Why D-Wave Quantum Stock Skyrocketed This Week

Group 1 - D-Wave Quantum stock experienced a significant increase of 51.4% during the week, outperforming the S&P 500 and Nasdaq Composite, which rose 1.2% and 2.2% respectively [1][3] - The surge in D-Wave's share price was largely attributed to the Federal Reserve's decision to cut interest rates by a quarter of a percentage point, with expectations of two additional cuts later in the year [3][7] - Positive developments in the quantum computing sector, particularly a $5.8 million contract signed by Rigetti Computing with the Air Force Research Lab, contributed to the bullish sentiment surrounding D-Wave Quantum [4][7] Group 2 - The Trump administration is reportedly considering executive orders and measures to support the U.S. quantum computing industry, which could enhance government funding and support for the sector [5][7] - Despite the recent gains, analysts from The Motley Fool Stock Advisor have identified ten other stocks they believe are better investment opportunities than D-Wave Quantum [6]