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With a projected market boom, Amazon and D-Wave Quantum are top stock picks in the growing quantum computing space.
Instead of speculating about individual winners, you should play the field.
IonQ CEO said the company sells quantum computing systems worldwide and that its next-generation system will be about 240 million times more powerful than its predecessor.
Quantum computing stocks are taking a hit as the Nasdaq Composite continues to slide.
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Nvidia’s much-touted Quantum Day event held last week did not prove to be a positive catalyst for quantum computing stocks.
D-Wave will not receive any proceeds from Lincoln Park's resale, but it expects to receive up to about $37.8 million, which is the remaining availability under the Purchase Agreement
Most major quantum computing stocks have all turned lower this year, except for D-Wave.
Following the fourth-quarter print, MKM Roth said it is encouraged by D-Wave’s growing backlog and the opportunity to diversify into hardware sales beyond core QCaaS quantum cloud service.
The company’s bookings climbed to a record $18.3 million, ending 2024 with a cash position of $178 million.