IonQ Stock Rises on Competitor D-Wave's AT&T Quantum Computing Deal

IonQ (NYSE: IONQ) shares jumped 8.4% on Monday morning following news that rival D-Wave Quantum (NYSE: QBTS) secured AT&T (NYSE: T) as a customer for its annealing quantum computing technology. AT&T plans to use D-Wave's technology to optimize network operations, improve AI agent efficiency, and detect outages. The article suggests IonQ's rise may be due to speculation that AT&T or other telecom giants could also partner with IonQ, though the author notes this is momentum trading rather than evidence-based. D-Wave shares rose only 5.5% on the same news. The analysis concludes that IonQ remains years from profitability and advises caution, noting the stock was not among the Motley Fool's recommended 10 best stocks to buy now.

First published Aug 4, 01:59 PM UTCUpdated Jul 27, 04:13 PM UTC1 reports · 1 sources

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IonQ Stock Rises on Competitor D-Wave's AT&T Quantum Computing Deal

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IonQ Stock Rises on Competitor D-Wave's AT&T Quantum Computing DealYahoo FinanceWesternJul 27, 04:13 PM UTC

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