[Events] Is Quantum Computing the Next Big Thing or Just a Bubble?

TigerEvents
12-19

Quantum computing stocks have catapulted this year, especially after Dec. 9, when $Alphabet(GOOG)$ announced its latest quantum chip, Willow. However, analysts have a negative consensus rating for these stocks.

Quantum Computing Inc. stock surged by 52.95% on Thursday and 2,785.39% over the year. Stocks of other companies, including Rigetti Computing Inc., and D-Wave Quantum Inc. have soared enormously.

Meanwhile, Citron Research, a well-known short-seller, has called this move the “most ridiculous” citing its spending on research and development. They stated:

"Small-cap quantum stocks are in a bubble, but $Quantum Computing Inc.(QUBT)$ stands out as the most ridiculous. The numbers tell the story. R&D spending is THE critical indicator in this space: last quarter, $IONQ Inc.(IONQ)$ allocated $33M and $Rigetti Computing(RGTI)$ $12M, modest figures next to tech giants like $Alphabet(GOOGL)$ .

Yet QUBT spent a mere $2M on R&D—a striking mismatch for a company claiming to 'offer integrated high-performance quantum systems.' Let's not forget the issued equity at $2.50 just a month ago. The financials simply don’t align—follow the data."

Tigers have expressed a wide range of emotions about QUBT. Some celebrated their first multi-bagger stock, while others boldly declared, “I’m not afraid of margin calls. I’ll short it all the way!”

What’s your opinion about quantum computing stocks? I would like to invite you to share your thoughts in the comments section, and if you own the stock, feel free to show your position!

How to participate?

Share your thoughts in the comments below! Do you believe quantum computing stocks can match the meteoric rise of GME? If you hold any of these stocks, feel free to show your position!

How to share positions?

There are tons of coins waiting for you !

🎁Prizes

  • Participation Reward: Every participant who shares their portfolio will earn 5 TigerCoins.

  • 🍀 Lucky Trader: We will select the most interactive, insightful, or highly liked comment to receive a USD 5 stock voucher.

  • 👑 Profit King : One trader with the highest profit will receive a USD 5 stock voucher.

⏰ Events Duration

Pump & Dump: Which Quantum Stock is Your Top Pick?
In just one month, multiple quantum computing stocks have already doubled. But the meme stocks all retraced heavily. -------------------- Would you trade quantum computing stocks? Which quantum stock would you pick?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Evara
    12-20 11:18
    Evara
    Quantum computing is an incredible opportunity many don’t comprehend what this technology can do as compared to traditional computers but the most important question I think is it affordable to the wider audience? Or when can it be affordable to wider audience? A tentative projection will help determine the fair value for these stocks
  • icycrystal
    12-19 20:58
    icycrystal
    anything is possible, anything can happen... just like the bubble dotcom...

    always trade with caution...

    @GoodLife99 @LMSunshine @koolgal @Shyon @Aqa @Universe宇宙 @SPACE ROCKET @HelenJanet @TigerGPT @rL

    Quantum computing stocks have catapulted this year, especially after Dec. 9, when $Alphabet(GOOG)$ announced its latest quantum chip, Willow. However, analysts have a negative consensus rating for these stocks.

    Quantum Computing Inc. stock surged by 52.95% on Thursday and 2,785.39% over the year. Stocks of other companies, including Rigetti Computing Inc., and D-Wave Quantum Inc. have soared enormously.

    Share your thoughts in the comments below! Do you believe quantum computing stocks can match the meteoric rise of GME? If you hold any of these stocks, feel free to show your position!

    Participation Reward: Every participant who shares their portfolio will earn 5 TigerCoins.

  • Aqa
    12-19 22:50
    Aqa
    $Quantum Computing Inc.(QUBT)$ share price is dropping fast, clocking loss of 26.01% just minutes after the market opens today. Do trade carefully. Thanks for sharing @icycrystal @TigerEvents @TigerGPT
    • TigerGPT: 

      The share price of Quantum Computing Inc. (QUBT) has dropped significantly, experiencing a loss of 26.01% shortly after the market opened today. This movement can be attributed to various factors. Here are some key points:

      Concerns over valuation and financial sustainability: There are growing concerns among investors about the sky-high valuation of Quantum Computing Inc. and its ability to sustain operations amid mounting losses. These concerns have led to a sell-off in the stock.

        

      Speculation and hype surrounding quantum computing: Quantum computing stocks, including QUBT, have experienced a surge in prices due to speculation and hype surrounding the promising field of quantum computing. However, some investors are questioning the fundamentals of these companies, leading to a reevaluation of their stock prices.

        

      Negative consensus rating: Analysts have a negative consensus rating for quantum computing stocks, including QUBT. This sentiment further contributes to the downward movement of the stock.

        

      It's important to note that the above analysis is based on available news and market data. The stock market can be highly volatile, and various factors can influence stock prices. It is always advisable to carefully consider your trading decisions and seek professional financial advice.

      Risk disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Trading stocks involves risks, and you should only trade with funds that you can afford to lose.

  • Shyon
    12-19 23:45
    Shyon
    I made a fast trade on $IONQ Inc.(IONQ)$ few days ago.

    IonQ is a leading company in quantum computing, utilizing trapped-ion technology, which is seen as a promising approach for scalable and stable quantum systems. Its strong partnerships with major tech firms like Microsoft, Amazon, and Google help validate its technology and open doors to commercial opportunities. By offering quantum computing via cloud services, IonQ has expanded its customer base, enabling businesses to access its technology without large capital investments, further boosting its growth potential.

    As a first mover in the quantum computing space, IonQ stands to benefit from the industry's long-term growth, with quantum computing poised to revolutionize industries like pharmaceuticals, materials science, and finance. The company's technological advancements, including improved qubits and precision, position it well for future success.
    @TigerEvents @Tiger_comments @TigerStars @TigerGPT

    • Shyon: 
      Come and join guys @koolgal @rL @icycrystal @b1uesky @ELI_59 @Barcode @nomadic_m @GoodLife99 @Fenger1188
    • TigerGPT: 

      The recent movement of IONQ Inc. (IONQ) stock on December 9th, 2024, can be attributed to several factors. Here are the key points from the available news:

      IonQ shares jumped 6.53% to $39.95 in intraday trading on that day. Unfortunately, there is no specific news article available to explain the exact reason for this movement.

        

      DA Davidson initiated coverage on IonQ with a Buy rating and a price target of $50. This positive analyst initiation likely boosted investor confidence and drove demand for IonQ shares.

        

      IonQ was recognized for business excellence in an unidentified news source. Although the specific details of this recognition are not mentioned, it could have contributed to the positive sentiment surrounding the stock.

        

      Additionally, it is worth noting that the stock's capital flow data for that day shows a significant inflow of $54.72 million. The overall capital flow indicates positive investor sentiment towards the stock.

      Considering the positive analyst coverage and the overall capital inflow, these factors may have contributed to the upward movement of IONQ stock on December 9th.

      However, please be aware that stock movements can be influenced by various factors, and it is important to conduct comprehensive research and analysis before making any investment decisions.

      Disclaimer: The information provided above is for reference purposes only and does not constitute investment advice. Trading stocks carries a certain level of risk, and it is important to carefully consider your investment objectives and risk tolerance before making any investment decisions.

  • Des79
    12-19 22:07
    Des79
    In actual fate, Ai Chips appear the next one should be Quantum Chips. I only know both chip need each other to transform into Ai Super Computer. That how computer work. Still have missing parts that need to perfect the Ai  eco-system.
  • highhand
    12-19 21:01
    highhand
    at this time, no company is making money from quantum computing. theoretically quantum computing works but not is such a way where it can be scaled up and used efficiently
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