The stocks were slammed last week, when Nvidia’s CEO said it would take decades for the technology to become “very useful.”

D-Wave Quantum Inc. partners with Carahsoft to distribute quantum computing solutions to Public Sector via reseller network and procurement contracts.

Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.

D-Wave is a strong buy in the quantum computing market, with a first-mover advantage and promising revenue forecasts. Read more on QBTS stock here.

Recent financial results reveal the early-stage nature of D-Wave's business model. The company's core quantum computing service revenue grew 41% year over year in Q3 2024, highlighting the increasing adoption of its platform. However, total revenue declined 27% to $1.9 million due to timing variations in professional services contracts.

D-Wave Quantum Inc. (NYSE: QBTS) is a pioneering company in the rapidly evolving quantum computing sector. D-Wave has recently seen its stock experience a rebound after a decline. This resurgence is attracting the attention of investors,

D-Wave (QBTS) has been on a wild ride over the past 52 weeks, with shares up 638% in that time frame. The gains have been driven by renewed investor enthusiasm for quantum computing stocks, with many betting that 2025 will be a transformational year for the industry.