Core Insights - The Trump administration is reportedly considering taking equity stakes in quantum computing firms in exchange for federal funding, which has led to significant market movements in related stocks [1][2][6] - Companies such as IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing have seen their shares rise between 5% and 14% following these reports [2][6] - The administration's approach reflects a broader trend of government involvement in key industries, with previous investments in sectors like chipmaking and rare earths [5][7] Industry Impact - Quantum computing is viewed as a critical industry for future technological advancements, contributing to heightened volatility and price fluctuations in related stocks even before the recent news [4][6] - The Defiance Quantum ETF, which includes around 80 stocks in the quantum computing sector, also experienced a 2% increase [2] Government Involvement - The Trump administration's strategy of investing in publicly traded companies has been characterized as "state capitalism," with a focus on sectors deemed vital for national interests [1][5] - While some market observers support this approach as necessary for direct involvement in essential industries, others express concerns about the implications of government picking winners and losers [7][8]

Group 1 - The U.S. government is not currently negotiating equity stakes with quantum computing companies in exchange for federal funding [2] - The denial follows reports that the Trump administration was in talks with companies such as IonQ, Rigetti Computing, and D-Wave Quantum [3] - During trading, Rigetti Computing rose by 7%, IonQ by 7%, D-Wave by 13%, and Quantum Computing by 5% [3] Group 2 - The Trump administration has previously taken equity stakes in companies deemed vital to U.S. national security, including a 10% stake in Intel and a 15% stake in MP Materials [4] - Experts note that the U.S. government's increasing interest in acquiring stakes in private companies is unprecedented in recent decades [5] - Commerce Secretary Howard Lutnick has stated that the government should benefit from a company's success, particularly when federal funds are involved [5]

Matthias Balk / picture alliance via Getty Images IBM's shares fell as its software revenue came in lower than analysts expected Key Takeaways Major U.S. equities indexes mostly advanced Thursday as investors monitored China trade developments and digested the latest batch of corporate earnings. IBM's shares declined after its software revenue came in lower than analysts expected. Honeywell shares surged after the conglomerate raised its full-year profit outlook and gave an update on planned spinoffs ...

Core Insights - The Trump administration is accelerating its investment in quantum computing by negotiating equity stakes in leading firms such as IonQ, Rigetti, and D-Wave Quantum [1][2] - Each participating company is expected to receive at least $10 million in federal funding in exchange for a portion of their equity [2] - The initiative aligns with the administration's broader strategy to invest in critical industries, following previous investments in companies like Intel and MP Materials [2] Company and Industry Summary - The oversight of the quantum computing program is led by Deputy Commerce Secretary Paul Dabbar, a former executive in the quantum field, while Deputy Secretary of Defense Steve Feinberg has connections to Cerberus Capital Management [3] - Cerberus Capital Management holds a $100 million position in IonQ, linking a politically connected private equity firm to the quantum investment agenda [4] - Quantum stocks experienced significant gains, with IonQ, Rigetti, and D-Wave rising between 13% and 20%, and Quantum Computing, Inc. increasing by 10% [6]

Key Points Quantum computing is increasingly being viewed as technology that is critical to national economic security. A government stake in companies like D-Wave Quantum only bolsters this thesis. This may also lead to more investment into the sector. 10 stocks we like better than D-Wave Quantum › Shares of D-Wave Quantum (NYSE: QBTS) blasted nearly 21% higher as of 10:39 a.m. ET today after The Wall Street Journal reported that the U.S. government may take an equity stake in several of the pur ...

Core Viewpoint - US quantum computing stocks are experiencing significant gains following a report indicating that the Trump administration is contemplating equity investments in companies such as IonQ, Rigetti, and D-Wave [1] Group 1: Company Insights - IonQ, Rigetti, and D-Wave are the primary companies mentioned as potential beneficiaries of government equity stakes [1] - The interest from the Trump administration highlights the strategic importance of quantum computing in the US technology landscape [1] Group 2: Market Reaction - The news has led to a surge in stock prices for the mentioned quantum computing firms, reflecting investor optimism regarding government support [1] - This potential government involvement could enhance the financial stability and growth prospects of these companies in the competitive quantum computing sector [1]

Core Viewpoint - Quantum computing stocks in the U.S. have seen significant gains, with Rigetti Computing rising over 13%, IONQ and Quantum Computing increasing by more than 12%, and Quantum Computing up by over 9% due to reports of the U.S. government negotiating to invest in quantum computing companies in exchange for equity to fund chip development [1] Group 1 - Rigetti Computing's stock increased by over 13% [1] - IONQ and Quantum Computing stocks rose by more than 12% [1] - Quantum Computing's stock saw an increase of over 9% [1] Group 2 - U.S. government is reportedly in talks to invest in quantum computing companies [1] - Investment will be in exchange for equity to support chip research and development [1]

Core Viewpoint - Shares of quantum computing firms experienced significant increases following reports that the Trump administration may acquire stakes in these companies in exchange for federal funding, similar to previous arrangements with Intel and rare earth mining companies [1][2]. Group 1: Government Involvement - The U.S. Commerce Department is in discussions with at least three quantum computing firms—IonQ, Rigetti Computing, and D-Wave Quantum—regarding equity stakes in exchange for government funding awards [1][3]. - Two additional companies, Quantum Computing and Atom Computing, are also exploring similar arrangements [2]. - Companies that agree to the deal could receive federal funding awards of at least $10 million each, although the specifics of the equity exchange remain unclear [3]. Group 2: Previous Equity Stakes - The Trump administration has previously taken equity stakes in various companies, including a 10% stake in Intel, valued at approximately $10 billion, making the government a significant shareholder [4]. - The administration also acquired a $400 million equity stake in MP Materials and has stakes in other mining companies [4]. Group 3: Strategic Industry Focus - The administration's approach to acquiring equity stakes is part of a broader strategy to ensure self-sufficiency in strategic industries, particularly in response to geopolitical pressures, such as China's rare earth export policies [5]. Group 4: Quantum Computing Landscape - Quantum computing is viewed as a transformative technology that could outperform current supercomputers significantly, with companies like Google, Microsoft, and IBM making notable advancements [6][7].

Group 1 - Quantum computing stocks surged on Thursday, with D-Wave Quantum rising nearly 22%, Rigetti Computing up over 15%, IonQ Inc increasing by nearly 12%, and Quantum Computing up 11% [1] - Several quantum computing companies are negotiating to transfer equity to the U.S. Department of Commerce in exchange for federal funding support, indicating an expansion of government intervention in key economic sectors [1] - Companies including IonQ, Rigetti Computing, and D-Wave Quantum are discussing making the U.S. government a shareholder in return for a minimum funding of $10 million per company, with other tech firms expected to join this funding competition [1]

Core Viewpoint - Quantum computing stocks surged in the US market, indicating strong investor interest and potential government support for the sector [1] Group 1: Stock Performance - D-Wave Quantum (QBTS.US) rose nearly 22% - Rigetti Computing (RGTI.US) increased over 15% - IonQ Inc (IONQ.US) gained nearly 12% - Quantum Computing (QUBT.US) climbed 11% [1] Group 2: Government Involvement - Several quantum computing companies are negotiating to transfer equity to the US Department of Commerce in exchange for federal funding support [1] - Companies like IonQ, Rigetti Computing, and D-Wave Quantum are in discussions to make the US government a shareholder for access to specialized funding [1] - Other firms, including Quantum Computing Inc and Atom Computing, are also considering similar arrangements [1] Group 3: Funding Details - The companies are seeking a minimum funding amount of $10 million from the government for each enterprise [1] - Other technology companies are expected to join the competition for these funds [1]