Wall Street is hot on quantum computing stocks, but Google's quantum chip does not actually possess computing power.

Google unveiled its new "quantum chip" Willow this Tuesday, causing its parent company Alphabet and related Stocks to surge significantly this week. However, Analysts indicate that quantum computing is still a long way from any commercial use and advise investors not to get overly excited due to the recent rise.

wallstreetcn07:28

D-Wave Quantum(QBTS.US) 10% Shareholder Sells US$78.77 Million in Common Stock

$D-Wave Quantum(QBTS.US)$ 10% Shareholder PUBLIC SECTOR PENSION INVESTMENT BOARD sold 18.37 million shares of common stock on Dec 10, 11, 12, 2024 at an average price of $4.287 for a total value of $7

Futu News06:52

Craig-Hallum Maintains D-Wave Quantum(QBTS.US) With Buy Rating

Futu NewsDec 12 22:31 · Ratings

Roth MKM Maintains D-Wave Quantum(QBTS.US) With Buy Rating, Raises Target Price to $7

Futu NewsDec 12 21:31 · Ratings

Quantum-Classical Computing Disrupting Weather Forecasting While Creating a Billion Market

GlobeNewswireDec 12 21:30

Roth MKM Maintains Buy on D-Wave Quantum, Raises Price Target to $7

BenzingaDec 12 21:20 · Ratings