Why Rigetti Stock Is Skyrocketing Today: It's More Than Trump's Trade Deal
Shares of Rigetti Computing (NASDAQ: RGTI) are skyrocketing on Thursday. The quantum computing start-up's stock surged 10.5% as of 2:50 p.m. ET and was up as much as 12.3% earlier in the day. The rise comes as the S&P 500 gained 1.3% and the Nasdaq Composite rose 1.8%.The quantum computing company is rallying after its industry peer reported positive earnings Thursday. The stock is also seeing a boost from President Donald Trump's U.K. trade deal.D-Wave Quantum reported strong quarterly results, beating expectations. The company announced revenue of $15 million for its first quarter of 2025, a 509% increase from the $2.5 million reported in the same period last year.Continue reading
Shares of Rigetti Computing (NASDAQ: RGTI) are skyrocketing on Thursday. The quantum computing start-up's stock surged 10.5% as of 2:50 p.m. ET and was up as much as 12.3% earlier in the day. The rise comes as the S&P 500 gained 1.3% and the Nasdaq Composite rose 1.8%.
The quantum computing company is rallying after its industry peer reported positive earnings Thursday. The stock is also seeing a boost from President Donald Trump's U.K. trade deal.
D-Wave Quantum reported strong quarterly results, beating expectations. The company announced revenue of $15 million for its first quarter of 2025, a 509% increase from the $2.5 million reported in the same period last year.
