IBM, D-Wave, Rigetti, and Infleqtion led a quantum stocks rally after a $2 billion Commerce equity deal, as government funding and minority stakes buoyed investor optimism.

IBM, Quantum Peers Surge After $2B Commerce Equity Deal
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IBM, Quantum Peers Surge After $2B Commerce Equity Deal

The White House move to invest in quantum computing shook markets and sent a handful of specialist stocks sharply higher, as letters of intent with the Department of Commerce promised funding in exchange for minority ownership. Traders cheered the immediate price action for IBM, D-Wave, Rigetti, and Infleqtion, while the administration framed the program as...