Most of the water cooler discussion these days among investors discussing the highest-flying stocks continues to be around artificial intelligence stocks, or companies leveraging such technology for growth.

IBM offers a quantum computing software application called Qiskit. Qiskit is a software suite marketed toward quantum developers. Some of the selling points of the platform are that it helps streamline workflows, assists with code generation, and provides cloud-based infrastructure to run workloads across various devices.

IonQ raises $372M through equity offering to secure $700M pro-forma cash balance for 2024, despite market turbulence.

Quantum computing stocks delivered explosive gains until the start of the year. Investors invested in them as the AI rally pushed most tech-related stocks to record highs, and quantum computing was seen as the next big beneficiary of AI.

In 2024, nearly any company dealing with quantum computing or artificial intelligence saw its valuations soar. These two fields created some of the hottest investment opportunities in years. And while long-term projections are still rosy in terms of growth,

IonQ faces market headwinds with high beta vulnerability, unsustainable valuations, and limited cash runway despite revenue growth. Click to read why IONQ is a Strong Sell.