D-Wave Quantum's Executive Vice President Sophie Ames sold $437,000 worth of shares as the company's stock surged following reports of potential CHIPS Act funding for quantum computing. The shares jumped 7.81% in after-hours trading, continuing a strong upward trend fueled by government support for the sector. D-Wave also signed a Letter of Intent for $100 million in proposed CHIPS funding, highlighting growing investor interest. The stock remains below its 52-week high but has gained over 35% in the past year.
The Trump administration has shifted US industrial policy by investing directly in tech companies, including $8.9 billion in Intel and $1 billion in IBM's quantum computing division. This government involvement has boosted stock prices and investor c...
Shares of quantum computing companies IonQ, D-Wave, Rigetti, and Quantum Computing surged significantly after a recent collective sell-off. D-Wave and Rigetti saw the largest gains, rising 25% and 24% respectively, as investors returned amid a calmer...
Quantum computing stocks, including IBM and others, jumped after the US Commerce Department announced grants to nearly a dozen companies to boost the domestic quantum industry. IBM plans to create a standalone quantum foundry in partnership with the ...
D-Wave Quantum Inc. reported a significant increase in Q1 bookings to $33.4 million, indicating growing market interest with an expectation to sell 2–3 quantum systems annually. Although its revenue dropped nearly 90% year-over-year, the company main...
D-Wave Quantum saw a massive 1,994% year-over-year increase in bookings, reaching $33.4 million, and its remaining performance obligations grew 563% to $42.4 million, indicating strong future revenue potential. The company reported an 81% drop in Q1 ...
