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Better Quantum Computing Stock: Rigetti Computing vs. IonQ
The Motley Fool· 2025-03-04 02:00
Industry Overview - The artificial intelligence (AI) industry has rapidly risen, and quantum computing is poised to be the next hot sector, with the potential to transform industries even more than AI [1] - Quantum machines utilize subatomic particles for calculations at unprecedented speeds, enabling breakthroughs in various fields such as medicine, energy, and manufacturing [1] Company Analysis: Rigetti Computing - Rigetti Computing's shares have surged over 300% in the past 12 months due to investor optimism regarding quantum computing [3] - The company employs superconducting qubits and solid-state fabrication, aligning with existing semiconductor industry standards to facilitate customer adoption [4] - Despite the potential, Rigetti faces challenges with calculation errors in subatomic particles, limiting scalability and preventing replacement of current computers [5] - In Q3, Rigetti reported revenue of $2.4 million, a 23% decline from $3.1 million in 2023, marking the second consecutive quarter of year-over-year sales declines [6] - The cost of revenue increased by 41% year over year to $1.2 million, leading to a nearly 50% drop in Q3 gross profit to $1.2 million, and a net loss of $14.8 million [7] Company Analysis: IonQ - IonQ is developing networking technology to scale quantum machines, similar to conventional computing methods used in AI, resulting in a stock surge of over 140% in the past year [8] - IonQ's 2024 revenue reached $43.1 million, a 95% year-over-year increase, continuing a trend from 2023's $22 million, which was a 98% increase from 2022 [9] - The company announced advancements allowing its ion-based technology to produce vacuums comparable to those on the moon, enabling operation at room temperature and easing adoption [10] - IonQ's customer base includes notable companies such as AstraZeneca, Airbus, and the U.S. Air Force Research Lab [10] - Despite revenue growth, IonQ reported a net loss of $331.6 million in 2024, more than double the $157.8 million loss in 2023 [11] - Rising costs prompted IonQ to raise capital through an equity offering, which negatively impacted its stock due to shareholder dilution [12] Investment Comparison - Between Rigetti and IonQ, IonQ appears to be the superior investment due to its rapidly rising revenue compared to Rigetti's declining sales [13] - Both companies have high price-to-sales (P/S) ratios, indicating that investors are willing to pay a premium for their revenue [14] - The P/S multiples for both stocks have surged recently, suggesting a potential wait for lower prices before making investment decisions [15]
INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Quantum Computing Inc. and Certain Officers - QUBT
Prnewswire· 2025-03-03 17:40
NEW YORK, March 3, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ: QUBT) and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv-01457, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired QCI securities between March 30, 2020 and January 15, 2025, both d ...
Quantum eMotion Corp. Celebrates Official Launch of Its Irvine, CA Office
Newsfile· 2025-03-03 14:44
Core Insights - Quantum eMotion Corp. has inaugurated a new office in Irvine, California, marking a significant expansion in the U.S. market [1] - The grand opening event was attended by over 400 business leaders and professionals from various sectors, highlighting the company's growing network [2][3] - The establishment of the Irvine office is expected to enhance Quantum eMotion's development, commercialization, and access to capital markets [4] Company Developments - Dr. Francis Bellido, CEO, emphasized the importance of the new office in advancing the company's mission to develop quantum-safe security solutions [5] - John Young, a key board member, highlighted the company's commitment to innovation in cybersecurity, particularly in response to evolving threats from quantum computing [5] - Quantum eMotion is focused on creating affordable, high-quality cybersecurity solutions utilizing its patented Quantum Random Number Generator technology [6] Market Focus - The company aims to target sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, Government Technologies, and Quantum Cryptography [7]
Investors in Quantum Computing Inc. Should Contact The Gross Law Firm Before April 28, 2025 to Discuss Your Rights - QUBT
Prnewswire· 2025-03-03 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT) regarding a class action lawsuit due to alleged misleading statements and omissions made by the company during the class period from March 30, 2020, to January 15, 2025 [1]. Allegations - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [1]. - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [1]. - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [1]. - QCI's business dealings with Quad M and millionways are said to qualify as related party transactions, which were not disclosed [1]. - The revenues of QCI were reportedly reliant on undisclosed related party transactions, which could negatively impact the company's business and reputation once revealed [1]. - The public statements made by QCI were deemed materially false and misleading throughout the relevant period [1]. Next Steps for Shareholders - Shareholders who purchased QUBT shares during the specified timeframe are encouraged to register for the class action by April 28, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
These 2 Artificial Intelligence Stocks Could Be the Best Buys in the Quantum Computing Revolution
The Motley Fool· 2025-03-01 23:06
Core Insights - Quantum computing stocks are gaining significant attention as a new frontier in AI technology [1][2] - Companies like Rigetti Computing, D-Wave Quantum, and IonQ have seen increased activity, but they were penny stocks less than a year ago [2] - Investors are encouraged to focus on established leaders in the AI market rather than speculative stocks [2] Company Analysis Alphabet - Alphabet operates major platforms like Google and YouTube, primarily generating revenue through advertising [4][5] - The company has invested in AI services and is exploring quantum computing, with its quantum chip, Willow, demonstrating remarkable computational capabilities [6][8] - Although quantum computing has limited current applications, Alphabet's established AI presence and financial strength position it well for future integration of quantum technologies [8][9] IBM - IBM has developed a series of quantum processors and offers a software platform called Qiskit aimed at quantum developers [10][11] - Qiskit enhances workflow efficiency and provides cloud-based infrastructure, positioning IBM uniquely in the quantum computing landscape [11][12] - The combination of IBM's hardware and software capabilities could enable significant scaling as the AI movement progresses [12]
1 Reason to Buy This Artificial Intelligence (AI) Quantum Computing Stock on the Dip
The Motley Fool· 2025-03-01 21:09
Core Viewpoint - The quantum computing and artificial intelligence sectors have seen significant valuation increases in 2024, but many companies experienced a share price correction in early 2025, presenting potential buying opportunities [1][2]. Company Overview - D-Wave Quantum Inc stands out in the quantum computing space due to its smaller market cap of $2 billion and its singular focus on quantum annealing, differentiating it from larger tech competitors who do not specialize solely in quantum computing [3][4]. Technology Focus - D-Wave specializes in quantum annealing, which is effective for solving discrete optimization problems, while larger tech firms are focusing on gate-based quantum computing, which is more versatile but may have longer-term potential [4][5]. Market Position and Potential - D-Wave's early entry into commercial markets and its focus on quantum annealing may provide it with a long-term advantage in the quantum computing industry, despite the uncertainty surrounding which technology will prevail [5][7]. Investment Rationale - The company is positioned for significant growth, with forecasts suggesting that quantum technologies could contribute an additional $1 trillion to global GDP by 2035, indicating a substantial market opportunity for D-Wave [6]. Investment Consideration - D-Wave stock is recommended for patient investors seeking high-risk, high-reward opportunities, as the company is still in the early stages of commercialization and faces competition from larger tech firms [6][8].
Interested in Quantum Computing Investing? Here Are 4 Fantastic Picks to Maximize Your Odds of Picking a Winner
The Motley Fool· 2025-03-01 11:45
The quantum computing arms race is starting to heat up, as multiple companies have announced breakthroughs in this important field. However, we're still way out from widespread commercially available quantum computing, so it's difficult to determine which companies are outright winning this race.Still, that doesn't mean investors need to ignore this important sector. Instead, investors can use a technique known as basket investing to give themselves the best opportunity to make a profit.Big tech companies h ...
If I Could Only Buy 1 Quantum Computing Stock, This Would Be It
The Motley Fool· 2025-02-28 14:30
This company has a big competitive advantage giving it the necessary staying power to win.Recent breakthroughs in artificial intelligence (AI) have powered massive returns for investors who bought into the biggest beneficiaries early. AI spending has propelled the entire stock market higher as investors expect it to unlock a ton of economic value. But the biggest winners of the current trend in artificial intelligence so far have been chipmakers like Nvidia.The next big breakthrough in technology could be q ...
Shareholder Alert: Robbins LLP Informs Investors of the Quantum Computing Inc. Class Action
Prnewswire· 2025-02-28 00:25
SAN DIEGO, Feb. 27, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all persons or entities that purchased or otherwise acquired Quantum Computing Inc. (NASDAQ: QUBT) securities between March 30, 2020 and January 15, 2025. Quantum Computing (QCI) purportedly uses nonlinear quantum optics to deliver quantum products for high-performance computing applications.  For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350 ...
Amazon Debuts Chip It Aims to Scale Into Quantum Computer
PYMNTS.com· 2025-02-27 17:29
Amazon introduced its first quantum computing chip, following similar releases from Microsoft and Google.Nicknamed “Ocelot,” this quantum chip “represents an important step in developing efficient means to scaling up to practical, fault-tolerant quantum computers,” Amazon wrote in a company blog post Thursday (Feb. 27).“In the future, quantum chips built according to the Ocelot architecture could cost as little as one-fifth of current approaches, due to the drastically reduced number of resources required f ...