D-Wave Quantum says its sixth-generation quantum computer will be available over the cloud.
Here's the next batch of weird science stocks that have market darling potential. I'm tracking five meme-worthy, deep science sectors: brain-computer interfaces, CRISPR/gene editing, organoids, programmable cell therapy, and room-temperature superconductors. Monitor each sector's stocks poised to soar if a major tech player announces a breakthrough.
Canal 13 leverages QMCO's Myriad and ActiveScale to unify storage, boost efficiency and protect content against disruptions.
Since March 23, when I last wrote on Forbes, about D-Wave Quantum, the quantum computing provider's stock has popped 50%.
QUBT's Q1 results show minimal revenue growth, tighter margins, and higher operating expenses, but a strong cash position with no debt. The Arizona foundry is operational with initial orders, yet meaningful revenue growth is likely many quarters away. Current cash reserves support operations for 7–8 years, reducing near-term dilution risk and providing runway for future growth initiatives.
The market is buzzing after D-Wave Quantum's recent achievement of quantum supremacy on a real-world problem.
Quantum Computing Inc.'s revenue remains immaterial, with high cash burn and no permanent CEO, making its $1B+ valuation hard to justify fundamentally. Despite my previous sell rating, I now move to neutral, acknowledging the stock's momentum and recent operational milestones like the Arizona chip foundry. QUBT holds $165M in cash and no debt, providing strategic flexibility, but share dilution and weak financials remain major concerns.
Quantum computing technology utilizes the power of quantum mechanics.
D-Wave Quantum Inc (NYSE:QBTS) and IONQ Inc (NYSE:IONQ) are surging today, after both quantum computing companies reported smaller-than-expected losses for the first quarter, as well as revenue beats.
The new quantum network entanglement chip works with existing fiber-optic infrastructure and is ready for scalable system deployment.
D-Wave Quantum Inc. NYSE: QBTS is among the most talked-about firms in a heavily hyped industry. Quantum computing companies, D-Wave plus rivals like Rigetti Computing Inc. NASDAQ: RGTI and legacy computing firm International Business Machines NYSE: IBM, could usher in a new way for humans to interact with and use technology.
While tech giants pour billions into quantum computing research, specialist companies dedicated exclusively to quantum technology offer investors higher-risk, higher-reward opportunities. These pure-play quantum stocks provide undiluted exposure to quantum computing's revolutionary potential.