IBM Surges as Quantum Computing Investment Drives Market Shift

IBM's stock rose by 7% following a $10 billion commitment to quantum computing and a CHIPS Act grant. Meanwhile, IonQ and Rigetti saw declines despite strong revenue growth.

By David Moadel Mon, June 1, 2026 at 4:25 PM GMT+3 5 min read · Yahoo Finance · June 1, 2026, 13:25 UTC

IBM Surges as Quantum Computing Investment Drives Market Shift

Tickers: $IBM $IONQ $RGTI

Topics: IBM stock rally IonQ and Rigetti sell-off quantum computing

Read the full article at Yahoo Finance

More World news

EY Report Outlines Three Fundamental Shifts Required for Future-Ready Health Systems by 2040 PR Newswire · November 12, 2026, 15:24 UTC
ProLift Garage Doors Expands Franchise Services and Support Initiatives PR Newswire · November 12, 2026, 15:24 UTC
Pomerantz Law Firm Investigates Cerebras Systems Inc. Over Potential Securities Fraud PR Newswire · November 12, 2026, 15:25 UTC
CEZ Reports 9M Revenue Growth and 24% Increase in Net Income Seeking Alpha · November 12, 2026, 15:05 UTC
BlueMatrix Completes Acquisition of AI-Enabled Research Platform Aiera PR Newswire · November 12, 2026, 15:15 UTC
U.S. Lawmakers Respond to Jensen Huang's Resignation as Nvidia CEO Seeking Alpha · November 12, 2026, 15:12 UTC
OpenAI Secures $15 Billion in New Funding at $1.25 Trillion Valuation Seeking Alpha · November 12, 2026, 15:13 UTC
Digi International Shares Fall 18% Following Fiscal Q4 Earnings Release Seeking Alpha · November 12, 2026, 15:13 UTC
Pomerantz Law Firm Investigates Artiva Biotherapeutics Following Program Discontinuation and Fatal Safety Events PR Newswire · November 12, 2026, 15:15 UTC
Major Corporate Earnings Scheduled for Release After Thursday Market Close Seeking Alpha · November 12, 2026, 15:00 UTC