Today: 10 June 2026
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NYSE:DWQ 21 May 2026 - 2 June 2026

D-Wave shares trade higher on new 2032 quantum plan

D-Wave shares trade higher on new 2032 quantum plan

D-Wave Quantum shares rose 1.2% to $30.50 after unveiling a gate-model quantum roadmap targeting 100 logical qubits by 2032. The company aims for a 17-physical-qubit system in 2026 and 181 by 2028. Q1 revenue dropped 81% to $2.9 million, while bookings hit $33.4 million. Cash and securities reached $588.4 million. D-Wave signed a letter for $100 million in possible CHIPS Act funding but warned its technology may face delays or miss targets.
D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave Quantum shares jumped 8.4% to $29.79 in New York Thursday after the company announced a proposed $100 million funding deal under the CHIPS Act. Trading volume reached 34.6 million shares. Quantum peers IonQ, Rigetti, and Quantum Computing Inc. also rose. D-Wave recently secured second-year funding for a superconducting qubits project and defended its quantum-supremacy results.
D-Wave Heads Into $100 Million U.S. Challenge as Quantum Peer Stocks Jump

D-Wave Heads Into $100 Million U.S. Challenge as Quantum Peer Stocks Jump

D-Wave Quantum Inc. traded at $29.28 premarket Tuesday, down 0.4% after a 44.5% surge last week tied to a proposed $100 million CHIPS Act funding deal with the U.S. government. The agreement would give the Department of Commerce an equity stake if finalized. First-quarter revenue fell 81% to $2.9 million, while bookings rose sharply to $33.4 million. D-Wave ended March with $588.4 million in cash and marketable securities.
D-Wave’s $100 Million Move Follows Holiday Stock Pop

D-Wave’s $100 Million Move Follows Holiday Stock Pop

D-Wave Quantum shares surged 44.5% for the week, closing at $29.40 Friday, after the U.S. Commerce Department named it for $100 million in planned CHIPS Act funding. The company reported Q1 revenue of $2.9 million, down 81% year-over-year, and a net loss of $18.4 million. No U.S. trading will occur Monday due to Memorial Day. D-Wave plans to issue $100 million in stock to the government if the award is finalized.

Stock Market Today

  • Dollar Weakens as US May CPI Matches Expectations Amid Geopolitical Tensions
    June 10, 2026, 12:57 PM EDT. The US dollar index slipped 0.13% after May consumer price index (CPI) data showed inflation rising 4.2% year-on-year, matching forecasts and easing concerns of aggressive Federal Reserve (Fed) tightening. Core CPI rose 2.9%, the quickest pace in seven months. Despite this, crude oil prices jumped 1%, raising inflation fears that may prompt Fed rate hikes. Geopolitical tensions between the US and Iran boosted safe-haven demand for the dollar, limiting losses. Swap markets price in no expected rate change at the next Fed meeting. Meanwhile, the euro gained 0.12%, supported by expectations of a 25 basis point European Central Bank (ECB) hike, although oil's rise threatens the Eurozone economy. The yen weakened further against the dollar amid rising Japanese producer prices and hawkish Bank of Japan signals, despite oil price pressures on Japan's import-reliant economy.

Latest articles

Cracker Barrel Jumps After Surprise Profit Forces Investors to Rethink Turnaround

Cracker Barrel Jumps After Surprise Profit Forces Investors to Rethink Turnaround

10 June 2026
Cracker Barrel shares soared 26% after a surprise Q3 profit and raised 2026 revenue and adjusted EBITDA outlook, even as restaurant traffic stayed negative; investors focused on improved guidance and cost cuts, with Wells Fargo upgrading the stock and raising its price target to $50, but risks remain if guest counts don’t recover.
Lemonade Shares Jump as Investors Zero In on Profit Path

Lemonade Shares Jump as Investors Zero In on Profit Path

10 June 2026
Lemonade shares jumped 10.6% to an intraday high above $60 after CEO Daniel Schreiber and CFO Tim Bixby appeared at Morgan Stanley’s U.S. Financials Conference, as investors focused on the company’s reiterated target for positive adjusted EBITDA in Q4 and a fresh TD Cowen price target hike, with shrinking losses and improved underwriting driving optimism.
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