Stock Market Today, April 15: D-Wave Quantum Inc. Surges as Nvidia’s Ising Models Fuel Rally in Quantum Stocks
D-Wave Quantum (NYSE:QBTS), a quantum computing systems and services provider, closed Wednesday at $20.81, up 22.63%. The stock moved higher as Nvidia’s new open‑source Ising quantum AI models fueled a broad rally in quantum computing names. Investors are watching how D-Wave converts recent enthusiasm into sustained bookings and revenue growth.
The company’s trading volume reached 90.2 million shares, which is about 227% above compared with its three-month average of 27.6 million shares. D-Wave Quantum IPO'd in 2020 and has grown 105% since going public.
How the markets moved today
S&P 500 (SNPINDEX:^GSPC) added 0.80% to finish Wednesday at 7,022.95, while the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 1.59% to close at 24,016. Within quantum computing, industry peers IonQ (NYSE:IONQ) closed at $43.25 (+20.95%) and Rigetti Computing (NASDAQ:RGTI) finished at $19.11 (+13.28%) as investors bid up sector growth stories.
What this means for investors
D-Wave Quantum shares rose sharply as Nvidia’s open-source Ising-based models renewed interest in quantum optimization, an area also addressed by D-Wave’s quantum annealing systems. This momentum boosted the broader quantum computing sector and led to increased trading activity and options positioning, suggesting the rally reflects sector-wide enthusiasm rather than company-specific news.
That backdrop contrasts with D-Wave’s commercial performance, where bookings and sales targets remain under review despite strong revenue growth from a small base. The surge demonstrates how quickly capital can shift to early-stage technologies when related advances occur. Investors will watch to see if interest in quantum optimization leads to measurable bookings growth and customer adoption for D-Wave, rather than remaining confined to trading-driven momentum linked to external AI developments.
Should you buy stock in D-Wave Quantum right now?
Before you buy stock in D-Wave Quantum, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and D-Wave Quantum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $573,160!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,204,712!*
Now, it’s worth noting Stock Advisor’s total average return is 1,002% — a market-crushing outperformance compared to 195% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of April 15, 2026.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends IonQ. The Motley Fool has a disclosure policy.
Recommended Articles
