PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the "Company"), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced that the Company is redeeming all of the Company's outstanding public warrants (the “Warrants”) to purchase shares of the Company's common stock, at 5 p.m. N...
Recently, all three of Wall Street's major stock indexes climbed to fresh record-closing highs. The primary catalyst fueling these gains is investor optimism tied to game-changing technological advances, such as the evolution of artificial intelligence (AI).
Quantum computing may be in its early stages, but investors are already picking winners. Many of today's perceived winners and losers in the quantum computing space probably won't be the same five or even 10 years from now.
Earlier this week, Wall Street celebrated the three-year anniversary of the start of the current bull market for the benchmark S&P 500. While the evolution of artificial intelligence (AI) has played a key role in sending the broader market to new heights, AI isn't the only game-changing trend fueling investor optimism at the moment.
Shares of D-Wave Quantum (QBTS -8.89%) took a tumble on Thursday, falling as much as 11.5% by 12:50 p.m. ET. The company didn't do anything wrong today -- investors simply took some profits off the table after a string of price surges.
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