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D-Wave Surges 27% After Launching New Quantum System
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Tyler Dupont
May 21, 2025
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Tyler Dupont  Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
D-Wave Surges 27% After Launching New Quantum System
Shares of D-Wave Quantum (QBTS) jumped 27% after unveiling Advantage2, its most advanced quantum computer. CEO Alan Baratz called it 'an engineering marvel' with enhanced coherence and qubit connectivity, capable of solving problems beyond classical systems.
Google stock slips after AI announcements at I/O
Alphabet shares fell 1.5% to $164 following Google I/O, where new AI tools like 'AI Mode' and a $249.99/month Gemini 2.5 service were unveiled. Analysts raised concerns about AI's impact on search ads despite new features like Project Astra and Jules.
S&P 500 slips as FICO plunges on housing official comments
The S&P 500 fell 0.4%, snapping a six-day rally. FICO dropped 8.1% after FHFA's Bill Pulte criticized its pricing. Moderna rose 6.1% on new FDA booster guidance. Dollar Tree, Dollar General gained as tariff fears mount. Regeneron jumped 3.2% after buying 23andMe.
🪙 Crypto
Mutuum Finance Presale Nears Completion Amid 140% ROI Promise
Mutuum Finance (MUTM) raised $8.9M and sold 500M tokens in its presale, now 90% filled at $0.025. With a $0.06 launch price and projected post-launch surge to $2.50, analysts forecast up to 9,900% ROI. Its lending model and buy pressure aim to outpace Solana’s momentum-driven growth.
🌎 Global Economy
Oil falls as weak global demand offsets supply gains
WTI and Brent crude slipped to $62.56 and $65.44 per barrel amid OPEC+'s plan to boost output by 411,000 barrels/day. Sluggish demand from China, EU’s 2025 growth downgrade, and stalled US-Iran talks are weighing on prices amid ongoing tariff-driven trade tensions.
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