🇺🇸 SECD-Wave Quantum Inc.Codex · 实盘不做把握 5/10
北京时间·🕒 发布 19:01:47时区推断·待核·⟳ 抓取 11:24:56·⚡ 决策 07-27 19:04:57 +7h40m·91.8 天前
D-Wave 披露 AT&T 签署扩大使用其量子计算技术的协议
AT&T 属于外部大型企业客户，本次协议扩大使用 D-Wave 量子计算技术，对 QBTS.US 的商业化验证方向为正面。
📄 原文D-Wave Quantum Inc.↗ 原文
Item 7.01 Regulation FD Disclosure · Item 9.01 Financial Statements and Exhibits
Directory List of /Archives/edgar/data/1907982/000190798226000117 Search Options Skip to Main Content About What We Do…
不做 D-Wave Quantum（QBTS.US）
AT&T 扩大使用协议方向正面但金额、期限和收入确认均未披露，且 AT&T 合作关系6月已公开；对约59亿美元市值的 QBTS.US 缺少可量化短线增量，不做。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
消息传播链
- 6月投资者日已披露 AT&T 正在与 D-Wave 合作，探索 technician routing optimization 和网络运营相关用例，说明客户关系不是今天首次出现。
- D-Wave 提交 8-K，附件文件名显示 AT&T 签署扩大使用 D-Wave 技术的协议，是本次新增披露。市场反应:QBTS.US 最新价16.21美元，较前收17.10美元低5.20%，但该报价来自最近收盘/盘前不可连续成交环境，不能确认正向重定价。
关键理由
- AT&T 属于外部大型企业客户，本次协议扩大使用 D-Wave 量子计算技术，对 QBTS.US 的商业化验证方向为正面。
- 但 AT&T 与 D-Wave 合作并非首次出现，6月投资者日已公开 AT&T 正在使用 D-Wave 技术探索网络运营优化，今天新增的是扩展协议而非首次选型。
- 未披露金额、期限或收入确认节奏；以 D-Wave 约59.45亿美元市值和一季度收入290万美元、RPO 4240万美元看，缺少可量化增量，难以判断短线重定价空间。
主要风险
- 协议金额未披露，若只是试点范围扩展或低金额服务合同，对收入和市值弹性可能有限。
- QBTS.US 近20日下跌约26%，量子主题波动大，盘前无法连续成交且开盘跳空方向不确定。
反向证据
- 做多前查反向 · 来源 kb_search · 日期 2026-06-01 · 影响 weakens
内部库命中6月投资者日/业绩材料，显示 AT&T 合作关系此前已公开，削弱“首次大客户突破”的新鲜度。
检索:D-Wave AT&T expand agreement quantum networking QBTS 原文 ↗ - 做多前查反向 · 来源 stock_quote · 日期 2026-07-27 · 影响 weakens
QBTS.US 近20日下跌26.02%、距60日高点约48.62%，主题波动和趋势逆风较强，且盘前不可连续成交。
检索:QBTS.US stock_quote full
工具调用 · 历史记录,结果未知(3 种)
- search_processed_events · 结果未知
- stock_quote · 结果未知
- kb_search · 结果未知
原文全文
展开原文 · 1,661 字
Directory List of /Archives/edgar/data/1907982/000190798226000117
Search Options
Skip to Main Content
About
What We Do
Commissioners
Securities Laws
Reports
Careers
Contact
Divisions
Corporation Finance
Enforcement
Investment Management
Risk, Strategy and Innovation
Trading and Markets
National Exam Program
All Divisions and Offices
Litigation Releases
Administrative Proceedings
Opinions and Adjudicatory Orders
Accounting and Auditing
Trading Suspensions
How Investigations Work
Administrative Law Judges
Regulation
Proposed Rules
Final Rules
Interim Final Temporary Rules
Other Orders and Notices
Self-Regulatory Organizations
Staff Interpretations
Education
Investor.gov
Check Out a Broker or Adviser
Investor Alerts and Bulletins
Fast Answers
File a Tip or Complaint
Publications
Filings
Quick EDGAR Tutorial
Company Filings Search
Descriptions of SEC Forms
Requesting Public Documents
News
Press Releases
What's New
Upcoming Events
News Digest
Webcasts
Special Studies
Speeches and Public Statements
Testimony
Directory Listing /Archives/edgar/data/1907982/000190798226000117
Parent Directory
Name
Size
Last Modified
0001907982-26-000117-index-headers.html
2026-07-27 07:01:47
0001907982-26-000117-index.html
0001907982-26-000117.txt
0001907982-26-000117-xbrl.zip
12726
attsignsagreementtoexpandu.htm
12179
FilingSummary.xml
1614
MetaLinks.json
16711
qbts-20260727.htm
30289
qbts-20260727.xsd
1761
qbts-20260727_htm.xml
2718
qbts-20260727_lab.xml
21629
qbts-20260727_pre.xml
12494
R1.htm
38071
report.css
2766
Show.js
1084
Site Map
Accessibility
Contracts
Privacy
Inspector General
FOIA
No FEAR Act & EEO Data
Open Government
Plain Writing
Links
USA.gov
Search Options
Skip to Main Content
About
What We Do
Commissioners
Securities Laws
Reports
Careers
Contact
Divisions
Corporation Finance
Enforcement
Investment Management
Risk, Strategy and Innovation
Trading and Markets
National Exam Program
All Divisions and Offices
Litigation Releases
Administrative Proceedings
Opinions and Adjudicatory Orders
Accounting and Auditing
Trading Suspensions
How Investigations Work
Administrative Law Judges
Regulation
Proposed Rules
Final Rules
Interim Final Temporary Rules
Other Orders and Notices
Self-Regulatory Organizations
Staff Interpretations
Education
Investor.gov
Check Out a Broker or Adviser
Investor Alerts and Bulletins
Fast Answers
File a Tip or Complaint
Publications
Filings
Quick EDGAR Tutorial
Company Filings Search
Descriptions of SEC Forms
Requesting Public Documents
News
Press Releases
What's New
Upcoming Events
News Digest
Webcasts
Special Studies
Speeches and Public Statements
Testimony
Directory Listing /Archives/edgar/data/1907982/000190798226000117
Parent Directory
Name
Size
Last Modified
0001907982-26-000117-index-headers.html
2026-07-27 07:01:47
0001907982-26-000117-index.html
0001907982-26-000117.txt
0001907982-26-000117-xbrl.zip
12726
attsignsagreementtoexpandu.htm
12179
FilingSummary.xml
1614
MetaLinks.json
16711
qbts-20260727.htm
30289
qbts-20260727.xsd
1761
qbts-20260727_htm.xml
2718
qbts-20260727_lab.xml
21629
qbts-20260727_pre.xml
12494
R1.htm
38071
report.css
2766
Show.js
1084
Site Map
Accessibility
Contracts
Privacy
Inspector General
FOIA
No FEAR Act & EEO Data
Open Government
Plain Writing
Links
USA.gov
决策记录链 · 只追加
每次领取产生一条记录,重新决策追加一条并以 supersedes 指向被替代的记录(ADR 0014)。
这条决策早于决策账本(2026-10-08 起逐条追加),没有追加记录。