WeSearch

Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

9 sources covered this compare →
Coverage of this announcement varies among outlets. CNBC and MarketWatch emphasize the stock market reaction, noting that quantum stocks have surged following the news, while Crypto Briefing highlights the venture capital-style approach…
Chloe Taylor· ·1 min read · 0 reactions · 0 comments · 15 views
#quantum computing#stocks#government grants
Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes
⚡ TL;DR · AI summary

Quantum computing stocks experienced a surge in premarket trading due to reports of U.S. government grants. The government plans to allocate $2 billion to nine companies in the quantum computing sector. Additionally, the U.S. will take equity stakes in these firms as part of the initiative.

Key facts
Original article
CNBC — Top · Chloe Taylor
Read full at CNBC — Top →
Opening excerpt (first ~120 words) tap to expand

Quantum computing shares popped in premarket trading on Thursday, following reports that the U.S. government will award $2 billion in grants to nine firms operating in the space. The Wall Street Journal first reported on the deals, which will see the U.S. government take equity stakes in the companies. This is breaking news. Please refresh for updates.

Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.

Anonymous · no account needed
Share 𝕏 Facebook Reddit LinkedIn Threads WhatsApp Bluesky Mastodon Email

Discussion

0 comments

More from CNBC — Top