Login

r/QuantumEconomy

▲ 162 r/QuantumEconomy+5 crossposts

Energy Department Announces Initiative to Create and Deploy the World’s First Scientifically Relevant, Fault-Tolerant Quantum Computers

energy.gov
u/donutloop — 7 days ago
▲ 146 r/QuantumEconomy+88 crossposts

Most people who followed $CYDY remember March 30, 2021. The FDA publicly stated that CytoDyn's claims about leronlimab were "misleading and not supported by the data", no benefit was shown in COVID-19 treatment trials. The stock dropped 25%+ that day.

What happened afterward was a class action lawsuit covering investors who held $CYDY between March 27, 2020 and March 30, 2022.

A $500,000 settlement has been reached and terms are now submitted to the court for approval.

Who qualifies?

Anyone who held $CYDY during the class period and suffered losses from the alleged misrepresentations about leronlimab's effectiveness for HIV and COVID-19.

Can I still apply?

Yes, you can submit your application now and it will be processed once claims filing officially opens after court approval.

If you were damaged by this don't forget to check your eligibility. GL!

u/JuniorCharge4571 — 10 days ago
▲ 11 r/QuantumEconomy

Michael Burry, the investor famous for predicting 51 of the last 2 U.S. stock market crashes, revealed that he has opened short positions on NVIDIA, Tesla, Applied Materials, and Caterpillar

u/Legitimate_Towel_919 — 6 days ago
▲ 19 r/QuantumEconomy+1 crossposts

IBM Nighthawk Processor Validated in Quantum Chromodynamics and Cybersecurity Benchmarks

Independent researchers from the IBM Quantum Network have published two separate technical studies validating real-world applications on the IBM Nighthawk quantum processor framework
https://quantumcomputingreport.com/ibm-nighthawk-processor-validated-in-quantum-chromodynamics-and-cybersecurity-benchmarks/?_bhlid=413d3f49405e4049b2925aeeaa429fba6b959613

u/CoherentSystems — 6 days ago
▲ 94 r/QuantumEconomy+2 crossposts

IonQ gets upgraded from Russell 2000 index to Russell 1000

Effective Friday, June 26th, IonQ was officially upgraded from the Russell 2000 to the Russell 1000 index as their market cap exceeded the Russell 2000 Index framework. They will join the Russell 1000 effective Monday, 29th 2026.

This has some major implications, as any institutions that follow the Russell 2000 have to sell their shares of IonQ, any institutions that follow the Russell 1000 have to buy IonQ shares on Monday.

Finally, this is huge news because the next step after the Russell 1000 is the S&P 500. This is obviously a long-term goal due to profitability requirements.

reddit.com
u/MickeyB223 — 9 days ago
▲ 26 r/QuantumEconomy+1 crossposts

Trump Sets 2031 Deadline for Post-Quantum Cryptography Transition

Donald Trump has signed two executive orders aimed at accelerating quantum technology development in the United States and preparing federal systems for future cryptographic threats. The orders require a transition to post-quantum cryptography by 2030 for key establishment systems and by 2031 for digital signatures. The move highlights growing concerns that advanced quantum computers could eventually challenge the security of current encryption standards, including those used across the crypto industry.

u/Legitimate_Towel_919 — 13 days ago