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Quantum Computing 25 April 2026 - 12 May 2026

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. That explains why the stock jumped ahead of the report. QBTS finished Monday at $24.03, gaining 6.47% after quantum stocks bounced hard. Options players were set for an 18.83% swing on earnings, either way. Investors weren’t just paying for D-Wave’s latest sales figures; they were betting that those orders might finally translate into more consistent revenue streams.
12 May 2026
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Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Berkeley, California, May 12, 2026, 01:27 PDT Rigetti Computing Inc. posted first-quarter revenue that almost tripled. Still, the quantum-computing company recorded a larger operating loss—highlighting the expense of pushing ahead with technology that remains largely limited to research use instead of mainstream commercial deployment.
12 May 2026
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Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

HOBOKEN, New Jersey, May 12, 2026, 04:26 EDT Quantum Computing Inc. gained roughly 14% in U.S. premarket trading Tuesday, following a big first-quarter revenue boost tied mostly to two recent acquisitions. The Hoboken-based photonics and quantum tech firm now faces questions about whether its sizable cash reserves and expanded manufacturing can be leveraged into steady commercial revenue.
12 May 2026
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Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Computing shares advanced Monday, with investors looking to the upcoming first-quarter results for signs that the quantum-computing company is successfully converting new hardware deals into actual revenue. Berkeley, California-based Rigetti & Co, LLC plans to release results after the bell, with a conference call slated for 5 p.m. ET. That timing has caught attention—investors have pushed the shares higher ahead of results, despite expectations for a modest revenue figure and more red ink.
11 May 2026
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IonQ’s Blowout Quarter Still Leaves Wall Street With One Big Question

IonQ’s Blowout Quarter Still Leaves Wall Street With One Big Question

COLLEGE PARK, Maryland, May 7, 2026, 06:06 ET IonQ bumped up its full-year revenue guidance after notching record first-quarter sales, giving investors a clearer sense of whether the quantum-computing specialist can turn interest in its systems into broader commercial gains. The company now forecasts 2026 revenue between $260 million and $270 million, a jump from its previous range of $225 million to $245 million. First-quarter revenue landed at $64.7 million, well ahead of the $49.7 million analyst consensus collected by LSEG.
7 May 2026
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Xanadu Quantum Technologies Limited Stock Faces a 294 Million-Share Test as EV Group Deal Lands

Xanadu Quantum Technologies Limited Stock Faces a 294 Million-Share Test as EV Group Deal Lands

Xanadu Quantum Technologies Limited on Tuesday announced it's teaming up with EV Group to work on wafer-bonding and chip integration for its photonic quantum computers—a move that lands just as the newly listed company's shares have taken a hit. These quantum machines rely on photons, or light particles, for information processing. Timing is critical here. Xanadu, which went public in March through a SPAC merger and trades on both Nasdaq and the Toronto Stock Exchange, is working to shift from laboratory prototypes to hardware that can be mass-produced at industrial scale. Public investors, meanwhile, are gauging the potential impact of a sizable resale registration.
5 May 2026
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Xanadu Quantum Technologies Stock Gets First Big Test as Q1 Results Date Lands

Xanadu Quantum Technologies Stock Gets First Big Test as Q1 Results Date Lands

Xanadu Quantum Technologies Ltd. plans to report Q1 results on May 14, dropping the numbers after the bell. Management will host a call at 4:30 p.m. EDT to break down the figures and share their outlook. Standard procedure, except for the timing: the Toronto quantum-computing player only recently hit the public markets. The date is key here. XNDU only started trading a few weeks back. Its U.S. shares most recently changed hands at $36.12—$7.05 higher than the prior close—after hitting $38.31 earlier in the session. Roughly 4.28 million shares traded.
1 May 2026
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IonQ, Inc.’s $1.8 Billion SkyWater Deal Hits FTC Delay as Quantum Stakes Rise

IonQ, Inc.’s $1.8 Billion SkyWater Deal Hits FTC Delay as Quantum Stakes Rise

April 26, 2026, 15:06 EDT, College Park, Maryland. IonQ Inc.’s bid to buy SkyWater Technology Inc. has hit another antitrust snag, as the Federal Trade Commission demanded more details from both sides, stretching out the review window, according to a securities filing. The FTC’s request, dated April 24, relates to the proposed deal that would fold SkyWater into IonQ.
26 April 2026
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D-Wave Quantum Stock Slides Before Q1 Earnings as Investors Look for Proof Behind the Rally

D-Wave Quantum Stock Slides Before Q1 Earnings as Investors Look for Proof Behind the Rally

April 26, 2026, 11:07 PDT, Palo Alto, California. D-Wave Quantum Inc. shares slipped Friday, adding to the pressure ahead of the quantum-computing firm’s first-quarter earnings set for May 12. Investors are eyeing the report for any specifics on demand, especially after a spate of new bookings and swings across the sector. Chief Executive Alan Baratz and Chief Financial Officer John Markovich are set to run through results and guidance during an 8 a.m. Eastern call that day.
26 April 2026
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Cisco Systems’ Quantum Switch Push Puts Networking Giant in Race for the Next Internet

Cisco Systems’ Quantum Switch Push Puts Networking Giant in Race for the Next Internet

Cisco Systems, Inc. unveiled a switching chip it claims links multiple kinds of quantum computers—staking out a spot in quantum tech while steering clear of making the machines themselves. The San Jose network gear company introduced its prototype, dubbed the Cisco Universal Quantum Switch, saying it’s able to route quantum data via existing telecom fiber and does it all at room temperature. Timing is key here. Quantum computing is still largely confined to research, yet big tech players are already working to shape the standards for how these machines will connect, secure data, and expand. Cisco, echoing the pitch that fueled its legacy business, argues that the network is just as critical as the machines themselves.
25 April 2026
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Stock Market Today

  • Cramer says use Wednesday's market shakeup to buy tech leaders like Meta and AMD
    July 1, 2026, 7:10 PM EDT. Jim Cramer on CNBC told investors to take advantage of Wednesday's rotation in the market as a window to pick up discounted names such as Meta, Micron and AMD. He thinks the pullback from AI infrastructure stocks will not last and suggests adding chip and data center plays, pointing to strong demand. Meta rallied, getting a boost from its plans to move into cloud computing, which Cramer said could widen revenue beyond just ads. His Charitable Trust owns Meta and Corning, but he said it sold off Nike after a weak quarter. Cramer also warned some software and retail stocks bouncing may fade. He said to use these moves to swap underperformers at higher prices and buy into leaders trading down during this early-in-the-quarter shift.
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