Stock Market Today, June 23: D-Wave Quantum Jumps After Trump Signs Executive Orders Boosting Quantum Adoption
On June 23, 2026, White House action accelerated momentum for quantum computing and encryption providers like D-Wave Quantum.
On June 23, 2026, White House action accelerated momentum for quantum computing and encryption providers like D-Wave Quantum.
In the last month, shares of D-Wave Quantum Inc. NYSE: QBTS have fallen by about 13% amid a broader selloff in the AI space that has impacted many firms across the tech space.
Quantum computing stocks rose after President Trump signed two executive orders aimed at strengthening the U.S. quantum computing ecosystem.
President Trump's latest push into quantum computing is arriving at an interesting moment.
The orders aim to speed the development of the advanced computers and mitigate the security threats they pose.
IonQ is the leader in accurate quantum computing. D-Wave already has a viable quantum computing product available for use.
QBTS signs a $100M LOI under the CHIPS and Science Act, signaling federal backing that could accelerate its quantum computing R&D and qubit roadmap.
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced its forthcoming gate-model quantum computing simulator, which is expected to be the first of its kind designed for error-aware programming. The announcement marks the next step in D-Wave's gate-model roadmap and comes just weeks after the Company outlined its dif.
The superconducting qubit approach is fast but lags in accuracy. So far, trapped-ion qubit technology leads in accuracy, but is much slower.
Rigetti's technology is progressing, but its revenues are still too small to justify the stock's valuation with much confidence. Record revenue growth, a large backlog, and rising guidance make IonQ the sector leader, but it still trades at a premium valuation.
QBTS is drawing comparisons to NVIDIA as D-Wave expands its quantum ambitions, but a rich valuation raises the stakes for future execution.
Shares of four major quantum computing names are sliding in unison Tuesday afternoon, reversing nearly all of Monday's sharp rally.
Quantinuum's arrival on the stock market is separating quantum computing's contenders from its pretenders.
D-Wave Quantum TodayQBTSD-Wave Quantum$26.29 +2.92 (+12.49%) As of 06/15/2026 04:00 PM Eastern52-Week Range$12.75▼$46.75Price Target$36.80Add to WatchlistAs Q2 2026 wraps up, the quantum computing race is as fierce as ever, and established pure-play companies like D-Wave Quantum Inc. NYSE: QBTS are facing new pressures. On one hand, D-Wave has to contend with increased activity in the quantum space by larger tech companies like Intel Corp. NASDAQ: INTC and IBM Corp. NYSE: IBM, both of which have made big pushes with new investments or major partnerships that leverage their size and operational advantages.
Today, June 15, 2026, investors weigh a bold logical-qubit roadmap and rapid revenue growth against mounting valuation risks.
QBTS holds its bullish breakout structure after a successful retest of key support, with volume strength and reclaimed moving averages signaling continuation potential higher.
An upbeat outlook on a quantum-computing stock lifted the sector Monday.
A Mizusho analyst has upwardly revised the price target on D-Wave Quantum stock. Two analysts hiked price targets in early June.
D-Wave just got a price target hike. Does IonQ stock deserve to go up because of that?
D-Wave just got a price target hike. Does Rigetti stock deserve to go up because of that?