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Rigetti and QUBT have pulled back after a strong quarter, but Wall Street price targets still imply triple-digit upside as Q2 earnings approach.
Share declines for companies with an exclusive focus on quantum computing have been significant this year—D-Wave Quantum Inc. NYSE: QBTS has dropped a dismal 23% year-to-date (YTD), for instance, while even better-faring rivals like IonQ Inc. NYSE: IONQ are still down 5%. A perfect storm of threats from larger rivals (or up-and-coming new names), continued struggles with marketability and profit, and uneven revenue performance have prompted many companies in the space to slump.
The Commerce Department's $2 billion in planned CHIPS R&D funding for nine quantum companies, announced in May, gave the quantum computing trade something it lacked for a decade: a federal balance sheet behind it.
Anyone who bought IonQ (NYSE:IONQ | IONQ Price Prediction) bought a specific thesis: that trapped-ion architecture will win the race to commercial quantum computing.
President Trump's latest push into quantum computing is arriving at an interesting moment.
Both Defiance Quantum ETF (NYSEARCA:QTUM) and Invesco QQQ Trust (NASDAQ:QQQ) get pitched as ways to own the future of computing, but they are not interchangeable.
The first-ever autism ETF and the continued rise of quantum computing were both in the spotlight on this week's ETF Prime. Host Nate Geraci welcomed Sylvia Jablonski, chief investment officer of Defiance ETFs, to discuss the firm's latest launch and one of the market's top-performing funds.
MIAMI, June 09, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced the launch of the Defiance Long Pure Quantum ETF (Cboe BZX: QTUP) , an actively managed ETF that adds early stage quantum computing companies to the firm's quantum suite alongside its flagship Defiance Quantum ETF (QTUM) and the Defiance 2X Daily Long Pure Quantum ETF (QPUX). QTUM remains the cornerstone of Defiance's quantum lineup as a flagship fund with more than $6 billion in assets (as of June 2nd, 2026) that offers comprehensive, index-based exposure to the entire quantum computing and machine-learning ecosystem, including the established large-cap leaders that power it.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.