VIX is currently in an upward channel driven by geopolitical conflicts (analysts warn of 40+), the US dollar is weakening, and the 10-year Treasury yield has just surged to 4.35% – with these three signals combined, highly speculative targets with high P/E and P/S ratios simply can't hold up. This wave of correction in quantum stocks is not surprising:

$IonQ(IONQ.US) reported a latest quarterly loss of $1.7 billion, with revenue only at $50 million; its P/S ratio was already ridiculously high.$D-Wave Quantum(QBTS.US) $D-Wave Quantum(QBTS.US) These two are even more story stocks driven by expectations, and the CEOs and executives have already started selling.$Magnificent Seven ETF - Roundhill(MAGS.US) moves in tandem with big tech, offering relatively more fundamental support, but under the dual pressures of high interest rates and an AI pullback, it can't possibly remain unscathed.