TORONTO, ON / ACCESSWIRE / December 10, 2024 / Quantum BioPharma Ltd. (NASDAQ:QNTM)(CSE:QNTM)(FRA:0K91) ("Quantum BioPharma" or the "Company"), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, today announces through its subsidiary, HUGE Biopharma Australia Pty Ltd.
VICTORIA, BC / ACCESSWIRE / December 10, 2024 / AI/ML Innovations Inc. (the "Company") (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) is pleased to announce that it has entered into an arms-length share purchase agreement dated December 9, 2024 (the "SPA") to acquire all of the issued and outstanding shares (the "Acquisition") of Quantum Sciences Ltd. ("Quantum").
The quantum computing industry stands at a fascinating inflection point. While widespread practical applications remain years away, investors have substantially bid up quantum computing stocks in 2024.
Google unveiled an experimental machine capable of tasks that a traditional supercomputer could not master in 10 septillion years. (That's older than the universe.
Quantum computers have the potential to be significantly more powerful than classical computers, making their potential applications immense in the worlds of cryptography, machine learning, and AI more broadly. These machines use encoded quantum bits—qubits—to carry more information and complete processes faster than traditional bits can in classical computing.
Shares of IonQ (IONQ 7.57%) stock popped 142.8% in November, according to data from S&P Global Market Intelligence. The start-up is trying to revolutionize the quantum computing market and bring this nascent technology into commercial hands.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, ON / ACCESSWIRE / December 5, 2024 / Quantum BioPharma Ltd.
Quantum computing stocks have been soaring lately, with some names doubling or even tripling in value year-to-date. This remarkable surge has been fueled by a mix of industry advancements, significant partnerships, and increased investor interest, positioning quantum computing as one of the most exciting yet speculative tech sub-sectors to watch.
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Xinyu Ru sees Argan, Inc. as undervalued with strong growth in gas and renewable energy projects, trading at 21x 1-year forward earnings. AES Corporation's sell-off creates a buying opportunity according to Zenzizenzike Investments due to strong fundamentals and potential upside despite renewable energy subsidy concerns.
Quantum computing is causing rumblings in the stock market, as evidenced by the interest in stocks like IonQ Inc. NYSE: IONQ, which have surged 156% year-to-date (YTD). The computer and technology sector pioneer IonQ is widely being accepted as the leader in this segment based on its 102% YoY growing revenues, a $54.5 million deal with the United States Air Force Research Lab (AFRL), and financial backing from industry giants like Amazon.com Inc. NASDAQ: AMZN, Lockheed Martin NYSE: LMT and Samsung Electronics Co. Ltd.
I believe D-Wave's Leap platform stands out in quantum computing as a service, offering a reliable quantum annealing system actively used by big industry players. The integration of the Advantage2 processor in the Leap platform and the National Quantum Initiative Act reauthorization are two catalysts that could drive a significant increase in the share price. The 41% YoY growth in QCaaS revenue reflects a transition to stable, subscription-based income, with major clients like Lockheed Martin and Mastercard.
In this video, I will talk about recent updates regarding Amazon (AMZN 2.32%) and a couple of quantum computing stocks, such as IonQ (IONQ 3.53%). Watch the short video to learn more, consider subscribing, and click the special offer link below.