Today: 18 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

  • SPCX Stock Drops 5% After IPO Rally; Options Trading Opens Bearish Bets
    June 17, 2026, 10:30 PM EDT. SPCX stock fell 5% Wednesday, marking its first decline after climbing 50% above the $135 IPO price over three days. The drop followed the launch of SPCX options on Tuesday, allowing investors to bet against the stock (bearish bets) for the first time. Trading volume was heavy, with nearly one million call contracts exchanged. Analysts noted the initial surge resembled a meme stock rally rather than one driven by fundamentals like revenue or earnings. Concerns about accelerated lockup release, allowing insiders to sell shares early, may be overstated as conditions require a sustained high price. Experts advise monitoring share performance once lockup periods expire in August and short sellers gain better access.

Latest articles

Wall Street Slips After Hours, Fed Flags Rate Risk

Wall Street Slips After Hours, Fed Flags Rate Risk

18 June 2026
S&P 500 plunged 1.2%, Nasdaq 1.3%, and Dow 507 points after the Fed held rates steady but signaled a possible hike, raising its 2026 rate forecast to 3.8% and PCE inflation projection to 3.6%; all 11 S&P sectors fell, megacap tech stocks slumped, and after-hours index ETFs stayed lower as traders face a shortened week before Juneteenth.
Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

18 June 2026
Meta plunged 5.5% to $567.58, underperforming the Nasdaq, after the Federal Reserve signaled possible future rate hikes and a key Meta executive tied to AI-agent work departed, raising pressure on Meta to prove its costly AI investments can deliver returns as higher rates threaten future profit values.
Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

18 June 2026
Microsoft plunged 3.8% to $378.91—outpacing the Nasdaq’s 1.3% drop—as investors reacted to a possible 2026 Fed rate hike and mounting scrutiny over Microsoft’s soaring AI spending, with capex projected at $190 billion for 2026 and a shareholder lawsuit alleging inadequate Azure growth disclosures adding further pressure.
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