Brew Markets

D-Wave's Qubits Bet & WOOF FUN: The Story of Ticker Symbols

Nov 10, 2025
The podcast dives into the potential easing of the government shutdown and its impact on the markets. It reviews D-Wave's financial struggles despite a hefty market cap and addresses Tyson Foods' rising beef costs and supply challenges. The fascinating world of stock ticker symbols is explored, revealing how they are assigned and some quirky favorites. Finally, it highlights Warren Buffett's poignant message about Berkshire Hathaway's future leadership. Tune in for insights and market updates!
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INSIGHT

Shutdown Progress Spurs Market Rally

  • The Senate advanced a short-term funding deal that could reopen the government by late January and resolve key program disputes.
  • Markets reacted positively, with major indices jumping on the prospect of an end to the shutdown.
INSIGHT

Quantum Hype Versus Revenue Reality

  • D-Wave (QBTS) commands a market cap near $10B despite minimal revenue and heavy cash burn.
  • The company raises strategic questions about valuing speculative quantum technology firms ahead of real commercialization.
ADVICE

Read The Adjusted Numbers Carefully

  • Watch adjusted metrics like adjusted EBITDA to understand how companies mask cash burn in early-stage tech firms.
  • Treat speculative sector investments cautiously and follow funding sources and government engagement closely.
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