If you want to become a millionaire in the stock market, look no further than the technology sector. With shares up by a whopping 1,154% over the past 12 months, D-Wave Quantum (QBTS 0.71%) is an excellent example of this sector's wealth-creating potential.
The benchmark S&P 500 index hasn't had the best 2025 so far. It's essentially flat year to date as of May 29, but along the way, it has experienced extreme turbulence, falling by close to 20% from highs made in late February, only to recoup most of those losses.
Quantum computing is on the cusp of redefining what's possible in technology, and experts think this revolutionary tech could unlock trillions of dollars in value by 2040. Unlike traditional computers that process bits as 0s or 1s, quantum systems use qubits, which can exist in multiple states simultaneously, enabling them to solve problems that would take today's supercomputers millennia.
Artificial intelligence (AI) is transforming the global economy, driving automation, productivity, and creativity. Quantum computers may hold the key to unlocking the next generation of AI technology to tackle highly complex challenges and analyze massive datasets far beyond the reach of classical computers.
D-Wave Quantum Inc.'s stock surged +164% over the past month on Advantage2's launch and $15M in sales for Q1 versus $8.8M for FY24. We're calling 'sell' on D-Wave because the revenue growth this quarter is on a one-time sale rather than commercial/enterprise adoption. Not to mention, the market is ignoring the big fat red flag from this quarter: declining bookings, down 64% to $1.6M from $4.5M ...
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