Shares of quantum computing companies were a rare bright spot amid a tumultuous market Tuesday, surging after President Trump signed two executive orders aimed at maintaining U.S. dominance in the emerging technology.
While the broader market slumped Tuesday, with investor jitters on AI and tech pushing the tech-heavy Nasdaq down 2.2% and the S&P 500 down more than 1.4%, quantum computing companies saw their shares surge as of market close Tuesday.