Quantum Computing Inc

QUBT

Market cap $4.67B

Shares of Quantum Computing Inc. (QUBT 11.65%) are jumping on Monday, up 11% as of 2:23 p.m. ET. The spike comes as the S&P 500 (^GSPC 1.47%) and the Nasdaq Composite (^IXIC 2.10%) are both moving vastly higher.

Quantum stocks, including Rigetti Computing and IONQ, surge on Monday. The quantum rally continued after JPMorgan announced it would invest $10 billion in 27 specific industries, including quantum computing.

Since the advent and proliferation of the internet in the mid-1990s, investors have pretty consistently had a game-changing technological innovation or sky-high addressable opportunity to captivate their attention (and their wallets). Things like genome decoding, nanotechnology, 3D printing, blockchain technology, the metaverse, and most recently the rise of artificial intelligence (AI), have excited investors.

For the better part of the last three years, seemingly nothing has sparked investor interest quite like the evolution of artificial intelligence (AI). Empowering software and systems with the tools to make split-second decisions without human intervention, as well as to become more proficient at their tasks over time, is viewed as a game-changing technology for most industries around the globe.

Quantum Computing's revenue plunge and widening losses highlight mounting financial strain, even as its photonic chip ambitions remain 12 to 18 months away from payoff.

Quantum Computing Inc. (NASDAQ: QUBT), which develops quantum-compatible chips and photonic hardware for high-performance computing, AI, and cybersecurity, has surged an astonishing 3,000% over the past twelve months. What's driving this?

Quantum Computing (QUBT) is up over 3,000% over the last year even after its sell-off Monday. George Tsilis points out the company's issue of $750 million in private placement as a culprit.

From coffee to quantum computing, today's Big 3 focuses on a wide range of industries. @ProsperTradingAcademy's Scott Bauer talks about the dip-buying potential behind Quantum Computing (QUBT), his mild bullishness in Costco (COST), and the technical support Starbucks (SBUX) has built.

Quantum Computing stock fell Monday after the company announced a plan to raise $750 million in a private placement.

Shares of Quantum Computing Inc. (QCi) (QUBT -8.21%) were moving lower today as investors balked at a follow-on offering from the development-stage quantum computing company.