Core Insights - A select group of quantum computing stocks has seen extraordinary returns, with Rigetti Computing rising over 2,880% in the past year, highlighting the speculative nature of these investments [2] - Companies like Rigetti are considered risky due to their lack of material revenue and earnings, making them a pure bet on the future commercialization of quantum computing [2][3] - Microsoft and Alphabet (Google) are presented as more stable investment options in the quantum computing sector due to their diversified business models and strong market positions [9][15] Quantum Computing Industry Overview - Quantum computing represents the next evolution of computing, utilizing qubits instead of bits, allowing for simultaneous problem-solving and the potential to tackle complex issues beyond current supercomputers' capabilities [5] - The industry is still in its infancy, with significant uncertainty regarding the timeline for achieving desired technological advancements and commercialization [5] Microsoft Developments - Microsoft introduced its first quantum computing chip, Majorana 1, featuring eight topological qubits, which researchers view as a potential breakthrough due to its reduced susceptibility to noise [6] - The Majorana 1 chip is designed to eventually accommodate 1 million qubits, enhancing its computational power while also increasing error susceptibility [8] - Microsoft's diverse portfolio, including cloud services and AI, positions it well to benefit from technological advancements, even if quantum computing does not materialize as expected [9][10] Alphabet (Google) Developments - Alphabet's quantum system, Willow, launched with 105 qubits and has shown progress in reducing error rates as it scales [11] - Willow demonstrated the ability to run an algorithm that detailed a molecule's structure 13,000 times faster than a classic supercomputer, marking a significant milestone in quantum computing capabilities [12] - Alphabet's strong business segments, such as YouTube and Google Cloud, provide stability and growth potential, making it a viable investment alongside its quantum computing endeavors [14][15]

Core Points - Rosen Law Firm is reminding purchasers of Quantum Corporation securities about the upcoming lead plaintiff deadline for a class action lawsuit [1][3] - Investors who purchased securities during the specified class period may be eligible for compensation without upfront costs [2] Group 1: Class Action Details - The class period for the Quantum Corporation securities class action is from November 15, 2024, to August 18, 2025 [1] - A lead plaintiff must file a motion by November 3, 2025, to represent other class members in the litigation [3] - The lawsuit alleges that Quantum Corporation made false statements regarding its revenue recognition and will need to restate financial statements for the fiscal third quarter ended December 31, 2024 [5] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [4] - The firm was ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4] - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in recovering funds [4]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of improper revenue recognition and subsequent financial restatements, which have led to significant stock price declines and investor losses [4][6]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is reminding investors of the November 3, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against Quantum Corporation [4]. - The lawsuit claims that Quantum Corporation made false and misleading statements regarding its revenue recognition and internal controls, which materially affected investors [6]. - The firm encourages anyone with information regarding Quantum Corporation's conduct to come forward, including whistleblowers and former employees [11]. Group 2: Financial Impact and Stock Performance - On June 30, 2025, Quantum disclosed it would be unable to file its annual financial report on time, leading to a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [7]. - On August 8, 2025, Quantum announced that its third quarter 2024 financial statements should no longer be relied upon, resulting in a revenue decrease of approximately $3.9 million [8]. - Following the announcement of its CEO's resignation on August 18, 2025, Quantum's stock fell by $0.61, or 8.2%, closing at $6.83 per share [9].

Industry Overview - Quantum computing stocks have seen significant growth recently, indicating an active arms race in the sector with multiple companies announcing breakthroughs [1][2] - The market for quantum computing is projected to grow substantially, with estimates suggesting an annual value of $1 billion to $2 billion before 2030, and potentially reaching $15 billion to $30 billion between 2030 and 2040 [13] Company Analysis - **IonQ**: Currently leads the quantum computing space with a two-qubit gate fidelity of 99.97%, achieved through trapped ion technology, which is more accurate but slower compared to other methods [6][8] - **Rigetti Computing**: Utilizes superconducting qubits, which require cooling to near absolute zero, offering the fastest processing speeds. The company has already sold two quantum computing systems for a total of $5.7 million [9][14] - **D-Wave Quantum**: Focuses on quantum annealing for specific optimization problems, which may limit its application but could cater to industries with high demand for quantum solutions [10][12] Market Potential - If all three companies capture a 20% market share by 2035, each could generate around $6 billion in sales, leading to a potential market cap of about $54 billion for each company, suggesting a tripling to quadrupling of stock prices over the next decade [13][15]

Core Insights - The article discusses the investment interests of billionaires in quantum computing, specifically highlighting their stakes in two major companies, Alphabet and Amazon, rather than smaller quantum computing firms [1][3]. Group 1: Investment Focus - Billionaires Bill Ackman, Israel Englander, and David Tepper have invested in Alphabet and Amazon, which are recognized as leaders in quantum computing among other sectors [1][3]. - Ackman's Pershing Square Capital Management holds only 12 stocks, including two classes of Alphabet shares and Amazon, while Englander's Millennium Management has a diversified portfolio with 3,928 holdings, also including Alphabet and Amazon [4][5]. - Tepper's Appaloosa hedge fund owns 38 stocks, with Alphabet and Amazon being among the top positions [5]. Group 2: Quantum Computing Developments - Alphabet's Google Quantum AI has achieved "verifiable quantum advantage" with its Willow quantum chip, marking a significant milestone in quantum computing [7]. - Amazon Web Services (AWS) introduced the Ocelot quantum computing chip, which can reduce quantum error correction costs by up to 90%, potentially accelerating the development of practical quantum applications [8]. Group 3: Broader Business Context - Both Alphabet and Amazon are not solely focused on quantum computing; they are also leaders in cloud services and artificial intelligence, with AWS being the top cloud provider and Google Cloud growing rapidly [9]. - Alphabet dominates the search engine market, while Amazon leads in e-commerce, indicating strong core business performance alongside their quantum computing initiatives [10]. - The companies are exploring new markets, such as Alphabet's Waymo in the robotaxi sector and Amazon's upcoming satellite internet service through Project Kuiper, which could further enhance their growth prospects [14].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Quantum Corporation securities between November 15, 2024, and August 18, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Quantum Corporation securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must file with the court by November 3, 2025 [3]. - The lawsuit alleges that Quantum Corporation made false or misleading statements regarding its revenue recognition and will need to restate financial statements for the fiscal third quarter ended December 31, 2024 [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant settlements for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 alone [4].

Core Viewpoint - A class action lawsuit has been filed against Quantum Corporation (QMCO) for allegedly making false statements and failing to disclose improper revenue recognition, leading to the need for restating financial statements [3][7]. Allegation Details - The lawsuit claims that Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025 [3]. - As a result of this improper recognition, Quantum Corporation is required to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024 [3]. - The defendants' statements regarding the company's business, operations, and prospects were materially false and misleading, lacking a reasonable basis at all times [3]. Next Steps - Investors who purchased Quantum shares between November 15, 2024, and August 18, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4][7]. - There is no cost or obligation for investors to inquire about their potential claims [4]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across state and federal courts [5].

Core Viewpoint - WiMi Hologram Cloud Inc. is exploring a blockchain privacy protection system utilizing post-quantum threshold algorithms to create a secure and efficient blockchain ecosystem [1][11]. Blockchain Technology Overview - The fundamental structure of blockchain consists of transaction data, timestamps, and hashes of previous blocks, ensuring data integrity and immutability [2]. - Asymmetric encryption algorithms like RSA and ECC are commonly used for data encryption and digital signatures, but their security is threatened by advancements in quantum computing [2]. Post-Quantum Cryptography - Post-quantum cryptography aims to develop algorithms resilient to quantum attacks, utilizing new mathematical structures such as lattice-based systems and hash functions [3]. - These algorithms must meet blockchain requirements for efficiency, scalability, and decentralization while maintaining security [3]. Threshold Key Sharing Technology - This technology divides a private key into multiple parts distributed among participants, requiring cooperation to reconstruct the key, enhancing security and fault tolerance [4]. - Challenges include ensuring trust among nodes and maintaining system scalability [4]. WiMi's Blockchain Privacy Protection System - The system integrates post-quantum cryptography and threshold key sharing technology, providing a robust security solution for blockchain [5][11]. - It employs post-quantum encryption algorithms to protect data against quantum computing threats [5]. Distributed Key Management and Fault Tolerance - The system distributes private keys across multiple consensus nodes, ensuring that the compromise of a single node does not jeopardize overall security [6]. - This mechanism enhances fault tolerance, allowing the system to function normally even if some nodes are attacked or fail [6]. Flexible Data Authorization and Access Control - A threshold-based data authorization mechanism controls access to data, requiring a specific number of nodes to agree before granting permissions [7]. - The system allows for fine-grained access control policies tailored to user needs [7]. Efficiency and Scalability - The design optimizes consensus algorithms and data processing workflows to achieve efficient data processing and transaction confirmation [8]. - It supports dynamic scalability, enabling the addition of new consensus and data storage nodes as required [9]. Smart Contracts and Decentralized Applications - The system facilitates the deployment of smart contracts, allowing users to create custom logic and rules [10]. - This capability enhances the functionality of the system and promotes the development of decentralized applications [10]. Future Implications - WiMi's blockchain privacy protection system addresses security risks in the quantum era and enhances blockchain flexibility through various advanced features [11]. - As quantum computing and blockchain technology evolve, this system is expected to play a crucial role in user privacy protection and secure data sharing [11].

Industry Overview - Quantum computing stocks have seen significant price increases, with some companies doubling or tripling in value due to speculative momentum and investor enthusiasm [1][2] - The excitement is driven by the potential of quantum technology to transform sectors like drug discovery, cryptography, and artificial intelligence, despite most companies being pre-revenue [1] Rigetti Computing - Rigetti Computing has experienced a remarkable stock surge, up approximately 183% year-to-date and over 4,500% in the past 12 months, despite a recent 25% pullback from its 52-week high [4][5] - In Q2 2025, Rigetti reported revenues of $1.8 million, a decline of 41.9% year-over-year, with net losses of $39.7 million and an EPS of -5 cents [5] - The company's current valuation is nearly $14 billion, trading at over 1,700 times sales, indicating a highly speculative investment [6] BTQ Technologies - BTQ Technologies has rapidly gained attention since its Nasdaq debut in late September 2025, focusing on post-quantum cryptography [8][9] - The stock has surged 281% year-to-date and 122% in the past month, driven by retail speculation and interest in quantum-proof cybersecurity [9][10] - For Q2, BTQ reported sales of approximately $47,000, down from $65,000 a year ago, with a net loss of roughly $1.4 million [10] Churchill Capital Corp X - Churchill Capital Corp X is positioned as a credible entry point into quantum computing following its merger announcement with Infleqtion, valued at $1.8 billion [11][12] - Infleqtion generated nearly $29 million in trailing 12-month revenue, growing at an impressive 80% CAGR, providing a tangible revenue base for the future merged entity [14] - Citron Research has rated Infleqtion as "far superior to Rigetti," with a fair value estimate of $55 per share, indicating a favorable risk-reward profile for investors [15]

Core Insights - SuperQ Quantum Computing Inc. is participating in the NVIDIA GTC DC conference from October 27-29, 2025, focusing on quantum computing and aligning with recent U.S. government support for the sector [1][4] - The U.S. government is reportedly considering equity stakes in quantum firms for federal funding, with the Department of Energy announcing up to $625 million for quantum research centers, indicating a long-term commitment to quantum technology [2][3] - SuperQ has successfully closed a multi-million dollar financing round, enhancing its balance sheet and enabling the acceleration of its commercial roadmap [3] Company Developments - SuperQ is expanding into quantum sensing and computing hardware development, complementing its existing software and platform business, thus reinforcing its hybrid quantum-classical offerings [3][8] - The Super™ platform serves as a gateway for the commercialization of various quantum hardware types, allowing integration of classical, high-performance computing, and quantum processing workflows [3][9] - The company aims to position itself as a leader in quantum and supercomputing solutions, targeting sectors such as finance, healthcare, and defense [11][12] Industry Context - The increasing government engagement in quantum technology signifies a shift from research to strategic infrastructure, with SuperQ's platform designed to facilitate this transition [5][6] - SuperQ's hybrid-platform model allows enterprises and public-sector entities to adopt quantum-enabled workflows without being restricted to a single hardware architecture, aligning with government and enterprise views on quantum computing as infrastructure [6][9] - The company's presence at NVIDIA GTC DC positions it at the forefront of discussions regarding quantum technology, GPU-accelerated high-performance computing, and enterprise-scale AI workflows [10]