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Yahoo
18 minutes ago
- Business
- Yahoo
Pure-Play Quantum in Focus: IONQ, QBTS Shine, RGTI a Wait-and-See
Quantum computing has long promised a leap in processing power beyond classical limits. The spotlight on this niche sector has intensified recently, with NVIDIA's NVDA CEO Jensen Huang declaring that quantum computing is reaching an 'inflection point,' a sharp shift from his earlier stance that practical use was decades away. Meanwhile, International Business Machines IBM unveiled an ambitious roadmap targeting a large-scale, fault-tolerant quantum computer (codenamed Starling) by 2029. Against this backdrop, investors are increasingly exploring pure-play opportunities in the sector. Three publicly listed quantum firms, IonQ IONQ, D-Wave Quantum QBTS and Rigetti Computing RGTI, have emerged with their distinct strategies and progress. Their last-reported first-quarter 2025 earnings reveal how each is advancing on technology, revenues and financial stability. Image Source: Zacks Investment Research Let's delve deeper. One of IonQ's recent milestones is the $22 million sale of 50% compute capacity from its Forte Enterprise system to EPB Chattanooga, marking the industry's first commercial deployment that combines a quantum network and quantum computer. IonQ announced a series of strategic acquisitions to strengthen its technological edge — the $1.1 billion acquisition of Oxford Ionics (noted outside the earnings call) and the planned purchases of Lightsynq and Capella, which are expected to enhance capabilities in photonic interconnects, quantum repeaters and space-based quantum communication. The company also signed MOUs with Toyota Tsusho, Japan's AIST (G-QuAT division), and satellite tech firm Intellian to explore quantum key distribution in space. IonQ was also selected to participate in DARPA's Quantum Benchmarking Initiative, further validating its leadership in advancing measurable quantum performance. This Zacks Rank #2 (Buy) stock is currently trading 27.6% below its 52-week high of $54.74, which offers a potential upside for new buyers. The Zacks Consensus Estimate for IonQ's 2025 earnings implies a 69.9% improvement over 2024. Image Source: Zacks Investment Research D-Wave Quantum, known for its annealing-based quantum systems, delivered strong first-quarter 2025 financial performance and achieved technical milestones. The company's first-quarter revenues were up 509% year over year, driven largely by a system sale to the Julich Supercomputing Center. Adjusted gross margin surged to 93.6%, while net loss narrowed to $5.4 million, the company's lowest since going public. On the technology front, D-Wave claimed quantum supremacy by simulating a magnetic material problem that would take even the world's most powerful classical supercomputer millions of years to solve. Its new Advantage2 system, featuring over 4,400 qubits, a 40% increase in energy scale, and enhanced 20-way qubit connectivity, showcased substantial performance gains. QBTS, a Zacks Rank #2 stock, is currently trading 20.5% below its 52-week high of $19.76. The Zacks Consensus Estimate for D-Wave's 2025 earnings implies a 72% improvement year over year. Image Source: Zacks Investment Research Rigetti Computing is advancing with its gate-based superconducting quantum architecture, prioritizing scalability and error correction. Key wins include selection for DARPA's Quantum Benchmarking Initiative and a $5.48 million AFOSR-led project to advance its ABAA chip fabrication technology. In the United Kingdom, Rigetti secured three Quantum Mission Pilot Awards focused on real-time quantum error correction with partners like Riverlane and NQCC. A research breakthrough, published in Nature Physics, demonstrated optical control of superconducting qubits, potentially easing cryogenic scaling constraints. However, compared to the other two startups, investors are a bit apprehensive about the stock's near-term growth momentum. This is because its first-quarter 2025 revenues declined to $1.5 million from $3.1 million in the year-ago period. Gross margin was 30%, down from 49% in the year-ago period. Despite near-term challenges, RGTI's sustained R&D momentum and strategic backing signal potential for massive growth as the industry matures. This stock is currently trading 47% below its 52-week high of $21.42. The Zacks Consensus Estimate for Rigetti's 2025 earnings implies an 86.1% improvement year over year. Image Source: Zacks Investment Research Given the current momentum and first-quarter performance, IonQ and D-Wave Quantum stand out as the stronger investment options among the three. Both companies have achieved significant technical and financial milestones, including major system sales, strategic partnerships and strong revenue growth. While IonQ is gaining strength through acquisitions, D-Wave is demonstrating quantum supremacy. In contrast, Rigetti, with a Zacks Rank #4 (Sell), is facing revenue declines and margin compression, making it a less favorable choice for near-term investors despite its long-term potential. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Indian Express
20 minutes ago
- Business
- Indian Express
What is $1 trillion Project Crystal Land, SoftBank CEO Masayoshi Son's grand vision for AI and robotics hub in US?
Founder of SoftBank Group, Masayoshi Son, has proposed plans to set up a massive AI and robotics manufacturing industrial zone in Arizona. The endeavour could likely cost a whopping $1 trillion if it reaches its full scale. Reportedly, the project was earlier known as Project Crystal Land and aims at building infrastructure for AI systems and robotics. According to reports, Son has discussed the project with Samsung, chipmaker TSMC, and the Trump administration. Dubbed the Arizona AI megaproject, it aims to set up a Shenzhen-like manufacturing hub for robotics and AI. This aligns with US President Donald Trump's vision of bringing high-tech production back to America. Project Crystal Land envisions a futuristic industrial park specially designed to build AI-powered industrial robots and accelerate AI technologies. The project aims to rival China's Shenzhen, which is widely known as a hub for innovation and manufacturing excellence. As of now the AI arms race is intense, with the US and China in the fray, and this project could likely catapult the Grand Canyon State into the global arena as a centre for high-tech production. The project is in line with the multinational investment holding company's aggressive strategy for investing in AI. This comes after the company pledged a $19 billion investment to the ambitious $500 billion Stargate AI infrastructure project flagged off by Trump along with Son, OpenAI CEO Sam Altman, and Larry Ellison of Oracle earlier this year. As part of its strategy, SoftBank Group recently pushed $40 billion into OpenAI and acquired Ampere Computing for $6.5 billion. Project Crystal Land, if materialised, would include research and development labs and production facilities focused on Artificial General Intelligence (AGI), processing of advanced semiconductors, tech workforce housing, and a likely integration with smart grid infrastructure. Reportedly, SoftBank is eyeing involving TSMC in its grand initiative. TSMC has been instrumental in fabricating processors for NVIDIA. The Taiwanese company currently plans to invest about $165 billion in total in its US projects; however, reports indicate that this is unrelated to SoftBank's proposed project. Similarly, Samsung Electronics has also been approached for the project. Reportedly, discussions between SoftBank and federal and state government officials are underway to gain support for Project Crystal Land. Son has reportedly met US Secretary of Commerce Howard Lutnick and other officials to mull over likely tax incentives and regulatory nods that may support the development of thesemassive complex. The discussions follow Trump's vision to revive American manufacturing capabilities and bring jobs back to the US. However, the success of this project would largely depend on a favourable regulatory environment and gaining support from the US government. Following the reports of the proposed collaboration, SoftBank' shares soared as much as 2 per cent, and TSMC's stock witnessed a hike of 1.9 per cent. When it comes to financing this mega trillion-dollar project, SoftBank will likely follow a model that is similar to oil pipeline funding, essentially reducing its upfront capital needs while at the same time using the company's present $23 billion liquidity and its stake in Arms Holdings as collateral. Reportedly, its project-based approach will enable SoftBank to gain additional funding without stressing its immediate financial resources.
Focus Malaysia
24 minutes ago
- Business
- Focus Malaysia
Anwar's dilemma grows as allies compete for Cabinet posts
THE resignations of PKR's Datuk Seri Rafizi Ramli and Nik Nazmi Nik Ahmad as economy and natural resources ministers have sparked a race among unity government parties for the vacant Cabinet posts. This has deepened the dilemma faced by Prime Minister Datuk Seri Anwar Ibrahim. UMNO, eyeing its seventh ministerial slot after Tengku Datuk Seri Zafrul Abdul Aziz's defection to PKR, has proposed names like Datuk Seri Johari Abdul Ghani, sources said. Johari is the current Plantation Industries and Commodities Minister. Second Finance Minister Datuk Seri Amir Hamzah Azizan is also mentioned as a potential interim economy minister. Meanwhile, Amanah also is pushing for more representation, citing its strong track record, while MIC and MCA demand fairer Barisan Nasional (BN) representation, criticising UMNO's dominance. While Anwar faces pressure to balance coalition dynamics, both MIC and MCA have so far been denied ministerial posts, though they are under the BN banner, and BN is a loyal party to the Madani regime. Reports now suggest Johari is among those tipped to act as interim economy minister, replacing Rafizi, who made it clear he is not coming back to Anwar's cabinet. However, Anwar could also appoint Johari, analysts said, as a permanent economy minister in a portfolio swap between UMNO and PKR. A portfolio swap could happen, but the quota balance remains. Some reports are saying UMNO could propose others to replace Johari at the Commodities, such as Deputy Works Minister Datuk Seri Ahmad Maslan or Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail. We also have to note that last week, Amanah Johor called on the Prime Minister to allocate more cabinet positions to the party following the resignation of two ministers. Its deputy chairman Dr Zuhan Zain highlighted Amanah's strong performance and commitment to the unity government, citing leaders like the late Datuk Seri Salahuddin Ayub, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu, and Health Minister Dr Dzulkefly Ahmad. While the vacant posts were previously held by Rafizi and Nik Nazmi, Zuhan argued that UMNO's nomination of non-PKR candidates opens opportunities for all coalition parties to propose their leaders. On the other hand, UMNO has been reminded not to behave as if it is the sole party representing BN in the coalition government. MIC strategic director R Thinalan criticised BN chairperson Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi's push to maintain UMNO's seven ministerial positions after Tengku Zafrul's departure, calling it disappointing to MIC grassroots. Thinalan argued that UMNO is not the sole BN representative, questioning why MCA or MIC cannot fill Cabinet roles. He emphasised that Tengku Zafrul's former ministry belonged to BN, not UMNO exclusively, and insisted that any Cabinet appointments must involve discussions with other BN component parties, highlighting the need for a fairer representation within the coalition government. — June 21, 2025 Main photo credit: Reuters
Time of India
26 minutes ago
- Business
- Time of India
Aquarius Daily Health Horoscope Today, June 21, 2025: Your energy will shape what you attract
Aquarius, daily horoscopes await your discovery according to how mighty planets act on your health and vitality. Get helpful insights to coordinate your day with clarity and confidence. Maintain your balance and bask in the good cosmic vibes. Today, the energy you bring into situations will shape what you attract in return. Stay positive and open, as your vibrations invite similar energies. Your enthusiasm and kindness will create good connections and opportunities. Avoid negative thoughts or doubts that lower your energy. Remember, what you focus on grows. Bring light and optimism to your day and watch it brighten around you. Aquarius Health Horoscope Today Your health will improve if you keep a balanced routine. Avoid skipping meals and drink plenty of water. Light exercise like jogging or yoga will lift your energy and improve circulation. Pay attention to any tension or stress and try relaxation methods to stay calm. Positive energy within you will reflect in your physical vitality and mental clarity. Aquarius Wellness Horoscope Today Wellness depends on your mindset today. Engage in activities that uplift your spirit and avoid stressful interactions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo Meditation, music, or creative hobbies can refresh your soul. Stay connected with friends or groups that support your positive energy. Taking care of your mental and emotional health will help maintain your overall well-being and happiness. Aquarius Love Horoscope Today Love looks promising as your positive energy attracts meaningful connections. If in a relationship, your warmth and openness will deepen bonds. Singles might meet someone who resonates with their vibe. Be authentic and share your true self freely. The energy you give will invite love and kindness into your life today. Aquarius Career Horoscope Today Career progress depends on your attitude and openness to new ideas. Collaborate with others and share your vision clearly. Your innovative approach can lead to exciting breakthroughs. Remember, your energy influences how people respond, so keep it bright and constructive. Aquarius Money Horoscope Today Financially, optimistic thinking will bring new opportunities. Explore fresh ideas or side projects with confidence. Avoid fear about money; instead, focus on growth and abundance. Positive energy will help you attract financial stability and success. Trust your instincts and stay open to unexpected income sources. Aquarius Affirmation Today: I attract positive energy and abundance with my mindset. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Business Insider
26 minutes ago
- Business
- Business Insider
NaaS gets Nasdaq notification regarding minimum market value deficiency
NaaS (NAAS) Technology, the first U.S.-listed EV charging service company in China, announced that it has received written notification from the Nasdaq Stock Marke dated June 13, 2025, notifying the Company that it is currently not in compliance with the minimum market value of listing securities of $35 million for continued listing of the Company's Class A ordinary shares on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(b)(2). Nasdaq calculates the MVLS based upon the most recent total shares outstanding multiplied by the closing bid price. The MVLS Notice indicated that the Company has 180 days, or until December 10, 2025 to regain compliance with the MLVS Requirement by having its MVLS close at $35 million or more for a minimum of ten consecutive business days. Confident Investing Starts Here:
