Quantum Computing Cools Off? Take Profits or Time to Short?
Nvidia is set to establish a Quantum Research Lab in Boston. Jensen Huang's surprising comments have once again caused quantum computing stocks to tumble.
it may be closer than you think in view of the speed of things nowadays! so yeah I believe it does not need 10 or even 15 yrs to see quantum computing be effective but 5 to 7 yrs is a good probability.
Shares of Quantum Companies Are Trading Higher After Microsoft Issued a Statement to Its Business Customers to Get "Quantum Ready" and Nvidia Announced Its First Ever Quantum Day Event.Long-term bullish on $NVDA — a pioneering force in AI, accelerated computing, and the semiconductor revolution.$NVDA $WIMI
$IONQ Inc.(IONQ)$ Alright, guys, welcome back! So today, well, it's actually pretty early—only a couple of hours since the market opened. But yeah, a lot of the Quantum names are taking a hit, down 40-50%, with some dropping as much as 47%. Today, I want to talk about IonQ. We've discussed it a few times before, but I was also using the example of RGTI, saying it could play out similar to what we saw yesterday. If you haven't seen the chart from yesterday, let me show you again. This is what I was talking about regarding RGTI: we’re in a complacency phase, and at some point, we’ll go through stages like anxiety, denial, panic, and then capitulation. I also mentioned that this cycle repeats for large-cap stocks over a longer timeframe, but for smal
$Quantum Computing Inc.(QUBT)$ stocks have fallen dramatically over the last week or two, but having broken out of a descending channel, it looks like we are headed to at least $10, maybe a bit more, before a refilling of the gap around $6-7... then off to the moon (hopefully)
i been hearing a lot about quantum technology from my colleagues and discussions on Tiger. The related stocks have moved up but also pulled back. However, awareness is growing and more people recognise the long-term potential. If innovation keeps advancing, quantum stocks could be the next big thing. I see this as an confirm chop technological progression. It is a question of “when” rather than “if"
$IONQ Inc.(IONQ)$ Looks like it's bouncing off the lower bound of the bollinger band and reversing the decline with strong momentum. Volatility seems to be elevated due to the launch of $DEFIANCE DAILY TARGET 2X LONG IONQ ETF(IONX)$. I've a couple of calls and puts set up for next week at the following levels. Sell calls @ $26, $35, $36 Sell puts @ $19 Let's see where this ends up next week.
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💰 Tech giants face a market pullback as the 10-year U.S. Treasury yield rises sharply.📈 Leverage the inverse ETFs: TMV, TSLS, and SOXS, to tackle the tumbling market.📣 Stay tuned and supercharge purchasing power with CashBoost!| Market recapYesterday, U.S. markets were closed. On Wednesday, January 8th, the S&P 500 $.SPX(.SPX)$ closed higher after a volatile session, while the Nasdaq $.IXIC(.IXIC)$ ended slightly lower. Notable movers included $Meta Platforms, Inc.(META)$ , which fell 1.16%, and
Well I do Hope that there's positive news 🗞️ or the Road map 🗾 to achieve practical quantum computing could be well received by all, especially the Investors 🙏😊 Currently still Optimistic until proven otherwise 🙏🙏🙏
Quantum Computing Hype Crashes: Is Now the Perfect Time to Short?
Jensen Huang, CEO of NVIDIA and a visionary in the tech industry, recently cast doubt on the near-term practicality of quantum computing. In a frank assessment, Huang stated that quantum computing is still 5 to 6 orders of magnitude away from being truly useful, emphasizing a 15-to-20-year horizon for meaningful applications. While his comments are grounded in reality, they stand in stark contrast to the current exuberance surrounding quantum stocks, many of which have surged dramatically in recent months. This raises an important question for traders and investors: Is it time to short quantum computing stocks after Huang’s discouraging remarks? The Quantum Reality Check Jensen Huang’s perspective is a sobering reminder that, while quantum computing holds immense promise, the path to comme
Jensen already said quantum is 20 years away. Still, it's good to carry on R&D to get to this day where quantum can be really tangible in usage like AI.
$Rigetti Computing(RGTI)$ Rigetti Computing's Stock: A Remarkable Surge in 2024 In 2024, Rigetti Computing's stock saw an extraordinary rise, up over 1,620%. This surge reflects a broader trend among quantum computing stocks, many of which experienced significant gains late in the year following Alphabet's groundbreaking quantum computing announcement. This development ignited investor excitement across the industry, prompting a reevaluation of quantum computing stocks. The critical question now is whether Rigetti Computing's stock is a good buy for 2025 or if the recent gains have been too rapid to sustain. In this analysis, I’ll delve into the company’s prospects, financials, and valuation to determine whether Rigetti is a worthwhile investment