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Associated Press
4 days ago
- Business
- Associated Press
IBN Coverage: D-Wave Quantum (NYSE: QBTS) CEO Highlights Revenue Increase in Fox Business Interview
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES, CA - May 30, 2025 ( NEWMEDIAWIRE ) - D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave'), a leader in quantum computing systems, software, and services, is seeing momentum build on both the technical and commercial fronts, according to CEO Dr. Alan Baratz, who appeared on Fox Business' The Claman Countdown to discuss the company's progress ( ). Baratz emphasized a significant milestone recently achieved by the company: the sale of a D-Wave(TM) Advantage quantum computing system to Germany's Julich Supercomputing Centre ('JSC'), a deal that contributed to a sharp increase in Q1 revenue. D-Wave reported quarterly revenue of $15 million, a… Read More About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world's largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: Forward Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: The latest news and updates relating to QBTS are available in the company's newsroom at Forward Looking Statements Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBN Los Angeles, California 310.299.1717 Office [email protected]
Globe and Mail
5 days ago
- Business
- Globe and Mail
D-Wave Quantum (NYSE: QBTS) CEO Highlights Revenue Increase in Fox Business Interview
D-Wave reported Q1 2025 revenue of $15 million, up 509% year over year. The revenue jump was driven by the sale of an Advantage(TM) quantum system to the Jülich Supercomputing Centre in Germany. CEO Dr. Alan Baratz says D-Wave's recent quantum supremacy demonstration influenced the sale, while also catching the attention of the supercomputer community and national labs around the world. Dr. Baratz reiterated that annealing quantum computing is uniquely suited for real-world optimization tasks. D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave'), a leader in quantum computing systems, software, and services, is seeing momentum build on both the technical and commercial fronts, according to CEO Dr. Alan Baratz, who appeared on Fox Business' The Claman Countdown to discuss the company's progress ( Baratz emphasized a significant milestone recently achieved by the company: the sale of a D-Wave(TM) Advantage quantum computing system to Germany's Jülich Supercomputing Centre ('JSC'), a deal that contributed to a sharp increase in Q1 revenue. D-Wave reported quarterly revenue of $15 million, a… Read More>> About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world's largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: Forward Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Corporate Communications
Globe and Mail
27-05-2025
- Business
- Globe and Mail
Insider Trading: D-Wave Quantum's (QBTS) Key Insiders Sell Shares Worth $7.13M
Steven M. West, chairman at D-Wave Quantum (QBTS), and Roger Biscay, one of the company's directors, recently sold shares of the quantum computing company, worth $7.13 million. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to the most recent SEC filing, West sold 311,973 shares at a weighted average price of $16.504 per share on May 21. Despite this significant sale, he holds 236,322 D-Wave's shares directly and 24,659 shares indirectly. Also, Biscay divested 112,196 shares on May 21 and May 22. Following the deal, the Director has 106,626 shares left under his ownership. It is important to keep an eye on the Informative trades of corporate insiders, given their knowledge of a company's growth potential. Interestingly, TipRanks offers daily insider transactions as well as a list of top corporate insiders. It also provides a list of hot stocks that boast either a Very Positive or Positive insider confidence signal. Top-Rated Analyst Bullish on QBTS Stock While insiders are bearish on the stock, Top-rated Financial analyst Craig Ellis, remains bullish. He reiterated a Buy rating on QBTS stock with a price target of $13 per share. The analyst rating came after QBTS launched the Advantage2 quantum computer, offering major improvements in performance, connectivity, and energy efficiency. The analyst said that the announcement drove a 28% surge in QBTS shares, pushing the stock past its $13 price target. Several major customers across different fields, such as Los Alamos National Labs (scientific research), Davidson Technology (national security), and Japan Tobacco (drug discovery), showed strong support for Advantage2. The analyst said that D-Wave is doing a good job bringing its technology to businesses, showing it is getting more companies to use its quantum computing. Is QBTS a Good Stock to Buy Now? Turning to Wall Street, QBTS stock has a Strong Buy consensus rating based on six Buys assigned in the last three months. At $13, the average D-Wave price target implies a 30.85% downside potential. Shares of the company have gained 206.2% over the past three months. See more QBTS analyst ratings
Yahoo
24-05-2025
- Automotive
- Yahoo
China's CATL, Elon Musk & Tesla, D-Wave: Trending Tickers
Chinese battery maker, CATL ( makes its Hong Kong trading debut, raising $4.6 billion in the largest initial public offering (IPO) globally so far this year. Elon Musk reaffirms his commitment to Tesla (TSLA), saying he will stay on as CEO for at least five years. D-Wave (QBTS) stock surges after releasing its newest computing system, Advantage2. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. It's now time for some of today's trending tickers. We are watching CATL, Tesla, and D-Wave. First up, CATL. CATL is soaring. It's Hong Kong trading debut. It's an EV battery maker that raising $4.6 billion in their IPO making it the world's biggest listing so far this year. The CATL supplies batteries to several automakers including Tesla, Volkswagen, Ford, and Mercedes-Benz. Taking a look at huge gains off of this news of the potential IPO here. And Chris, it's really interesting when you think about a name like this. We're talking about how investors should be viewing international opportunities. Is a name like CATL one that you would look at? Um, I would say conceptually it would be, right? It's an interesting derivative play on the EV market. Um, you know, they sell predominantly in China. So I have some concerns about that just from an accounting perspective. But you know, if you're looking for a company that gives you broad-based exposure to the overall EV market, as I like to say buy the bullets, not the guns, this is a nice way to do it. And would you be comfortable looking in some of those Asian markets in particular where we don't have as much sort of transparency? I would say that I would, well, I'm not going to say, I'll tell you what I would do, I would stick to ADRs because of the accounting that we get and the the timely financial reporting that we get. Yeah, I think that's important just for like investor hygiene to keep that in mind here. Let's move on though to Tesla, Elon Musk saying he's committed to being CEO for at least five years. He was speaking at the Cutter Economic Forum earlier today talking about sales declines, pulling back on political spending and his role moving forward for CEO saying he would spend on another campaign if he saw an opportunity, but he doesn't see one at the current moment. The Tesla shares are up about eight tenths of a percent right now. Chris, how do you think about Tesla? Um, I think it's a story that has to be figured out once again. And I think we're not this is not surprising over the last couple weeks, right? You know, if you go back to right after an aberration day was uh, you know, Musk running Tesla? No, he was busy heading up Doge and doing all sorts of other things. And I think folks were looking for him to come back. I think the question is, does he still have it? Is he still the Musk that we know or are we going to get something else? So I it's for me, it's a stock to watch. Yeah, stock to watch. A stock that is down at the current moment, 9% year to date. But finally here, let's look at D-Wave releasing its latest quantum computing system known as Advantage 2. It's the sixth generation of the system and is currently available through the company's cloud service. Plans to release physical machines from the company over the next couple of years though shares up 26%. I feel like every time I'm talking about D-Wave, it's either a massive move to the upside or the downside. Uh to me, the comment that you made of over the next few years. To me this this is very much a story stock. You know, folks, I can understand want some angle in the next disruptive thing, the next new new thing. And quantum compute quantum computing could be it, but when you've got Google and Microsoft coming out saying whoa, whoa, whoa, this is years away. Um I would rather wait for the tipping point when we actually see the market emerge rather than, you know, roll the dice and have some hopium in place. Well, do you think that D-Wave benefits from a little bit of investor FOMO, the investors out there thinking, well, I missed the beginning of the AI wave and I don't want to miss it for quantum? I think there is some of that because folks don't want to be left out. They're always looking, you know, again for that new new thing. The question is, you know, steak, sizzle. What do we have here? Right, right. Exactly. Exactly. That is, of course, the million dollar question when it comes to investing. Chris, thank you so much for your insights. For our audience, you can scan the QR code below to track the best and worst performing stocks with Yahoo Finances Trending Tickers page. 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
23-05-2025
- Business
- Yahoo
Why IonQ and Other Quantum Computing Stocks Soared Thursday
Shares of quantum computing companies rocketed higher Thursday, led by IonQ (IONQ), whose chief executive said it aims to become the Nvidia (NVDA) of quantum computing. IonQ shares popped close to 37% after CEO Niccolo de Masi said in an interview with Barron's that his company is 'in the business of quantum just like Nvidia and Broadcom are in the business of classical GPUs,' adding 'I believe IonQ will be the Nvidia player." "There will be other people that copy us and follow us; they have always copied and followed us,' de Masi reportedly said. Meanwhile, D-Wave Quantum (QBTS) stock jumped 24%. The company on Tuesday had unveiled its newest quantum computer, sending shares higher earlier in the week. CEO Alan Baratz said D-Wave's machine, known as Advantage2, 'marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole.' Rigetti Computing (RGTI) also rose Thursday, adding 26%, while Quantum Computing (QUBT) climbed more than 14%. Read the original article on Investopedia Sign in to access your portfolio
