NVDA
NVIDIA
-- 131.760 TSLA
Tesla
-- 396.360 RGTI
Rigetti Computing
-- 8.9500 AMD
Advanced Micro Devices
-- 116.090 PLTR
Palantir
-- 65.910 
Google's Quantum Chip Might Have Contacted Parallel Universes | Live Stock
Happy Tuesday, December 10th. The market climbed Tuesday, a medium week for earnings that turned into a massive week for quantum computing after Google announced its Willow Chip cracked a baseline test that would have taken the world's other fastest computers longer than the age of the lifespan universe.
$Alphabet-A (GOOGL.US)$ said their finding might reflect the existence of parallel universes. Both share classes of its stock climbed 5% on the news, leading percentage gainers on the S&P 500.
$Boeing (BA.US)$ stock climbed 4%, leading percentage gainers on the Dow after a report from Reuters that the firm had restarted its 737 MAX jetliner production last week, about a month after the end of a seven-week strike by its factory workers.
$GameStop (GME.US)$ stock did not move much Tuesday, but the once #1 meme stock was set to report earnings Tuesday night, estimated at a loss of 3C /share, on revenue of $887M.
Within industries tracked by moomoo, quantum computing firms tracked by moomoo were climbing 4.8% as a whole on the news of Googles sucess.
Google received congratulations and celebrations for its WIllow achievement from AI leaders like Sam Altman from OpenAI. The firm said a release passed a baseline check for quantum computing, which Google invented.
"It checks whether a quantum computer is doing something that couldn’t be done on a classical computer. It performed a computation in under five minutes that would take one of today’s fastest supercomputers 10^25, 10 septillion years," the firm said. "It lends credence to the notion that quantum computation occurs in many parallel universes, in line with the idea that we live in a multiverse, a prediction first made by David Deutsch."
Elsewhere in the economy, $Crude Oil Futures(MAR5) (CLmain.US)$ it remained at $69. Gold and silver climbed, and treasuries climbed. $Bitcoin (BTC.CC)$ hovered at $96k.
Overall, the market climbed just slightly on Tuesday.
Just past 10:30 am ET the $S&P 500 Index (.SPX.US)$ traded +0.10%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.10%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.43%.
Tuesday, Nonfarm Productivity came in right as expected, at 2.2% from the Bureau of Labor Statistics. It has been positive since 2023.
Yesterday, users were cautiously watching Chinese stocks climb after a monetary policy meeting from Politburo said that things would be better next year- users were not convinced. Today, HK tech stocks fell back after 10-20% jumps on Monday.
Traders, what do you think? What you watching on the stock market today? What is the herd following? Let me know in the comments below!
Want to keep up to date with the market and all its feelings-driven swings, all in under three minutes? Click here to follow the Live Stock Podcast topic. Comment below or in the hot topic for a chance to appear on the podcast! I want to talk about what you are investing in!
Disclaimer: This content is for informational use only and is not a recommendation or endorsement of any particular investment or strategy. Indexes are unmanaged and cannot be directly invested into. Investing involves risk and the potential to lose principal. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances, before making any investment decisions. Past performance does not indicate or guarantee future success. Moomoo makes no representation or warranty as to its adequacy, or timeliness for any particular purpose of the above content. The data and information provided has been obtained from sources considered to be reliable, but moomoo does not guarantee that the foregoing material is accurate or complete. See the link in the Moovers Community post for more information.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Kevin Travers
Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office.
Fmr CNBC contributor, reporter/investor/trader
Posts do not represent mm
7768
Followers
650
Following
20K
Visitors
Follow
Discussing
Trump 2.0 countdown: What's the next big opportunity in the markets?
🎙️️ Discussion: 1. Could Trump's cryptocurrency policies potentially benefit the crypto market? 2. Might his tariff policies have a positiv
Popular on moomoo
Jan 13 17:43
Trump 2.0 Opportunity Preview: Guess the market winner before the president takes office!
tian liang : It's up to you to talk nonsense.
74057262 : fkn bs quantum chip
Kevin Travers OP 74057262 : You dont believe in their quantum chip?
Kevin Travers OP tian liang : it's up to you to listen to it
74057262 Kevin Travers OP : Normal PC makes 0 mistakes, make a mistake and PC crashes. This quantum chip was designed just to beat this benchmark, still making tons of mistakes, not useful in practical applications at all. The ideas have existed for the same amount of time, standard has advanced enormously during the same period, quantum is still doing random number generators.
Alex Ponomarenko : How about MAGS and Meta?
warmhearted Puppy_93 : Great job with your post and I am following you, will be waiting for the next ONE.
71304652 : That's why STEM education so important.
JiandeYu : bro needs to understand basic quantum mechanics before writing this kind piece...
Money Thrill : i see you in parallel Universe or perhaps in Paris, France![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
View more comments...