Shares of D-Wave Quantum (NYSE: QBTS) jumped on Thursday, finishing up 14%. The spike comes as the S&P 500 (SNPINDEX: ^GSPC) was flat and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%.<\/p>\n
The quantum computing stock<\/a> is moving along with the rest of the quantum market after Rigetti Computing announced it sold two of its Novera quantum computing systems. The news is a big win for the company, as the combined $5.7 million value of the orders represents more than half of the company’s entire top line in 2024. It was taken as a bullish sign for quantum in general, helping to lift D-Wave stock as well.<\/p>\n D-Wave’s own announcement earlier this week is also driving shares higher. The company said it worked with the North Wales Police Department “to optimize placement of police vehicles for emergency response” in a joint test of its technology. D-Wave says that it was able to reduce average response times by 50%, demonstrating the “real-world potential across private and public sectors” of its technology.<\/p>\n The potential of quantum is enormous, but the technology is earlier in its development than investors believe it to be, and what I think many of these companies are hoping for. D-Wave’s press release is noticeably light on critical details like how much of its “hybrid-quantum solver” is quantum and how much is classical.<\/p>\n D-Wave’s $10 billion market cap<\/a> is hard to justify, with sales last year of just $8.8 million. I would look to Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) for a better quantum play.<\/p>\n Ever feel like you missed the boat in buying the most successful stocks? Then you\u2019ll want to hear this.<\/p>\n On rare occasions, our expert team of analysts issues a \u201cDouble Down\u201d stock<\/a> recommendation\u00a0for companies that they think are about to pop. If you\u2019re worried you\u2019ve already missed your chance to invest, now is the best time to buy before it\u2019s too late. And the numbers speak for themselves:<\/p>\n Nvidia:\u00a0if you invested $1,000 when we doubled down in 2009,\u00a0you\u2019d have $485,622!*<\/p>\n Apple: if you invested $1,000 when we doubled down in 2008, you\u2019d have $48,550!*<\/p>\n Netflix: if you invested $1,000 when we doubled down in 2004, you\u2019d have $631,456!*<\/p>\n Right now, we\u2019re issuing \u201cDouble Down\u201d alerts for three incredible companies, available when you join\u00a0Stock Advisor, and there may not be another chance like this anytime soon.<\/p>\n See the 3 stocks \u00bb<\/a><\/p>\n *Stock Advisor returns as of September 29, 2025<\/p>\n Johnny Rice<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy<\/a>.<\/p>\n Image source: Getty Images. <\/p>\n