Overview

• The Federal Reserve reduced its benchmark rate by 25 basis points to 4.00%–4.25%, marking a fourth consecutive cut that supported risk appetite for growth stocks.
• At its Qubits Japan 2025 event in Tokyo, D-Wave reported approximately 83% year-over-year bookings growth in the Asia-Pacific region.
• The company highlighted customer pilots including a quantum AI drug discovery project with Japan Tobacco and an NTT DOCOMO initiative that reduced mobile network congestion by 15%.
• QBTS has climbed over 2,200% in the past year, rising from about $0.89 in October 2024 to a $22.54 close on Wednesday.
• Benzinga’s Edge Rankings showed a Momentum score of 99.75 for the stock, indicating exceptional recent price strength.