These 10 Stocks Soared by Double Digits Today!

5. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum surged by 23.96 percent on Thursday to finish at $19.04 apiece, as investors continued to gobble up shares following the launch of a new quantum computer, which is said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer.

Called the Advantage2, it is said to be capable of addressing real-world use cases in areas such as optimization, materials simulation, and artificial intelligence (AI).

“[The launch] marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole, as we bring to market our sixth-generation quantum computer, a system so powerful that it can solve hard problems outside the reach of one of the world’s largest exascale GPU-based classical supercomputers,” said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz.

Customers are now able to access the Advantage2 system through the company’s LeapTM real-time quantum cloud service, which is available in more than 40 countries and offers 99.9 percent availability and uptime, sub-second response times, and SOC 2 Type 2 compliance to meet enterprise needs and security requirements.