Why D-Wave Quantum Stock Is Soaring Today
Shares of D-Wave Quantum (NYSE: QBTS) are moving higher today, up 14.1% as of 3:43 p.m. ET. The jump comes as the S 500 and Nasdaq Composite were mostly flat.
In an interview released Tuesday, one of this year's Nobel Prize winners in physics told Bloomberg that China is catching up to the United States in what he describes as a "real race" between the two nations to build a viable quantum computer.
In 2019, when John Martinis was a lead researcher in 's Google Quantum AI Lab, the physicist believed China's quantum technology to be about three years behind that of the U.S. But now, Martinis says China has "caught up" and is only "nanoseconds" behind.
Source Fool.com
Alphabet Inc. A Stock
€270.60
-0.700%
The stock is one of the favorites of our community with 146 Buy predictions and 4 Sell predictions.
As a result the target price of 306 € shows a slightly positive potential of 13.08% compared to the current price of 270.6 € for Alphabet Inc. A.
