Latest news with #D-WaveQuantumInc
Yahoo
23-05-2025
- Business
- Yahoo
Why D-Wave Quantum Inc. (QBTS) Soared Today
We recently published a list of In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other stocks that soared today. D-Wave Quantum surged by 23.96 percent on Thursday to finish at $19.04 apiece, as investors continued to gobble up shares following the launch of a new quantum computer, which is said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer. Called the Advantage2, it is said to be capable of addressing real-world use cases in areas such as optimization, materials simulation, and artificial intelligence (AI). A modern computer datacenter, running an advanced quantum computer system. '[The launch] marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole, as we bring to market our sixth-generation quantum computer, a system so powerful that it can solve hard problems outside the reach of one of the world's largest exascale GPU-based classical supercomputers,' said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz. Customers are now able to access the Advantage2 system through the company's LeapTM real-time quantum cloud service, which is available in more than 40 countries and offers 99.9 percent availability and uptime, sub-second response times, and SOC 2 Type 2 compliance to meet enterprise needs and security requirements. Overall, QBTS ranks 5th on our list of stocks that soared today. While we acknowledge the potential of QBTS, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QBTS and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
23-05-2025
- Business
- Yahoo
Why D-Wave Quantum Inc. (QBTS) Soared Today
We recently published a list of In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other stocks that soared today. D-Wave Quantum surged by 23.96 percent on Thursday to finish at $19.04 apiece, as investors continued to gobble up shares following the launch of a new quantum computer, which is said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer. Called the Advantage2, it is said to be capable of addressing real-world use cases in areas such as optimization, materials simulation, and artificial intelligence (AI). A modern computer datacenter, running an advanced quantum computer system. '[The launch] marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole, as we bring to market our sixth-generation quantum computer, a system so powerful that it can solve hard problems outside the reach of one of the world's largest exascale GPU-based classical supercomputers,' said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz. Customers are now able to access the Advantage2 system through the company's LeapTM real-time quantum cloud service, which is available in more than 40 countries and offers 99.9 percent availability and uptime, sub-second response times, and SOC 2 Type 2 compliance to meet enterprise needs and security requirements. Overall, QBTS ranks 5th on our list of stocks that soared today. While we acknowledge the potential of QBTS, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QBTS and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Why D-Wave Quantum Inc. (QBTS) Skyrocketed Today
We recently published a list of . In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other other stocks that skyrocketed today. Ten companies boasted whopping gains on Tuesday despite a wider market pessimism, as a flurry of corporate developments, including impressive earnings and bullish outlooks, sparked buying appetite. In contrast, Wall Street's main indices all finished in the red territory. The Dow Jones was down by 0.27 percent, the S&P 500 dropped 0.39 percent, and the tech-heavy Nasdaq declined 0.38 percent. In this article, we named the 10 best-performing stocks during the trading session and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A modern computer datacenter, running an advanced quantum computer system. D-Wave Quantum surged by 25.93 percent on Tuesday to finish at $16.56 apiece following the launch of a new quantum computer, which is said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer. Called the Advantage2, it is said to be capable of addressing real-world use cases in areas such as optimization, materials simulation, and artificial intelligence (AI). 'Today marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole, as we bring to market our sixth-generation quantum computer, a system so powerful that it can solve hard problems outside the reach of one of the world's largest exascale GPU-based classical supercomputers,' said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz. Following the launch, customers are now able to access the Advantage2 system through the company's LeapTM real-time quantum cloud service, which is available in more than 40 countries and offers 99.9 percent availability and uptime, sub-second response times, and SOC 2 Type 2 compliance to meet enterprise needs and security requirements. Overall, QBTS ranks 10th on our list of today's best-performing stocks. While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QBTS and that has 100x upside potential, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Why D-Wave Quantum Inc. (QBTS) Skyrocketed on Friday
We recently published a list of . In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other Friday's top performers. The stock market finished the trading week in the green territory as investors looked past the series of mixed corporate earnings performance and inflation worries, amid the easing trade tensions between the US and China. The Dow Jones climbed by 0.78 percent, while the S&P 500 and the tech-heavy Nasdaq grew by 0.70 percent and 0.52 percent, respectively. Beyond major indices, 10 companies—predominantly Bitcoin miners and quantum computing firms—registered a strong finish, thanks to fresh corporate developments boosting investor appetite. In this article, we name Friday's 10 top performers and detail the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A modern computer datacenter, running an advanced quantum computer system. D-Wave Quantum saw its share prices increase by 11.06 percent on Friday to finish at $12.25 apiece as investor sentiment was boosted by its strong earnings performance in the first quarter of the year. In a statement, D-Wave Quantum Inc. (NYSE:QBTS) said it narrowed its net loss by 69 percent to $5.4 million from the $17.3 million registered in the same period last year, thanks to a $12.2-million increase in gross profit associated with the sale of a quantum computing system. Revenues for the period expanded by 509 percent to $15 million from $2.5 million year-on-year, primarily driven by the sale of a quantum computing system during the period. 'The first quarter of 2025 was arguably the most significant in D-Wave's history, especially in terms of our unique ability to deliver quantum value today to our customers and the scientific community,' said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz. 'We recognized revenue on our first Advantage system sale to a major research institution, moved an additional customer application into commercial production, and became the first to demonstrate quantum supremacy over classical computing on a useful real-world problem. The end result was a record revenue and gross profit quarter,' he noted. Overall, QBTS ranks 4th on our list of Friday's top performers. While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than QBTS but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
20-05-2025
- Business
- Yahoo
D-Wave Quantum (QBTS) Introduces Sixth Generation Quantum Computer
D-Wave Quantum Inc. (NYSE:QBTS) stock surged 27.6% on Tuesday after it announced the general availability of its Advantage2 quantum computer. Advantage2 system is the sixth generation quantum computer, making it the company's most advanced and performant system. It features over 4,400 qubits with a unique Zephyr topology offering 20-way qubit connectivity. This enhanced connectivity allows embedding and solving more complex problems than previous generations. A modern computer datacenter, running an advanced quantum computer system. Alan Baratz, CEO of D-Wave Quantum Inc. (NYSE:QBTS) noted that compared to the previous version, the Advantage2 delivers a 40% increase in energy scale, a 75% reduction in noise, and a twofold increase in qubit coherence time. Moreover, despite its increased power, the Advantage2 system maintains energy efficiency, consuming roughly the same 12.5 kilowatts of electricity as earlier generations. The company said that its Advantage2 system is ready to be installed for customers with on-site needs and is also available through its D-Wave's Leap quantum cloud service, making it available in more than 40 countries. The company's revenue is growing rapidly and increased by 500% year-over-year increase in Q1 as sales reached $15 million. While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QBTS and that has 100x upside potential, check out our report about the . READ NEXT: and . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
