Core Insights - IBM's stock increased by as much as 5% on Thursday, continuing a strong performance in 2025 with a year-to-date rise of 22% [1] - HSBC's trial utilizing IBM's quantum computing technology achieved a 34% improvement in predicting the success of customer inquiries in the European bond market [2][3] Group 1: Quantum Computing in Finance - The trial demonstrated the potential of quantum computing to address real-world challenges in algorithmic bond trading, validating various trading data on multiple IBM quantum systems [2][4] - HSBC's approach combined quantum and classical computing resources, leading to a significant enhancement in predicting trade fulfillment at quoted prices [3][4] Group 2: Industry Implications - The results signify a substantial advancement for quantum computing as a practical application in the financial sector, providing a competitive edge [4] - Experts, including IBM's quantum unit leader, suggest that the scaling of quantum computing could transform entire industries, with algorithmic trading being a key area of impact [5][6]
IBM just helped HSBC pull off the world's first quantum-powered trades, and its stock is jumping