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The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum ready' directive

1. Microsoft urges businesses to prepare for quantum computing by 2025. 2. Quantum stocks rallied, with IonQ seeing nearly 10% increase. 3. Investors shifted to 'risk on' trades after weaker-than-expected inflation data. 4. Microsoft's announcement could accelerate quantum computing R&D significantly. 5. Wall Street remains cautious about real-world applications of quantum tech.

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FAQ

Why Bullish?

Microsoft's directive enhances growth prospects for quantum companies like IonQ, reflecting positive sentiment.

How important is it?

Microsoft's endorsement is a strong catalyst for the quantum computing sector, impacting IonQ heavily.

Why Short Term?

Immediate market response to Microsoft’s announcement is likely, with potential volatility in the future.

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