Rigetti Stock Soars 7%—Why Investors Are Betting on Quantum Computing’s Future
Rigetti Computing (NASDAQ: RGTI) saw its stock jump 7% after releasing its Q4 2024 earnings report, despite reporting larger-than-expected losses. The market reaction suggests that investors focus more on Rigetti’s progress in quantum computing technology than its short-term financial struggles. The company’s latest earnings report revealed a widening loss. Still, at the same time, Rigetti highlighted…