Microsoft's launch of the Majorana chip is noted as part of a broader trend of significant investment in quantum technology by major companies.
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11 Stocks Benjamin Franklin Would Buy Today
The creator discusses 11 stocks that Benjamin Franklin might buy today, based on his principles of entrepreneurship, invention, and long-term growth. The stocks span sectors like shipping, photonics, quantum computing, financial software, infrastructure, and space exploration, with a focus on companies that reflect Franklin's innovative and forward-thinking approach.
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Amazon is highlighted for launching the Ocelot chip, contributing to the significant investment and focus in quantum technology.
Google is mentioned for launching the Willow chip, indicating investment and focus in quantum technology, suggesting market uptrend potential.
QBTS is presented as a quantum computing company with significant upside potential, as it has pulled back from its highs and could double in value with further growth.
IonQ is highlighted as a quantum computing company with government and AWS contracts, potentially revolutionizing technology development and drug discovery, with a long-term growth outlook.
ASTS is a potentially interesting, though overvalued, company launching satellites for 5G cellular broadband, partnered with major tech firms.
Planet Labs is a similar space tech company to BlackSky, focusing on AI analysis of Earth data from satellites.
Rocket Lab is a top space tech company with a consistent uptrend, significant revenue growth, and targets suggesting 30-60% upside.
LITE is identified as a photonics company that Benjamin Franklin might consider, alongside others in the sector.
AAOI is a photonics company that has attracted investment from Nvidia and appears more appealing after recent market pullbacks.
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