Shares of quantum computing company IonQ ( IONQ 5.48%) raced higher this week. The stock was up by 28.5% as of Friday morning, according to data provided by S&P Global Market Intelligence.

In a highly speculative quantum computing market, it is judicious for investors to take a wait-and-watch approach before investing in Rigetti and IonQ stocks.

For the last few months, a technology known as quantum computing has started receiving a lot of attention. As is often the case when new subject matter enters the spotlight, people try to figure out how to invest in this technology,

CEO Subodh Kulkarni had a message for investors. “It’s still not the time to talk about sales and sales growth because we are still very much in the technology development mode,” he told Yahoo. “We have to get the technology perfected before we can start seeing real material

The explosive move in Rigetti Computing's (RGTI) stock has its CEO cautioning investors that it will take time for the company to post sustainable sales growth and profits. "Particularly because of the hype that is going on in the quantum computing space and some erroneous statements are being made,

This is what's happening on Wednesday, as quantum computing investors cheer some kind words from Microsoft's strategic missions and technologies chief, Mitra Azizirad, who last night urged quantum investors to get ready, because "we are right on the cusp of seeing quantum computers solve meaningful problems and capture new business value."