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Quantum Computing 12 May 2026 - 22 May 2026

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 Inc. stock jumped 12.24% to $58.89 at the close Thursday as quantum-computing names caught a bid after reports of new federal funding. That move topped the wider market, with the Dow up 0.55%, S&P 500 up 0.17%, and Nasdaq rising 0.09%. Commerce on Monday said it plans $2.013 billion in incentives for two U.S. quantum foundries and seven quantum-computing firms, focusing on “fault-tolerant” quantum systems that can still operate with errors. Quantum computers use qubits that hold multiple states. Companies named for the incentives include IBM, GlobalFoundries, Atom Computing, Diraq, D-Wave, Infleqtion, PsiQuantum, Quantinuum and Rigetti. IonQ was not on the list.
IBM shares get $1 billion quantum boost from Washington move

IBM shares get $1 billion quantum boost from Washington move

IBM shares jumped Thursday, gaining after the company and the U.S. Commerce Department said they plan a $1 billion award for a new quantum-chip foundry. The stock ended the day at $252.97, up from $225.00, with 25.5 million shares changing hands, according to IBM historical data. Washington’s action is about timing. The U.S. is moving past grants and putting money directly into a group of quantum-computing firms, trying to cut reliance on foreign tech supply. According to FedScoop, the Commerce Department signed letters of intent totaling around $2 billion for nine companies, taking non-controlling equity stakes with each deal.
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 Inc. traded close to $28 early Friday before the bell, adding to Thursday’s surge. This comes after the company said it signed a letter of intent for $100 million in possible U.S. funding that would include an equity stake for the Commerce Department. Shares ended Thursday at $25.73, up 33.4%. Google Finance had the premarket price at $27.99. D-Wave is now in the middle of a $2 billion federal initiative that includes nine quantum computing companies. Quantum computing relies on quantum physics for new data processing, with Washington making the sector a strategic play against China.
Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

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

Rigetti Computing was up again before the Nasdaq opened Friday as the quantum-computing firm secured a U.S. government funding deal that could total $100 million. The shares finished Thursday at $22.04, up 30.57%. Early Friday, the stock traded at $24.10 pre-market at 4:10 a.m. EDT, another 9.35% jump. Washington is now backing the technology with taxpayer money and a government stake, even as it’s still untested at commercial scale. U.S. stock markets planned a regular session Friday before closing for Memorial Day on Monday, May 25.
Xanadu Jumps on $300 Million Capital Plan

Xanadu Jumps on $300 Million Capital Plan

Xanadu Quantum Technologies Limited shares moved higher Thursday after the company, based in Toronto, launched a $300 million synthetic at-the-market equity facility. Xanadu also said it has developed a new algorithm intended to cut costs for certain quantum applications. Class B shares on the Nasdaq were at $15.39, gaining $1.26 after reaching an intraday high of $16.47. Early trading volume was around 3.1 million shares.
GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries surged 12.7% to $79.75 early Thursday, with more than 3.4 million shares changing hands as investors bought in after new U.S. moves on quantum-chip manufacturing. The stock, listed on the Nasdaq, started at $77.99 and went as high as $82.44, market data showed. Washington is starting to put real capital into quantum computing, stepping beyond just policy talk and pushing into a technology that relies on quantum bits, not regular binary ones, for some calculations. For GlobalFoundries, a foundry that builds chips for other companies, the funding means a shot at growth outside its main business in chips for autos, communications, defense and data centers.
Quantum computing stocks rally: IonQ, Rigetti, D-Wave, QUBT prices jump as traders look to the week ahead

QUBT Moves After $2 Billion U.S. Quantum Push

Quantum Computing Inc. stock moved higher Thursday morning as traders piled into quantum-computing names. The gains came after the U.S. government said it would take equity stakes in multiple companies in the group. QUBT was last at $10.73, up $1.17, or roughly 12.2%, with volume around 16.0 million shares. Government action injected new interest into a section of the market long steered by excitement over potential more than earnings. Quantum computing, which taps quantum physics to handle problems standard computers can’t, is still early, but Washington’s support put attention on possible winners and those who could miss out.
Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion traded higher early Thursday after the company said the U.S. Department of Commerce gave it a preliminary letter for $100 million in funding tied to neutral-atom quantum computing. The letter includes a provision for the U.S. to receive equity in Infleqtion. INFQ was last at $11.18, up 5.1% ahead of the New York open. This came ahead of regular U.S. cash hours. The NYSE’s main trading session is 9:30 a.m. to 4 p.m. ET, according to the exchange, and the 2026 holiday list shows Memorial Day on May 25 and not May 21 as the next day off.
D-Wave Shares Climb After $100 Million U.S. Quantum Deal Adds Washington as Shareholder

D-Wave Shares Climb After $100 Million U.S. Quantum Deal Adds Washington as Shareholder

D-Wave Quantum Inc. shares were higher in premarket trading Thursday as the company said it got a letter of intent for up to $100 million in planned funding under the U.S. CHIPS and Science Act. The deal would make the federal government a shareholder. D-Wave was last quoted at $19.30, up $1.085, or about 6% from where it closed before. This was before the NYSE core trading session, which opens at 9:30 a.m. ET.
IBM Stock Tumbles After Earnings Beat as Software Slowdown Reignites AI Fears

IBM, Rigetti, D-Wave gain after $2B quantum investment from Washington

U.S. Commerce said Thursday it has signed letters of intent for $2.013 billion in funding for nine quantum computing companies, taking minority, non-controlling equity stakes in each. The equity stake means the government would take shares in these firms. Washington is moving to bring more advanced tech manufacturing stateside ahead of quantum systems reaching commercial scale. Commerce said quantum computing could touch national defense, materials discovery, drug research, financial modeling, and energy systems.
Quantum Stocks Surge on $2 Billion Play; IonQ Faces Next Hurdle

Quantum Stocks Surge on $2 Billion Play; IonQ Faces Next Hurdle

IonQ shares jumped about 8% in premarket trading Thursday, picking up steam during a wild period for one of the top pure-play quantum-computing names. The stock was quoted at $52.47 ahead of the U.S. market open, up $4.02 from where it closed Wednesday. Quantum stocks got a new policy push today after Reuters, citing the Wall Street Journal, said the Trump administration will hand out $2 billion in grants to nine quantum-computing firms. The U.S. is also taking equity stakes in some of the deals, according to the report. IBM, D-Wave Quantum, and Rigetti Computing are named as recipients, while IonQ did not appear on the list.
Rigetti Shares Rally on U.S. Quantum Funding as Debate Over Value Returns

Rigetti Shares Rally on U.S. Quantum Funding as Debate Over Value Returns

Berkeley, California, May 21, 2026, 04:13 PDT Rigetti Computing stock moved higher ahead of Thursday’s U.S. open after Reuters reported, via the Wall Street Journal, that the Trump administration will hand out $2 billion in grants to nine quantum-computing firms and plans to take equity in the companies. Rigetti is listed among recipients set to get about $100 million, according to the report.
MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Inc. stock surged 39.95% Wednesday after the Shenzhen-based algorithm developer announced a proposed quantum image edge-extraction algorithm for noisy images. The news fueled heavy trading in MLGO, a small-cap name known for big swings. Shares finished the day at $5.36 after hitting $6.87 earlier, then dipped to $5.22 in after-hours trading, which means trades after the closing bell. MicroAlgo shares popped after a technical update, not on earnings or any new deal. The company said it has built a way to use quantum computing and digital image processing to sharpen noisy images and pick out edges faster.
Rigetti Stock Struggles, Demand for Answers Grows

Rigetti Stock Struggles, Demand for Answers Grows

Rigetti Computing shares ended the week with losses. The quantum computing company dropped 7.37% to close at $17.85 on Friday, pulling back after its earlier earnings rally. U.S. markets were shut on Sunday. Investors are watching last week’s results ahead of an investor event set for Thursday. Speculative tech stocks took a hit going into the weekend. The Nasdaq Composite dropped 1.5% on Friday and finished the week down 0.1%. The Russell 2000, heavy with small-caps, was off 2.4% for the week. That left the market with little appetite for unprofitable firms still working to show their tech can scale.
IonQ’s Volatile Week Leaves Bulls Focused on Monday Trade

IonQ’s Volatile Week Leaves Bulls Focused on Monday Trade

NYSE is shut outside its 9:30 a.m. to 4 p.m. Eastern window on Sunday, so IonQ Inc. heads into Monday after a rocky week, not an active trading move. The quantum-computing stock finished Friday at $51.95, down 9.6% for the day. Shares are still above May 8’s $49.24 close, after a big rally Monday and a retreat late in the week. The focus is back on the stock as a test for investor appetite toward unproven quantum revenue. Tech shares took a hit, with the Nasdaq down 1.5% and the S&P 500 falling 1.2% Friday, hurt by higher oil prices and bond yields.
MicroAlgo Stock Jumps Before The Bell As Quantum Circuit Algorithm Puts MLGO Back In Play

MicroAlgo Stock Jumps Before The Bell As Quantum Circuit Algorithm Puts MLGO Back In Play

MicroAlgo Inc. rolled out a new claim on Thursday, touting a multi-objective evolutionary algorithm for automating quantum circuit design. The Shenzhen firm, which trades on the Nasdaq, says the tool targets the creation of the gate-level instructions essential for running software on quantum computers. Shares swung sharply ahead of Friday’s U.S. open after the announcement. Timing’s key here. Quantum hardware remains expensive, error-prone, and far from robust, making any software that trims circuit length, simplifies complexity, or eases operation a real competitive front—this is no longer just academic territory.
Xanadu Quantum Technologies Stock Gets Its First Public Earnings Test—and Losses Still Rule

Xanadu Quantum Technologies Stock Gets Its First Public Earnings Test—and Losses Still Rule

Xanadu Quantum Technologies Limited posted first-quarter revenue of $2.8 million, up sharply from $0.7 million a year ago, but losses also deepened. The company said net loss increased to $20.6 million, or 28 cents per share, compared with $12.2 million, or 22 cents, in the prior-year period. The results, released Thursday, offer an early glimpse at the mounting costs tied to bringing its photonic quantum-computing business to the public markets. Nasdaq shares changed hands at $15.13 late in the U.S. session, marking a 1.9% gain on the day after swinging between $14.10 and $15.99. Earlier, Investors.com noted the stock slipped more than 3% in after-hours action, landing at $14.66 as revenue topped forecasts but losses ran deeper than analysts had anticipated.
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Stock Market Today

  • Bending Spoons (AOL) Jumps 41% After $1.7B Nasdaq IPO
    July 1, 2026, 3:50 PM EDT. Bending Spoons, which owns AOL plus holdings like Eventbrite and Vimeo, raised $1.7 billion in a Nasdaq IPO Wednesday. The tech investor, based in Italy, priced 58 million shares at $29. It drew in $1 billion for the company and the rest went to selling shareholders. The stock jumped 41% at the open, pushing Bending Spoons' value to $25.5 billion. Started in 2013, the firm buys up troubled tech names and uses AI to revive them. Bending Spoons posted $601 million revenue in Q1 2026 and $27.5 million net, with $4.4 billion in debt. The new cash is marked for more deals as the IPO window reopens after SpaceX's listing.
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