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[Events] Is Quantum Computing the Next Big Thing or Just a Bubble?
@TigerEvents: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 From 19 December to 26 December $Tiger Brokers(TIGR)$
[Events] Is Quantum Computing the Next Big Thing or Just a Bubble?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.