Rigetti Computing is a pioneering technology company that specializes in quantum computing, focusing on developing advanced quantum processors and software solutions
The company aims to harness the unique capabilities of quantum mechanics to solve complex computational problems that are beyond the reach of classical computers. Through its cloud-based platform, Rigetti provides access to its quantum computers, enabling researchers, developers, and businesses to explore applications in areas such as cryptography, optimization, and material science. By pushing the boundaries of quantum technologies, Rigetti is contributing to the evolution of computing and the potential transformation of various industries.
Part of the entire Market being in flux is because it appears that the 'powers that be' are actively trying to devalue the US dollar. That's what China does, to improve its prices for exports and make it tougher on imports.
The two companies will together invest over $100 million over the next five years to speed up the development and commercialization of superconducting quantum computing.
All three major indices remain in the red midday Thursday, after trimming earlier losses which saw the Dow Jones down more than 600 points at session lows. The major averages lost more than 2% this week as U.S.
U.S. stock futures fell on Thursday following Wednesday’s relief after a two-day fall. Futures of all four benchmark indices fell in premarket trading. President Donald Trump’s administration postponed implementation of auto tariffs by one month on Wednesday after the tariffs on Canada, Mexico, and China were implemented on Tuesday.
Wall Street closed higher on Wednesday as investors weighed mixed economic data and awaited former President Donald Trump's decision on possible tariffs. The S&P 500 rose 1.12% to 5,842.63.
Earlier this month, analysts at B. Riley hiked their price target for the Rigetti stock to $15 from $8.50 while maintaining a ‘Buy’ rating, implying a 91% upside from Tuesday’s closing price.
BERKELEY, Calif., March 05, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2024.
The three major indices were mostly flat in midday trading Wednesday with the S&P 500 and Nasdaq slightly under the flatline and the Dow Jones up 39 points.
Rigetti Computing shares are trading lower by 9.8% during Tuesday's session. Tuesday's decline comes as U.S. stock futures weakened following the worst trading session of the year.
BERKELEY, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that Rigetti CEO, Dr. Subodh Kulkarni, will be participating in a fireside chat at the Cantor Global Technology Conference on March 12, 2025.
