10 Stocks Are Dominating Like Wall Street Titans

6. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum grew its share prices by 13.05 percent on Friday to finish at $18.62 apiece as investors resumed buying following news that its new quantum computer, said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer, is now generally available in the market.

Called the Advantage2, the new quantum computer features a 4,400+ qubit processor with improved coherence and connectivity. It targets real-world applications in optimization, materials simulation, and AI, and features a 75 percent reduction in noise and a 40 percent energy scale increase over the predecessor Advantage(TM) quantum system.

In other news, D-Wave Quantum Inc. (NYSE:QBTS) recently raised $95.8 million from the issuance of warrants.

Under the transaction, approximately 8.33 million warrants were exercised at a price of $11.50 apiece.

The warrants were assumed by D-Wave Quantum Inc. (NYSE:QBTS) in connection with its merger with DPCM Capital Inc., which was completed on August 5, 2022.