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Analysts at Rosenblatt just initiated a buy rating on Quantum Computing (QUBT).
The firm noted the company “has legitimate quantum assets across photonics, compute, security and sensing as well as burgeoning thin film lithium niobate (TFLN) fabs that could supply both their and industry needs for integrated quantum photonics, nonlinear optics and optical waveguides,” as quoted by CNBC.
With quantum computing, we also have to remember that every few decades, a single innovation reshapes the global economy — from personal computers and the Internet to artificial intelligence. The next breakthrough? Quantum computing.
This powerful technology is set to revolutionize industries from healthcare and finance to cybersecurity and energy — solving problems that today’s fastest supercomputers can’t touch.
It could even be used to discover new drugs, quicker than even imagined. For example, according to ZDNet.com, the discovery of new drugs relies on molecular simulation, which is complex and time-consuming with all of the calculations needed.
“It’s expected that modeling a molecule with only 70 atoms would take a classical computer up to 13 billion years,” they added. Meanwhile, a quantum computer may be able to figure it all out in minutes.
Quantum computing may even be able to help advance artificial intelligence, machine learning, financial modeling, cybersecurity, batteries, and even help with the green energy boom.
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Analysts at Barclays have just upgraded Dell to an overweight rating, citing strength in Dell’s AI server orders, the stability of its AI operating markets, and expanding opportunities in enterprise server and storage. The firm maintained its price target of $148 a share.
“We are more positive on DELL given the strength in AI server orders, stability of AI op margins, expanding opportunities in enterprise server and storage, and DELL’s consistent disciplined opex management,” they added, as quoted by CNBC.
Futures are rocketing higher again.
S&O 500 futures are up about 0.5%. The SPDR S&P 500 ETF (SPY) is up about the same. Dow futures are down slightly, as the tech-heavy Nasdaq pops more than 1% higher.
The AI Boom is Still Alive and Well
Helping, the AI boom is still alive and well, with Taiwan Semiconductor (NYSE: TSMC) posting another blowout quarter driven by AI chip demand. Revenue of 1.046 trillion new Taiwan dollars ($33.73 billion) was better than the NT$1.034 trillion expected. Net income of NT$505.74 billion was also better than the NT$478.37 billion expected.
This is now TSMC’s eighth consecutive quarter of year over year profit growth.
TSMC said that revenue for the current quarter should range from $34.6 billion to $35.8 billion, up 4% sequentially, or up 38% year-over-year at the midpoint.
“The demand for AI remains very strong, driving overall chip demand across the entire server industry,” Counterpoint Research senior analyst Jake Lai told CNBC, predicting that 2026 will be another “breakout year” for AI server demand.
“With TSMC’s ongoing 2nm capacity expansion and new production contributing to revenue, along with continuous expansion of advanced packaging… TSMC is expected to maintain strong performance in 2026,” he added.
Analysts Still Bullish on Nvidia
Analysts at RBC just initiated coverage of Nvidia (NASDAQ: NVDA) with an outperform rating and a $240 price target. The firm cited NVDA’s $500 billion+ backlog, inferencing demand, and surging enterprise demand as reasons for further growth.
Analysts at Rothschild Redburn reiterated a buy rating on NVDA with a price target of $268. The firm believes NVDA will remain a positive outlier with regard to size, growth, and profitability. They also believe its moat will continue to become even stronger than expected.
DraftKings Upgraded Ahead of Super Bowl
Shares of DraftKings (NASDAQ: DKNG) were upgraded to overweight from equal weight by Wells Fargo.
“As we launched coverage on the group, we wanted to be more constructive on DKNG, but also wanted to see the company meet/exceed on EBITDA. Our analysis of state-level data on Handle, Hold, and Promo levels suggests that time has come,” as quoted by CNBC.
Remember, Americans love to bet on sports.
Look at the Super Bowl, for example.
As we’ve mentioned before, according to the American Gaming Association, $7.61 billion was bet on the Super Bowl in 2021. In 2022, the AGA estimated that more than $8 billion would be wagered. By 2023, $16 billion was wagered. In 2024, about $23.1 billion. In 2025, nearly $30 billion. With the 2026 Super Bowl set for early February, we expect to see another big year.
So, it comes as no real surprise that they have such an impact on sports betting stocks, like DKNG.
DraftKings stock saw a bump ahead of the Super Bowl over the last few years. In 2024, DKNG ran from a January low of about $32 to a high of $45.62 after the game. In early January 2025, DKNG ran from about $17.60 to $20.88.
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