D Wave Quantum Inc (QBTS) Share Price

Yup....Plenty of those today...🥳

Another good dip today !!!

QBTS...$7.02...🥳Off the 45.90 Range dip...

georgie18

Member Level
Re: georgie18 post# 774

Thursday, January 23, 2025 7:22:55 AM

Post#
855
of 855
QBTS...$6.15...Loaded this $5.90 Range dip on the offering...🥳...January 23, 2025 07:00 AM Eastern Standard Time
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 successfully completed sales of $150 million in gross proceeds of its common stock pursuant to its previously disclosed $150 million "at-the-market" equity offering program (the “ATM Program”). The $150 million ATM Program, which was filed on January 10, commenced on January 15th and ended on January 21st, was completed at an average price per share of $6.10 representing a $0.22 per share, or 3.7%, premium over the Volume Weighted Average Price (“VWAP”) of D-Wave’s common stock (per Bloomberg) for the four days that D-Wave sold common stock. The Company’s current cash balance is approximately $320 million. The funds were used, and will continue to be used, for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations.

QBTS...$6.15...Loaded this $5.90 Range dip on the offering...🥳...January 23, 2025 07:00 AM Eastern Standard Time
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 successfully completed sales of $150 million in gross proceeds of its common stock pursuant to its previously disclosed $150 million "at-the-market" equity offering program (the “ATM Program”). The $150 million ATM Program, which was filed on January 10, commenced on January 15th and ended on January 21st, was completed at an average price per share of $6.10 representing a $0.22 per share, or 3.7%, premium over the Volume Weighted Average Price (“VWAP”) of D-Wave’s common stock (per Bloomberg) for the four days that D-Wave sold common stock. The Company’s current cash balance is approximately $320 million. The funds were used, and will continue to be used, for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations.

QBTS............................https://stockcharts.com/h-sc/ui?s=QBTS&p=W&b=5&g=0&id=p86431144783

MIT researchers have pushed the boundaries of quantum computing by developing fluxonium qubits that demonstrate world-record gate fidelities.
https://scitechdaily.com/breaking-quantum-limits-mits-fluxonium-qubits-achieve-unprecedented-precision/

MIT? This must be fake news! Jensen said it was.

https://www.perplexity.ai/page/mit-sets-world-record-in-quant-fd1AJcbeTgyxwmQJdL3bPg

So now we know that Jensen Huang is a hypocrite.

https://www.theregister.com/2025/01/15/nvidia_quantum_day_gtc/

Me too. Same as yours. Keep the faith and hold onto the reins!

3x average trading volume here today with 2hrs to go.

my order was in at 5.92
and have it at 5.81

I think QBTS is being shorted now, when I see
MM's ARCA, L, H on the ask the pps goes down
That's just what I think, It gives me something to bitch at
We could see this go over $6.00 again today, or AM tomorrow

gone here adios

who is sell all stose shares into the market - company !!

HARDLY!

QBTS - evryone is on the sell botton here???

QBTS................https://stockcharts.com/h-sc/ui?s=QBTS&p=W&b=5&g=0&id=p86431144783

I personally believe that QC stocks like QBTS will be FLYERS like NVDA was first starting out. IMO there are no BETTER stocks to buy and HOLD than these cheap QC companies.

Any thoughts on this article?
https://www.barrons.com/articles/microsoft-quantum-computing-stocks-0a3085fb

$5.30 + 12% up to $7 new target . D-Wave Announces Successful Completion of $175 Million At-the-Market Equity Offerings
December 12 2024 - 7:00AM
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 successfully completed sales of $175 million in gross proceeds of its common stock pursuant to its previously disclosed $100 million and $75 million “at-the-market” equity offering programs (the “ATM Programs”). The $75 million ATM Program, implemented on Monday, December 9th, was completed at an average price per share of $4.8149. Over that same three-day period, D-Wave stock traded at a Volume Weighted Average Price (“VWAP”) of $4.6625 (per Bloomberg). The Company expects to end the current fiscal 2024 fourth quarter with at least $160 million in cash. The funds were used, and will continue to be used, for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations.“We believe that annealing quantum computing is serving as an important catalyst for the increasing commercial adoption of quantum,” said Dr. Alan Baratz, CEO of D-Wave. “Our 5,000 qubit Advantage™ quantum computer, the largest quantum computer in the world, is helping to drive this adoption, as businesses, researchers, and governments recognize the near-term value we can deliver. We believe this funding substantially improves the company’s financial strength, positioning D-Wave for the future and enabling us to fully execute against our product and go-to-market strategies and roadmaps.”About D-Wave Quantum Inc.D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. 

They did an offering. 

The only reason this stock hasn't kept up with Qubt and rgti is they havnt done an offering yet and people are just worried it's coming soon in my opinion.

D-Wave CEO Alan Baratz talks about the technology and company with Caroline Hyde and Mike Shepard on "Bloomberg Technology.

$6 from here is 50% gain. I'm willing to take a bet on $6 EOY for that possibility.

QBTS..........................https://stockcharts.com/h-sc/ui?s=QBTS&p=W&b=5&g=0&id=p86431144783

Screaming BUY!

Keeps tanking.

D-Wave Announces 2024 Bookings and First On-Premise Advantage System Sale

Capital Markets, Quantum Computing Business

Cierra Choucair
January 10, 2025

D-Wave Quantum Inc. reported fiscal year 2024 bookings exceeding $23 million, a 120% increase from fiscal year 2023, and announced the sale of its first on-premise Advantage quantum computing system.

The Advantage system, with over 5,000 qubits and 15-way connectivity, is said to allow for deeper customer integration and complements the company’s existing Leap quantum cloud service.

D-Wave expects $18 million in Q4 2024 bookings, a 500% increase from the previous year, and ended the fiscal year with a record $178 million in cash.

PRESS RELEASE — In a recent release, D-Wave Quantum Inc. reported fiscal year 2024 bookings exceeding $23 million and a 120% increase compared to fiscal year 2023. The company also disclosed the sale of its first-ever on-premise D-Wave Advantage annealing quantum computing system. This reflects a shift in the company’s revenue strategy, adding on-premise system sales to its existing portfolio of cloud-based services.

As noted in the release, the Advantage system, which features over 5,000 qubits and 15-way connectivity, provides customers with full access to the system’s parameters and allows for deeper integration than cloud services typically offer. The company adds that on-premise offerings complement its existing Leap quantum cloud service, which remains the preferred option for customers focused on specific applications.

Along with the system sale, D-Wave also reported an expected $18 million in bookings for the fourth quarter of fiscal year 2024, marking a 500% increase compared to the same quarter in fiscal year 2023, which saw $3 million in bookings. The company also reported that they ended fiscal year 2024 with a record cash position of approximately $178 million.
Responsive Image

As reported in the release, Dr. Alan Baratz, CEO of D-Wave, stated, “With remarkable growth in bookings, our first Advantage system sale and an increasing number of customer applications moving into production, in our view, D-Wave is clearly driving the commercialization of quantum computing. While others remain in the research and development mode, we are delivering incredibly powerful technology and products to customers today, helping them tackle their tough computational problems faster, better and with less energy.”

The company’s reported financial and operational progress signals the ongoing commercialization of quantum computing alongside industry focus on research and development.

https://thequantuminsider.com/2025/01/10/d-wave-announces-2024-bookings-and-first-on-premise-advantage-system-sale/

QBTS, the company defended the stock on Friday. Brief rally above $6. Going into Monday will see if the price remains above the 50 day moving average

Sci tech daily scientists create split electrons unlocking the future of quantum computing!

Recent article:
https://www.zacks.com/stock/news/2395192/qbts-surges-420-in-6-months-is-there-more-room-to-run-in-2025?cid=CS-MSN-FT-analyst_blog|most_popular_stocks-2395192

BTW, One day, I saw a "homeless" person standing on a street corner begging for money with a sign that said, "Can't find work". I motioned them over to my car, where I pointed directly behind them was a McDonalds with a sign in the window that said "Now Hiring"...
They did not value my solution.

Well, a large part of the problem is, you can get more in welfare and unemployment than you can by working.
Ronald Reagan once addressed the issue of taking ownership vs blaming the government. Those days are long gone.
Based on your post, Unemployment figures should be zero then, but it ain't. Of course the measure used for assessing these numbers are silly.
I had lunch one day with the head of the Dallas Fed and I asked him how Unemployment figures are determined. He said, "Once a month, we contact 60,000 people and ask them, Do you have a job? If they say no, we then ask, Do you want one?"....pretty much an oversimplification of the system and why numbers so often are moot.
However, we are entering a whole new world. People are giddy over the growth of their AI stocks, but never stop to consider what it will mean in the long run.
I often wonder, what ever happened to all the cloth diaper cleaning companies? Or Wainwrights? Did they start over somewhere else?
More importantly, has no one watched any Terminator movie until the end?? Isn't it obvious how this all turns out? Even Wall-E predicted our future!
We may literally be the next dinosaurs.

It’s actually hard for some businesses to get people to work anymore.

Now Hiring Signs along the roadways.

At one point, a year or two ago, supermarket Customer Service was shut down in 2 supermarkets because they couldn’t get people to work.

Wall Street job losses may top 200,000 as AI replaces roles:
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence. Chief information and technology officers surveyed for BI indicated that on average they expect a net 3% of their workforce to be cut, according to a report published Thursday. Back office, middle office and operations are likely to be most at risk, according to Tomasz Noetzel, the BI senior analyst who wrote the report. Customer services could see changes as bots manage client functions, while know-your-customer duties would also be vulnerable. “Any jobs involving routine, repetitive tasks are at risk,” he said. “But AI will not eliminate them fully, rather it will lead to workforce transformation.” Nearly a quarter of the 93 respondents predict a steeper decline of between 5% and 10% of total headcount. Source: Bloomberg

I wonder how many kids got fired due to this?

55 years ago, I used a slide rule as a calculator.

65 years ago, I listened to radio because we didn’t have tv.

Things advance.

My local supermarket now has a robot that rolls up and down the aisles taking inventory of shelf items.

IF quantum computing was today, there would be a large layoff in company's engineering departments(or at least a different type of hiring)
From talking in the past with my daughter, who is the head of engineering at an S&P 500 corp. They are headed in that direction, but it is very early.

D-Wave Announces Fiscal Year 2024 Bookings Will Exceed $23 Million, Up Approximately 120% Over Fiscal Year 2023
First-ever customer purchase of D-Wave Advantage annealing quantum computing system in Q4 contributes to increased bookings and marks significant expansion of the company’s revenue model

Record cash position of approximately $178 million at 2024 year end

https://www.businesswire.com/news/home/20250110781030/en/D-Wave-Announces-Fiscal-Year-2024-Bookings-Will-Exceed-23-Million-Up-Approximately-120-Over-Fiscal-Year-2023

During the interview, Dr. Baratz also highlighted that "D-Wave has been able to solve problems on our quantum computer in the area of materials simulation in minutes that it would take well over millions of years to solve on the fastest supercomputers, which by the way happen to be massively parallel GPU computers."

" When it comes to D-Wave annealing quantum computing, he is dead wrong. We are not 30 years out, we're not 20 years out, we're not 15 years out. We are today. We are supporting businesses today with quantum compute to solve their hard problems," said Dr. Baratz during the interview."

Is the bull run over?

Nvidia does not want this competitor to win!

Buy the $7.5 calls. Hard

Quantum Computing Stocks Dive After Nvidia CEO Says Tech 15-30 Years Away
Story by ED CARSON • 34m • 1 min read

Quantum computing stocks IonQ, Rigetti Computing, D-Wave Quantum and Quantum Computing plunged after Nvidia CEO Jensen Huang said Tuesday night that the technology won't be "very useful" for 15-30 years.

"If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it's probably on the late side," Huang said in a Q&A session during Nvidia's analyst day event. “If you picked 20, I think a whole bunch of us would believe it.”

Quantum computing stocks have skyrocketed since Google parent Alphabet announced a chip breakthrough in early December.

IonQ stock dived 10.75% Tuesday night. Rigetti stock and Quantum Computing skidded 12.9%. D-Wave Quantum stock lost 14.1%.
https://www.msn.com/en-us/news/technology/quantum-computing-stocks-dive-after-nvidia-ceo-says-tech-15-30-years-away/ar-AA1x8Tix?ocid=hpmsn&cvid=b6867ac1a5d648dbb0124fca9e93e8b3&ei=31

QBTS, off from the high last week, but not tanking either

qbts...........................https://stockcharts.com/h-sc/ui?s=qbts&p=W&b=5&g=0&id=p86431144783