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Stock impact report

Stock Market Today, April 15: D-Wave Quantum Inc. Surges as Nvidia's Ising Models Fuel Rally in Quantum Stocks [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
Nvidia's new open-source Ising quantum AI models fueled a broad rally in quantum computing names. Investors are watching how D-Wave converts recent enthusiasm into sustained bookings and revenue growth. The company's trading volume reached 90.2 million shares, which is about 227% above compared with its three-month average of 27.6 million shares. D-Wave Quantum IPO'd in 2020 and has grown 105% since going public. How the markets moved today S&P 500 (SNPINDEX:^GSPC) added 0.80% to finish Wednesday at 7,022.95, while the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 1.59% to close at 24,016. Within quantum computing, industry peers IonQ (NYSE:IONQ) closed at $43.25 (+20.95%) and Rigetti Computing (NASDAQ:RGTI) finished at $19.11 (+13.28%) as investors bid up sector growth stories. What this means for investors D-Wave Quantum shares rose sharply as Nvidia's open-source Ising-based models renewed interest in quantum optimization, an area also addressed by D-Wave's quantum anneali Show less Read more
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