- First Solar, Inc.’s FSLR shares jumped 9.7% on the U.S. Treasury Department's unveiling of new and less restrictive than expected federal tax subsidy rules for solar and wind projects.
- Shares of Meta Platforms, Inc. META slid 2.3% as the company revealed it plans to price its upcoming display-equipped smart glasses lower than anticipated.
- Intel Corporation’s INTC shares fell 3.7% after reports that the U.S. government may convert $10.9 billion in Chips Act grants into a 10% equity stake, sparking dilution concerns.
- Shares of Electronic Arts Inc. EA fell 3.2% on the communication services sector losing out in the day.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
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See Top Quantum Stocks Now >>Intel Corporation (INTC) : Free Stock Analysis Report
First Solar, Inc. (FSLR) : Free Stock Analysis Report
Electronic Arts Inc. (EA) : Free Stock Analysis Report
Meta Platforms, Inc. (META) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
