Quantum computing stocks rise after Microsoft says time to be 'quantum-ready' in 2025

Quantum Computing

15/01/2025 12:46

** Shares of quantum computing stocks gain premarket after
Microsoft says 2025 is the year to become "quantum-ready" in a
blog post
    ** Rigetti Computing  RGTI.O  up 8.5%, D-Wave Quantum
 QBTS.N  gains 15.6%, Quantum Computing  QUBT.O  climbs 14.1%
and IonQ  IONQ.N  rises 4.4%
    ** "We are right on the cusp of seeing quantum computers
solve meaningful problems and capture new business value. As we
look toward the next 12 months, the pace of quantum research and
development is only going to accelerate, making this a critical
and catalyzing time for business leaders to act" - MSFT says 
    ** The year-long rally in quantum computing stocks paused
last week after Nvidia  NVDA.O  CEO Jensen Huang said the
technology's practical use was likely two decades away
    ** In the past 12 months, IONQ has more than doubled in
value, QMCO shares up ~300%, QUBT 800% and RGTI over 700%
    ** Defiance Quantum ETF  QTUM.O  rose 0.8% on Weds, after
rising 47% in the past year

 (Reporting by Medha Singh)
 ((medha.singh@thomsonreuters.com))