These 10 Stocks Moved the Market This Week, Here’s Why

3. D-Wave Quantum Inc. (NYSE:QBTS)

Shares of D-Wave Quantum surged by 40.2 percent week-on-week to end at $11.09 last Friday, versus the $7.91 finish a week earlier after its earnings soared in the first quarter of the year.

On Thursday, D-Wave Quantum Inc. (NYSE:QBTS) said 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.

Albeit still in the red, the higher figures helped narrow the company’s net loss 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.