D-Wave Quantum Inc (NYSEQBTS) reported upbeat Q4 results & is engaged with 3 institutions for quantum systems. Booked a sale to a German supercomputing center.
Following the fourth-quarter print, MKM Roth said it is encouraged by D-Wave’s growing backlog and the opportunity to diversify into hardware sales beyond core QCaaS quantum cloud service.
I want to thank all of the folks who joined our Next 50X NVIDIA Call event earlier today. We covered a lot of ground, from NVIDIA Corporation’s (NVDA) upcoming Quantum Day (Q Day) event to the revolutionary shift quantum computing will bring to AI to the single stock I believe could deliver a 50X return – like NVIDIA did before the AI Revolution took off.
Jensen Huang will give a keynote speech at Nvidia's GTC conference next week. A keynote from Huang at CES earlier this year took Nvidia stock to highs.
The S&P 500 and Nasdaq rose on Wednesday. The rally was fueled by a cooler-than-expected inflation report, which bolstered expectations for monetary easing.
The study found that D-Wave’s quantum computer performed the most complex simulation in minutes and with an accuracy that would take nearly one million years using one of the world’s most powerful supercomputers.
Part of the entire Market being in flux is because it appears that the 'powers that be' are actively trying to devalue the US dollar. That's what China does, to improve its prices for exports and make it tougher on imports.
