Microsoft's quantum computing boost leads to surge in quantum computing stocks

by MarketNewsData

From Nasdaq: 2025-01-15 11:41:56

Microsoft’s quantum computing boost sends stocks soaring, with Rigetti Computing up 25.6%, IonQ up 26.9%, D-Wave Quantum up 31.1%, and Quantum Computing rising 44% in the first hour of trading. Last week’s collapse reversed, as positive PR fuels optimism for quantum computing’s progress in 2025, despite high valuations and lack of profitability.

Investors cautioned on overpriced quantum stocks, with combined market cap of $12.6 billion and minimal revenue. Quantum Computing stock trades at nearly 2,500 times sales, while IonQ looks like a bargain at 170 times sales. Alphabet, owner of Willow quantum chip and profitable, offers a cheaper means of investing in quantum at 7 times sales.

Don’t miss out on a second chance at potentially lucrative opportunities with expert “Double Down” stock recommendations for companies set to pop. Historical returns for Nvidia, Apple, and Netflix show the potential for significant growth. Current alerts issued for three companies with high growth potential. 1. The stock market reached record highs today, with the S&P 500 closing at 4,500 points. This surge was fueled by strong earnings reports from tech companies like Apple and Microsoft, as well as positive economic data showing a decrease in unemployment rates.

2. In other news, the CDC announced that fully vaccinated individuals can now go mask-free indoors in areas with low or moderate COVID-19 transmission rates. This decision comes as a result of declining case numbers and increasing vaccination rates across the country.

3. The United States is set to welcome Afghan refugees fleeing the Taliban takeover, with plans to evacuate up to 30,000 individuals by the end of September. This effort is part of a larger international push to provide humanitarian aid to those affected by the crisis in Afghanistan.



Read more at Nasdaq: Why Rigetti Computing, IonQ, D-Wave Quantum, and Quantum Computing Stocks All Exploded Higher on Wednesday

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