Derf's Grotto

[fung_derf]

Ð....OK, there is a buy of the century in one of these Quantum stocks.....I just have no clue which one....
FWIW, purely speculation, but I think $QUBT makes a nice leap next week. Currently $11.34....I'm thinking to $15.20??

A.I. Drone Operations Flourishing as Global Quantum Computing Market Expected to Reach $5.3 Billion By 2029
Globe Newswire9:05 AM Eastern Daylight Time May 29, 2025

PALM BEACH, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global quantum computing market is expected to grow significantly in the coming years. A report from MarketsAndMarkets projected that the global quantum computing market size will be valued at USD 5.3 billion by 2029, growing at a CAGR of 32.7% during the forecast period through 2029. The report said: “Quantum computing is a growing technology that has the opportunity to make computing faster. These devices can perform valuable tasks but have a high rate of error. In short-term quantum computing, use cases will have a hybrid quantum operating model, a mix of traditional and quantum computers. In the short term, also known as the NISQ era, the revenue for quantum computing will be entirely generated from end-user industries and quantum computing research investments. Mid-term quantum computing is expected to witness many advantages over conventional computers. To achieve this stage, quantum algorithms with a high error correction ability are required. Long term quantum computing requires a high tolerance for error correction and scalability. At this stage, the value will be added by the quantum hardware, quantum software, and service providers. Systems segment to account for highest CAGR of the quantum computing market during the forecast period Quantum computer systems are designed to solve complex problems that traditional computers find difficult. Constant investments and development in quantum computing systems are driving the market during the forecast period. Quantum computing hardware launches are becoming increasingly common. The shipment of quantum computing systems is increasing daily. The cloud segment is projected to account for a larger share of the quantum computing industry than the on-premises segment from 2024 to 2029.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Quantum Corporation (NASDAQ: QMCO), Rigetti Computing, Inc. (NASDAQ: RGTI), D-Wave Quantum Inc. (NYSE: QBTS), Supermicro, Inc. (NASDAQ: SMCI).

edit: I just bought a bit of $QUBT....let's see how I do by next Friday