Core Insights - The U.S. government is exploring diversification of its investment portfolio, particularly in quantum computing, with discussions ongoing with at least five funds for potential equity stakes in exchange for federal funding [1][2] - The government has previously made significant investments, including a 10% stake in Intel and a 15% stake in a major rare earths miner [1] - The initial investment discussions with quantum computing companies are expected to start at $10 million, which is considerably lower than the $9 billion in grants converted to equity for Intel [2] Company Developments - Companies such as IonQ, Rigetti Computing, and D-Wave Quantum are in talks to add the government as a shareholder, with Quantum Computing Inc. and Atom Computing also considering similar arrangements [2] - Shares of IonQ and D-Wave saw a 9% increase in pre-market trading, while Rigetti and Quantum Computing stocks rose by 7% and 11% respectively, indicating positive market sentiment towards these companies [3] Industry Outlook - Quantum computing is viewed as a transformative technology, comparable to artificial intelligence, with the potential to perform complex simulations much faster than current computers [3] - Bank of America has expressed a highly optimistic view on quantum computing, suggesting it could be the most significant revolution since the discovery of fire, although practical applications are still years away [4] - Despite the enthusiasm, experts indicate that it may take until the end of the decade for useful quantum computers to be developed, with commercial breakthroughs potentially another decade away [4] Government Investment Strategy - No investment deals have been finalized with the current administration, and specific terms for potential investments remain undefined [5] - By acquiring equity stakes, the government could gain more control over the rollout of quantum technology and benefit financially if the stock prices of these companies increase [5]

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%。 ...

Group 1 - Quantum computing stocks, including IonQ, are experiencing significant interest in 2025, coinciding with the 100th anniversary of quantum mechanics, with IonQ's shares surging nearly 300% in the past 12 months through October 21 [1] - IonQ's sales in the first half of 2025 reached $28.3 million, up from $19 million in 2024, and the company achieved a new world record in fidelity for quantum computing on October 21 [3] - Despite sales growth and technological achievements, IonQ is not profitable, with an operating loss of $160.6 million in the second quarter, which has more than tripled year over year [4][7] Group 2 - IonQ's price-to-sales (P/S) ratio has soared, indicating that its shares are currently expensive, and the company is advised to wait for the Q3 earnings report on November 5 before making any investment decisions [4][5] - The Motley Fool Stock Advisor analyst team has identified 10 stocks they believe are better investment opportunities than IonQ, suggesting caution for potential investors [6][7]

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]