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Quantum Computing 22 May 2026 - 29 May 2026

Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Stock Climbs Before the Bell as IBM’s $10 Billion Quantum Push Reignites a Wild Rally

Rigetti Computing climbed in premarket trading Friday, quoted at $27.34 after closing up nearly 10% Thursday, as quantum stocks surged following IBM’s $10 billion investment plan. Rigetti shares have jumped about 60% since May 20, with trading volume spiking. U.S. government funding and sector IPO activity fueled further gains. Rigetti recently signed a letter of intent for up to $100 million in federal research funding.
D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave Quantum shares jumped 8.4% to $29.79 in New York Thursday after the company announced a proposed $100 million funding deal under the CHIPS Act. Trading volume reached 34.6 million shares. Quantum peers IonQ, Rigetti, and Quantum Computing Inc. also rose. D-Wave recently secured second-year funding for a superconducting qubits project and defended its quantum-supremacy results.
Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion shares rose 8.7% to $16.81 in early NYSE trading after announcing plans to open an Oxford Quantum Innovation Centre, aiming to triple UK capacity. SEC filings showed Maverick-linked entities sold shares last week at prices from $14.69 to $17.04. Infleqtion reported Q1 revenue of $9.5 million, a 14% increase, and raised its 2026 revenue target to at least $40 million.
Rigetti Shares Pull Back After Quantum Rally, Market Eyes Next Catalyst

Rigetti Shares Pull Back After Quantum Rally, Market Eyes Next Catalyst

Rigetti shares fell 5.13% Tuesday to $25.07 after a sharp two-day rally tied to U.S. quantum funding news. Premarket trading Wednesday showed further declines. The company announced new manufacturing moves, including a PlasmaPro 100 Cobra tool purchase, and reported 99.5% median two-qubit gate fidelity on its Novera chip. The U.S. may award Rigetti up to $100 million over three years under the CHIPS Act.
Honeywell’s Quantum Offshoot Is Targeting $12.7 Billion In Public Debut

Honeywell’s Quantum Offshoot Is Targeting $12.7 Billion In Public Debut

Quantinuum aims to raise up to $1.05 billion in a U.S. IPO, targeting a $12.7 billion valuation. The Commerce Department plans to grant the company $100 million as part of new federal quantum-computing incentives. Quantinuum reported a net loss of $192.6 million on $30.9 million in revenue for 2025. Honeywell will retain about 49% of voting rights after the IPO.
IonQ quantum run up ahead of Tuesday as Washington puts $2 billion in play

IonQ quantum run up ahead of Tuesday as Washington puts $2 billion in play

IonQ shares rose 2.8% to $65.43 in premarket trading Tuesday after the Memorial Day break, despite missing out on $2 billion in new U.S. Commerce Department quantum funding. IBM secured $1 billion in CHIPS Act incentives for a new quantum foundry, while D-Wave and Rigetti each received $100 million. IonQ posted Q1 revenue of $64.7 million, up 755% year-over-year, but faces scrutiny over valuation and cash burn.
D-Wave Heads Into $100 Million U.S. Challenge as Quantum Peer Stocks Jump

D-Wave Heads Into $100 Million U.S. Challenge as Quantum Peer Stocks Jump

D-Wave Quantum Inc. traded at $29.28 premarket Tuesday, down 0.4% after a 44.5% surge last week tied to a proposed $100 million CHIPS Act funding deal with the U.S. government. The agreement would give the Department of Commerce an equity stake if finalized. First-quarter revenue fell 81% to $2.9 million, while bookings rose sharply to $33.4 million. D-Wave ended March with $588.4 million in cash and marketable securities.
Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Stock’s $100 Million Quantum Deal Has One Big Catch Traders Can’t Ignore

Rigetti Computing shares dipped 0.23% to $26.36 in early premarket trading Tuesday after a two-day surge of over 50%. The move follows Rigetti’s May 21 announcement of a letter of intent with the U.S. Commerce Department for up to $100 million in funding. The award involves issuing new stock to the government at a discounted price, raising dilution risk for current shareholders.
Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion Shares Up 31% This Week After $100 Million Quantum Contract, Eyes on Tuesday Trading

Infleqtion shares surged 11.2% Friday to $16.35, capping a 31.4% weekly gain ahead of the Memorial Day market closure. The rally followed a May 21 letter of intent with the U.S. Commerce Department for up to $100 million in proposed funding under the CHIPS Act. The award is not final and depends on meeting development milestones. U.S. equity markets reopen Tuesday after the holiday.
Quantum Computing Stock Rises Ahead of Holiday; Tuesday in Focus

Quantum Computing Stock Rises Ahead of Holiday; Tuesday in Focus

Quantum Computing Inc. shares jumped 7.89% to $12.31 Friday, boosted by a sector rally after the U.S. Commerce Department announced $2.013 billion in quantum funding. QUBT was not named among the award recipients, unlike D-Wave, Rigetti, and IBM. Trading volume surged to 67.5 million shares. Nasdaq will be closed Monday for Memorial Day, with regular trading resuming Tuesday.
Infleqtion Stock Soared After $100 Million Quantum Move, Eyes Tuesday Event

Infleqtion Stock Soared After $100 Million Quantum Move, Eyes Tuesday Event

Infleqtion Inc. shares rose 11.2% Friday, closing at $16.35 after the U.S. Commerce Department signed a letter of intent for $100 million in planned quantum-computing incentives for the company. The stock is up 31% since May 15. The funding is not final and depends on further approvals and milestones. Infleqtion reported a Q1 operating loss of $33.6 million on $9.5 million in revenue.
Rigetti Stock’s $100 Million Weekend Question: Can RGTI Hold Its Quantum Rally?

Rigetti Stock’s $100 Million Weekend Question: Can RGTI Hold Its Quantum Rally?

Rigetti Computing shares surged 19.87% Friday to $26.42, up 48% for the week, after signing a letter of intent with the U.S. Commerce Department for up to $100 million in quantum research funding. The move followed news that Washington will invest $2 billion in nine quantum firms, including Rigetti. The company reported a Q1 operating loss of $26 million on $4.4 million revenue. The Commerce deal remains subject to final agreements.
AST SpaceMobile and Quantum Computing stocks now seen as Wall Street frontier bets

AST SpaceMobile and Quantum Computing stocks now seen as Wall Street frontier bets

AST SpaceMobile shares rose 11% and Quantum Computing Inc. jumped nearly 16% late Friday morning. AST reported $14.7 million in Q1 revenue and a $191 million net loss, while Quantum Computing Inc. posted $3.7 million in revenue and a $4.1 million net loss. Gains followed investor interest in space stocks and new public funding headlines for quantum firms.
Quantum Stocks Rally on $2 Billion Washington Move; QBTS, RGTI, INFQ Surge

Quantum Stocks Rally on $2 Billion Washington Move; QBTS, RGTI, INFQ Surge

D-Wave Quantum, Rigetti Computing, and Infleqtion shares each jumped over 30% Thursday after the U.S. Commerce Department announced $2 billion in preliminary CHIPS Act funding agreements for quantum firms. D-Wave, Rigetti, and Infleqtion each disclosed letters of intent for $100 million in proposed funding. IBM and GlobalFoundries also advanced on related news. Final awards and equity terms remain pending.

Stock Market Today

  • Boardwalk REIT's High P/E and Mixed Returns Challenge Valuation
    June 11, 2026, 6:12 AM EDT. Boardwalk Real Estate Investment Trust (TSX:BEI.UN) closed at CA$65.48, showing mixed returns: short-term gains contrast with a 3.49% decline over the past year. The stock's price-to-earnings (P/E) ratio stands at 54.3x, significantly above the Canadian sector average of 13.4x and global average of 23.7x. This high multiple reflects market expectations for earnings growth despite an 86.1% decline in annual earnings and a drop in profit margins from 66.1% to 9%. A discounted cash flow model estimates a fair value of CA$75.49, suggesting potential undervaluation relative to future cash flows. Investors are weighing whether current prices incorporate anticipated growth or if the premium P/E signals overvaluation amid recent weak earnings.

Latest articles

Gold Price Week Ahead: Why Bullion Faces a Volatile Open as Fed Bets and Iran Tensions Collide

Gold trades near ₹1 lakh in Chennai, Fed worries keep rebound in check

11 June 2026
Chennai gold prices plunged to ₹13,500 a gram, pulling eight-gram sovereigns below ₹1.10 lakh for the first time since early June, as global bullion struggled near a six-month low and U.S. inflation data fueled fresh Federal Reserve rate hike fears, pressuring both local and international gold futures.
Clover Health Up Again After CMS Star Rating Shift Alters 2027 Payment View

Clover Health Up Again After CMS Star Rating Shift Alters 2027 Payment View

11 June 2026
Clover Health soared 13.99% to $4.89 after CMS recalculated its main Medicare Advantage PPO contract’s 2026 Star Rating to 4.5 from 3.5, following a federal court order, making the plan eligible for higher 2027 quality bonus payments; premarket trading pushed shares to $5.29 as investors anticipate improved economics for a contract covering over 97% of Clover’s members.
Battalion Oil Shares Jump With Traders Looking to BATL on Iran Tension

Battalion Oil Shares Jump With Traders Looking to BATL on Iran Tension

11 June 2026
Battalion Oil soared 57.25% to $2.06 on record volume after U.S.-Iran attacks sent oil prices surging, with traders piling into high-beta small-cap producers; the company’s revenue is highly sensitive to crude prices, but derivative losses and balance sheet risks remain, and Thursday’s annual meeting and Monument Draw drilling are the next key events.
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