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Quartz Nvidia and quantum computers, Bitcoin seesaws, and the Trump trade: Markets news roundup

2025-01-11 | Category : General | Author: quantifya

Steve Sosnick, chief strategist of Interactive Brokers, breaks down Nvidia CEO Jensen Huang’s comments on quantum computing at CES 2025

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After Nvidia CEO’s quantum computing forecast, strategist says ‘good luck’ to investors

Steve Sosnick, Chief Strategist at Interactive Brokers (IBKR), spoke with Quartz for the latest installment of our “Smart Investing” video series.


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The Dow jumps 300 points as Nvidia and other AI stocks surge

The Dow regained momentum by mid-morning on Monday as AI stocks surged. Electronic giant Foxconn (HNHPF) reported record-breaking revenue for its fourth quarter, and the artificial intelligence boom continues into 2025.

Nvidia’s CEO says ‘useful’ quantum computers are decades away — and the stocks tank

Nvidia CEO Jensen Huang holds a Drive Thor processor during his keynote at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. -

Nvidia CEO Jensen Huang holds a Drive Thor processor during his keynote at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. -

Nvidia (NVDA) chief executive Jensen Huang doesn’t think useful quantum computers will be here anytime soon — and stocks are not reacting well to it.

Quantum computing stocks such as IonQ (IONQ) and Rigetti Computing (RGTI) fell by more than 40% Wednesday morning after Huang’s comments during Nvidia’s financial analyst day at the Consumer Electronics Show (CES).

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