Recently, U.S. quantum computing-related stocks have lost their upward trend and shifted to decline. With no clear rebound momentum across the sector, investor attention is focusing on earnings performance and progress in new technology and commercialization.

On the 10th (local time), most quantum computing-themed stocks closed lower in the New York stock market. IonQ, a leading player, closed at $42.86, down 4.26% from the previous trading day, failing to recover the $50 mark. Notably, IonQ has recorded weakness for eight consecutive trading days since June 30 (local time), extending its downward tunnel.

On the same day, D-Wave Quantum (-5.05%), Quantum Computing (-5.35%), Intellection (-4.93%), Rigetti Computing (-2.64%), and GenDoo Quantum Technologies (-0.88%) all declined together. Meanwhile, IQM Quantum Computers (+1.88%) and Qudrax Quantum (+0.62%) posted modest gains, but fell short of reversing the overall sector weakness.

The market analyzes that various recent issues, including the resurgence of geopolitical risks and inventory adjustments, have slowed the upward elasticity of quantum computing-related stocks. The prevailing view is that going forward, the earnings direction of major companies and catalysts related to technology development and commercialization should be assessed together.

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