Why quantum computing stocks are soaring today while the rest of the market falls
Shares in the five most prominent quantum computing companies rose today despite a broader market pullback. The gains follow three of these companies securing hundreds of millions of dollars in funding from the U.S. government.
Why it matters — A significant U.S. government funding award to leading quantum firms could signal supportive federal backing for the sector, which is relevant to Quantum Computing, Inc. as a participant in the nascent industry.