Stocks of quantum computing-related sectors are soaring: What is behind the rise of D-Wave, Quantum Computing, and IonQ?

Quantum corp (QMCO.US)
Quantum Computing Inc (QUBT.US)
D Wave Quantum (QBTS.US)
Snowflake Inc class a (SNOW.US)
IonQ Inc (IONQ.US)

D-Wave Quantum Inc. (NYSE: QBTS), Quantum Computing Inc. (NYSE: QUBT), IonQ, Inc. (NYSE: IONQ) stock prices surged on Monday. Here's what you need to know.
Key point to note: Amazon Web Services has announced the Quantum Embark program based on Amazon Bracket.
This program consists of 3 services. Use Case Discovery helps customers identify potential business applications of quantum computing. Technical Enablement Workshops provide detailed knowledge and practical experience on quantum computing. Lastly, the Deep Dive program focuses on investigating specific quantum computing applications.
Following the announcement by Amazon Web Services, stock prices in the quantum industry may rise. This is because the expanded program helps companies understand how to address issues with quantum computing, potentially increasing demand for quantum solutions.
Last week, IonQ demonstrated a hybrid quantum computing workflow combining quantum hardware with NVIDIA Inc.'s (NASDAQ: NVDA) CUDA-Q platform. Additionally, various technology stocks across sectors rose following Snowflake Inc.'s (NYSE: SNOW) better-than-expected earnings for the third quarter of 2024.