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Quantum Computing 12 May 2026 - 21 May 2026

Quantum Computing Inc. Sees Revenue Rise, Yet Interest Income Remains Main Contributor
MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Inc. stock surged 39.95% Wednesday after the Shenzhen-based algorithm developer announced a proposed quantum image edge-extraction algorithm for noisy images. The news fueled heavy trading in MLGO, a small-cap name known for big swings. Shares finished the day at $5.36 after hitting $6.87 earlier, then dipped to $5.22 in after-hours trading, which means trades after the closing bell.
MicroAlgo Stock Jumps Before The Bell As Quantum Circuit Algorithm Puts MLGO Back In Play

MicroAlgo Stock Jumps Before The Bell As Quantum Circuit Algorithm Puts MLGO Back In Play

MicroAlgo Inc. rolled out a new claim on Thursday, touting a multi-objective evolutionary algorithm for automating quantum circuit design. The Shenzhen firm, which trades on the Nasdaq, says the tool targets the creation of the gate-level instructions essential for running software on quantum computers. Shares swung sharply ahead of Friday’s U.S. open after the announcement.
Xanadu Quantum Technologies Stock Gets Its First Public Earnings Test—and Losses Still Rule

Xanadu Quantum Technologies Stock Gets Its First Public Earnings Test—and Losses Still Rule

Xanadu Quantum Technologies Limited posted first-quarter revenue of $2.8 million, up sharply from $0.7 million a year ago, but losses also deepened. The company said net loss increased to $20.6 million, or 28 cents per share, compared with $12.2 million, or 22 cents, in the prior-year period. The results, released Thursday, offer an early glimpse at the mounting costs tied to bringing its photonic quantum-computing business to the public markets.
D-Wave’s Bookings Spike Keeps QBTS in Play, but the Revenue Math Still Has to Catch Up

D-Wave’s Bookings Spike Keeps QBTS in Play, but the Revenue Math Still Has to Catch Up

D-Wave Quantum dropped its key number for investors ahead of Tuesday’s open: bookings surged to $33.4 million in the first quarter, a staggering 1,994% jump from the same period last year. That leap got a major lift from Florida Atlantic University’s $20 million order for a system, plus a $10 million, two-year quantum computing-as-a-service contract with a Fortune 100 client. Bookings represent customer orders likely to convert into future revenue—they’re not revenue recognized yet.
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