Futures for the Dow Jones Industrial Average and the other major stock indexes rallied Thursday ahead of the Labor Department's weekly jobless claims and in the wake of the Federal Reserve's first rate change of the year. Meanwhile, Nvidia (NVDA) and Intel (INTC) were early winners on the stock market today, thanks to a partnership deal. Ahead of the opening… Related news Quantum Computing Stocks Rally. D-Wave Hits Record High Amid Tokyo Conference. BREAKING: Futures Rise; Nvidia To Buy Intel Stake Get inst ...

Company Highlights - Intel announced a new deal with Nvidia to co-develop chips for PCs and data centers, resulting in a 23% increase in Intel's stock price, making it the top performer on the S&P for the day [2] - The government's investment in Intel has increased, with a 10% stake now valued at approximately $14 billion due to the stock price surge [3] - Synopsis, a long-term partner of Intel, also saw its stock rise following the announcement of the collaboration with Nvidia [2] Quantum Computing Developments - Palantir plans to invest £1.5 billion in the UK, having secured a deal with the UK Ministry of Defense to expand its AI software usage, which will create hundreds of new jobs [3] - IonQ signed a memorandum of understanding with the US Department of Energy to advance quantum technologies in space, exploring applications for quantum secure communications [4] - Regetti Computing's shares jumped 17% after securing a nearly $6 million contract with the Air Force Research Laboratory, increasing its market cap by about $250 million [5] Market Trends - Small-cap stocks, particularly the Russell 2000, outperformed due to favorable conditions from anticipated rate cuts, achieving a record close [6] - Jobless claims reported at 231,000, indicating improvement in the labor market, alongside a significant increase in the Philly Fed manufacturing index [8] - The 10-year yield rose, reflecting market reactions to recent economic data and Fed decisions [9] Upcoming Events - San Francisco Fed President Mary Daly's upcoming speech is anticipated to provide insights into the Fed's rate cut decision and inflation perspectives [10][11] - FedEx reported a strong quarter, with market reactions expected to gauge consumer health and global shipping trends [12] - LAR's report is awaited, with investors looking for direction amid challenges in the housing market [13]

Core Insights - D-Wave Quantum Inc. has seen a significant year-to-date stock increase of 94%, but its momentum appears to be waning, with a trailing 12-month return of 1,800% not translating into sustained performance in 2025 [1][2] - The company faces increasing competition from major tech players like NVIDIA, and its recent mixed earnings report has contributed to a decline in stock price [2] - D-Wave's Advantage2 quantum system, released in May, is a strong product that may provide a competitive edge in the commercialization of quantum technology [3][4] Product and Technology - Advantage2 is designed for complex optimization problems, positioning D-Wave favorably in various applications [4] - Despite criticisms of annealing technology, D-Wave has shown that it can benefit multiple sectors, including logistics, manufacturing, and operations management [5][6] - The Advantage2 system boasts over 4,400 qubits, double coherence time, and a 40% increase in energy scale, enhancing its problem-solving capabilities [7] Financial Performance - D-Wave reported over 40% year-over-year revenue growth in its second-quarter earnings, driven by the popularity of the Advantage2 system, despite wider-than-expected losses per share [8] - Bookings nearly doubled during this period, indicating strong demand for the Advantage2 system [9] Market Position and Future Outlook - The current stock price forecast for D-Wave is $19.27, indicating a potential downside of 21.34% from the current price of $24.50, with a high forecast of $30.00 and a low of $9.00 [9] - A significant hurdle for D-Wave is the high cost of the Advantage2 system, which limits its appeal primarily to large businesses and governments [10] - The company is working on introducing additional products with lower costs and broader appeal to sustain revenue growth and profitability [11] Strategic Initiatives - D-Wave is focusing on balancing its core Advantage2 business with a diverse range of additional offerings to attract a wider customer base [11] - Investors are advised to monitor D-Wave's revenue growth in the upcoming third-quarter report for signs of breaking out of its current price plateau [12] Competitive Landscape - The rapid development in the quantum industry necessitates that D-Wave continues to innovate and launch more powerful products to maintain its competitive edge [13] - While D-Wave has thrived on investor optimism and hype, the sustainability of its business will depend on the continued success of the Advantage2 product [14]

Key Points D-Wave Quantum stock soared 8% this afternoon on news of a trade conference in Japan. D-Wave also noted that its bookings numbers are picking up. 10 stocks we like better than D-Wave Quantum › Shares of quantum computing company D-Wave Quantum (NYSE: QBTS) soared 7.8% in afternoon trading Thursday as of 3:35 p.m. ET. Why? Probably because of a press release D-Wave put out yesterday afternoon, saying it's holding "its first-ever Qubits Japan 2025 quantum computing user conference in Toky ...

Welcome back to NextGen Investing. It's time to discuss the latest under 30 name. Today being Regetti Computing, which is having a pretty nice session alongside a lot of the strength we're seeing in quantum, but with its own specific story today.So joining us now is George Telus, senior markets correspondent for the network. So George, walk us through this deal because the Air Force Research Laboratory is where we're seeing the the strength today, but also again broader quantum strength across the board. Ye ...

Core Insights - The quantum computing sector is rapidly moving towards commercialization, driven by major breakthroughs and increasing government support, although it remains small compared to the broader market [2][10] - Recent developments from leading companies in the quantum space, such as IonQ, D-Wave Quantum, and Rigetti Computing, highlight both growth and speculative nature of the sector [4][5][6] Company Developments - IonQ completed the acquisition of Oxford Ionics, enhancing its technological roadmap and expanding its international presence [4] - D-Wave Quantum reported over 80% year-over-year growth in bookings following its Qubits Japan 2025 conference, indicating strong global demand for its systems [5] - Rigetti Computing secured a $5.8 million contract from the Air Force Research Laboratory to advance superconducting quantum networking, showcasing government investment in quantum infrastructure [6] Market Perspective - The combined market capitalization of publicly traded quantum computing companies is approximately $35–40 billion, significantly smaller than the non-Tesla EV sector, which is valued at about $70–80 billion [9] - Historical context shows that at the peak of the EV hype cycle, companies like Rivian and Lucid had valuations exceeding the entire quantum sector, indicating that quantum is still in its early lifecycle with potential for growth [10] Technical Analysis - The recent rallies in quantum stocks have been remarkable, with the sector becoming a favorite among retail investors [11] - A prudent strategy for new investors may involve waiting for a pullback or consolidation phase before entering the market, while current holders can enjoy the momentum [12]

Stock Performance - D-Wave Quantum's stock has increased by more than 2000% in a year [1] Industry Focus - The report discusses the future direction and reasons behind D-Wave Quantum's stock performance [1]

Group 1 - Rigetti Computing's stock surged by 14.1% after announcing a new three-year contract worth $5.8 million, reaching an all-time high [1][3] - The contract is with the Air Force Research Laboratory to advance superconducting quantum networking, aiming to explore the potential of quantum networks to scale up [3] - Rigetti's peers in the quantum computing sector, such as IonQ, are also experiencing stock increases due to new deals, indicating a positive trend in the industry [4][5] Group 2 - Investors are increasingly recognizing the legitimacy and practicality of quantum computing, as evidenced by IonQ's recent memorandum of understanding with the U.S. Department of Energy [5] - The focus on practical applications of quantum technologies is driving investor interest in quantum computing stocks [5] - The competitive landscape includes other companies like IonQ, which are also making strides in the quantum computing space [4][5]

Core Insights - D-Wave Quantum is a pure play quantum computing company focusing on annealing systems, differentiating itself from competitors that primarily pursue gate-model approaches [2][3] - The launch of the Advantage2 system in May 2025 marks a significant advancement, offering longer coherence times, higher energy scale, and expanded qubit connectivity for solving complex optimization problems [2][10] - D-Wave emphasizes the practical applications of its technology in areas such as workforce scheduling, logistics, resource allocation, and AI workflows, while also advancing gate-model development [3] Commercial Traction - D-Wave has secured a diverse customer base, including major companies like Nikon, Sharp, and GE Vernova, as well as research institutions such as the University of Oxford and the U.K.'s National Quantum Computing Center [4] - The purchase of an Advantage2 unit by the Julich Supercomputing Center indicates a growing demand for on-premises quantum systems [4] - The Leap Quantum LaunchPad program has seen over 1,300 applications in six months, showcasing early adoption and interest in D-Wave's offerings [4] Revenue Generation - Unlike competitors IonQ and Rigetti, D-Wave generates revenue from both system sales and cloud-based subscriptions, positioning itself as a practical leader in applying quantum technology to enterprise challenges [5] - The company's strong cash reserves further enhance its competitive position in the evolving quantum landscape [5] Competitive Landscape - IonQ is expanding its capabilities through acquisitions, including a $1.075 billion deal for Oxford Ionics, and partnerships aimed at enhancing its role in quantum infrastructure [6] - Rigetti is advancing its gate-model quantum computing with the launch of a 36-qubit multi-chip system, achieving a median two-qubit gate fidelity of 99.5% [7] - Rigetti raised $350 million through an equity offering, ending the quarter with strong cash reserves and no debt, indicating financial stability [7] Stock Performance - D-Wave's shares have increased by 47.2% over the past 30 days, reflecting positive market sentiment [8][10] - Analyst targets suggest an additional upside of 11.7% from the recent closing price of $18.98, indicating potential for further growth [11]

Core Viewpoint - Shares in the four largest publicly traded quantum computing companies, referred to as the "Quantum Four," are experiencing a positive performance over the last 24 hours [1] Group 1 - The "Quantum Four" includes the largest publicly traded companies in the quantum computing sector [1] - The recent performance indicates a favorable market sentiment towards these companies [1] - The positive trend in share prices may reflect growing investor interest in quantum computing technology [1]