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US Quantum‑Tech Stocks D‑Wave and QuantumScape Experience Sharp Moves
D‑Wave Quantum's shares dropped about 9% after a brief 2.3% gain, a swing linked to a Trump administration order promoting a powerful quantum computer and post‑quantum cryptography. Analysts note the company is projected to remain unprofitable through at least 2030, despite potential government subsidies.
QuantumScape, a solid‑state battery developer, edged up 0.9% as retail investors pushed back against Jim Cramer's bearish commentary. The firm recently signed a joint research agreement with Honda Motor, and its cash runway is reported to extend to 2029, though it still lacks commercial revenue and remains down 31% year‑to‑date.