Quantum Computing Stocks Are Surging but Short-Seller Andrew Left Is Still Betting Against Them
5 Articles
5 Articles
Quantum computing stocks are surging but short-seller Andrew Left is still betting against them
Citron Research founder and CEO Andrew LeftBRENDAN MCDERMID/ReutersAndrew Left is known for his bets against some of the market's hottest stocks.His shorts include Palantir, but he's also placed bets against some top quantum stocks.The famed short-seller told Business Insider why he's bearish on Rigetti Computing and D-Wave.Short seller Andrew Left isn't shy about publicizing his bearish bets against the hottest stocks. Known as one of the more …
Why This Famous Short-Seller Is Betting Against the Quantum Hype Train
Remember Andrew Left? The guy who made GameStop bros cry back in 2021? Well, he’s back with another hot take, and this time he’s got quantum computing stocks in his crosshairs. While everyone’s losing their minds over quantum stocks (Rigetti Computing up 78%, D-Wave Quantum up 214% this year), Left is over here placing bets that these rockets are about to crash back to Earth. And honestly? His reasoning might make you think twice before FOMOing …
Rigetti CEO: Quantum Computing, AI Key To Future Growth
Rigetti Computing’s CEO believes advancements in quantum computing and artificial intelligence are driving current investor enthusiasm, with the company targeting quantum advantage within three to five years. Kulkarni emphasizes a long-term focus on technological development, despite market volatility and current lack of substantial revenue.
Is quantum computing the next AI?
Zoe Kleinman, a Technology editor at the BBC, demystifies quantum computing and evaluates whether it has the potential to become the next big technology trend. Quantum mechanics – a strange and partly theoretical branch of physics – involves tiny particles behaving in weird ways. This odd activity has opened up the potential of a whole new world of scientific super power. Its mind-boggling complexity is probably a factor in why quantum has ende…
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- 100% of the sources lean Left
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