Today: 10 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.

Stock Market Today

  • SpaceX Pre-IPO Market Drops 27% Ahead of Historic Listing
    June 10, 2026, 3:52 AM EDT. SpaceX's pre-IPO market linked derivative, SPCX, fell 27% over three weeks, trading near $157 on Wednesday down from $216 in mid-May. The product, a 5x-leverage perpetual contract on Hyperliquid, reflects a reduced implied premium for SpaceX's IPO, which is priced at $135 per share. Initially at a 60% premium, the contract now prices the company closer to a 16% premium, indicating cautious trader sentiment despite strong investor interest. SpaceX's fixed-price IPO, seeking $75 billion from over $250 billion in demand, lacks the usual dynamic pricing mechanism, leaving derivatives like SPCX to track market expectations. Broader market weakness and crypto jitters also weigh on derivatives, though traders still anticipate a premium at listing.

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