To The Moon

Rigetti Computing's stock plummeted by 5.08% on Wednesday, as Wall Street analysts and investors expressed concerns over the unsustainable hype surrounding quantum computing stocks.The quantum computing company, which develops superconducting quantum processors and related services, had seen its shares surge by over 800% in the past six months, fueled by speculation that its technology could revolutionize industries like artificial intelligence and drug development.However, a report by Needham a

Quantum stocks tumbled on Friday as D-Wave, Quantum Computing, IonQ and Rigetti Computing failed to extend previous gains.Shares of Quantum Computing saw the biggest decline, falling 8.9%. IonQ was down 3.3%, while Rigetti Computing and D-Wave Quantum fell 7.3% and 6.5%, respectively.The same stocks rallied earlier this week after Microsoft unveiled its "Quantum Ready" initiative, a training program meant to familiarize business leaders with quantum systems.The latest decline shouldn't surprise investors because the stocks are usually volatile. They saw double-digit percentage decreases after Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg said last week that " very useful" and " practical" quantum computing would be decades away.Shares of Rigetti Computing climbed from 66 cents in September to a record intraday high of $21.42 on Jan. 8, only to fall more than 45% since then.There are further developments on the horizon, too. IBM has pledged to "demonstrate the first quantum-cent

Companies across the tech industry appear to be bracing for massive quantum computing breakthroughs this year.

Tech veteran John Chambers agrees with Nvidia and Meta's chief that quantum computing is a longer-term prospect. This is still the AI decade.

Rigetti Computing Inc. saw its shares soar 14.71% in pre-market trading on Tuesday, driven by a combination of positive analyst sentiment and a broader rebound in the quantum computing sector.B. Riley analyst Craig Ellis raised the firm's price target on RGTI to $8.50 from $4, maintaining a "Buy" rating on the stock. The analyst's optimistic outlook was a key catalyst for the stock's surge, as investors responded favorably to the increased price target.RGTI's pre-market rally was also supported

Bitcoin‘s (CRYPTO: BTC) levered play MicroStrategy Inc (NASDAQ:MSTR) could face the risk of redemption on its 0% convertible debt upon the occurrence of unforeseen events breaching the covenants governing these notes

Crypto shares dropped in premarket trading. $Bit Digital$, $Canaan$, $CleanSpark, Inc.$ slid around 5%; $MicroStrategy$, $Riot Platforms$, $MARA Holdings$ fell around 4%.The price of the world's largest digital coin, Bitcoin, is down 2.33% over the last 24 hours to last trade at $91,699.50.On Friday, cryptocurrencies were hit by a hotter than expected U.S. jobs report. As crypto prices tend to fall when the prospect of higher interest rates increases, and the jobs report fueled investor fears th

Rigetti Computing stock surged 5.18% in after-hours trading on Wednesday, despite Nvidia CEO Jensen Huang's comments that "very useful" quantum computers are likely 15 to 30 years away from becoming a reality. The after-hours rally reflects investors' optimism about Rigetti's roadmap and future prospects in the rapidly evolving quantum computing space.Rigetti, a leading player in the quantum computing industry, has unveiled an ambitious roadmap that includes plans to release a 36-qubit system b