Core Insights - Rigetti Computing, Inc. (NASDAQ:RGTI) is recognized as one of the 12 best performing stocks over the last three months, with a Buy rating reiterated by Craig-Hallum analyst Richard Shannon [1] - The company announced its support for NVQLink, NVIDIA Corporation's new open platform for integrating AI supercomputing with quantum computers [1][2] Group 1: Company Developments - Rigetti Computing showcased its work with NVQLink at the Quantum Computing Pavilion during NVIDIA GTC in Washington, D.C., where attendees witnessed a full-scale demonstration of its quantum computer [2] - NVQLink integrates quantum processors and control systems with NVIDIA's AI supercomputing, facilitating low-latency, high-throughput connectivity between CPUs, GPUs, and quantum processing units [3] - This collaboration aims to accelerate the development of hybrid quantum-classical applications and enhance quantum supercomputers [3] Group 2: Company Overview - Rigetti Computing is a full-stack quantum computing company that develops quantum computing systems and processors, operating quantum computers via the cloud [4] - The company provides services to businesses, governments, and researchers through its Rigetti Quantum Cloud Services platform [4]

Key Points Quantum Computing stock has skyrocketed. Lagging revenue means that it trades at an extremely high valuation. 10 stocks we like better than Quantum Computing › Few tech companies have done as well as Quantum Computing (NASDAQ: QUBT) lately. Over the last year, it's up 1,390% (as of Oct. 31). That's more than Palantir Technologies, more than Nvidia, and much more than the S&P 500 index. If you'd invested $1,500 in Quantum Computing a year ago, your investment would now be worth $22,380. ...

Futures have been positive all morning. You see the S&P 500 due for a gain about 30 points. That's about 4/10en of 1%.The Nasdaq is really leading the way up almost 200. And in fact, I believe uh been eight straight uh Mondays for the NASDAQ that have been positive for for what that's worth. Joining us now, Sylvia Jablonsky, CEO and chief investment officer of Defiance ETF.Sylvia, good to see you this morning. I I I guess everyone kind of knows the the basic setup where, you know, strong years tend to end s ...

Futures have been positive all morning. You see the S&P 500 due for a gain about 30 points. That's about 4/10en of 1%.The Nasdaq is really leading the way up almost 200. And in fact, I believe uh been eight straight uh Mondays for the NASDAQ that have been positive for for what that's worth. Joining us now, Sylvia Jablonsky, CEO and chief investment officer of Defiance ETF.Sylvia, good to see you this morning. I I I guess everyone kind of knows the the basic setup where, you know, strong years tend to end s ...

Core Insights - Spectral Capital Corporation is on track to file 500 patent applications by the end of 2025, marking a significant milestone in its strategy to lead in hybrid AI-quantum computing [1][2][3] - The company has already surpassed the 300-patent mark, indicating rapid growth in its intellectual property development pipeline [2][3] - Spectral aims to reach a total of 1,000 patent filings by the end of 2026, reflecting its commitment to ongoing innovation and value creation [3] Company Strategy - The patent portfolio of Spectral Capital is designed to establish its leadership in the integration of AI and quantum computing, which is expected to redefine various industries [3][4] - The company is focused on building infrastructure for advanced computing, emphasizing the fusion of quantum mechanics with intelligent systems [4] - Future quarterly filings will provide more details on the structure and commercialization plans for its intellectual property assets [4] Intellectual Property Focus - Spectral's patent portfolio includes technologies such as quantum-AI hybrid operating systems, neural architecture optimization, EmotionAI frameworks, quantum-secure AI communication protocols, and dynamic resource allocation systems [7]

Group 1: FDA and Aurinia Pharmaceuticals - George Tidmarsh has resigned as director of the FDA's Center for Drug Evaluation and Research amid accusations of making false statements about Aurinia Pharmaceuticals' lupus nephritis treatment and soliciting a bribe [4][3] - Aurinia Pharmaceuticals has filed a federal lawsuit against Tidmarsh, claiming he made false statements and sought a bribe in retaliation against its chairman, Kevin Tang [4] - Tidmarsh criticized the FDA's new National Priority Review Voucher program, suggesting it could alter drug approval processes without adequate legal support [4] Group 2: Autonomous Driving - Baidu's Apollo Go unit has achieved a milestone of over 250,000 fully driverless rides per week as of October 31, matching the weekly rides reported by Waymo [5] - The total number of robotaxi rides operated by Apollo Go during the quarter ending June 30 was 2.2 million, averaging around 169,000 rides per week [6] Group 3: Nvidia and U.S. Market - President Trump announced that Nvidia's most advanced Blackwell chips will be exclusively available to U.S. companies, restricting access to other countries [7]

Group 1 - Quantum computing represents a significant advancement over traditional computing, utilizing "qubits" that can exist in multiple states, potentially solving complex problems much faster than conventional computers [2][3] - The market for quantum computing is vast, presenting substantial investment opportunities as the technology is still in its early stages of development [3][4] - The Defiance Quantum ETF offers a diversified investment approach, tracking an index of quantum computing stocks and holding 79 companies in its portfolio, including both start-ups and established tech giants [5][6] Group 2 - The top holding in the Defiance Quantum ETF is Rigetti Computing, which constitutes 3.3% of the fund, indicating a diversified asset allocation [6] - Other significant holdings in the ETF include Advanced Micro Devices, Intel, D-Wave Quantum, and Tower Semiconductor, showcasing a mix of companies involved in quantum computing [6][7] - The ETF has a low expense ratio of 0.40%, making it an attractive option for investors looking to gain exposure to the quantum computing sector [7]

Company Overview - Xanadu Quantum Technologies will go public on the Nasdaq through a merger with Crane Harbor Acquisition Corp in a $3.6 billion deal, expecting to raise nearly $500 million from the SPAC deal, including a $275 million private investment in public equity [1] - Morgan Stanley acted as financial advisor for Xanadu, while JonesTrading served as the capital markets advisor for Crane Harbor [5] Industry Insights - Quantum computing technology has advanced from theoretical promise to practical commercial applications, with significant interest from major tech companies like IBM, Microsoft, and Google, which recently announced a breakthrough algorithm [2] - JPMorgan Chase has included quantum computing in a broader $1.5 trillion initiative, indicating the growing importance of this technology in the financial sector [2] - Qubits, the fundamental units of quantum computing, can perform complex calculations in minutes that would take classical supercomputers thousands of years, highlighting their potential for breakthroughs in medicine and materials science [3] - Despite their potential, quantum computers are prone to errors that can hinder their effectiveness, leading to ongoing debates about their feasibility within the tech industry [3] Market Trends - A number of quantum computing companies have pursued public listings through SPAC mergers to avoid lengthy IPO processes, with Infleqtion recently agreeing to a $1.8 billion SPAC deal [4] - SPACs are shell companies that raise capital through IPOs to merge with private companies, facilitating their entry into public markets [4]

Core Insights - Xanadu Quantum Technologies and Crane Harbor Acquisition Corp. have entered into a definitive business combination agreement, positioning Xanadu as the first publicly traded pure play photonic quantum computing company [1][9] - The transaction is expected to provide Xanadu with approximately US$500 million in gross proceeds, facilitating the acceleration of its quantum computing technology development [4][9] Company Overview - Xanadu is a leading photonic quantum computing company that has achieved significant milestones, including demonstrating quantum supremacy with its 216-qubit Borealis system in 2022 [2][5] - The company has developed the Aurora system, the first networked, modular, and scalable quantum computer, which includes a real-time error correction decoding algorithm [2][3] Technology and Innovation - Xanadu's quantum systems operate at room temperature, eliminating the need for cryogenics or laser cooling, and provide up to 10 times more efficient error correction than other quantum modalities [2][7] - The company aims to develop a fully fault-tolerant quantum computer with up to 100,000 physical qubits and 1,000 logical qubits by 2029 [3] Software Leadership - Xanadu's open-source software, PennyLane, is the most widely used quantum programming platform, utilized by approximately 47% of quantum programmers globally [4][5] - PennyLane is integrated across major quantum computer providers, generating revenue and expected to scale with the quantum computing market [5] Market Potential - The quantum computing sector is projected to create long-term annual value of US$450-850 billion through applications in various industries, including AI, automotive, clean energy, and finance [6][7] - Xanadu's photonic approach is seen as a leading method for large-scale quantum computers, offering advantages in scalability and resource efficiency [7][8] Transaction Details - The business combination values Xanadu at a pre-money equity value of US$3.0 billion, with a pro forma enterprise value of approximately US$3.1 billion and market capitalization of US$3.6 billion [4][9] - Over 90% of the PIPE capital is sourced from new strategic and institutional investors, including AMD and BMO Global Asset Management [4][9]

Key Points Rigetti expects a significant market to appear by 2030. Rigetti Computing sold two computing units recently. 10 stocks we like better than Rigetti Computing › The quantum computing stocks have been on a wild roller-coaster ride over the past two months. Rigetti Computing (NASDAQ: RGTI) is no exception, as it rose nearly 250% from Sept. 1 to its peak, before falling to more than 35% off its all-time high. However, it rebounded after the U.S. government indicated it would be interested in ...