
Quantum computing is a hot topic right now. Three of the four highest-performing stocks in the last six months are pure play investments in this technology. Investors expect big things from a new class of computers, with the promise of solving incredibly complex problems in the blink of an eye. Leading quantum computer builder IonQ ( IONQ -5.72% ) gained 484% in six months as of Dec. 26. Believe it or not, but that jump doesn't qualify IonQ for a top-four finish. No, IonQ lands in the 16th place on this list, far behind the 2,735% gain posted by smaller rival Quantum Computing, Inc. ( QUBT -4.63% ) . Can Quantum Computing build on its recent success? Will IonQ turn the tables and outperform the smaller company in 2025? What else do you need to know before investing in the explosive quantum computing market? Metric Quantum Computing IonQ Market Cap $2.4 billion $10.2 billion Revenue (TTM) $390,000 $37.5 million Net Profit Margin (TTM) (6,159%) (457.9%) Free Cash Flow (TTM) ($20.5 million) ($120.4 million) Cash and Short-Term Investments $3.06 million $301.8 million Data collected from Finviz and YCharts on Dec. 26, 2024. TTM = trailing twelve months. Compare and contrast the financial results These financial statements have a lot in common. IonQ and Quantum Computing's stocks are worth billions of dollars despite minimal revenues and deeply negative bottom-line profits. Neither company is attempting to make a profit at this point. They are development-stage businesses set up to deliver new and improved technologies that might support a profitable business someday. I'm not speculating here. Here's what IonQ said about its business prospects in regulatory filings before entering the public stock market in 2021: Quantum Computing offered another sobering self-analysis in 2020: "We incurred negative cash flows from operating activities and recurring net losses in fiscal years 2019 and 2018. [...] These factors, among others, raise substantial doubt about our ability to continue as a going concern ." Wall Street's ditches are littered with the remains of development-stage businesses that never lived up to their early expectations. IonQ and Quantum Computing are the first to admit that they might be next in line for financial disaster, bankruptcy, and crumbling investor value. I'm not saying that the two companies are doomed to fail, but you should be aware of the substantial risks involved in owning these stocks. Even if you don't mind risky investments , it's best to make smallish bets on any stock in this volatile industry. Some of the most promising research projects may never result in commercial-grade computing systems, after all. What makes these quantum computing specialists unique IonQ is a leading manufacturer of quantum computing systems. So far, its customer list includes several branches of the U.S. military, South Korean vehicle maker Hyundai , and industrial machinery giant Caterpillar . Anyone can access IonQ hardware through popular cloud-computing platforms from Amazon , Microsoft , and Alphabet . The IonQ Forte system hit the market a year ago. Its trapped ion architecture provides 32 qubits of quantum computing power. That's enough to perform some simple calculations, though the error rate is still high. Estimated to cost about $13 million, the Forte system is still not useful for any real-world business task. Quantum Computing (the company, not the technology itself) started out with a tight focus on providing software and algorithms to run on quantum computing hardware from other companies. Since then, the company has merged with a quantum hardware researcher and is now looking for opportunities to sell computing systems, too. This company is not shipping any hardware yet, though. The third-quarter report in November highlighted several partnerships and research programs, looking forward to potential system sales in 2025. How to invest in quantum computing stocks today All things considered, I think it's too early to pick long-term winners in the promising but risky field of quantum computing. I would approach this game-changing technology from a safer angle. Some of the largest tech giants are also developing quantum computing systems these days, including some of the IonQ partners mentioned earlier. These deep-pocketed businesses are better equipped to manage the unpredictable nature of risky research projects. But I promised to pick a winner in this specific duel, and the choice is very clear. IonQ has already proven its ability to win long-term development contracts and actually deliver a few systems to real-world customers. Moreover, this company has enough cash reserves to make it a couple of years without being forced to raise extra cash in uncomfortable ways. The Quantum Computing company doesn't have that luxury. So I would much rather own IonQ stock than Quantum Computing shares. Your mileage may vary, but the smaller company is too risky for my blood.
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HOUSTON (AP) — The Houston Texans made mistakes in every facet of the game Sunday against the Tennessee Titans to lose for the third time in four games. Read this article for free: Already have an account? To continue reading, please subscribe: * HOUSTON (AP) — The Houston Texans made mistakes in every facet of the game Sunday against the Tennessee Titans to lose for the third time in four games. Read unlimited articles for free today: Already have an account? HOUSTON (AP) — The Houston Texans made mistakes in every facet of the game Sunday against the Tennessee Titans to lose for the third time in four games. C.J. Stroud threw two interceptions, the defense gave up multiple big passing plays and Ka′imi Fairbairn missed a 28-yard field goal that would have tied it late in a 32-27 loss. “Just a disappointing loss for us,” coach DeMeco Ryans said. “We didn’t do anything well enough to win this game. Out of all the positives that we did have, there were way too many negatives, too many negative plays.” Jimmie Ward had a 65-yard interception return for a touchdown in the third quarter and the Texans tied a franchise record with eight sacks. Danielle Hunter led the group with a season-high three sacks and Will Anderson Jr. added two in his return after missing two games with an ankle injury. But the offense sputtered for most of the game as Joe Mixon was held to 22 yards on 14 carries. But Ryans refused to blame the offense for the loss. “Our offense did plenty,” Ryans said. “They gave us enough points. On defense, we have to be able to stop them.” Chig Okonkwo grabbed a short pass and rumbled 70 yards for a touchdown to put the Titans (3-8) up 30-27 with 9 1/2 minutes remaining. Safety Eric Murray missed a tackle that would have stopped him near midfield. It was the last of three big passing plays the Titans had Sunday. Nick Westbrook-Ikhine got in front of the defense and was wide open for a 38-yard TD catch that made it 10-7 late in the first quarter. Calvin Ridley had a 63-yard reception that set up their next touchdown in the second. “It was just way too many negative plays,” Ryans said. “Defensively, unexplainable explosives for touchdowns. We didn’t play good across the board and that starts with me.” Despite this, the Texans (7-5) had a chance to tie it with less than two minutes remaining, but Fairbairn’s short field-goal attempt sailed wide left. He fell to the ground after the miss before getting up and slamming his helmet on the field. “The most frustrating part about it is out of all the bad things that happened, we still had a chance to finish the game,” Ryans said. “Everything that could go wrong, it went wrong. We still had a chance there to tie it up and finish the game, and we didn’t.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. The Texans forced a three-and-out, but couldn’t move the ball after that and Harold Landry sacked Stroud in the end zone for a safety to make it 32-27 and allow Tennessee to snap a two-game skid. Stroud threw for 247 yards and two touchdowns, but his two interceptions Sunday give him five combined in the past three games. He now has more interceptions in 12 games this season (nine) than he had in 15 games as a rookie last season (five). “It’s no secret that I haven’t been playing well ... I’ve got to be harder on myself,” he said. “I’m not going to hold my head down. I know I can be a great player, but I’ve got to make better plays.” ___ AP NFL: https://apnews.com/hub/nfl Advertisement Advertisement'We can take a lot of confidence from that' - McKenna on 1-0 loss at Arsenal
FORT MYERS, Fla. (AP) — Zavian McLean scored 18 points to lead FGCU and Michael Duax secured the victory with a free throw with 21 seconds left as the Eagles defeated Florida International 60-59 on Sunday. McLean shot 7 for 12, including 2 for 5 from beyond the arc for the Eagles (2-5). Rahmir Barno scored 11 points and added five assists and three steals. Jevin Muniz shot 2 of 7 from the field and 5 for 5 from the line to finish with nine points. Jayden Brewer finished with 18 points and eight rebounds for the Panthers (2-5). Jonathan Aybar added 12 points for Florida International. Dashon Gittens also had seven points and eight rebounds. McLean scored 14 points in the first half and FGCU went into the break trailing 30-29. Barno scored a team-high nine points for FGCU in the second half. FGCU outscored Florida International by two points over the final half. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .A Unique Pastorela.