The trading volume has skyrocketed, let's get to know the latest rising "four major meme stocks" in the US stock market
Yesterday, the total trading volume of quantum computing technology research and commercialization company Quantum Computing, Rigetti Computing, financial technology and defense company Nukkleus Inc., and voice recognition and artificial intelligence company SoundHound AI approached USD 10 billion, surpassing 476 constituent stocks in the S&P 500 index
Recently, in emerging markets, investors have shown a strong interest in companies that are more speculative, highly volatile, and full of hype—despite their low revenues or profits, they have significant upside potential.
Yesterday, the total trading volume of quantum computing technology research and commercialization company Quantum Computing, Rigetti Computing, financial technology and defense company Nukkleus Inc., and voice recognition and artificial intelligence company SoundHound AI approached $10 billion, surpassing 476 constituent stocks in the S&P 500 index.
After announcing a strategic acquisition that will shift the company towards the defense sector, Nukkleus Inc.'s stock price soared over 700%. According to FactSet data, the trading volume of the company's stock exceeded $2 billion yesterday, and given that the company's market capitalization is only $40 million, this means traders traded more than 5000% of the company's market value in a single day.
Yesterday, the trading volume of Quantum Computing accounted for approximately 164% of the company's market value, Rigetti Computing for 94%, and SoundHound AI for 26%.
In comparison, the average trading volume of S&P 500 constituent stocks is $818 million, accounting for 0.89% of their market value, with Tesla being the most active stock, with trading volume accounting for about 4% of its market value.
Analysts pointed out that since Google's parent company Alphabet announced a breakthrough in quantum computing on December 9, quantum computing has become the "new favorite" among traders. Smaller, pure quantum computing companies like Rigetti Computing and Quantum Computing have seen their stock prices soar this year, with Rigetti Computing rising over 1000%.
Reports indicate that Rigetti Computing has successfully collaborated with other companies such as NVIDIA to use artificial intelligence to calibrate quantum computers, which is a significant advancement that could drive the popularization of quantum computing technology. Meanwhile, Quantum Computing has secured a contract with NASA to handle interference imaging data