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D-Wave Quantum (QBTS) has experienced a surge in its stock, despite reporting a wider-than-expected earnings loss

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D-Wave Quantum (QBTS) has experienced a significant surge in its stock, rising over 100% in the past week .

The company reported a wider-than-expected earnings loss for its fourth quarter .

Despite its operating losses, the company’s forward-looking revenue forecast exceeds $10 million .

CEO Alan Baratz described the achievement as reaching “ the Holy Grail of quantum computing”.

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