10 Surprising Stocks That Skyrocketed Today

4. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum saw its share prices increase by 11.06 percent on Friday to finish at $12.25 apiece as investor sentiment was boosted by its strong earnings performance in the first quarter of the year.

In a statement, D-Wave Quantum Inc. (NYSE:QBTS) said it narrowed its net loss by 69 percent to $5.4 million from the $17.3 million registered in the same period last year, thanks to a $12.2-million increase in gross profit associated with the sale of a quantum computing system.

Revenues for the period expanded by 509 percent to $15 million from $2.5 million year-on-year, primarily driven by the sale of a quantum computing system during the period.

“The first quarter of 2025 was arguably the most significant in D-Wave’s history, especially in terms of our unique ability to deliver quantum value today to our customers and the scientific community,” said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz.

“We recognized revenue on our first Advantage system sale to a major research institution, moved an additional customer application into commercial production, and became the first to demonstrate quantum supremacy over classical computing on a useful real-world problem. The end result was a record revenue and gross profit quarter,” he noted.