D-Wave Quantum Inc. (QBTS) surged 31.90 percent to $17.35 on Tuesday after announcing the general availability of its Advantage2 quantum computing system.
The stock opened at $15.34 and hit a high of $17.30 during intraday trading. Volume skyrocketed to 185.7 million shares, nearly triple its average of 64 million. QBTS is now trading at the top end of its 52-week range of $0.75 to $17.30.
The new system, featuring the company's most advanced processor yet is designed for commercial applications in optimization, materials simulation, and AI, addressing problems beyond the capabilities of classical computing.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.