D-Wave Quantum (QBTS) Gets 20% Boost on Expected Business Updates

We recently published Santa Came Early for These 10 Double-Digit Gainers. D-Wave Quantum Inc. (NYSE:QBTS) is one of the best performers on Monday.

D-Wave Quantum soared for a third straight day on Monday, jumping 20.02 percent to close at $32.19 apiece as investors loaded portfolios ahead of expected business updates from a conference early next month.

In a statement, D-Wave Quantum Inc. (NYSE:QBTS) said that it would participate in the CES 2026, a two-day event at the Fontainebleau Las Vegas on January 7 and 8, 2026.

The conference aims to tackle issues and updates about how the artificial industry, quantum computing, and blockchain are shaping the next era of technological innovation.

D-Wave Quantum Inc. (NYSE:QBTS), for its part, said that it would showcase its award-winning annealing quantum computing technology, hybrid quantum-classical solvers, and real-world customer use cases that are demonstrating measurable performance benefits, often beyond classical computing alone.

Meanwhile, D-Wave Quantum Inc. (NYSE:QBTS) Vice President for Quantum Technology Evangelism Murray Thom would also present a masterclass and demo, educating attendees about how to realize value from quantum computing today.

D-Wave Quantum (QBTS) Gets 20% Boost on Expected Business Updates

Charts on the computer

In other news, D-Wave Quantum Inc.’s rally (NYSE:QBTS) may have also been buoyed by the quarterly and year-end window-dressing—a practice common among institutional investors, where they tweak portfolios before the reporting periods by loading up on well-performing stocks and trimming those that underperform to present a stronger portfolio to clients.

While we acknowledge the risk and potential of QBTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than QBTS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.