From Yahoo Finance: 2025-04-29 07:51:00

On Monday, the stock market showed mixed results with the Nasdaq dropping 0.10%, the Dow Jones growing by 0.28%, and the S&P 500 inching up by 0.06%. D-Wave Quantum Inc. (QBTS) saw a 2.12% decline to $7.37 due to profit-taking and portfolio repositioning ahead of its first quarter earnings release in May 2025.

Last year, D-Wave Quantum Inc. reported a 74% increase in net loss to $143.9 million, with revenues remaining flat at $8.8 million. The company recently completed a successful project applying quantum computing and AI to drug discovery with Japan Tobacco Inc. QBTS ranks 9th on the list of worst performing stocks on Monday.

Investors are advised to explore AI stocks with higher potential returns in a shorter time frame compared to QBTS. A report highlights an AI stock trading at less than 5 times its earnings, potentially offering better prospects for investors. For more insights on AI stocks, check out the latest recommendations from analysts and billionaires.



Read more at Yahoo Finance: Why D-Wave Quantum Inc. (QBTS) Crashed on Monday