$D-Wave Quantum(QBTS.US) rose about seven points, $MANYCORE TECH(00068.HK) and $Tema Space Innovators ETF(NASA.US) both rose five or six points, $Destiny Tech100(DXYZ.US) saw a small gain.
The common thread among quantum computing, space design software, space infrastructure, and private tech exposure is that revenue realization is still far off; prices are sustained entirely by narratives 😸
These assets have high elasticity during windows of loose liquidity. The 50-day moving average of $Destiny Tech100(DXYZ.US) just crossed below its 200-day moving average, making it the one lagging behind the sentiment among the four.
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