But what has happened to it in the last 24 hrs to cause it to surge in value

In the last 24 hours, D-Wave Quantum's stock (QBTS) has experienced a significant surge in value, with a notable increase of 14.81% on July 17, 2025. This rise can be attributed to several factors: 1. **Equity Offering**: D-Wave Quantum has raised $400 million through an equity offering, which has boosted its cash reserves significantly. This strategic move is aimed at supporting the company's growth initiatives and has increased its financial flexibility. 2. **Strategic Collaborations**: The company's partnership with Zapata AI to advance quantum-enabled machine learning has brought together powerful generative AI and quantum computing technologies. This collaboration is expected to develop industrial-grade machine learning applications, accelerating new discoveries and solving complex optimization problems. These developments have likely contributed to the positive sentiment surrounding D-Wave Quantum, leading to an increase in investor confidence and a surge in the stock price. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |QBTS|QBTS.N|D-Wave Quantum|20250717|14.989946777055001|169| |code|Ticker|Name|Date|Pre-Market Percentage Change|market_code| |---|---|---|---|---|---| |QBTS|QBTS.N|D-Wave Quantum|20250717|1.6558249556475526|169| |code|Ticker|Name|Date|Post-Market Percentage Change|market_code| |---|---|---|---|---|---| |QBTS|QBTS.N|D-Wave Quantum|20250717|-12.882489071740801|169|