D-Wave and Quantum-Computing Stocks Slide. Meta’s Zuckerberg Sees Practical Uses ‘Quite a Ways Off.’
Quantum-computing stocks tumbled Monday following comments from Meta Platforms CEO Mark Zuckerberg that quantum is far from being a “practical paradigm.” Shares of D-Wave Quantum and Rigetti Computing fell 31% and 29%,
What's Going On With D-Wave Quantum (QBTS) Stock?
Shares of D-Wave Quantum are trading higher by 10% during Tuesday's session. The stock is rebounding from recent declines driven by cautious commentary on the timeline for quantum computing's practical applications.
Why Shares of Quantum Computing Stocks D-Wave Quantum, Quantum Computing, and Rigetti Computing Were Plunging Again Today
Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.
Quantum Computing’s Future: Zuckerberg Joins Nvidia Doubts, D-Wave CEO Pushes Back
Quantum stocks tumble as Nvidia’s cautious timeline and Zuckerberg’s doubts spark sell-offs, while D-Wave CEO argues quantum tech is delivering value today.
Zuckerberg is no ‘expert’ — but still sparks plunge in quantum-computing stocks
D-Wave, Rigetti Computing and Quantum Computing shares are now down by more than half on the year after critical commentary from tech executives.
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D-Wave announces first commercial sale of Advantage quantum computer
Quantum computing firm D-Wave has made its first commercial sale of its Advantage system. The sale was announced by D-Wave ...
Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave CEO says
D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the ...
D-Wave Announces Fiscal Year 2024 Bookings Will Exceed $23 Million, Up Approximately 120% Over Fiscal Year 2023
In addition to the system sale, the company today disclosed that fiscal 2024 Q4 bookings will be at least $18 million, an ...
Spotlight on D-Wave Quantum: Analyzing the Surge in Options Activity
Today, Benzinga 's options scanner spotted 19 uncommon options trades for D-Wave Quantum. This isn't normal. The overall ...
D-Wave Quantum sees FY24 bookings over $23M
Inc. announced that fiscal year 2024 bookings will exceed $23 million, an increase of approximately 120% over fiscal year 2023 bookings. Contributing to the growth in bookings, the company also ...
Quantum computing stocks are having a rough start to 2025: IonQ, D-Wave, Rigetti tank after Nvidia CEO predicts 20-year horizon
Shares of leading firms nose-dive after Nvidia’s Jensen Huang suggests a generational wait for fully functional quantum tech.
IBN Coverage: D-Wave (NYSE: QBTS) CEO Discusses Increasing Commercialization of Quantum Computing on Fox Business
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the ...