10 Firms Buck Broader Market Optimism

7. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum Inc. saw its share prices on Friday decline by 4.89 percent or 0.47 points to finish at $9.14 apiece as investors took profit following yesterday’s gain.

Despite the decline, prospects for the company remained strong, with optimism bolstered by quantum advancements led by Google’s Willow chips and Amazon’s Quantum Embark.

Analysts believe that the company will benefit from the advancements in the quantum computing sector especially as it is expected to be at the forefront of technological advancements, particularly AI, over the next few years.

US lawmakers also announced support for quantum computing development, recently promising $2.7 billion in government funding to supercharge quantum innovation across computing, sensing, and communications.