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D-Wave Quantum Soars Amid Criticism and Market Rally

11/13/2025

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Summary

Story summary

D-Wave Quantum faces challenges in a competitive market, with stock movements driven largely by market sentiment and a risk-on rally potentially lifting shares 52%.
The company reports 100% year-over-year revenue growth to $3.7 million, while remaining heavily dependent on external investments.
Short-seller Andrew Left criticizes D-Wave Quantum and Rigetti Quantum, citing high R&D costs and Alphabet's competition.
Left says many quantum stocks are overvalued, except Infleqtion, which he views positively.

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Story summary

D-Wave Quantum faces challenges in a competitive market, with stock movements driven largely by market sentiment and a risk-on rally potentially lifting shares 52%.
The company reports 100% year-over-year revenue growth to $3.7 million, while remaining heavily dependent on external investments.
Short-seller Andrew Left criticizes D-Wave Quantum and Rigetti Quantum, citing high R&D costs and Alphabet's competition.
Left says many quantum stocks are overvalued, except Infleqtion, which he views positively.