D-Wave Quantum shares slip 8% after Q3 earnings show weaker bookings
D-Wave Quantum reported Q3 revenue up 21% but bookings fell 19%, widening its adjusted EBITDA loss and sending the stock down 8% in morning trade.
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D-Wave Quantum reported Q3 revenue up 21% but bookings fell 19%, widening its adjusted EBITDA loss and sending the stock down 8% in morning trade.
AST SpaceMobile surged after revealing a $1.4 billion investment plan for its new Rakuten AST venture in Japan, while reporting Q3 revenue below estimates.
Benjamin Cowen links the current equity sell‑off to a historic fourth‑quarter cycle, warning that Bitcoin could fall to a $44,000 floor within months.
Bitcoin fell to $75,618, its lowest in seven weeks, as AI‑related market turmoil and US midterm election results rattled risk assets, before rebounding to just over $80,000.
The Nasdaq 100 shed a record $2.3 trillion in market value on Tuesday, driven by a sharp AI‑stock decline and a 70% jump in the VIX.
Michael Saylor noted that Bitcoin fell about 5% as the Nasdaq plunged 5.5%, while Strategy’s preferred stock traded near its $100 par after moving to daily dividends.
Wall Street lost roughly $2 trillion in market value within an hour after Democrats secured Congress, sparking a sharp decline in AI‑related chip stocks and broader indices.
Agility Robotics went public via a $465 million SPAC merger, becoming the United States’ first publicly traded company focused on humanoid robots.
Bitquery’s analysis of 121 stocks over 17 weekends shows token price moves predict Monday openings only marginally better than always assuming a rise.