To The Moon

Quantum-computing, nuclear-power, cryptocurrency, cannabis and heavily-shorted stocks all got hammered on Wednesday, putting the brakes on a recent run-upRetail traders who had developed a taste for g

$D-Wave Quantum$ CEO Alan Baratz says $Nvidia$ CEO Jensen Huang is an authority on many areas of computing, but not all areas and not on quantum computing. Huang is “dead wrong” with his comments on the usefulness of quantum applications being years away, argues Baratz, who says that his company is “commercial today” and its services are being used by companies like Mastercard today, “not 30 years from now, today.”

Quantum computing stocks fell in premarket trading on Wednesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.QUBT fell 18%; Rigetti Computing, QMCO fell 16%; D-Wave Quantum fell 15%; IONQ fell 11%.“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “I

Most major banks call for a third consecutive year of strong returns for the S&P 500, the benchmark stock index tracking 500 of the largest public American companies, offering a welcome bullish signal