Check out the companies making the biggest moves in midday trading: Quantum stocks — Shares of quantum computing companies soared following a Wall Street Journal report that the government plans to award $2 billion in grants to nine firms. The deal also included government equity stakes, the report said. Rigetti Computing jumped more than 30%, D-Wave Quantum surged 22%, and Quantum Computing rallied 13%. IonQ gained 9%, IBM rose 7% and GlobalFoundries added 11%. Rare earth stocks — Rare earth stocks extended their rebound from a sell-off tied to concerns around export restrictions in China. USA Rare Earth rose 7% after it announced $19.3 million in funding from the U.S. Department of Energy to support pilot-scale rare earth element separation development. Critical Metals rose 3% after it signed a 15-year offtake agreement with Greenland’s Tanbreez rare earth deposit. Bloom Energy — The energy company jumped more than 12% after it unveiled a partnership with Europe’s Nebius , an AI cloud provider seeking to overcome power constraints in the AI infrastructure buildout. Nebius shares rose more than 16%. Deere — The agriculture equipment maker reported better-than-expected second-quarter results, with its earnings of $6.55 per share, topping the FactSet consensus estimate of $5.70 per share. It had net sales of $11.78 billion, versus also $11.54 billion expected from analysts. Deere reaffirmed it …
