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."

IonQ, Inc. (NYSE:IONQ) is a quantum computer producer that utilizes ion-trapping technology for the computer’s operations. This tech uses electromagnetic fields to control the movements of charged particles. This makes it more suitable for commercial applications as the tech requires less cooling and more stable qubit manipulation.

Canadian pension manager PSP just sold nearly 20 million shares of quantum-computing firm D-Wave. It plans to sell another 20 million.