Overview

• D‑Wave Quantum shares rose about 51.4% over the week, far outpacing major stock indexes.
• The Federal Reserve cut rates by 0.25 percentage point, and Chair Jerome Powell signaled the likelihood of two additional cuts this year.
• Rigetti Computing announced a three‑year, $5.8 million Air Force Research Lab contract, which investors treated as a positive read‑through for quantum peers.
• There was no new government contract disclosed for D‑Wave, and the rally reflected broader enthusiasm for quantum names rather than company‑specific deals.
• A Cyberscoop report said the Trump administration is considering executive measures to support U.S. quantum efforts, and TV host Jim Cramer highlighted how such headlines can energize speculative quantum stocks.