4 Stocks Surging on Quantum, AI & Green Energy News

D-Wave Quantum (NYSE: QBTS) is experiencing explosive trading activity, with shares up approximately $5.75 and volume reaching 50.77 million shares—surpassing its daily average of 50.48 million in less than two hours of trading. The catalyst behind this surge is news that the Trump Administration is reportedly in discussions with quantum computing companies about the Commerce Department taking equity stakes in exchange for federal funding. This potential arrangement mirrors the government’s earlier acquisition of a 10% stake in Intel and could see participating companies receive federal awards worth at least $10 million each.

The significant volume spike and price appreciation reflect investor optimism about federal backing for quantum computing technology. As reported by Forbes, companies agreeing to such deals could secure substantial government funding, creating a powerful tailwind for early-stage quantum firms like D-Wave Quantum. This development represents a potential paradigm shift in how the government supports critical emerging technologies through direct equity participation rather than traditional grants or contracts.

Plug Power (NASDAQ: PLUG) continues its upward trajectory despite trading volume of 22.65 million remaining below its 101 million daily average. However, the stock has demonstrated remarkable intraday volume spikes in recent sessions, ranging between 149 million and 198.2 million shares. The sustained investor interest follows significant analyst upgrades that have bolstered confidence in the company’s prospects.

Earlier this month, H.C. Wainwright raised its price target on PLUG to $7 from $3, maintaining a buy rating and citing surging power costs that make green hydrogen increasingly competitive. Simultaneously, TD Cowen increased its price target to $4.50 with a buy rating following meetings with Plug Power’s CFO that outlined a clear roadmap to profitability. These upgrades highlight growing institutional confidence in green hydrogen’s economic viability amid rising conventional energy costs.

Bitfarms (NASDAQ: BITF) is advancing approximately 1% higher as the company strategically transitions into high-performance computing and AI data centers. While current volume of 27.8 million shares sits below its 75.1 million daily average, the stock has experienced substantial volume spikes in recent days, with intraday trading ranging from 97.6 million to 226 million shares. This investor enthusiasm follows the company’s announcement of a $500 million convertible note to finance its infrastructure expansion.

CEO Ben Gagnon emphasized that the financing provides “the financial firepower and flexibility to move forward at full speed with our HPC/AI infrastructure developments in North America.” This strategic pivot mirrors moves by competitors IREN and Hut 8, which have also capitalized on the AI boom by diversifying into high-performance computing. The substantial funding commitment signals Bitfarms’ serious intent to capture market share in the rapidly expanding AI infrastructure sector.

Nokia (NYSE: NOK) shares surged approximately 10% following the company’s impressive third-quarter results, driven overwhelmingly by surging demand from AI and cloud customers. Trading volume of 43.9 million shares significantly exceeded its 28.7 million daily average, reflecting strong investor conviction in the company’s AI-driven growth story.

The financial results revealed exceptional performance across key segments. Network Infrastructure net sales jumped 28% year-over-year to €1.95 billion, with Optical Networks revenue increasing 19% specifically fueled by AI and cloud demand. Cloud and Network Services revenue climbed 8% to €645 million, demonstrating broad-based strength. CEO Justin Hotard confirmed the company remains on track to meet its full-year outlook, providing additional confidence to investors betting on Nokia’s positioning in the AI infrastructure ecosystem.