The latest trading session saw IonQ, Inc. (IONQ) ending at $38.86, denoting a +0.83% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.92% for the day. At the same time, the Dow added 0.31%, and the tech-heavy Nasdaq gained 2.03%.Prior to today's trading, shares of the company had lost 12.98% over the past month. This has lagged the Computer and Technology sector's loss of 2.99% and the S&P 500's gain of 0.81% in that time.Investors will be eagerly watch ...

The divisive quantum computing stock still has a murky future.IonQ (IONQ -1.43%) has been a divisive stock ever since its public debut in October 2021. The bulls were dazzled by the quantum computing company's growing list of contracts and bold claims of miniaturizing quantum processing units (QPUs), but the bears were skeptical about its ambitious growth plans.IonQ's stock opened at $10.60 on the first day after it went public by merging with a special purpose acquisition company (SPAC). It soared as high ...

In the latest trading session, IonQ, Inc. (IONQ) closed at $41.35, marking a -1.64% move from the previous day. This change lagged the S&P 500's 0.53% gain on the day. Meanwhile, the Dow experienced a rise of 0.93%, and the technology-dominated Nasdaq saw an increase of 0.22%.Shares of the company witnessed a loss of 5.7% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 3.02% and the S&P 500's gain of 2.69%.The investment community will be closely moni ...

Quantum Computing ETF Milestone - Defiance ETFs' QTUM Quantum Computing ETF surpassed $1 billion in assets under management (AUM), reflecting growing momentum in quantum computing [1] - QTUM's value increased over 50% in 2024 (as of 12-31-24) [1] ETF Composition and Strategy - QTUM provides exposure to companies focused on quantum computing, including industry leaders D-Wave Quantum (NYSE:QBTS), IonQ (NYSE:IONQ), and Rigetti Computing (NASDAQ:RGTI) [2] - The ETF targets pure-play innovators driving technological growth in the AI era [2] Company Leadership and Vision - Defiance ETFs CEO Sylvia Jablonski emphasized QTUM's role in providing exposure to quantum computing innovation and its potential to revolutionize AI [3] - Defiance ETFs, founded in 2018, specializes in thematic, income, and leveraged ETFs [3] Index and Licensing Information - QTUM is based on the BlueStar Quantum Computing and Machine Learning Index™, licensed from BlueStar Global Investors LLC [9] - The index is a trademark of BlueStar Indexes® and is not directly investable [9] Distribution and Contact - QTUM is distributed by Foreside Fund Services, LLC [10] - Contact information for Defiance ETFs is provided, including a phone number and photo link [12]

Shares of IonQ (IONQ 14.06%), the high-flying quantum computing stock, were moving higher today after the company earned some recognition from Forbes and other media outlets.Given the volatility in the quantum computing sector, that was enough for IonQ to gain 14.7% as of 1:46 p.m. ET. IonQ is named a top pickIn a press release this morning, IonQ said that it was just named one of "America's Most Successful Mid-Cap Companies" by Forbes. Additionally, Investor's Business Daily named it one of its best compan ...

Shares of IonQ Inc. IONQ enjoyed a quantum leap of 33.48% in a single day to close Wednesday at $39.39. The catalyst?A perfect storm of bullish momentum driving investor buying, including a Microsoft-powered tailwind and a $1 billion deal securing Maryland as the new epicenter of quantum computing.IonQ Stock: Bulls In Charge Chart created using Benzinga ProIonQ stock is up over 336% over the past six months. It is riding a strong bullish momentum, with its share price above the five, 20 and 50-day EMAs, sig ...

Everyone is buying the wrong quantum stock today.What goes up must come down. But what goes down can shoot right back up again -- especially when it receives a big boost from Microsoft (MSFT 2.23%).This is what's happening on Wednesday, as quantum computing investors cheer some kind words from Microsoft's strategic missions and technologies chief, Mitra Azizirad, who last night urged quantum investors to get ready, because "we are right on the cusp of seeing quantum computers solve meaningful problems and c ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Industry Overview - The quantum computing industry is emerging as a dynamic investment frontier, driven by increasing demand from commercial and government sectors [1] - Market forecasts predict quantum computing will grow from $1.16 billion in 2024 to $12.6 billion by 2032, indicating strong long-term investment potential [2] Company: IonQ - IonQ has established partnerships with major companies like Amazon and Microsoft, enhancing its position in cloud-based quantum technologies [3] - The company secured significant government contracts, including a $21.1 million project with the U.S. Air Force Research Lab and a previous $54.5 million deal [4] - IonQ's collaboration with AstraZeneca aims to develop quantum applications for drug discovery, showcasing its industrial application potential [5] - In its latest quarterly report, IonQ reported a 102% revenue increase to $12.4 million, exceeding Wall Street expectations, with a bullish outlook for profitability by 2030 and projected annual sales of $1 billion [5] - As of January 14, IonQ shares were trading at $29.51, down 42.16% from its all-time high of $51 and down 31% year-to-date, presenting an attractive entry point for long-term investors [6] Company: D-Wave Quantum - D-Wave Quantum is focusing on quantum annealing technology and expanding partnerships, positioning itself as an attractive investment opportunity [7] - The company announced a collaboration with Carahsoft Technology Corp. to provide quantum solutions to the U.S. public sector, enhancing its market reach [8] - International partnerships with NTT DOCOMO and Japan Tobacco aim to address network congestion and improve drug discovery, respectively, indicating D-Wave's relevance in real-world applications [9] - D-Wave reported fiscal 2024 bookings expected to exceed $23 million, a 120% increase from 2023, with Q4 bookings projected at $18 million, reflecting a 500% year-over-year growth [10] - As of January 14, D-Wave shares were trading at $4.73, following a 54% drop in five days, offering a potential entry point for long-term growth investors [11]

Stock Performance - IonQ stock experienced a significant sell-off, with the share price down 13.7% as of 3:15 p.m. ET and having been down as much as 16% earlier in the trading session [1] - Despite recent sell-offs, IonQ stock is still up 145% over the last year [9] Geopolitical and Industry Factors - The U S plans to implement more restrictive export limitations on AI chips and semiconductor manufacturing equipment, which is impacting growth stocks including IonQ [2][3] - The Biden administration detailed regulations preventing advanced AI chips from being sold to China, Russia, Iran, and North Korea, and limiting sales to other countries [3] CEO Comments Impact - Meta Platforms CEO Mark Zuckerberg commented that quantum computing is "still quite a ways off from being a very useful paradigm," with many believing truly useful applications are more than a decade away [4] - Nvidia CEO Jensen Huang also stated that very useful quantum computers are likely 15-30 years away, with 20 years being a reasonable estimate [5] - These comments have contributed to selling pressures on quantum computing stocks, including IonQ [6] Positive Developments - IonQ announced a new contract with the U S Air Force Research Lab (AFRL) valued at $21 1 million, aimed at improving quantum network infrastructure and interoperability [7][8] - The project will be executed by IonQ's Qubitekk division at the AFRL's center in Rome, New York, focusing on hardware compatibility and connectivity advancements [8]