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D-Wave Reports Fourth Quarter and Year-End 2024 Results

1. D-Wave Quantum announced fourth-quarter fiscal results for 2024. 2. CEO highlights competitive advantages gained from D-Wave's quantum technology.

Earnings
+65.64%Current Return
VS
+0.31%S&P 500
$5.8203/13 07:35 AM EDTEvent Start
$9.6403/14 02:00 PM EDTLatest Updated
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FAQ

Why Bullish?

D-Wave's positive financial results indicate growth potential, reflecting historical trends in tech stocks where innovations lead to price increases.

How important is it?

The article highlights potential growth and competitive advantages, which are critical for investor sentiment and stock performance.

Why Short Term?

Immediate market reactions are often seen after positive earnings announcements, similar to past quarterly reports from tech companies enhancing their valuation quickly.

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PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2024. “Every day D-Wave's quantum technology is helping customers gain competitive advantages, discover new scientific breakthroughs, and fuel innovations that were previously unimaginable,” said Dr. Alan Baratz, CEO of D-Wave. “Our mission is un.

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