Quantum computing stands at the precipice of transforming our technological landscape. In 1981, Nobel Prize-winning physicist Richard Feynman first proposed the concept of quantum computers, recognizing that classical machines could never efficiently simulate quantum systems.
Our caution surrounding the dangers of chasing overpriced stocks in an overly exuberant stock market has paid off well, as D-Wave Quantum pulls back by -47.7% since 52 week heights. Thanks to the cheaper valuations, growing bookings/multi-year RPOs, and rich balance sheet, the quantum stock looks a lot more compelling here. QBTS' investment thesis is significantly aided by its aggressive go-to-market strategies through the three-month trial Leap Quantum LaunchPad program as well.
If you need numbers, Quantum Computing (QUBT) is not for you. This is an embryonic company analogous to pre-commercial R&D-oriented biotechs. So, it's the story that matters. I and short sellers worried about QUBT based on lack of business-mission clarity, and questions about whether leased office space could, as QUBT says, fulfill legitimate chip foundry functions. I worried more on learning QUBT's still-new CEO would soon retire.But after studying the interim CEO (and current Chief Quantum Officer), I did a 180. The guy is very legit.
The cutting edge of innovation runs through the rapidly evolving field of quantum computing. This technology promises to solve complex problems at unprecedented speeds, far exceeding the capabilities of classical systems.
With the stock market in rally mode, there are more pockets of strength than there have been in a while.
The market sold off speculative stocks in a big way on Monday as the U.S. economy appeared to be heading toward more turbulence driven by tariffs. The U.S. dollar dropped, yields are up, and business confidence is in freefall.
D-Wave Quantum Inc. NYSE: QBTS is one of a handful of quantum computing firms—including rival Rigetti Computing Inc. NASDAQ: RGTI—to have dipped further after early-April tariff-related shockwaves sent markets reeling. D-Wave shares rose dramatically in mid-March on good news about the company's technological achievements, but they fell shortly after and remain down about 33% year-to-date (YTD).
Quantum computing hasn't received much attention lately, with all the focus on the general economy and the effects of President Donald Trump's tariff plans.
IonQ isn't currently profitable, but the company's revenue growth is impressive.
Quantum computing could be the next frontier for computers and cloud-based services. While traditional computers still store data in binary bits of zeros and ones, quantum computers store zeros and ones simultaneously in qubits.
Quantum computing is truly a potential revolutionary technology that really has only caught on in the past few years.
Quantum computing will change the world. The technology promises to solve computing problems that are way beyond the powers of today's digital chips.