Options Corner: Betting On A Near-Term Pullback In D-Wave Quantum

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Easily ranking among the hottest sectors in the market, quantum computing has taken the investing ecosystem by storm, boosting shares of D-Wave Quantum (NYSE:QBTS) into the stratosphere.

While Fortune Business Insights predicts the U.S.quantum computing market to reach a valuation of $1.2 billion by 2030, the present multiples against key financial metrics worry the market expert.

Last month, Alphabet Inc's (NASDAQ:GOOG, NASDAQ:GOOGL) Google Quantum AI unit announced its latest quantum chip called Willow, which can perform advanced calculations at an exponentially accelerated rate.

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Category: Technology

Markets: United States

Topics: Stories That Matter US38259P7069 Short Ideas GOOG Options Top Stories Tech GOOGL Quantum Computing US38259P5089 Benzinga Options Trade of the Day QBTS Equities Movers

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Published On: 2025-01-06 @ 19:56:36 (1 days ago)

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