Quantum Computing Stocks Surge on US Military Interest—Rigetti Jumps 13%
Quantum computing stocks surged after Rigetti Computing secured a $5.8 million US Air Force contract, with shares jumping 13% and sector peers also rallying.
Rigetti Computing shares fell in after-hours trading after the quantum computing firm reported a wider-than-expected Q2 loss and lower revenue, missing Wall Street forecasts and highlighting ongoing volatility in the sector.
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Rigetti Computing Shares Fall After Disappointing Q2 Results for Quantum Computing Stock
Rigetti Computing shares fell in after-hours trading after the quantum computing firm reported a wider-than-expected Q2 loss and lower revenue, missing Wall Street forecasts and highlighting ongoing volatility in the sector.
Rigetti Computing, Quantum Computing Stock, to Announce Q2 Earnings Tomorrow
Rigetti Computing is set to announce Q2 earnings, with revenue expected to fall 38.2% year-on-year, while investors focus on contract wins and cash burn rate.
Bloomberg:
#Quantum ascomputing stocks rise after Nvidia’s
#JensenHuang said the industry is reaching an inflection point.
#D-WaveQuantum (+3.4%),
#IonQ (+4.6%),
#RigettiComputing (+4.5%) and
#QuantumComputing (+8.7%).
#markets #stocks
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