"Bank of America described quantum computing as potentially "humanity's biggest breakthrough since the discovery of fire," underscoring its transformative potential across various sectors."
"B. Riley raised the price target for D-Wave Quantum (QBTS) to $22 a share, reflecting growing optimism in quantum technology and its market impact."
Quantum computing is viewed as a transformative development, potentially humanity's biggest breakthrough. D-Wave Quantum's stock is rising, recently trading at $19.21 with expectations to test $25. B. Riley has raised their price target for D-Wave to $22, with other firms like Canaccord also initiating coverage with a buy rating of $20. The technology holds promise for revolutionizing numerous fields, including drug discovery, artificial intelligence, and green energy, leading to significant government investments exceeding $40 billion over the next decade.
Read at 24/7 Wall St.
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