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0.00706597107574452 0.0114684452662397 0.0103678267186157 0.0565938057188138 0.0433863831473288 0.0852208941425081 0.0764049395760418 0.0527416408021308
Stock impact report

What's Behind The 500% Rise In QBTS Stock? [Forbes]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Forbes
screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The stock price of D-Wave Quantum (NYSE: QBTS), a quantum computing company, is up a whopping 500% in a month. D-Wave specializes in creating quantum computers that leverage quantum annealing technology to address complex optimization challenges. Unlike conventional computers that operate using binary bits that can only be either one or zero at any given moment, quantum computers employ qubits that can simultaneously exist in multiple states. This enables quantum computers to perform complex calculations with fundamentally different computational capabilities. This enables quantum computers to process sizable amounts of data and explore countless potential outcomes at once. The application of quantum computing could range from financial modeling and drug discovery to materials science, among others. However, there is a fundamental challenge in quantum c Show less Read more
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