Rigetti Computing is a top quantum computing stock with potential growth, but lags behind some peers
Rigetti Computing is a pure-play quantum computing start-up with lower quarterly revenue than some peers. Stock movement is driven by investing hype and press releases. Quantum computing is a growing investment field, with Rigetti’s systems among the best on NASDAQ. The company is down 35% from its high but has rallied recently. By 2030, the quantum computing market could be worth $1-2 billion, with annual opportunities of $15-30 billion by 2040. Rigetti offers a full-stack solution similar to Nvidia’s success with GPUs. However, Rigetti’s sales in Q1 2025 were only $1.5 million, dependent on system sales and funding for research. Investors may want to consider other quantum computing plays with more revenue or alternative business models. Rigetti’s potential success could lead to significant gains, but it currently lags behind some peers in the field. 1. The stock market reached record highs today, with the Dow Jones Industrial Average closing at 35,000 points for the first time in history.
2. A new study found that 70% of Americans have received at least one dose of the COVID-19 vaccine, marking a significant milestone in the fight against the pandemic.
3. The United Nations reported that global carbon emissions have reached their highest level in history, despite efforts to reduce greenhouse gas emissions.
4. In sports news, the US Women’s National Soccer Team advanced to the finals of the Olympics after a thrilling victory over Canada in the semi-finals.
5. The Federal Reserve announced plans to begin tapering its bond-buying program in response to the improving economy, signaling a potential shift in monetary policy.
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2. “Apple Unveils New MacBook Pro with M1 Pro and M1 Max Chips” – Wall Street Journal
Apple revealed its latest MacBook Pro models featuring the new M1 Pro and M1 Max chips, offering increased performance and power efficiency. The laptops are available for pre-order starting at $1,999 and $2,499 respectively.
3. “Fed Leaves Interest Rates Unchanged” – Reuters
The Federal Reserve announced that it will maintain its current interest rates, citing ongoing concerns about inflation and the economic recovery. The decision was widely anticipated by investors and economists.: Is Rigetti Computing the Top Quantum Computing Stock for the Second Half of 2025?