From Yahoo Finance: 2025-04-12 02:49:00

Wall Street’s main indices rebounded Friday amid ongoing trade tensions, with the Nasdaq up 2.06%, S&P 500 up 1.81%, and Dow Jones up 1.56%. Ten companies recorded losses despite market optimism, including Rigetti Computing Inc. dropping 3.4% to $9.10 due to China’s quantum computing advancements. Chinese researchers achieved an 8.4% AI performance improvement with Origin Wukong, a 72-qubit quantum computer. Rigetti plans to release a 36-qubit system by mid-2025. However, RGTI ranks 6th on the list of firms suffering amid an optimistic market environment, with AI stocks showing greater promise for higher returns.



Read more at Yahoo Finance: Why Rigetti Computing Inc. (RGTI) Went Down On Friday?