Daily Archives: January 21, 2024

Have you ever wondered about the future of computers? Imagine a world where computers are like super wizards, solving puzzles and mysteries faster than ever before.

Thats what quantum computing is all about! Its a fascinating journey into a world where computers work in ways that are almost like magic. Lets dive into this adventure and discover what makes quantum computers so special and so cool.

Whats So Special About Quantum Computers?

Quantum computers dont use regular bits like the computer at your home; they use something called qubits. Imagine a coin that can spin and land both heads and tails at the same time. Thats kind of like a qubit! This makes the computer really smart and fast.

Quantum Entanglement: Super Teamwork!

In quantum computing, theres this awesome thing called entanglement. Its as if you had a pair of magic walkie-talkies; whatever you say into one, the other one hears instantly, even if its really far away. This helps quantum computers solve problems super quickly.

Quantum Gates: The Computers Magic Spells

Quantum gates in these computers are like magic spells. They give special instructions to qubits, telling them how to work together to find answers. Its like having a secret code that can unlock any door!

Amazing Quantum Algorithms: Super Formulas!

Quantum computers use really smart formulas called algorithms. These algorithms can do things like protect the internet so your information is safe and find stuff really quickly, much quicker than your computer at home or school.

Quantum Computers Today: Theyre Like Science Fiction!

Right now, big companies are making the first quantum computers. They have to keep them very cold, colder than the North Pole, so they work right. Its like having a piece of space right here on Earth!

Quantum Supremacy: A Big Win!

In 2019, Googles quantum computer did something nobody had ever seen before. It solved a problem faster than the biggest and fastest regular computer. Thats like being able to fly when everyone else is walking!

Challenges for Quantum Computers: Getting Better Every Day

Quantum computers are still learning to be the best they can be. They need to learn how to work without making mistakes, and how to work in warmer places, not just super cold ones. Scientists are working really hard to teach them these things.

Conclusion

Quantum computing is a really exciting adventure. Its like a new world where computers can do things we never thought possible.

Its still growing and getting better, and one day, it might help us do amazing things like curing sicknesses or making our planet cleaner. Its not just something for tomorrow; its happening right now, and its super cool!

A Fun Question for You!

If you had your own quantum computer, what big problem would you want to solve with it? Would you want it to help make the world cleaner, or maybe find new planets? Share your awesome ideas with us, we cant wait to hear them!

If you are looking to explore coding classes for your kids or students, lets chat at connect@childrenwhocode.com

You can also join and become part of our Discord community via this link https://discord.gg/tcve3b2XCf

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Childrenwhocode| Unraveling the Mysteries of Quantum Computing: A Kid's Guide - Medium

The U.S. economy is poised for a potential fiscal boost with a proposed $70 billion tax deal, currently under negotiation in Congress. If approved, the deal includes renewing expired business tax breaks and increasing the child tax credit, but it faces challenges in a divided Congress. While the extra cash could stimulate consumer spending, concerns about potential inflationary pressures complicate the Federal Reserves ability to lower interest rates. This positivity means that innovation will continue to rage on in 2024, and as a result, you should buy these three quantum computing stocks.

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Honeywell International Inc (NASDAQ:HON) is an American conglomerate corporation with operations in technologies, aerospace, building automation, and performance materials. It is valued at an impressive $201.10.

Financially, HON is thriving demonstrated by its EBIT Margin of 20.71% which is 111.08% more than the sector median. Cash From Operations is also a colossal 1,513.77% more than the sector median and Cash Per Share is 459.02% more. Working Capital Growth (YoY) is 844.66% more than the sector average and PEG GAAP is 846.67%. These financials truly exhibit how well-rounded HON is.

As of January 12, Honeywell and NXP have signed a deal to build next-gen automation with AI, and HON is also furthering its quantum tech solutions. NXPs superior tools will allow the AI to adapt, observe, and learn in real-time and is expected to be a major step in the AI breakthrough. And Honeywells quantum tech will help propel this chip technology to the next level. This new deal indicates that Honeywell is on the cutting edge. As it continues experimenting with AI its financials will only rise more.

Due to this partnership deal and financials, I give Honeywell a Buy rating, and strongly recommend it to anyone trying to diversify their portfolio with a quantum computing stock.

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Alphabet Inc. (NASDAQ:GOOGL) is an American multinational tech company that is the parent company of Google, Nest, YouTube, Waze, and Fitbit to name a few.

GOOGLs stock is up 1.15% YTD at $142.54 and is covered by 50 analysts. These analysts are predicting a 12-month price forecast with a median-high price of $155.50-$180.00 representing increases of nearly 9.1% and 26.3% respectively.

From 2022-2023, Alphabets market cap grew by 53.43% from $1.145 trillion to $1.756 trillion. Revenue also grew by 5.05% and earnings by 9.9%. The P/S ratio also grew by 37.75% in the same time frame. EBITDA Growth was 196.44% more than the sector median and EPS FWD Long Term Growth (3-5Y CAGR) was 88.85% more.

In the past year, GOOGL has expanded its Google Cloud to locations like Greece, Mexico, Sweden, and Saudi Arabia which has given its stock a massive boost. As it continues to expand, a similar trend should follow. In addition, Alphabet recently released a foldable phone, causing shockwaves throughout the industry. Product innovation, especially, within quantum computing, will only propel them forward and allow them to continue pioneering in the tech world.

Due to GOOGLs expansion, innovation, and rising financials, I give it a Buy rating and expect it to rise shortly.

Source: IgorGolovniov / Shutterstock.com

Splunk Inc (NASDAQ:SPLK) is an American software company, that produces an operating system to analyze, search, and monitor data. It is valued at $152.72 up 71.85% from last year.

Financially, Splunk has shown improvement in most if not all metrics. Revenue Growth (YoY) was 20.49%, nearly 227.30% more than the sector median of 6.26%. Gross Profit Margin grew to 79.07% which was 60.04% than the sector median, and Levered FCF Margin was 191.70% more than the sector average. EV / EBIT was also 833.86% more than the sector median, all indicating the well-roundedness of SPLK financials.

Spunks new edge processor is expected to be revolutionary for the industry. RawHEC Support allows data to be received in a simpler format thus making it easier for information to be transferred to Splunk from 3rd party systems. In addition, the edge processor allows Lookups, allowing details to be added to data before it is officially saved.

As Splunk continues innovating, its strong financials will become even stronger. With its positive outlook, I give it a Buy rating.

On the date of publication, Michael Que did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

The researchers contributing to this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article

Michael Que is a financial writer with extensive experience in the technology industry, with his work featured on Seeking Alpha, Benzinga and MSN Money. He is the owner of Que Capital, a research firm that combines fundamental analysis with ESG factors to pick the best sustainable long-term investments.

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Quantum Computing Quest: 3 Stocks on the Cutting Edge - InvestorPlace

Starting with quantum computing firstly talking about, What is quantum? In easy words a quantum is the smallest discrete of a phenomenon, for example a light has a quantum named photon and electricity has a quantum named electron. That smallest unit by which the any phenomenon starts to occur that is what a quantum means but what does quantum computing means?

Till now we are using digital computers and supercomputers, if you have knowledge about computers you will know how they work and what function they have, either if you dont know in simple words its in your hand your mobile phone that is a computer in which today you are doing a lot of things like playing games, listening songs, using internet that are all functions of a computer. Taking deep inside all computers have chips in it, we all know that how the computer world has changed firstly when computers were made they were so big, pulleys, big machines are needed to operate them but as time changes we came to digital computers where screen has been built, we can see our work on screen, after that those chips became microchips things which was on the table start coming into our pockets the mobile phones nowadays many works which we cant do on laptops or computers we can do them in our mobile phones. But what is this end? Nothing can be done? Ohhhh come on, we have lot of things running in our minds, The example is Richard Feynmann who thought about the quantum computers first who proposed that we can have much larger data than we have today which cant be stored on supercomputers but if we try to compute ourselves on atoms, can you think an atom????? Isnt is too small?? But we are doing it today not completely but somehow. Just think todays world is on sillicon a semiconductor which is way too small but an atom?? There is no comparison in size right? Still a question, What is quantum computing and quantum computer?

Basically, if we talk about the figure thats so complicated thats not a whole quantum computer its just a chip, we are talking about on this all the actions will be performed or activities will be done like in todays world which are done on silicon as a semiconductor. There can be many applications many of them are unknown but those which are knowns are pharmaceuticals, making of drugs, cybersecurity and many more.

A supercomputer which performs on bits which are 0 and 1, which means it is on a binary perform. In our systems all the keys and the command which we give to the computer are in terms of a bit like the alphabet a has a bit 01000001 like this all alphabets and numbers have bits from which a computer understand our command or in easier way its a translator between us and computers but they are only two values or I can say it is up to a limit that it can be either 0 or 1 means it has limitations but if we talk about quantum computers it performs on qubits, till now we are having a value either 0 or 1 but in a qubit it can have both values at the same time, how?? Here comes a new term superposition, superposition of both the values 0 and 1 means at the same time a qubit can have both the values in superposition if we try to right it in a wave function way it will be

It means that till now we were restricted that we can get only one output but now we can get multiple outputs at a same time, isnt this cool? I will write an article on comparison of bits and qubit but till now we have to understand that a qubit can have many values at single time.

Lets understand qubit through an example, suppose we have 4 bits (0110) it can make total of 16 combinations, if we talk about normal computers it will use only one combination at a time but if we talk about a quantum computer its qubit will give all the 16 combinations at the same and we can take any of the desired result, conclusion is it is a game of probability and yes quantum relates with this.

A one qubit can give information of two events at the time, two qubits can give information of four, three of eight they are increasing exponentially so approx. millions of qubits which is not a big number can give information of whole universe?? The answer is yes. Till now worlds largest qubits quantum computer is made by IBM.

All these super advanced functions if to be done there will lot of heat will be released which can burn the system and on normal temperatures a quantum will not work so a temperature of absolute zero which is 0k is required to operate which is not easy but has been done by our laboratories where the work on quantum computers are done, for us to use it till now it is not possible because maintaining that temperature around is not feasible so we can use it on clouds only on the site of IBM you can use the quantum computing on qiskit which is an IDLE for qubits where programs run. Google is also making quantum computers in which Sundar Pichai, CEO of Google had stated than on next 5 to 10 years quantum computers will give a revolution on the whole world whereas in India there is no work started on development of quantum computers. Due to a large amount of heat released it is impossible to run a quantum computer at a normal temperature it can only be done at absolute zero.

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Quantum Computing: an Introduction - TimesTech

A revolutionary study has recently been published in Science Advances, shedding light on a significant breakthrough in the realm of quantum computing and sensing technologies. The study reports the achievement of quantum coherence at room temperature, a critical milestone that could steer the future of quantum technology toward more practical and efficient applications.

Quantum coherence is a unique phenomenon in quantum physics, where all the quantum states of a system evolve in unison. This characteristic is fundamental for quantum computing, as it underpins the power of quantum bits or qubits, the fundamental units of quantum information. However, achieving and maintaining quantum coherence has been a challenging task, especially under room temperature conditions, until now.

Researchers have pioneered an innovative technique that allows quantum coherence to be maintained at room temperature. This was achieved by embedding a chromophore in a metal-organic framework, a method that has shown promising results in stabilizing qubits at room temperature. This groundbreaking technique paves the way for the development of room-temperature molecular quantum computing and quantum sensing of various target compounds.

This achievement has a wide array of implications for the development of practical and efficient quantum devices. Quantum computers, for instance, have the potential to perform calculations at a speed that is exponentially faster than traditional computers. Achieving quantum coherence at room temperature could significantly reduce the complexity and cost associated with cooling systems, which are currently necessary to maintain quantum coherence in quantum computers.

Another promising application of this breakthrough lies in the domain of quantum sensing. Quantum sensors leverage quantum coherence to measure physical quantities with unparalleled precision. The ability to maintain quantum coherence at room temperature could dramatically enhance the sensitivity and selectivity of quantum sensors, enabling the detection of various target compounds that were previously challenging to identify.

This breakthrough is a giant leap forward in making quantum technologies more practical and accessible for real-world applications. With further research and development, we could soon see the advent of room-temperature quantum computers and quantum sensors, revolutionizing sectors from healthcare to telecommunications, and beyond. The quantum technology landscape is ripe with potential, and this breakthrough is a significant stride toward harnessing it.

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Revolutionary Study on Room-Temperature Quantum Coherence in Science Advances - Medriva

Unhackable Transactions on Quantum Internet

Recently, a significant milestone in secure online transactions was achieved the first unhackable shopping transactions have been carried out on the quantum internet. This development is a testament to the power and potential of quantum technology in providing unprecedented levels of security and privacy. The quantum internet, with its revolutionary capabilities, has the potential to overhaul online commerce by providing a level of security that was previously unattainable. This groundbreaking achievement has the potential to redefine the future of online shopping and financial transactions.

According to a report from New Scientist, a secure exchange between a merchant and a buyer has been successfully tested as a proof of concept using a small quantum computing network in China. The researchers responsible for this breakthrough, Hua-Lei Yin at Renmin University of China along with his colleague, have demonstrated a proof of concept for secure quantum e-commerce. They built a small network from five quantum computers connected with several kilometers of fiber.

The success of this proof of concept signifies the potential of a network of quantum computers enabling the creation of a more secure quantum internet. Quantum technology leverages the principles of quantum mechanics to ensure the highest level of security during data transmission. Any attempt to intercept or tamper with the data alters its state, thus alerting the intended recipient of a potential breach. This provides a level of privacy and security that is unmatched by traditional internet technology.

The advent of the quantum internet could revolutionize the way we conduct online transactions. Currently, online shoppers and merchants are at constant risk of data breaches and cyber theft. Traditional security measures are increasingly unable to withstand sophisticated cyber-attacks, resulting in significant financial and personal data loss. However, with the quantum internet, shoppers and merchants can enjoy a secure environment for online transactions, free from the fear of hacks and breaches.

While the quantum internet is still in its early stages of development, its potential to transform the future of online shopping and financial transactions is undeniable. The first unhackable shopping transactions on the quantum internet mark a significant milestone in the journey towards a more secure digital economy. As quantum technology continues to evolve and becomes more accessible, we can expect a seismic shift in the way we conduct online transactions, ensuring unprecedented levels of security, privacy, and trust.

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Unhackable Transactions on Quantum Internet - A Milestone in Secure Online Transactions - Medriva