BREAKING: IonQ, Rigetti, D-Wave Plunge - Quantum Computing Leadership Shifts to Big Tech

Quantum computing stocks just hit a quantum decoherence event.

The Sudden Collapse

IonQ, Rigetti, and D-Wave shares evaporated faster than a qubit losing its superposition. What looked like the future of computing suddenly turned into a harsh lesson in market physics.

Big Tech Takes Control

While the pure-play quantum companies tumble, tech giants are quietly consolidating the real value. They've got the cash, the talent, and the infrastructure to wait out this volatility. Meanwhile, retail investors are left holding the quantum bag.

Market Reality Check

Another day, another 'disruptive technology' proving that in finance, the house always wins. The quantum revolution might be coming, but your portfolio doesn't have to collapse waiting for it.

Image source: Getty Images.

William Blair published new coverage on USA Rare Earth stock before the market opened today, issuing an outperform rating on the stock. While the investment firm did not offer a price target on the stock, it did initiate coverage on USA Rare Earth with clearly bullish position. William Blair thinks the company's status as an integrated provider of rare-earth research services, extraction, and magnet manufacturing, and its stake in the Round Top mine, will help the company deliver wins for investors. The firm's analysts also think that the U.S. government could take a stake in USA Rare Earth.

Is USA Rare Earth stock a buy right now?

As of this writing, USA Rare Earth stock has surged 177.5% higher across 2025's trading. The gains have pushed the company's market capitalization to $3.6 billion. With the business still in a pre-revenue state, that means that USA Rare Earth stock comes with a high degree of risk.

On the other hand, it seems very likely that the U.S. will help moves to support domestic rare-earth mineral sourcing capabilities. So while USA Rare Earth stock remains a speculative growth bet, the stock could be a sensible portfolio addition for growth-oriented investors seeking investment plays that could benefit from shifting developments in crucial minerals markets.