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Shares of Google parent Alphabet (GOOGL -1.11%) (GOOG -1.16%) shot nearly 6% higher after the company announced the release of a quantum computing chip. On Monday, Dec. 9, the company made public its Willow quantum computing chip, claiming it could solve a problem in five minutes that would take more time than the history of the universe on a traditional computer.Nonetheless, what may be more important to investors is the implications for its stock. While the direct effects of quantum computing on Alphabet ...

Core Insights - Alphabet's Willow quantum computing chip achieved a computation in under five minutes that would take today's fastest supercomputers 10 septillion years, leading to a 9% increase in Google's stock for the week, marking its best performance since April [1] - Rigetti Computing has seen a remarkable 659% increase year-to-date, highlighting the potential of lesser-known quantum companies [2] - Despite not being profitable, quantum stocks like IonQ and Quantum Computing are rising due to investor optimism about future growth, with IonQ projecting a total addressable market of approximately $65 billion by 2030 [3] Quantum Stock Performance - D-Wave Quantum is recognized as a leader in quantum computing systems and is currently showing relative strength in a volatile market, with shares exhibiting a bullish pattern [5] - Quantum stocks are characterized by high volatility, and investors are advised to have a high-risk tolerance and a solid understanding of risk management [4] Market Outlook - The quantum computing industry is viewed as the hottest sector on Wall Street, with expectations for several companies to reach even higher stock prices in the future [7]

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In 2025, quantum computing is set to be the next big thing, igniting enthusiasm on Reddit and various other social media platforms. Notably, a trio of quantum computing stocks — D-Wave Quantum Inc. (QBTS) , Rigetti Computing, Inc. (RGTI) and IonQ, Inc. (IONQ) — have seen mammoth gains in the past three months. Let’s see how investors should bet on these three companies – Quantum Computing – A Growing MarketAccording to marketsandmarkets, the global quantum computing market is currently valued at $1.3 billio ...

TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone solutions, Drone-as-a-Service (DaaS), Quantum Computing solutions, and enterprise SaaS (Software-as-a-Service) solutions, today announces the launch of a Quantum Computing project for traffic optimization and weather forecasting using the company’s drones. The project, called Sky Traffic, was developed following interest received from a gov ...

Quobly Forges Strategic Collaboration with STMicroelectronicsto Accelerate its Quantum Processor Manufacturing for Large-Scale Quantum Computing Solutions Collaboration will leverage ST’s 28nm FD-SOI commercial semiconductor volume manufacturing processes to pave the way towards cost-competitive, large-scale quantum computing solutions.Quobly and ST envision the first generation of commercial products to be available by 2027, targeting applicative markets including materials development and systems modeling ...

Quantum eMotion is Unaware of Any Material Change in OperationsDecember 11, 2024 4:18 PM EST | Source: Quantum eMotion Corp.Montreal, Quebec--(Newsfile Corp. - December 11, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) is unaware of any Material Change to its stock price.At the request of CIRO, Quantum eMotion Corp. confirms that its management is unaware of any material changes in the Company's operations, other than those publicly disclosed in the recent progress report, that coul ...

HOBOKEN, N.J., Dec. 10, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 1,540,000 shares of common stock at a purchase price of $5.00 per share, pursuant to a registered direct offering. In a concurrent private placement, the Company entered into securities purchase agr ...

Shares of IonQ (IONQ 7.57%) stock popped 142.8% in November, according to data from S&P Global Market Intelligence. The start-up is trying to revolutionize the quantum computing market and bring this nascent technology into commercial hands. With investors eating up growth and deep technology stocks at the moment, it is no surprise to see IonQ crushing the market in 2024. Shares are up close to 200% year to date (YTD) as of this writing on Dec. 5, 2024.Here's why IonQ stock was up more than 100% in November ...