IonQ Inc is a pioneering company in the field of quantum computing, focused on developing cutting-edge quantum hardware and software solutions. The company aims to revolutionize computation by harnessing the principles of quantum mechanics, providing businesses and researchers with access to advanced quantum systems that can solve complex problems at unprecedented speeds. IonQ's technology has applications across various sectors, including artificial intelligence, optimization, and materials science, positioning itself as a leader in the rapidly evolving landscape of quantum information technology. Through strategic partnerships and a commitment to innovation, IonQ is striving to make quantum computing accessible and practical for diverse industries. Read More
IonQ (NYSE: IONQ), the leading commercial quantum computing and networking company, announced a new achievement in applying quantum technology to energy grid optimization challenges. Through a collaborative partnership between IonQ, Oak Ridge National Laboratory (ORNL), and the U.S. Department of Energy (DOE), the team has successfully demonstrated that its hybrid quantum-classical computing approach can address the Unit Commitment problem, a critical task for power grid operators.
Rosenblatt Securities initiated coverage on two quantum computing stocks, IonQ and D-Wave with buy ratings ahead of their second-quarter earnings reports.
IonQ trades at $42.58 and has moved in lockstep with the market. Its shares have returned 7.7% over the last six months while the S&P 500 has gained 5.8%.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the hardware & infrastructure industry, including Hewlett Packard Enterprise (NYSE:HPE) and its peers.
IonQ (NYSE: IONQ), the leading commercial quantum computing and networking company, today announced the appointment of Dr. Marco Pistoia as Senior Vice President of Industry Relations. Pistoia is a renowned IBM inventor, quantum computing leader, and former Global Head of Applied Research and Quantum Computing at JPMorganChase, where he achieved the rank of Distinguished Engineer — the highest technology title in the bank. He will play a critical leadership role in driving strategic partnerships, collaborations, and advocacy efforts to advance IonQ’s position within the quantum computing and quantum networking sectors.
The Benzinga Stock Whisper Index highlights five stocks seeing increased interest from readers during the week and a look at the reasons why and what's next.
