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Quantum Computing 22 May 2026 - 28 May 2026

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.
IonQ Shares Pop In Quantum Move; U.S. Funds Go To Rival

IonQ Shares Pop In Quantum Move; U.S. Funds Go To Rival

IonQ shares closed at $58.89 Thursday, up 12.24%, as quantum-computing stocks surged after the U.S. Commerce Department announced $2.013 billion in incentives for the sector. IonQ was not among the direct recipients, with IBM and GlobalFoundries named for the largest awards. IonQ reported Q1 revenue of $64.7 million, up 755% year-over-year, and raised its full-year outlook. SkyWater shareholders approved a merger with IonQ on May 8.
D-Wave Shares Climb After $100 Million U.S. Quantum Deal Adds Washington as Shareholder

D-Wave Shares Draw Investor Interest After Washington Quantum Funding

D-Wave Quantum traded near $28 in early premarket Friday after signing a letter of intent for $100 million in proposed U.S. funding, giving the Commerce Department an equity stake. Shares closed Thursday at $25.73, up 33.4%. The deal is not final and could be delayed or canceled. D-Wave reported $588.4 million in cash at March 31, with Q1 revenue down 81% to $2.9 million and a net loss of $18.4 million.

Stock Market Today

  • Oil Prices Rise After Strikes on Israel Challenge Ceasefire
    June 8, 2026, 12:39 AM EDT. Oil prices edged higher following attacks on Israel, marking Iran's first action since an April ceasefire. Iran announced these strikes are the beginning of a "full week" of operations, raising concerns over Middle East stability. The developments test existing ceasefire agreements and have the potential to impact energy markets due to the region's role as a key oil supplier. Traders are closely monitoring the situation for further disruptions or escalations that could affect global oil supply and prices.

Latest articles

Snap Drops 5%—Ad Recovery Eyed Next

Snap Drops 5%—Ad Recovery Eyed Next

8 June 2026
Snap closed Friday at $5.76, down 5.11% amid a broad tech selloff triggered by a strong jobs report and renewed rate-hike worries, but still ended the week up 0.9%. Investors now await U.S. inflation data and CEO Evan Spiegel’s June 16 AWE keynote on Specs, as Snap faces pressure from weak North American ad revenue, tough competition, and activist demands for cost cuts.
Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

8 June 2026
Navitas plunged $5.61 to $25.08 Friday as a $1.3 trillion chip selloff erased Nvidia-driven gains, despite news it issued 3.28 million shares for merger earn-outs and showcased its GaNFast power board at Nvidia’s AI MGX event; investors now face risks from share dilution, sector volatility, and Navitas’s early-stage pivot to high-power AI markets amid ongoing operating losses.
NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

8 June 2026
NIO’s U.S.-listed shares plunged 5.8% Friday, erasing a delivery-led rally, as investors focus on whether June sales can hit the company’s Q2 target after May deliveries rose 62.3% to 37,705. NIO needs 42,939–47,939 June deliveries to meet guidance, with risks from China’s saturated car market and recent price pressure.
HPE Stock Faces AI Rally Test With Monday In Focus

HPE Stock Faces AI Rally Test With Monday In Focus

8 June 2026
Hewlett Packard Enterprise plunged 8.36% Friday to $49.20, capping a three-day slide and erasing gains after a post-earnings surge, even as it raised its fiscal 2026 revenue growth outlook to 29%-33% and boosted non-GAAP EPS guidance, with analysts warning that rapid gains may have priced in too much hope too quickly.
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