In the latest market close, IonQ, Inc. (IONQ) reached $11.01, with a +0.73% movement compared to the previous day. This change outpaced the S&P 500's 0.58% gain on the day. On the other hand, the Dow registered a gain of 0.91%, and the technology-centric Nasdaq increased by 0.3%.Shares of the company have appreciated by 0.74% over the course of the past month, underperforming the Computer and Technology sector's gain of 8.43% and the S&P 500's gain of 4.61%.Investors will be eagerly watching for the perform ...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the opening of the United States’ first quantum computing manufacturing facility, located in Bothell, Washington, a suburb of Seattle. As part of this announcement, the company also shared an expansion of its Seattle facilities, increasing its footprint from 65,000 square feet to an impressive 105,000 square feet. The facility will be IonQ’s second quantum data center providing cloud access ...

Quantum computing has captured the imagination of investors and tech enthusiasts alike, promising to revolutionize everything from drug discovery to cryptography. The intense spotlight has made a market darling out of IonQ (IONQ 2.38%), a pure-play quantum computing company. Even after a 45% price drop from its yearly highs last summer, the stock has more than doubled over the last year and trades at a mind-blowing 113 times sales.IonQ may have a stellar long-term future ahead, but it's still a highly specu ...

Quantum computing stocks represent the next frontier for computing and the potential for scientific breakthroughs. Due to the disruptive potential of these companies, I anticipate that there’s a solid chance for them to mint new millionaires. However, first people must make a substantial investment in them.This article will reveal these quantum computing stocks that could do just that. These brands have solid fundamentals and growth potentials that I don’t think are fully priced into their valuations. This ...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, signed a Memorandum of Understanding (MoU) with Seoul National University’s Center for Quantum Information Science Education (CQISE) to promote workforce development in quantum information, communication science, and technology. Today’s agreement is the latest in a series of South Korean initiatives aimed at developing the country’s burgeoning quantum computing industry. IonQ and CQISE’s goal is to establis ...

The S&P 500 and the Nasdaq are pulling back after an astounding rally to round off 2023. These depreciating indices have opened the door for investors to pick up shares in undervalued companies, and namely this list of undervalued quantum computing stocks to buy.Although we’re far off from witnessing the widespread commercialization of quantum computing, investors who buy into these companies early could see substantial gains from their investments. This is because quantum computing is a giant leap from cla ...

Many hypergrowth stocks lost their luster over the past two years as rising interest rates throttled their growth, cast a harsh light on their steep losses, and compressed their valuations. However, analysts still expect many of those out-of-favor companies to more than double their annual revenue by 2025.Let's check in on three of those stocks -- the electric vehicle (EV) maker Rivian Automotive (RIVN 0.45%), the cybersecurity company SentinelOne (S 0.22%), and the quantum computing firm IonQ (IONQ 0.29%) ...

Quantum computing will be a massive game-changer. With it, the world may be able to solve problems far too complex for typical computers within minutes, or even seconds. All while creating massive opportunities for quantum computing stocks.It could even be used to discover new drugs, quicker than even imagined. For example, according to ZDNet.com, the discovery of new drugs relies on molecular simulation, which is complex and time-consuming with all of the calculations needed. “It’s expected that modeling a ...

IonQ (NYSE:IONQ) has led the way among publicly traded quantum computing stocks with its trapped-ion approach that uses charged atoms for qubits. The company claimed the world’s mightiest 32-qubit quantum computer. Aiming at modular quantum computing, IONQ stock offers access through leading cloud platforms to strengthen its market presence.The company’s Q3 revenue came in at $6.1 million, shooting past guidance and marking an impressive year-over-year increase of 122%. The company projects Q4 earnings will ...

2023 was the year of artificial intelligence (AI), and early 2024 isn’t much different, so far. Yet, the year is still young and the “next AI” might emerge soon. Consequently, investors should consider their risk tolerance and take a close look at IonQ (NYSE:IONQ) stock. Just to recap, IonQ specializes in quantum computers. IonQ’s quantum-computing technology is available on popular cloud platforms run by the likes of Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) G ...