We recently published a list of 10 Surprising Stocks That Skyrocketed Today. In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other Friday’s top performers.
The stock market finished the trading week in the green territory as investors looked past the series of mixed corporate earnings performance and inflation worries, amid the easing trade tensions between the US and China.
The Dow Jones climbed by 0.78 percent, while the S&P 500 and the tech-heavy Nasdaq grew by 0.70 percent and 0.52 percent, respectively.
Beyond major indices, 10 companies—predominantly Bitcoin miners and quantum computing firms—registered a strong finish, thanks to fresh corporate developments boosting investor appetite.
In this article, we name Friday’s 10 top performers and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.
A modern computer datacenter, running an advanced quantum computer system.
D-Wave Quantum saw its share prices increase by 11.06 percent on Friday to finish at $12.25 apiece as investor sentiment was boosted by its strong earnings performance in the first quarter of the year.
In a statement, D-Wave Quantum Inc. (NYSE:QBTS) said it narrowed its net loss by 69 percent to $5.4 million from the $17.3 million registered in the same period last year, thanks to a $12.2-million increase in gross profit associated with the sale of a quantum computing system.
Revenues for the period expanded by 509 percent to $15 million from $2.5 million year-on-year, primarily driven by the sale of a quantum computing system during the period.
“The first quarter of 2025 was arguably the most significant in D-Wave’s history, especially in terms of our unique ability to deliver quantum value today to our customers and the scientific community,” said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz.
“We recognized revenue on our first Advantage system sale to a major research institution, moved an additional customer application into commercial production, and became the first to demonstrate quantum supremacy over classical computing on a useful real-world problem. The end result was a record revenue and gross profit quarter,” he noted.
Overall, QBTS ranks 4th on our list of Friday’s top performers. While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than QBTS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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