10 Unexpected Market Movers – What Propelled Double-Digit Gains?

1. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum Inc. skyrocketed by 51.23 percent on Thursday to end at $10.42 apiece after its earnings soared in the first quarter of the year.

On Thursday, D-Wave Quantum Inc. (NYSE:QBTS) announced that its revenues expanded by 508 percent to $15 million from $2.465 million in the same period last year, primarily driven by the sale of a quantum computing system during the period.

This pushed its net loss to shrink by 69 percent to $5.421 million from $17.312 million year-on-year.

“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 underscored.

While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than QBTS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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