Why D-Wave Stock Skyrocketed 40.2% This Week
From Nasdaq: 2025-05-11 04:25:00
Shares of D-Wave Quantum (NYSE: QBTS) surged 40.2% this week, peaking at 47.8%. The rise followed positive earnings and optimism from Trump’s U.K. trade deal and upcoming China talks. D-Wave reported a record $15 million revenue for Q1 2025, a 509% increase from last year. CEO Alan Baratz hailed it as a significant milestone. However, quantum technology is still in its early stages, and returns may take a decade. Consider diversifying investments among quantum stocks. The Motley Fool did not include D-Wave in its top 10 stock picks, which have historically outperformed the S&P 500 by 907%.
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