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Quantum Computing, Rigetti, and D-Wave Stocks Fall. It’s a Volatile Group. - Barron's

1. Quantum stocks, including QBTS, fell significantly on Friday. 2. Microsoft's 'Quantum Ready' initiative briefly boosted quantum stocks earlier. 3. Analysts suggest patience is needed as quantum tech is still developing. 4. D-Wave anticipates fiscal year 2024 bookings to exceed $23 million. 5. IBM and Alphabet continue to invest heavily in quantum computing advancements.

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FAQ

Why Bearish?

The significant drop in quantum stocks indicates weakening investor sentiment and volatility. Past instances show that announcements by major companies can lead to volatile reactions in quantum stocks.

How important is it?

The article highlights significant market movements and developments in quantum computing, directly impacting stocks like QBTS.

Why Short Term?

Current declines reflect immediate market reactions rather than long-term trends. Such volatility often resolves within months as the market stabilizes.

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