D Wave Quantum Inc (QBTS) News

BTW, One day, I saw a "homeless" person standing on a street corner begging for money with a sign that said, "Can't find work". I motioned them over to my car, where I pointed directly behind them was a McDonalds with a sign in the window that said "Now Hiring"...
They did not value my solution.

Well, a large part of the problem is, you can get more in welfare and unemployment than you can by working.
Ronald Reagan once addressed the issue of taking ownership vs blaming the government. Those days are long gone.
Based on your post, Unemployment figures should be zero then, but it ain't. Of course the measure used for assessing these numbers are silly.
I had lunch one day with the head of the Dallas Fed and I asked him how Unemployment figures are determined. He said, "Once a month, we contact 60,000 people and ask them, Do you have a job? If they say no, we then ask, Do you want one?"....pretty much an oversimplification of the system and why numbers so often are moot.
However, we are entering a whole new world. People are giddy over the growth of their AI stocks, but never stop to consider what it will mean in the long run.
I often wonder, what ever happened to all the cloth diaper cleaning companies? Or Wainwrights? Did they start over somewhere else?
More importantly, has no one watched any Terminator movie until the end?? Isn't it obvious how this all turns out? Even Wall-E predicted our future!
We may literally be the next dinosaurs.

It’s actually hard for some businesses to get people to work anymore.

Now Hiring Signs along the roadways.

At one point, a year or two ago, supermarket Customer Service was shut down in 2 supermarkets because they couldn’t get people to work.

Wall Street job losses may top 200,000 as AI replaces roles:
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence. Chief information and technology officers surveyed for BI indicated that on average they expect a net 3% of their workforce to be cut, according to a report published Thursday. Back office, middle office and operations are likely to be most at risk, according to Tomasz Noetzel, the BI senior analyst who wrote the report. Customer services could see changes as bots manage client functions, while know-your-customer duties would also be vulnerable. “Any jobs involving routine, repetitive tasks are at risk,” he said. “But AI will not eliminate them fully, rather it will lead to workforce transformation.” Nearly a quarter of the 93 respondents predict a steeper decline of between 5% and 10% of total headcount. Source: Bloomberg

I wonder how many kids got fired due to this?

55 years ago, I used a slide rule as a calculator.

65 years ago, I listened to radio because we didn’t have tv.

Things advance.

My local supermarket now has a robot that rolls up and down the aisles taking inventory of shelf items.

IF quantum computing was today, there would be a large layoff in company's engineering departments(or at least a different type of hiring)
From talking in the past with my daughter, who is the head of engineering at an S&P 500 corp. They are headed in that direction, but it is very early.

D-Wave Announces Fiscal Year 2024 Bookings Will Exceed $23 Million, Up Approximately 120% Over Fiscal Year 2023
First-ever customer purchase of D-Wave Advantage annealing quantum computing system in Q4 contributes to increased bookings and marks significant expansion of the company’s revenue model

Record cash position of approximately $178 million at 2024 year end

https://www.businesswire.com/news/home/20250110781030/en/D-Wave-Announces-Fiscal-Year-2024-Bookings-Will-Exceed-23-Million-Up-Approximately-120-Over-Fiscal-Year-2023

During the interview, Dr. Baratz also highlighted that "D-Wave has been able to solve problems on our quantum computer in the area of materials simulation in minutes that it would take well over millions of years to solve on the fastest supercomputers, which by the way happen to be massively parallel GPU computers."

" When it comes to D-Wave annealing quantum computing, he is dead wrong. We are not 30 years out, we're not 20 years out, we're not 15 years out. We are today. We are supporting businesses today with quantum compute to solve their hard problems," said Dr. Baratz during the interview."

Is the bull run over?

Nvidia does not want this competitor to win!

Buy the $7.5 calls. Hard

Quantum Computing Stocks Dive After Nvidia CEO Says Tech 15-30 Years Away
Story by ED CARSON • 34m • 1 min read

Quantum computing stocks IonQ, Rigetti Computing, D-Wave Quantum and Quantum Computing plunged after Nvidia CEO Jensen Huang said Tuesday night that the technology won't be "very useful" for 15-30 years.

"If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it's probably on the late side," Huang said in a Q&A session during Nvidia's analyst day event. “If you picked 20, I think a whole bunch of us would believe it.”

Quantum computing stocks have skyrocketed since Google parent Alphabet announced a chip breakthrough in early December.

IonQ stock dived 10.75% Tuesday night. Rigetti stock and Quantum Computing skidded 12.9%. D-Wave Quantum stock lost 14.1%.
https://www.msn.com/en-us/news/technology/quantum-computing-stocks-dive-after-nvidia-ceo-says-tech-15-30-years-away/ar-AA1x8Tix?ocid=hpmsn&cvid=b6867ac1a5d648dbb0124fca9e93e8b3&ei=31

QBTS, off from the high last week, but not tanking either

qbts...........................https://stockcharts.com/h-sc/ui?s=qbts&p=W&b=5&g=0&id=p86431144783

QBTS, not of gas yet, in my opinion

Sure but it’s easier to just to click on my name and see all my posts…🥳

OK, so I didn't need to give you a follow. I could just follow your posts as I was doing. No problem.

I do not send private alerts… all my alerts are posted on respective boards…🥳

I clicked your follow button about a week ago. I haven't gotten any alerts yet. Have you not sent any out or am I missing something ?

Im back in

https://open.substack.com/pub/stateofthefuture/p/willow-and-the-race-to-quantum-advantage?r=b93cb&utm_medium=ios

https://news.northwestern.edu/stories/2024/12/first-demonstration-of-quantum-teleportation-over-busy-internet-cables/
This is huge..

Oh look right back up! The analysts are scamming you..IMO

"Financial giants have made a conspicuous bearish move on D-Wave Quantum(QBTS). Our analysis of options history for D-Wave Quantum(QBTS) revealed 9 unusual trades." -This is bullshit. They're trying to buy more at reduced prices- IMO

This is a bear trap this stock is going to take off...IMO

Sold. 

https://news.northwestern.edu/stories/2024/12/first-demonstration-of-quantum-teleportation-over-busy-internet-cables/

My ($5.00)BUY and (12/16/24)HOLD still looking good.....
Glad I didn't sell when traders were jumping out......
I'm old school......

tiny gamble for me

QBTS, 10 day hourly

I'm thinking this and the other Quantum stocks might dip and fill their gaps before the end of the year. If so, I'm picking up more.

QBTS........................https://stockcharts.com/h-sc/ui?s=QBTS&p=W&b=5&g=0&id=p86431144783

https://ionq.com/careers#open-positions good video on the IONQ jobs page off their website.

More will have to own for the risk of missing out at an opportunity similar to NVIDIA early entry. Plenty of Window dressing Buys alone will be enough to sustain price imho. 

sold all shares for a profit 

wacky trading performance today 

without news this is a flipper stock

good luck to all

i picked ip 11375 shares yesterday

im pretty good at picking lows but cant figure out when to sell 
i just feel that without makor news of contracts from the company 
this is a flipper stock ( for me ))

I sold half of my shares yesterday at $9.88 for 100% profits. I hope to see $5 in the next few days and will buy back. Just my best guess.

Now is the time for a major announcement!i. Imho

Now is the time for a major announcement!i. Imho

qbts.......................https://stockcharts.com/h-sc/ui?s=qbts&p=W&b=5&g=0&id=p86431144783

News of technical compliance isn't real news. It is good news, but we need some contract news here !!!

NEWS OUT: D-Wave Maintains SOC 2 Type 2 Compliance, Reinforcing Commitment to Delivering Secure, Enterprise-Grade Quantum Computing Solutions
07:00:00 AM ET, 12/18/2024 - Business Wire
SOC 2 Type 2 compliance part of company’s ongoing efforts to support customers’ production deployments of quantum applications

PALO ALTO, Calif.--(BUSINESS WIRE)--Dec. 18, 2024--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the successful completion of its second SOC 2® Type 2 audit as of November 25, 2024, maintaining this rigorous compliance and marking its ongoing commitment to customer data security and protection. This milestone follows D-Wave’s previous successful SOC 2 Type 2 audit completed in December 2023.

As organizations consider where to run business-critical applications, they are increasingly seeking trusted vendors to help reduce risk and meet standards like SOC 2. Achieving SOC 2 Type 2 compliance serves as an independent attestation to D-Wave’s dedication to ensuring customer data is protected. The renewed compliance comes as D-Wave is implementing a number of measures to support customers’ production deployments of quantum applications. In October 2024, the company announced the introduction of service-level agreements (SLAs) specifically tailored for the Leap™ quantum cloud service customers who are transitioning applications into production. By establishing formal SLAs, D-Wave stands behind the high levels of availability, reliability and scalability of its Leap cloud service and its ability to support requirements for commercial-grade quantum and hybrid-quantum applications.

“At D-Wave we maintain a focused effort to provide commercial-grade security measures and mitigate risk for enterprises looking to scale their deployment of quantum computing solutions,” said Dr. Trevor Lanting, chief development officer at D-Wave. “With customers increasingly using our quantum solutions to support daily operations, security is paramount. Our SOC 2 compliance recognizes our leadership in using industry-standard best practices to protect our customers’ data.”

The SOC 2 Type 2 audit was conducted by leading compliance assessor A-LIGN, a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks. Established by the American Institute of Certified Public Accountants (AICPA), the SOC 2 examination is designed for organizations of any size, regardless of industry and scope, to ensure the personal assets of their potential and existing customers are protected. SOC 2 reports are recognized globally and affirm that a company’s infrastructure, software, people, data, policies, procedures, and operations have been formally reviewed.

“Congratulations to D-Wave for once again completing its SOC 2 audit, a widely recognized signal of trust and security,” said Steve Simmons, COO of A-LIGN. “It's great to work with organizations like D-Wave, who understand the value of expertise in driving an efficient audit and the importance of a high-quality final report.”

D-Wave will continue to annually perform SOC 2 Type 2 assessments and make the latest report available to current or potential customers upon execution of a nondisclosure agreement.

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

ABOUT A-LIGN

A-LIGN is the only end-to-end cybersecurity compliance solutions provider with readiness to report compliance automation software paired with professional audit services, trusted by more than 4,000 global organizations to help mitigate cybersecurity risks. A-LIGN uniquely delivers a single-provider holistic approach as a licensed CPA firm to SOC 1 and SOC 2 Audit services, accredited ISO 27001, ISO 27701 and ISO 22301 Certification Body, HITRUST CSF Assessor firm, accredited FedRAMP 3PAO, authorized CMMC C3PAO, PCI Qualified Security Assessor Company, and PCI SSC registered Secure Software Assessor Company. Working with growing businesses to global enterprises, A-LIGN’s experts and its compliance automation platform, A-SCEND, are transforming the compliance experience. For more information, visit www.A-LIGN.com.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.


View source version on businesswire.com: https://www.businesswire.com/news/home/20241218338373/en/

Media Contact:

There are some who would have this stock fail. There are some who believe they are not well financed. They are wrong . They just completed there equity offering for 175 million and they definitely have the goods and a new contract ! Good luck to all!!! Aimho

IONQ vs QBTS

check out friday options expiration 
incredible  volume in the 8 and 9+ price range 

It hit that Gap and bounced right back up ! ! !

QBTS, new 52 week high