IonQ Jumps On Amazon News, But Can It Defy Quantum Bearish Trend?

Benzinga
2025.04.01 17:19
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IonQ's stock surged over 11% following a partnership with Amazon, making its IonQ Forte Enterprise available globally via Amazon Braket. Despite this milestone, the stock remains down over 40% year-to-date, and technical indicators show a bearish trend. The stock is below key moving averages, with MACD and RSI suggesting weakness. While the Amazon deal offers potential for growth in various industries, investors remain cautious, awaiting proof of sustained revenue growth to break the bearish cycle.