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Rigetti posts weaker Q2 sales but secures $350 million, ending with $571.6 million in cash and no debt to fuel its quantum ambitions.
Historically, the stock has shown a greater likelihood of a negative one-day return following its earnings announcements.
Rigetti reported Q2 earnings this week and posted $1.8 million in revenue, down 41% year-over-year. Net loss was $39.7 ...
Rigetti also raised $350 million through an equity offering, boosting its cash to $571.6 million and leaving the company debt ...
Distributed on behalf of ZenaTech. Quantum computing will be game-changer for just about every industry, creating incredible ...
Live Updates Live Coverage Has Ended RGTI Climbing Back Up 4:34 pm The initial reaction to RGTI’s earnings miss was overblown ...
The optimism around artificial intelligence and many breakthrough technologies, including air taxis and quantum computing, is ...
Rigetti Computing is a quantum computing high-flyer that’s seen its shares march choppily higher in recent months. After ...
Rigetti Computing stock is up big, but is the run over? Explore the risks and rewards of this quantum computing stock to ...
Rigetti Computing (NASDAQ:RGTI) shares slid more than 7% Friday, closing at $16.65 after its second-quarter results underscored just how wide the gap remains between revenue and costs. The company ...
Rigetti Computing, Inc. (RGTI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look ...
Rigetti Computing Inc (RGTI) showcases quantum breakthroughs while navigating revenue declines and increased expenses.