Quantum Computing Stock Soars to Unprecedented Heights

Shares of D-Wave Quantum Inc. experienced a dramatic surge on Wednesday, catapulting to a record intraday peak of $22.85 before settling at a closing price of $22.54. This represented a substantial single-day gain of 18.76%. The momentum continued after the closing bell, with the stock advancing an additional 2.5% in extended trading sessions. This powerful rally was fueled by two primary catalysts: the inaugural ‘Qubits Japan 2025’ conference and reports of explosive expansion within the Asian market.

The broader quantum computing sector received a significant boost from the Federal Reserve’s recent decision to implement a 25-basis-point interest rate cut. This policy shift provided a lift to technology stocks across the board. Furthermore, optimism was amplified by an announcement from the Department of Energy regarding... Read more...