Company highlights the role of software in the next phase of quantum computing and strategic advantages of public markets accessBOSTON, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Zapata Quantum, Inc. (formerly Zapata Computing Holdings, Inc.) (OTC: ZPTA) (“Zapata”, “Zapata Quantum” or the “Company”), a pioneer in quantum computing application and algorithm development, today announced that it has filed its required historical Form 10-K and 10-Qs with the Securities and Exchange Commission (the “SEC”) and is now curr ...

BREAKING: Futures Rise; Tesla, Lilly Climb In Buy Areas Today's Spotlight IBD's 12 Days of Holiday Deals Celebrate the holidays with big discounts on IBD's premium products every day from Dec. 13-24. Get Market Insights on IBD Live Join IBD Live to watch and discuss the market action in real time with a team of top market analysts. Is the Santa Claus Rally Real? Something big may be coming to town—check out IBD's guide to the Santa Claus Rally. More News In the Kentucky Derby of artificial intelligence, Ope ...

One of the key areas of this meeting and the round table today is financial surveillance. When we're talking about blockchain and crypto, what do you think is needed in financial surveillance. And I I think a lot of people are wondering would that help the price action.Would it help reduce the volatility. What will financial surveillance do for the industry. >> Well, I think the key is actually a discussion more as why we shouldn't have financial surveillance.You know, this discussion was really driven by, ...

Core Insights - Quantum computing stocks have shown significant potential, with some stocks rallying as much as 5,400% over a trailing 12-month basis, indicating strong investor interest in the technology [4] - Historical trends suggest that early-stage technologies often experience a bubble-bursting event, leading to skepticism about the sustainability of current valuations in the quantum computing sector [6][7] - The current price-to-sales (P/S) ratios for quantum computing stocks are alarmingly high, with IonQ at 163, Rigetti Computing at 1,029, D-Wave Quantum at 337, and Quantum Computing Inc. at 3,346, indicating they are well beyond historical bubble territory [17] Industry Overview - The rise of artificial intelligence (AI) has been a significant driver for companies like Nvidia, which has seen its shares increase by over 21,800% in the past decade, setting a high benchmark for future technologies [2] - Quantum computing is still in its early commercialization phase, with major companies like Amazon and Microsoft providing access to quantum-cloud services, but broad-based commercialization is still years away [8] - The barrier to entry in quantum computing may be lower than perceived, as major tech companies like Alphabet and Microsoft are entering the space with their own quantum processing units [19] Company Analysis - IonQ raised $2 billion by selling 16.5 million shares at $93 per share, a common practice among early-stage companies that often leads to shareholder dilution [10][11] - Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. are expected to follow similar capital-raising strategies, which could negatively impact their stock prices [12] - The financial health of quantum computing companies is concerning, with IonQ reporting a gross margin of -747.41% and Rigetti Computing at -6849.48%, highlighting ongoing operational losses [9][20] Competitive Landscape - The "Magnificent Seven" tech giants have the financial resources to dominate the quantum computing space, posing a significant threat to smaller players like IonQ and Rigetti Computing [21][22] - The potential economic value of quantum computing is estimated to reach $850 billion by 2040, attracting interest from well-capitalized companies that can outspend smaller competitors [21]

Core Insights - IBM's strategic shift towards software, cloud services, and AI has positively impacted investor sentiment, leading to earnings beats and stock price increases [1][5] - The stock has appreciated by 32.35% over the past 52 weeks and 39.83% year-to-date, reflecting strong investor confidence in IBM's transformation [2] - IBM's market capitalization is approximately $290.5 billion, and the company operates in over 170 countries, offering a diverse portfolio of technology and consulting services [3] Financial Performance - In Q3 2025, IBM reported revenue of $16.3 billion, a 9% year-over-year increase [10] - The software segment generated around $7.2 billion, up 10%, with hybrid cloud growing 14% and automation increasing 24% [11] - Adjusted non-GAAP EPS was $2.65, a 15% increase year-over-year, with gross margin expanding to 58.7% [12] Strategic Developments - IBM is advancing its quantum computing capabilities, aiming for quantum advantage by the end of 2026, with significant technological milestones achieved [4][7] - The introduction of the Quantum Nighthawk processor allows for more complex quantum circuits and improved error correction techniques [8] - IBM has begun deploying powerful quantum systems in research environments, enhancing its technological ecosystem [9] Analyst Expectations - Stifel raised its price target for IBM to $325, viewing the recent acquisition of Confluent as strategically beneficial [14] - Erste Group upgraded IBM from "Hold" to "Buy," anticipating stronger sales growth in the coming year [15] - Consensus among analysts is a "Moderate Buy," with a potential rally of up to 16.9% based on the highest target price of $360 [16]

Core Viewpoint - IonQ's stock has experienced significant volatility, peaking in October 2024 and then declining sharply at the start of 2025, reflecting the broader instability in the quantum computing sector, which is still in its early stages of commercial viability [2][3]. Company Overview - IonQ is a prominent player in the quantum computing space, utilizing a trapped ion technology that offers higher accuracy compared to competitors using superconducting methods. IonQ has achieved a 99.99% 2-qubit gate fidelity, which is a critical measure of accuracy [5][8]. - Despite a 30% increase in stock value in 2025, IonQ's stock was previously up 96%, indicating substantial fluctuations [3]. Market Position and Competition - IonQ holds a competitive edge with its accuracy, as most rivals struggle to achieve 99.9% 2-qubit gate fidelity. However, the commercial application of quantum computing is projected to be several years away, with 2030 being a target year for broader availability [8][11]. - Competitors using superconducting technology may not match IonQ's accuracy but have faster processing speeds, which could become advantageous if they close the accuracy gap [9][10]. Future Outlook - IonQ's success in 2026 hinges on two main factors: the market's risk appetite and IonQ's ability to maintain or enhance its accuracy lead over competitors. A shift towards risk aversion in the market could negatively impact IonQ's stock performance [11]. - If IonQ can further improve its accuracy and establish a first-mover advantage, it could position itself favorably in the market, potentially leading to significant investment returns [11][12].

Group 1: IonQ - IonQ is a quantum computing company positioned in an early-stage market with growing interest from enterprises and governments seeking alternatives to classical computing [2] - The company offers commercially accessible quantum hardware through a cloud-based "quantum as a service" model, lowering adoption barriers for customers [3] - Analysts expect rapid revenue growth through 2026 as pilot projects convert into long-term commercial contracts, supported by partnerships with major cloud platforms like Microsoft Azure [3] - If quantum computing transitions from experimentation to practical applications, even modest adoption could significantly impact IonQ's financial profile and lead to a valuation re-rating [4] - Key risks include ongoing losses, share price volatility, and uncertainty regarding the timing of widespread quantum adoption [4] Group 2: Roku - Roku has transitioned from a streaming hardware business to a connected TV platform primarily driven by advertising and subscription revenue [7] - The platform revenue has outpaced overall growth due to increased streaming engagement and improved ad monetization [8] - The shift of advertising budgets from traditional television to streaming is a central tailwind, supported by Roku's large user base and expanding relationships with major advertisers [8] - Connected TV is one of the fastest-growing segments in digital advertising, and Roku's scale positions it to capture a growing share of that spend [9] - Improvements in ad technology and potential political advertising related to the U.S. midterm elections in 2026 could further enhance revenue and margins [9] - Risks include competition, uneven hardware performance, and exposure to cyclical advertising demand [9]

Core Viewpoint - Quantum computing stocks, particularly Rigetti Computing and D-Wave Quantum, are trading at unsustainable valuations, with share prices increasing dramatically since January 2023, leading to expectations of a market correction in the near future [1][2]. Quantum Computing Market Overview - Practical quantum computers are estimated to be at least a decade away, with no company having developed a large-scale, fault-tolerant quantum computer capable of useful computations [4][5]. - Experts predict that the quantum computing market will grow at an annual rate of 21%, reaching $4 billion by 2030, while AI spending is expected to grow at 36% annually, reaching $1.8 trillion in the same timeframe [6][7]. Rigetti Computing - Rigetti specializes in superconducting quantum computing and has a market capitalization of $8.5 billion, with a current stock price of $25.84 [9]. - The company has developed multichip quantum processors, which are expected to help scale quantum systems, but practical applications are not anticipated until late 2027 [10]. - Rigetti's stock is currently valued at 1,025 times sales, significantly higher than Palantir's 120 times sales, indicating an unsustainable valuation that could lead to a major correction [11]. D-Wave Quantum - D-Wave focuses on quantum annealers, which are easier to scale and have nearly 5,000 physical qubits, but their utility is limited compared to gate-based systems [12][13]. - The company has established strong client relationships as a first mover in the market, yet its stock trades at 325 times sales, which is still considered nonsensical given the projected growth of quantum computing sales [14].

Core Insights - Alphabet's stock has experienced significant growth, rising over 80% since July 1, 2025, and is expected to continue this momentum into 2026 [1][2] - The company is positioned to potentially become the world's largest company, currently holding a market cap of $3.9 trillion, closely trailing Nvidia and Apple [4] - Alphabet's growth is driven by strong earnings growth, particularly in its core Google Search and cloud computing divisions [6][10] Google Search Performance - Google Search, Alphabet's primary business, has shown a 15% revenue growth in Q3 2025, despite facing a monopoly case earlier in the year [7] - The resolution of the monopoly case in September has positively impacted the stock, allowing for continued solid growth [7] Generative AI and Competitive Position - Alphabet has made significant strides in the generative AI space, reportedly causing OpenAI to declare a "code red" due to Alphabet's competitive advancements [8] - The Gemini model is highlighted as a strong contender in the AI race, indicating Alphabet's potential to lead in this sector [8] Cloud Computing Growth - Google Cloud has seen a 34% year-over-year revenue increase in Q3, benefiting from the demand for AI-focused data centers [10] - The operating margin for Google Cloud improved from 17% to 24% year-over-year, showcasing enhanced profitability [10] Future Growth Opportunities - Alphabet is exploring new revenue streams through the potential sale of its Tensor Processing Units (TPUs) to Meta Platforms, which could further boost its stock price [12][13] - The company is also investing in quantum computing, having run the first verifiable algorithm on its Willow chip, positioning itself for future advancements in computing technology [14] Overall Outlook - Alphabet is excelling across multiple business units and is seen as a promising investment in the AI sector, with expectations of continued market leadership into 2026 and beyond [15]

Core Insights - D-Wave Quantum is gaining traction in the quantum-computing sector, focusing on quantum-annealing technologies that have led to faster commercialization compared to other companies [1][4] - D-Wave's revenue doubled to $3.7 million in Q3, with a total of $21.8 million for the first three quarters, reflecting a 235% annual growth [2] - Despite D-Wave's promising growth, investing in larger players like Alphabet may offer better long-term potential due to their extensive resources and technological advancements [5][9] Company Performance - D-Wave's quantum-annealing technology is more advanced in commercialization than universal gate-based quantum computers from competitors like Rigetti [4] - The company has shown significant sales growth, with Q3 revenue reaching $3.7 million and a total of $21.8 million for the year-to-date [2] - D-Wave's stock is considered highly speculative and carries substantial risk [4] Competitive Landscape - Alphabet is positioned as a major contender in quantum computing, leveraging its vast resources and recent technological breakthroughs, such as the Willow chip [5][9] - The Willow chip has demonstrated the ability to solve complex problems significantly faster than traditional supercomputers, indicating Alphabet's potential advantages in real-world applications [7][8] - Continued advancements in quantum technologies are necessary for widespread adoption, but Alphabet's integration capabilities could make it a smart investment choice [9]