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.
D-Wave: The Only Quantum Computing Company For A Decade
D-Wave is a strong buy in the quantum computing market, with a first-mover advantage and promising revenue forecasts. Read more on QBTS stock here.
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 ...
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 ...
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 ...
Cash Problems Are Threatening D-Wave Quantum’s (QBTS) Tech Potential
D-Wave Systems continues to gain investor attention despite a 1000% return in 2024. The reason for this interest isn’t just ...
What Nvidia’s CEO Missed About Quantum Computing
Nvidia CEO Jensen Huang claims quantum computing is decades away, but is it really? The quantum era isn’t decades away — it’s ...
D-Wave is not happy about the Nvidia CEO’s thoughts on quantum computing: ‘It’s an egregious error’
Wave, says commercial quantum computers are not "decades away" after share prices dramatically fell this week.
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 ...