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Quantum Computing 23 April 2026 - 12 May 2026

IonQ Stock Jumps as SkyWater Vote Puts $1.8 Billion Quantum Deal on the Clock

IonQ Stock Jumps as SkyWater Vote Puts $1.8 Billion Quantum Deal on the Clock

IonQ shares rose 15.54% to $56.89 Monday after SkyWater Technology shareholders approved IonQ’s $1.8 billion acquisition. The vote clears a major hurdle, but the deal still needs regulatory approval. SkyWater shareholders will receive $15 in cash and $20 in IonQ stock per share. IonQ reported first-quarter revenue of $64.7 million, up 755% from a year earlier.
Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Rigetti reported first-quarter revenue of $4.4 million, up from $1.5 million a year earlier, but posted a $26.0 million operating loss as spending on research and system development rose. The company launched its 108-qubit system on major cloud platforms and ended March with $569 million in cash and no debt. Shares closed at $20.51, up 8.29% before results.
Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

Quantum Computing Inc. shares jumped 14% in premarket trading after first-quarter revenue surged to $3.7 million from $39,000 a year earlier, mainly due to acquisitions of Luminar Semiconductor and NuCrypt. The company posted a $4.1 million net loss and $19.8 million in operating expenses, ending March with $1.4 billion in cash and $16 million in contract backlog.
D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum will report first-quarter results before markets open Tuesday, with consensus revenue estimates around $4.14 million, sharply below last year’s $15 million. Shares rose 6.5% to $24.03 Monday and traded higher after hours. The company disclosed $32.8 million in bookings as of Feb. 25, including a $20 million sale to Florida Atlantic University. Analyst John McPeake maintained a Buy rating and $43 target ahead of the report.
Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

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

Rigetti shares climbed about 9% to $20.64 in afternoon trading ahead of first-quarter results due after the close. Analysts expect a loss of 4 cents a share on $4.13 million in revenue, up from $1.9 million in the prior quarter. Options traders are pricing in a post-earnings move of 10.8%. The company ended 2025 with $589.8 million in cash.
IonQ Stock Surges As SkyWater Vote Clears Key Hurdle For $1.8 Billion Quantum Chip Deal

IonQ Stock Surges As SkyWater Vote Clears Key Hurdle For $1.8 Billion Quantum Chip Deal

IonQ shares rose 16% Monday after SkyWater Technology shareholders approved IonQ’s $1.8 billion acquisition of the chip foundry. SkyWater shares gained 2.4%. The deal, still subject to regulatory approval, would bring semiconductor manufacturing in-house for IonQ. SkyWater shareholders voted overwhelmingly in favor, with 32.6 million for and about 405,000 against.
IonQ’s $1.8 Billion Quantum Chip Bet Just Cleared a Key Hurdle

IonQ’s $1.8 Billion Quantum Chip Bet Just Cleared a Key Hurdle

SkyWater Technology shareholders approved IonQ’s $1.8 billion acquisition, with 32.6 million shares voting in favor and about 405,000 opposed. The deal, announced in January, gives SkyWater holders $15 cash and $20 in IonQ stock per share. Closing is expected in Q2 or Q3 2026, pending regulatory approval. IonQ recently reported $64.7 million in first-quarter revenue and raised its 2026 forecast.
IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ will report first-quarter results after the market closes Wednesday, with analysts expecting revenue of $49.8 million and a loss of 46 cents per share. Shares rose 2.6% to $49.26 in morning trading, valuing the company at $14.5 billion. IonQ’s $1.8 billion SkyWater Technology acquisition remains pending regulatory and shareholder approval. The company launched a commercial InSAR satellite radar product on Monday.
Xanadu Quantum Technologies Limited Stock Faces a 294 Million-Share Test as EV Group Deal Lands

Xanadu Quantum Technologies Limited Stock Faces a 294 Million-Share Test as EV Group Deal Lands

Xanadu Quantum Technologies and EV Group announced a partnership to scale manufacturing of photonic quantum chips, a day after Xanadu shares fell 60% following the registration of nearly 294 million shares for resale. Xanadu will not receive proceeds from these sales. The company’s first quarterly report as a public firm is due May 14. Shares last traded at $13.90, down 0.6% on Tuesday.
Rigetti Computing Stock Faces May 11 Earnings Test as RGTI Quantum Rally Cools

Rigetti Computing Stock Faces May 11 Earnings Test as RGTI Quantum Rally Cools

Rigetti Computing shares closed at $17.50 ahead of its first-quarter earnings report due May 11. The company recently launched its 108-qubit Cepheus-1-108Q system, now available via its cloud and Amazon Braket. Analysts expect a quarterly loss of 5 cents per share on $3.3 million revenue. Rigetti reported 2025 revenue of $7.1 million and a net loss of $216.2 million.
Xanadu Quantum Technologies Stock Gets First Big Test as Q1 Results Date Lands

Xanadu Quantum Technologies Stock Gets First Big Test as Q1 Results Date Lands

Xanadu Quantum Technologies will report first-quarter results May 14, its first earnings since going public last month. Shares closed at $36.12 Friday, up $7.05, with 4.28 million traded. The company posted a $70.7 million net loss in 2025 and raised $302 million via a SPAC merger. Investors will watch the call for updates on spending, cash runway, and funding prospects.
Rigetti Computing (RGTI) Stock Gets Fresh Sell Call as 108-Qubit Test Looms

Rigetti Computing (RGTI) Stock Gets Fresh Sell Call as 108-Qubit Test Looms

Rigetti Computing shares fell 1.5% to $16.61 after Wall Street Zen downgraded the stock to “sell.” The move follows the company’s proxy mailing for its June 9 annual meeting and the launch of its 108-qubit Cepheus-1-108Q system on Amazon Braket. Rigetti posted 2025 revenue of $7.1 million against a $216.2 million net loss, with 90% of sales coming from government contracts.
D-Wave Quantum Stock Slides Before Q1 Earnings as Investors Look for Proof Behind the Rally

D-Wave Quantum Stock Slides Before Q1 Earnings as Investors Look for Proof Behind the Rally

D-Wave Quantum shares fell 4.3% to $18.49 Friday ahead of its May 12 first-quarter earnings report. The company previously reported $32.8 million in early-2026 bookings, surpassing its full-year 2025 total. CEO Alan Baratz and CFO John Markovich will discuss results and outlook on a call at 8 a.m. ET. Analyst Nehal Chokshi rated D-Wave Market Perform with a $22 target.
Cisco Systems’ Quantum Switch Push Puts Networking Giant in Race for the Next Internet

Cisco Systems’ Quantum Switch Push Puts Networking Giant in Race for the Next Internet

Cisco unveiled a prototype quantum switch designed to connect different types of quantum computers and sensors over standard telecom fiber at room temperature. The company said tests showed the device preserved quantum information with average degradation of 4% or less. The switch remains a prototype, with broad quantum networks still years away. Cisco shares last traded at $89.01, valuing the firm at about $354.6 billion.
QuantumScape Stock Whipsaws After Q1 Update as Solid-State Battery Developer Targets AI Data Centers

QuantumScape Stock Whipsaws After Q1 Update as Solid-State Battery Developer Targets AI Data Centers

QuantumScape shares swung sharply Thursday after the company launched its Eagle Line pilot production and began initial QSE-5 cell output. The stock opened at $9.65, peaked at $10.03, then fell to $7.17 by midmorning. QuantumScape reported a first-quarter net loss of $100.8 million and $904.7 million in liquidity. Another top-10 automaker joined its joint development efforts.

Stock Market Today

  • Ceres Power Shares Surge 15% Amid Doosan Deal Speculation
    May 22, 2026, 4:51 AM EDT. Shares in Ceres Power Holdings PLC rose 15% following rumors of a potential deal with South Korean conglomerate Doosan. Ceres, known for its solid oxide fuel cell and electrolyser technology, saw increased investor interest as talks intensify. The partnership could accelerate commercialization and market penetration for Ceres' clean energy solutions, highlighting growing demand for sustainable technologies in the energy sector.

Latest articles

IBM Stock Gets a $1 Billion Quantum Jolt as Washington Bets Big

IBM Stock Gets a $1 Billion Quantum Jolt as Washington Bets Big

22 May 2026
IBM shares jumped 12.4% to $252.97 on Thursday after the company and the U.S. Commerce Department announced a proposed $1 billion award for a new quantum-chip foundry, Anderon. Trading volume reached 25.5 million shares, over five times Wednesday’s level. The funding is tied to definitive agreements and ongoing technical challenges in quantum computing.
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

22 May 2026
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.
Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Shares Rally Pre-Market After $100M U.S. Quantum Contract

22 May 2026
Rigetti shares rose 30.57% to $22.04 Thursday and traded at $24.10 pre-market Friday after the company signed a preliminary U.S. Commerce Department agreement for up to $100 million over three years. The deal is part of a $2 billion federal package for nine quantum firms, including equity stakes for the government.
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