Today: 30 June 2026
QBTS stock jumps as D-Wave Quantum rally puts CES 2026 and U.S. data in focus

QBTS stock jumps as D-Wave Quantum rally puts CES 2026 and U.S. data in focus

NEW YORK, January 4, 2026, 05:32 ET — Market closed

  • D-Wave Quantum shares climbed 7.6% to $28.13 in the latest session, with heavy volume.
  • Quantum-computing peers also rose, keeping the spotlight on the sector into early 2026.
  • Traders are looking to CES next week and major U.S. economic releases that can shift rate expectations.

D-Wave Quantum Inc shares ended Friday up 7.6% at $28.13, with about 48 million shares traded as the stock ranged between $25.44 and $28.42.

The move matters because the quantum-computing sector has started 2026 with renewed momentum, and D-Wave is approaching a busy stretch of investor-facing events.

Traders have also been recalibrating their bets on high-growth, high-volatility names after fresh guidance from Federal Reserve officials. Philadelphia Fed President Anna Paulson said on Saturday that further U.S. rate cuts could be some way off as policymakers take stock of inflation and the labor market.

D-Wave’s advance echoed gains across the group. IonQ rose 4.3% on Friday, while Rigetti Computing and Quantum Computing Inc gained 6.6% and 7.3%, respectively.

A note published early Friday by Zacks highlighted D-Wave’s product-development milestones, including the commercial launch of its Advantage2 system and ongoing work to scale its next platforms. The report also pointed to progress in D-Wave’s gate-model effort, including fabrication of fluxonium qubit chips and superconducting control chips.

Advantage2 is an annealing quantum computer, designed to search for good solutions to hard optimization tasks such as scheduling and routing. Gate-model systems, by contrast, aim to run a broader set of algorithms by applying quantum “gates,” akin to logic operations in conventional computing.

D-Wave said it will sponsor the CES Foundry on Jan. 7-8 and showcase customer case studies alongside its hybrid quantum-classical solvers, which pair quantum hardware with traditional computers. “Showcasing quantum computing at CES, one of the world’s most influential technology stages, signals that the technology is quickly moving into the mainstream,” said Murray Thom, a vice president at D-Wave. D-Wave Quantum

The company is also slated to host its Qubits 2026 user conference on Jan. 27-28 in Boca Raton, Florida, where it typically outlines product road maps and showcases customer deployments.

D-Wave remains loss-making, a backdrop that has kept swings in the stock pronounced even during rallies. The company reported 2024 revenue of $8.83 million and a net loss of $143.88 million, according to LSEG data.

Before next session, traders will be watching U.S. data that can move Treasury yields and appetite for speculative tech. The ISM manufacturing index is due Monday at 10 a.m. ET, while the Labor Department’s JOLTS openings report is scheduled for Jan. 7 and the December jobs report for Jan. 9.

On the charts, Friday’s rally left $25.44 — its session low — as a near-term support level. A move through $28.42, Friday’s high, would put the latest peak back in play after the holiday-week pullback.

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Stock Market Today

  • SpaceX (NASDAQ: SPCX) Slides Below IPO Price as Dilution, Lockup Fears Weigh
    June 30, 2026, 8:34 AM EDT. SpaceX (NASDAQ: SPCX) is trading under its $150 IPO price less than a week after the debut on June 12. Shares touched an intraday low of $147.55 on June 23. The stock had jumped to a high of $176.52 early on and even closed at $211.39, briefly putting SpaceX's valuation at $2.6 trillion. Since then, the price has mostly stayed under $160. Investors are watching potential dilution from a pending $60 billion all-stock buyout of Anysphere and possible new share issuance up to $150 billion. Employee and early investor shares are still locked up until late July and December, with Elon Musk's block locked to 2027. This mix of dilution and upcoming lockup expiries could keep pressure on SPCX shares. Caution on new buys.
Chevron stock today: CVX steadies near $152 as oil logs steepest annual drop since 2020
Previous Story

Chevron stock today: CVX steadies near $152 as oil logs steepest annual drop since 2020

Hyperscale Data (GPUS) stock jumps 20% in premarket as insider buying keeps spotlight on the microcap
Next Story

Hyperscale Data (GPUS) stock jumps 20% in premarket as insider buying keeps spotlight on the microcap

Go toTop