ - IonQ achieved significant performance milestones and technological advancements, including converting trapped-ion photon emissions into telecom-band photons [10] - The company is projected to report earnings growth of 37.8% and revenue growth of 115.1% in 2025, with a year-to-date stock increase of 42.4% [11] Rigetti - Rigetti is expected to see modest revenue growth, reporting $1.8 million in revenues and a $39.7 million net loss in the second quarter, while raising $350 million to strengthen its balance sheet [12] - The company is projected to report earnings growth of 75% and has experienced a year-to-date stock surge of 162.1% [13]

Core Insights - A significant portion of traders (74%) believe quantum computing stocks are in a bubble, prompting attention to this market trend [1] - Senior Market Strategist John Rowland identifies quantum computing stocks as experiencing a speculative bubble, with other sectors showing similar signs [1][4] Quantum Computing Sector - Quantum computing stocks have seen explosive growth in 2024-2025, with companies like IonQ, Rigetti Computing, and Quantum Computing leading the surge, reporting gains of 1,000% to over 3,000% in a year [2] - Despite the impressive stock performance, these companies are facing substantial cash burn, with IonQ generating $50 million in revenue but incurring a loss of $170 million, Rigetti with $11 million in revenue and a loss of over $200 million, and D-Wave Quantum earning $22 million while losing $167 million [3][6] - The volatility in quantum stocks is highlighted by IonQ's 16% spike followed by a 27% drop in subsequent sessions, indicating a pattern of rapid price fluctuations [3] Broader Market Trends - The speculative behavior observed in quantum computing is not isolated; it is also present in other sectors such as rare earth metals, drone stocks, and battery technology, with similar patterns of sharp price increases followed by quick reversals [4][5] - Lithium Americas, for example, experienced gains of 12% and 19% before losing most of those gains within three trading sessions, exemplifying the volatility across these sectors [4] - This phenomenon of "micro-bubbles" has been seen previously in markets like electric vehicles in 2021 and artificial intelligence in 2023, suggesting a recurring cycle of rapid inflation in speculative pockets when liquidity is high and narratives are strong [7]