As artificial intelligence (AI) companies continue to pour hundreds of billions into further developing the technology and the infrastructure it requires, many investors are already looking for the next big thing. Quantum computing has emerged as an exciting new field for investors with their eyes on the far horizon.
Somewhat surprisingly, two quantum computing stocks have performed very well in April. IonQ NYSE: IONQ and Rigetti Computing NASDAQ: RGTI are up 17% and 19%, respectively, as of the Apr. 10 close.
Shares of IonQ (IONQ 0.44%) are surging this week. The company's stock had gained 25% over the week as I write this.
QBTS outshines IONQ with quantum supremacy, faster revenue growth and real-world deployments.
Zacks.com users have recently been watching IonQ (IONQ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The next breakthrough technology to follow artificial intelligence (AI) could be quantum computing. In February, Amazon joined other big tech firms, such as Google parent Alphabet, in touting investments in the field.
Rigetti, IonQ, and Quantinuum will work with the Department of Defense to build viable quantum computers.
Quantum computing has captured the attention of investors. The hope is that quantum computing will far outpace the capabilities of today's supercomputers, allowing for new developments in climate modeling, artificial intelligence, materials science, and elsewhere.
When it comes to shopping around for ultra-high-return investments, it's best to remember that the greater the reward, the greater the risk. And for really high-payoff picks, the odds of losing money can often be at least as good as the odds of making some.
Despite a challenging first quarter marked by tariff uncertainty and higher valuations, there are several signals, including seasonality, the IPO market, and the VIX, that suggest a market bottom is nearby.
Shares of IonQ (IONQ 5.23%) are climbing on Tuesday. The quantum computing pioneer's stock gained 5.1% as of 3:35 p.m.
IONQ Inc IONQ is getting a much-needed boost, surging over 11% at one point on Monday after announcing a major quantum computing milestone.