D-Wave Quantum Announces Asia Conference, Sends Shares Up Over 9%
On September 17, 2026, D-Wave Quantum (NASDAQ: QBTS) saw its stock rise by over 9% after announcing the Qubits Asia 2026 conference in Seoul. The event is expected to showcase advancements and customer momentum across APAC for quantum computing technologies. Despite this positive news, concerns remain about D-Wave's financial health. Analysts predict continued losses through at least 2030 with limited cash reserves of $546 million against projected burn rates exceeding $560 million over the next five years. The stock’s sharp rise appears to be an overreaction given these fundamentals and recent interest rate hikes by the U.S. Federal Reserve. The Motley Fool analysts do not recommend D-Wave Quantum as a top investment, highlighting its unprofitable status and lack of sustainable revenue generation.
Topics: conference announcement quantum computing stock price movement