D-Wave is about to make waves. The quantum computing firm announced on Wednesday that, for the first time, it was able to “successfully simulate the properties of magnetic materials” using its Advantage2 annealing quantum computer,

D-Wave's claim that its quantum computers can solve problems that would take hundreds of years on classical machines have been undermined by two separate research groups showing that even an ordinary

Wave's revenue growth still lags behind expenses. Read why upside still appears to be rather long-dated for QBTS stock.