D-Wave's Quantum Breakthrough Sends Quantum Stocks Soaring

D-Wave Quantum has announced a significant breakthrough in quantum computing, claiming "quantum computational supremacy" with its annealing quantum computer. This led to a surge in D-Wave's stock and a rally in other quantum computing stocks like IonQ and Rigetti Computing. The breakthrough was detailed in a peer-reviewed study published in Science, demonstrating the quantum computer's ability to solve complex simulations faster than traditional supercomputers. CEO Alan Baratz emphasized the practical applications of this technology, which could impact various industries, despite the ongoing challenges in developing fully error-corrected quantum computers.