Recently, the trading volumes of quantum computing companies Quantum Computing and Rigetti Computing, financial technology and defense company Nukkleus Inc., and voice recognition and artificial intelligence company SoundHound AI have surged, totaling nearly $10 billion and surpassing the performance of 476 stocks in the S&P 500 index. Investors have shown strong interest in these high-volatility, speculative companies, which, despite having low revenues or profits, possess significant growth potential.

Nukkleus Inc. saw its stock price soar over 700% after announcing a strategic acquisition to shift towards the defense sector. According to FactSet data, the company's trading volume exceeded $2 billion, while its market capitalization was only $40 million, indicating that the trading volume surpassed its market value by over 5000% on that day. Specifically, the trading volume for Quantum Computing accounted for 164% of its market capitalization, Rigetti Computing for 94%, and SoundHound AI for 26%. In comparison, the average trading volume for S&P 500 constituents is $818 million, representing 0.89% of their market value.

Analysts point out that since Alphabet, Google's parent company, announced significant advancements in quantum computing on December 9, quantum computing has become the new favorite among traders. Smaller quantum computing companies like Rigetti Computing and Quantum Computing have seen their stock prices surge significantly since the beginning of the year, with Rigetti Computing rising over 1000%. Moreover, Rigetti Computing has successfully collaborated with companies like NVIDIA to use artificial intelligence for calibrating quantum computers, a breakthrough that may accelerate the adoption of quantum computing technology. Meanwhile, Quantum Computing has secured a contract with NASA to handle interference imaging data.

（Source: uSMART HK）

How to Trade on uSMART

After logging into the uSMART HK APP, click on the search icon at the top right of the screen. Enter the stock code, such as "RGTI.US" to access detailed information, trading history, and trends. Click the “Trade” button at the bottom right, select the “Buy/Sell” function, and submit your order after filling in the transaction conditions.

（Source: uSMART HK）