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Why Did Rigetti Computing Stock Fall 13.9% This Week?
The Motley Fool· 2025-10-24 19:15
Rigetti's stock was up and down. Here's why.Shares of Rigetti Computing (RGTI 1.96%) fell 13.6% this week, as of 2:06 p.m. on Friday. The drop comes as the S&P 500 and the Nasdaq-100 gained 2.1% and 2.3%, respectively.The quantum computing company's stock had another week of ups and downs. Last week, the stock exploded after JPMorgan announced it intends to invest in the quantum industry as part of its Security and Resiliency Initiative. The stock fell hard on a rumor that Rigetti's CEO, Subodh K. Kulkarni, ...
Why Did Rigetti Computing Stock Fall 13.9% This Week ?
Yahoo Finance· 2025-10-24 19:15
Key Points While he still maintains a roughly 0.8% stake, a rumor that Rigetti's CEO had sold all of his shares sent its stock lower. It rebounded on a report that the Trump administration was considering taking an equity stake. The momentum reversed after a Commerce Department official denied the government was in talks with any quantum companies. 10 stocks we like better than Rigetti Computing › Shares of Rigetti Computing (NASDAQ: RGTI) fell 13.6% this week, as of 2:06 p.m. on Friday. The drop ...
AllianceBernstein (NYSE:AB) Analyst Sets Price Target, Highlights Growth Potential
Financial Modeling Prep· 2025-10-24 19:14
Core Viewpoint - AllianceBernstein (AB) is positioned as a significant player in the investment management sector, with analysts expressing optimism about its stock performance and potential growth opportunities [2][5]. Company Overview - AllianceBernstein is a global investment management firm providing a comprehensive range of investment solutions, including equities, fixed income, and alternative investments [1]. - The company competes with major firms like BlackRock and Vanguard in the asset management industry [1]. Stock Performance and Analyst Insights - An analyst from Bernstein has set a price target of $43 for AB, indicating a potential increase of approximately 9.39% from its trading price of $39.31 at the time [2][6]. - Zacks Investment Research highlights that AB may be undervalued, with its current price of $39.70 suggesting potential for growth [3][6]. - AB's stock has shown volatility, with a daily trading range between $39.48 and $39.81, and over the past year, it has fluctuated from a low of $32.28 to a high of $43.30, indicating room for growth [4][6]. Market Position - AB has a market capitalization of approximately $4.39 billion and a trading volume of 30,045 shares on the NYSE, reinforcing its status as a significant player in the investment management sector [5].
Saylor has a mysterious response to JPMorgan
Yahoo Finance· 2025-10-24 19:12
JPMorgan Chase & Co. has taken its biggest step yet into crypto finance, announcing plans to let institutional clients use Bitcoin (BTC) and Ether (ETH) as collateral for loans by the end of the year. The move drew an immediate response from one of Bitcoin’s most vocal advocates. MicroStrategy (MSTR) co-founder and Bitcoin evangelist Michael Saylor, whose business intelligence firm holds over 640,418 BTC on its balance sheet, used the opportunity to take a jab at the bank’s change of heart. Posting on X, ...
No, the latest CPI report isn't great news for seniors
MarketWatch· 2025-10-24 19:12
Inflation is currently running at 3.7%, way above target. ...
SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Maintains Strong Position in Financial Services and Healthcare
Financial Modeling Prep· 2025-10-24 19:11
Core Viewpoint - SS&C Technologies Holdings, Inc. is experiencing strong financial performance, with positive earnings and revenue growth, leading to an optimistic outlook from analysts [2][3][4][6]. Financial Performance - SSNC reported third-quarter earnings per share (EPS) of $1.57, exceeding the Zacks Consensus Estimate of $1.48 and showing a year-over-year improvement from $1.29, resulting in an earnings surprise of 6.08% [3][6]. - The company achieved revenues of $1.57 billion for the quarter ending September 2025, surpassing the Zacks Consensus Estimate by 0.84% and increasing from $1.47 billion in the same period last year, demonstrating consistent growth over the past four quarters [4][6]. Stock Performance - SSNC's stock is currently priced at $84.44, reflecting an increase of approximately 4.41% or $3.56, with a trading range between $83.04 and $85.77 for the day [5]. - Over the past year, the stock has reached a high of $91.07 and a low of $66.83, with a market capitalization of approximately $20.62 billion and a trading volume of 1,055,890 shares [5]. Analyst Ratings - RBC Capital has maintained an "Outperform" rating for SSNC and raised its price target from $97 to $99, indicating confidence in the company's financial performance [2][6].
Brompton Split Corp. Class A Share ETF Declares Increased Distributions
Globenewswire· 2025-10-24 19:11
TORONTO, Oct. 24, 2025 (GLOBE NEWSWIRE) -- (TSX: CLSA) – As a result of strong net asset value (“NAV”) growth since the launch of Brompton Split Corp. Class A Share ETF (the “ETF”), Brompton Funds (“Brompton”) is pleased to announce an increase in the monthly distribution to $0.13 per unit for record dates from October to December 2025. This new distribution amount represents a 13% annualized increase from third quarter distributions. Since inception the NAV has grown from $10.00 per unit to $12.95 per unit ...
GoviEx Securityholders Approve Arrangement with Tombador Iron Limited
Newsfile· 2025-10-24 19:10
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2025) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or the "Company") is pleased to announce that, at its special meeting (the "Meeting") of shareholders, warrantholders, and optionholders (collectively, the "GoviEx Securityholders") held on October 24, 2025, GoviEx Securityholders overwhelmingly approved the previously announced plan of arrangement (the "Arrangement") involving GoviEx and Tombador Iron Limited (ASX: TI1) ("Tombador"). ...
OP Bancorp: Performing Just Fine (NASDAQ:OPBK)
Seeking Alpha· 2025-10-24 19:09
The Pioneer Of Seeking Alpha's BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within the ...
OP Bancorp: Performing Just Fine
Seeking Alpha· 2025-10-24 19:09
The Pioneer Of Seeking Alpha's BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within the ...