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Second-Largest U.S. Pension Bought Up D-Wave Quantum, DJT Stock - Barron's

1. CalSTRS increased D-Wave Quantum stock holdings in Q1 significantly. 2. D-Wave shares soared 115% in Q2 after strong first-quarter revenue report. 3. The California pension system manages $351.6 billion in assets. 4. D-Wave remains unprofitable despite strong revenue growth. 5. The pension's trades are reported in a quarterly SEC filing.

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FAQ

Why Bullish?

CalSTRS' significant investment in QBTS signals confidence, enhancing market perception.

How important is it?

Significant institutional backing and stock recovery positions QBTS favorably.

Why Long Term?

Persistent interest and increased holdings suggest sustained endorsement of QBTS potential.

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