Some of Wall Street's most-hyped trends and innovations are showing signs of breaking down.For decades, game-changing technologies and innovations have played a big role in sending the benchmark S&P 500 (^GSPC +1.55%), growth-fueled Nasdaq Composite (^IXIC +2.69%), and mature stock-driven Dow Jones Industrial Average (^DJI +0.44%) to new heights.The arrival and mainstream proliferation of the internet in the mid-1990s is a perfect example of an innovation that completely altered the growth trajectory for Am ...

Core Viewpoint - D-Wave Quantum Inc. has completed the redemption of all outstanding public warrants, with the redemption date set for November 19, 2025, marking a significant step in the company's financial management and capital structure [1][4]. Summary by Sections Redemption of Warrants - D-Wave announced the completion of the redemption of all public warrants to purchase shares of common stock, with a redemption date of November 19, 2025 [1]. - Prior to the redemption announcement on October 20, 2025, 4,746,358 warrants were exercised, resulting in approximately 6.9 million shares of common stock being issued at an exercise price of $11.50 per warrant, generating cash proceeds of about $54.6 million for the company [2]. - As of the redemption date, 270,820 warrants remained unexercised, which were redeemed at a price of $0.01 per warrant, totaling an aggregate redemption price of $2,708.20 [3]. Trading and Delisting - Following the redemption, the warrants ceased trading on the New York Stock Exchange (NYSE) and will be delisted, effective November 18, 2025, while the common stock continues to trade under the symbol "QBTS" [4]. Company Overview - D-Wave Quantum Inc. is recognized as a leader in quantum computing systems, software, and services, being the first commercial supplier of quantum computers [6]. - The company focuses on delivering value through its quantum computing technology, which includes both annealing and gate-model quantum computers, and has a strong customer base with over 100 organizations utilizing its systems for various computational challenges [6].

Nov 21, 2025 7:00 AM Eastern Standard Time D-Wave Completes Redemption of Public Warrants Share PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave†or the "Company†), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced that it has completed the redemption of all of the Company's outstanding public warrants (the "Warrants†) to purchase shares of the Company's common stock ("Common Stock†) ...

IonQ, Inc. (NYSE:IONQ) shares slipped on Thursday as a fresh Wall Street review weighed the company’s long-term potential against its current valuation.The latest take highlights big ambition in quantum computing but urges caution as the technology and market continue to mature.JP Morgan analyst Peter Peng initiated coverage on IonQ with a Neutral rating and announced a price forecast of $47.Also Read: What Does the Market Think About D-Wave Quantum Inc?Peng says IonQ is well placed to lead the next wave of ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Shares of IBM Corp (NYSE:IBM) are on the rise, up 2.9% at $296.81 at last glance, after news broke that the company is partnering with fellow Dow member Cisco Systems (CSCO) to build a network of "large-scale, fault-tolerant quantum computers." With plans to finish by early next decade, the two hope to offer a proof-of-concept within five years. On the charts, IBM just experienced a short-term pullback from its Nov. 12 record high of $324.90, looking to snap a three-day losing streak with today's pop. Year ...

Market Trends & Cryptocurrency Performance - Crypto majors rebound after NVDA earnings beat; BTC back to $91,800 [1] - Bitcoin ETFs see net inflows for the first time in 6 sessions, with $75.4 million inflows; SOL ETFs also spike with $48.5 million inflows [1] - Memecoin leaders are mixed, with FARTCOIN leading at +17% [1] - EDEL jumped 28% to $100 million, up 150% over the past 3 days [2] Regulatory & Security Concerns - Vitalik warns of quantum computing threat looming by 2028, urging a shift to quantum-resistant security within 4 years [1] - Samourai Wallet co-founder sentenced to four years for operating an unlicensed Bitcoin mixing service [1] - India plans to launch a stablecoin 'ARC' pegged 1:1 to the rubee under its CBDC framework in Q1 2026 [1] - WLFI announced that attackers gained access to a small subset of user wallets and that impacted users will shortly receive refunds [2] Corporate & Institutional Developments - Kraken files for IPO after $800 million raise [1] - The UAE tripled its position in BlackRock's IBIT, now holding $518 million [1] - BlackRock is planning to file for a staked ETH ETF [1] - CME is set to begin offering sports event contracts starting December 6 [1][2]

Core Viewpoint - The discussion emphasizes the distinction between current AI market dynamics and the dotcom bubble, highlighting that established tech giants are driving AI investments with solid revenue streams [2][11]. Group 1: Market Corrections and Valuations - Current market corrections are viewed as reasonable rather than indicative of a bubble, with potential drops of 30% being classified as healthy corrections [6][9]. - Valuations may appear stretched, but they are not deemed irrational, with the possibility of significant corrections for mega-cap tech stocks and AI players [9][11]. Group 2: AI Investment Dynamics - Major AI investments are primarily funded by profits from established companies like Amazon, Microsoft, Meta, and Google, which mitigates excessive risk [3][11]. - The circular nature of tech investments is highlighted, where investments in companies like Anthropic lead to purchases of chips from Nvidia, raising concerns about sustainability [8][11]. Group 3: Nvidia's Role in the AI Market - Nvidia's valuation has become a focal point of debate, with initial skepticism about its rapid rise from a $1 trillion valuation to $4.5 trillion, indicating a potentially frothy market [7][11]. - The absence of alternatives in the GPU market is contributing to Nvidia's momentum, suggesting a unique position within the industry [7][11]. Group 4: Broader Market Sentiment - Despite pockets of excess in the market, the overall system is considered secure due to high revenues and strong competitive advantages among major players [8][11]. - Smaller, speculative companies pursuing futuristic technologies may create bubbles, but they are not seen as systemic risks to the broader market [8][11].

kody_king / Shutterstock.com In most years, especially in strong up years, the Nasdaq 100 has stood taller than the S&P 500, driven largely by the tech sector’s outsized gains. Invesco’s Q3 update shows QQQ with a NAV gain of 8.94 percent in Q3 2025, edging out the S&P 500’s 8.12 percent. Still, outperformance on the way up does not guarantee the same result going forward, particularly if tech shifts from boom to sudden slowdown. In this piece, we will look at whether investors should lean toward the tec ...

If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions.Quantum computing stocks have been one of this year's hottest investing themes. Traders have gravitated to companies like IonQ ( IONQ ) and Rigetti Computing ( RGTI ) which appear to be at the forefrontIan Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent the ...