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The CEO of D-Wave Quantum, a quantum computing company whose value soared over eight times last year, counters that Jensen Huang's views on quantum computing are "completely wrong."
The CEO of the USA quantum computing company D-Wave Quantum, Alan Baratz, stated that Jensen Huang's views on quantum computing are "completely wrong." Previously, Jensen Huang's remarks about quantum computing alarmed Wall Street, resulting in a sharp decline in related Stocks, including D-Wave.
Bearish surprise! A statement from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
NVIDIA CEO Jensen Huang admitted on Tuesday that practical applications of Quantum Computing are still several decades away. After a significant drop on Tuesday, related Concept Stocks saw an even greater decline on Wednesday, with IonQ falling by 39% and Quantum Computing down by 43.34%. Previously, these companies' stock prices had soared due to market expectations for the potential of the related technology, with Quantum Computing increasing by over 1800% in the past 12 months.
Jim Cramer Warns On 'Quantum Stories' As Stocks Plunge: 'We Need You Out Before The Froth Goes Away'
Futu Daily Report | Will the Federal Reserve pause interest rate cuts? Meeting minutes show officials are eager to slow down the pace of rate cuts; U.S. stocks are closed today in mourning for the death of former President Carter's.
The Trump team is reportedly considering declaring a national economic emergency to implement high and widespread tariffs; Bearish surprise! A single remark from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
Express News | CEO of a USA quantum computing company: Jensen Huang's view on quantum computing is "completely wrong".
Top 20 Transaction Amount | Quantum Computing concept stocks have significantly pulled back, with IONQ dropping 39%, RGTI falling over 45%, and Jensen Huang stating that commercialization will require at least another 15 years.
On Wednesday, the stock with the highest trading volume in the US market was NVIDIA, which closed down 0.02%, with a trading volume of 31.802 billion USD. The second was Tesla, which closed up 0.15%, with a trading volume of 28.804 billion USD. The third was Apple, which closed up 0.20%, with a trading volume of 9.105 billion USD.
Quantum-computing Stocks Sink as Nvidia CEO Delivers a Reality Check
Trending Stocks Today | Alternus Clean Energy Surges 33.97% Post-Market
January 8th - US stocks trending post-market.Gainers: $Alternus Clean Energy(ALCE.US)$ surges 33.97% to $0.87 with a turnover of $6.8 million. $ScanTech AI Systems(STAI.US)$ shoots up 28.44% to $2.8
The market is in dire straits! The stocks most favored by retail investors face a "settlement day."
On Wednesday, the speculative Stocks that a large number of retail investors favored suffered a dramatic decline, and the market was in a dire state.
IonQ Inc Options Spot-On: On January 8th, 413.66K Contracts Were Traded, With 453.24K Open Interest
On January 8th ET, $IonQ Inc(IONQ.US)$ had active options trading, with a total trading volume of 413.66K options for the day, of which put options accounted for 56.79% of the total transactions,
Wall Street's Riskiest Stocks Are Melting Down as Retail Traders Face 'Day of Reckoning'
Small-Reactor Nuclear Stocks Slide on Quantum Computing Pessimism -- Market Talk
Sector Update: Tech Stocks Decline Wednesday Afternoon
Top Midday Decliners
These Stocks Are Moving the Most Today: Nvidia, AMD, Palantir, IonQ, Moderna, Vir, Edison International, Constellation Energy, and More -- Barrons.com
Benzinga Market Summary: Quantum Stocks Slide On NVIDIA CEO Huang's Comments On Sector, Goldman Upgrades Spotify, US Dollar Index Rises
Top Midday Stories: Meta Platforms to Test EBay Listings on Facebook Marketplace; Quantum Computing Stocks Fall After Nvidia CEO's Comments
Unusual Options Activity: IVZ, HIMS and Others Attract Market Bets, IVZ V/OI Ratio Reaches 198.8
EST Jan 8th Morning Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
Stock Market Today: Nasdaq Composite Falls & Quantum Computing Stocks Collapse (RGTI, IONQ, QUBT)
IonQ Down Over 44%, on Pace for Record Percent Decrease -- Data Talk