bullish wave push D wave quantum (NYSE: QBTS) The stock was significantly higher on Tuesday. Shares of the quantum computing specialist rose 6% after being named to a prestigious list of next-generation companies. This increase is enough to defeat S&P 500 Index Index performance. On the day, the bellwether index edged up 0.3%.
On that day, fast company Released the 2025 edition of the list of the next big things in technology. D-Wave is one of this year's selected groups, which includes 137 companies covering a wide range of technology areas, including areas such as artificial intelligence and next-generation transportation solutions, in addition to quantum computing.
Image source: Getty Images.
The magazine chose D-Wave “to demonstrate what quantum computing can do now.”
fast company The focus is on the company's Advantage2 computer, saying its advanced “annealing” technology sets it apart from more common designs used by competitors. It also noted that the machine is in active use among D-Wave customers, such as defense company Davidson Technologies.
In a press release about its inclusion, D-Wave quoted CEO Alan Baratz as saying the move “uHighlighting the breakthrough performance of Advantage2.”
He added: “This is well-deserved validation of D-Wave’s tireless efforts to deliver production-ready quantum computing technology, delivering value to our customers today.”
Before buying D-Wave Quantum stock, consider the following factors:
this Motley Fool Stock Advisor The analytics team has just identified what they believe is 10 Best Stocks Investors can buy now… and D-Wave Quantum isn't one of them. The 10 stocks selected could generate huge returns in the coming years.
consider when Netflix This list was created on December 17, 2004… If you invested $1,000 when we recommended, You will have $657,412!* or when NVIDIA This list was created on April 15, 2005… If you invested $1,000 when we recommended, You will have $1,154,376!*
Now, it's worth noting stock advisor The overall average return is 1,075% — Outperformed the market compared to the S&P 500's 190%. Don’t miss the latest top 10 list, available via stock advisorand join an investment community built by individual investors for individual investors.