Quantum computing stocks rise after D-Wave Quantum's results

Quantum

08/05/2025 15:06

Corrects May 8 BUZZ to reflect Quantum Corp's business description in 3rd bullet

** Shares of quantum computing stocks rise after D-Wave Quantum QBTS.N posts Q1 revenue above Wall Street estimate

** Shares of QBTS surge 30% to $8.89

** Rigetti Computing RGTI.O rises 8.2%, Quantum Computing QUBT.O jumps 9.2% and Quantum Corp QMCO.O up 5.2%. Quantum Corp, however, provides solutions for artificial intelligence and unstructured data, and is not involved in quantum computing

** QBTS posts Q1 revenue of $15 million, surpassing analysts' average estimate of $10.6 million, according to data compiled by LSEG

**  Including session's moves, QBTS down 18%, QUBT down 57.2%, RGTI down 39.4% and QMCO down 79.8% YTD

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com))