D-Wave QuantumNYSE: QBTS

BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced that the BC Tech Association has named D-Wave as one of the finalists in the GameChanger Ambition category of for its upcoming Technology Impact Awards (TIAs). Winners will be announced at the TIAs gala on October 23, 2024. The GameChanger Ambition aw.

Zorio to be part of opening keynote scheduled for 8:30am EDT Zorio and Cao to host fireside chat at 3:50pm EDT that will be moderated by The Boston Globe's Aaron Pressman BOSTON, June 13, 2024 (GLOBE NEWSWIRE) -- Zapata Computing Holdings Inc. (“Zapata AI” or the “Company”) (Nasdaq: ZPTA), the Industrial Generative AI company, today announced that two members of its executive team — Chief Revenue Officer Jon Zorio and Chief Technology Officer Yudong Cao — will be speaking at the D-Wave Qubits Conference on June 17, 2024. Zorio will join the conference's opening keynote discussion, hosted by Dr. Alan Baratz, President and Chief Executive Officer of D-Wave Quantum Inc. (“D-Wave”) (NYSE: QBTS), taking place at 8:30am EDT, while Zorio and Cao will be participating in a fireside chat hosted by The Boston Globe's Aaron Pressman at 3:50pm ET.

D-Wave Quantum Inc. reported a quarterly loss of $0.11 per share, which was higher than the expected loss of $0.08 per share according to Zacks Consensus Estimate. This is an improvement from the loss of $0.20 per share reported a year ago.

D-WAVE QUANTUM (QBTS) is currently considered oversold, suggesting that the intense selling pressure on the stock may be coming to an end. Additionally, the consensus among Wall Street analysts in raising earnings estimates points to a possible turnaround for the stock soon.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

D-Wave Quantum Inc. (QBTS) reachead $2.08 at the closing of the latest trading day, reflecting a +0.97% change compared to its last close.

In the most recent trading session, D-Wave Quantum Inc. (QBTS) closed at $1.87, indicating a +1.63% shift from the previous trading day.

D-Wave and Zapata have announced a collaboration to combine quantum computing and generative AI, which could have significant profit potential. QBTS is the leader in quantum annealing technology, while Zapata is the only pure-play industrial generative AI company. Investing in D-Wave and Zapata at this time is risky due to the revenue growth of D-Wave and uncertainty around the SPAC merger of Zapata.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?