Core Insights - Rigetti Computing (RGTI) has secured significant grants, indicating government confidence and the commercial relevance of its quantum roadmap [1][3] - The recent $5.8 million contract from the Air Force Research Laboratory (AFRL) aims to advance superconducting quantum networking [1][7] - The company has also received a $5.48 million grant from the Air Force Office of Scientific Research (AFOSR) to reduce qubit defects and led a £3.5 million Innovate UK consortium for quantum error correction [2][7] Funding and Research Initiatives - The AFRL contract focuses on quantum interconnects, while the AFOSR award targets qubit fidelity, and the Innovate UK project enhances error correction [3][7] - These grants provide non-dilutive funding and address critical challenges in quantum technology, thereby reducing risk across Rigetti's roadmap [3] Market Performance - RGTI shares increased by 10.9% following the AFRL contract announcement and have surged 106.1% year-to-date, outperforming the industry growth of 25.3% [6][7] - The company currently trades at a price-to-book ratio of 18.4, which is above the industry average [9] Earnings Estimates - The Zacks Consensus Estimate for Rigetti's 2025 earnings suggests an 86.1% rise compared to the previous year [11] - Current earnings estimates indicate a potential improvement in performance, with year-over-year growth projections for 2025 [12]

Group 1 - The investment style focuses on asymmetrical risk/reward opportunities on both long and short sides [1] - The approach utilizes a mixture of stock and derivatives positions, with varying time horizons for investments [1] - There is a current beneficial short position in QTUM shares, indicating a bearish outlook on the stock [2][3] Group 2 - The analyst holds a small position in LEAP Put Spreads on QTUM, representing 50 basis points of the total account value [3] - There is an intention to play the short side more aggressively when the opportunity arises, suggesting a potential for increased bearish activity [3]

Core Insights - QCi's proprietary photonics technology allows quantum computers to operate at room temperature, making them more accessible and cost-effective compared to traditional quantum processors that require near absolute zero temperatures [1] - The quantum computing sector is experiencing significant investor interest, with QCi's stock price increasing by 3,150% over the past year, although it had previously fluctuated in negative territory [4][5] - QCi generated $373,000 in revenue for the full year 2024, a 4% increase from the previous year, but reported a net loss of $68.5 million, a 154% increase in losses [7] Company Overview - QCi is positioned as the "only pure-play nonlinear quantum optics and integrated photonics public company," focusing on advanced computing hardware that utilizes quantum mechanics and light properties [3] - The company has secured contracts with government and commercial clients, including a $406,000 subcontract from NASA and a $332,000 order from a major U.S. bank for quantum cybersecurity [9] Market Potential - The global photonic integrated circuit market is projected to grow from $17.4 billion in 2025 to $66 billion by 2032, with the broader photonics market expected to reach $1.6 trillion by 2032 [10] - QCi anticipates that its new photonic chip foundry in Tempe, Arizona, will start generating meaningful revenue within the next 12 to 18 months [10] Financial Metrics - QCi's price-to-sales (P/S) ratio is extremely high at 9,074, indicating that the company may be overvalued compared to its peers [11] - Revenue for the first six months of 2025 was $100,000, down from $210,000 in the same period the previous year, but management expects business to accelerate in 2026 and beyond [8]

Core Insights - Quantum computing stocks are experiencing significant growth due to strong retail investor sentiment and government support, leading to increased sector momentum [1] - B. Riley analyst Craig Ellis has raised price targets for several quantum stocks, indicating faster-than-expected technological advancements and commercial achievements in the industry [1] Company Summaries - **IonQ, Inc. (IONQ)**: Recognized as the revenue growth leader in the quantum sector with 100% growth for the last three years. Strategic acquisitions, particularly of Oxford Ionics, have significantly improved its computing power. B. Riley maintains a Buy rating and raises the price target from $75 to $100 [2] - **Rigetti Computing, Inc. (RGTI)**: Price target increased from $19 to $35 while maintaining a Buy rating. This increase aligns with Rigetti's recent $5.8 million contract with the U.S. Air Force for quantum networking development [3] - **D-Wave Quantum, Inc. (QBTS)**: Maintained a Buy rating with a price target raised from $22 to $33, indicating over 20% potential upside. The research note reflects a 50% increase in price target, showcasing confidence in D-Wave's leadership in the quantum-computing sector [4][3] Industry Overview - B. Riley's commentary emphasizes the industry's progress and regulatory support as critical factors driving the commercialization of quantum computing technology. The transition from a frontier scientific field to a sector with practical commercial capabilities is evident [5] - Recent performance of quantum stocks suggests that investors are optimistic about potential commercial success in the sector [5]

Core Insights - Micron Technology (MU) stock experienced a significant pullback despite reporting strong earnings, indicating that the positive news may have been priced in ahead of time [9] - The stock peaked at $174.92 immediately after the earnings release but has since retreated to $164.80, reflecting a $10 decline from its after-hours high [9] - The article draws parallels between current market conditions and historical events, particularly referencing Fed Chair Powell's warning about high stock valuations and the potential for a repeat of past market bubbles [9] Summary by Sections Micron Technology (MU) Stock Performance - MU stock was reported to be overbought prior to the earnings release, making it susceptible to a pullback [9] - Following the earnings announcement, aggressive buying from the momo crowd drove the stock price up to $174.92 before it fell back to $164.80 [9] Market Context and Historical Reference - The article references the "irrational exuberance" speech by former Fed Chairman Alan Greenspan in 1996, suggesting that current market conditions may mirror those of the past [9] - Historical context is provided with the performance of the Nikkei 225, which saw a significant drop after Greenspan's warning, indicating potential risks in the current market [9] Investment Strategy Recommendations - Investors are advised to consider trimming tactical positions and booking partial profits while holding long-term strategic positions [5] - The article emphasizes the importance of monitoring money flows in major stocks and ETFs to gain an investment edge [8]

Rigetti Computing (RGTI) stands out for its quantum-classical computing infrastructure and has surged 4,024% over the past year. RGTI is trading above key moving averages and has a Trend Seeker “Buy” signal. Fundamentals show projected revenue growth of 160% next year and earnings increases, but analyst opinions are mixed. Strict risk management and stop-loss strategies are recommended for any investment consideration. Today’s Featured Stock Valued at $10.2 billion, Rigetti Computing (RGTI) is ...

Group 1 - Rigetti Computing, Inc. (NASDAQ:RGTI) experienced a significant increase in stock price, reaching an all-time high of $32.40 during intra-day trading and closing up by 10.89% at $31.46 [1][2] - Investor optimism surrounding Rigetti Computing was largely driven by Nvidia Corp.'s aggressive expansion into artificial intelligence, as Nvidia's GPUs are crucial for AI development [2] - Reports indicated that the US government is looking to update its quantum computing strategy to enhance cybersecurity capabilities and maintain US dominance in the quantum sector, positively impacting Rigetti Computing [2] Group 2 - While Rigetti Computing shows potential as an investment, there is a belief that some AI stocks may offer higher returns with limited downside risk [2] - The article suggests that there are extremely cheap AI stocks that could benefit from current market conditions, including Trump tariffs and onshoring [2]

Group 1 - D-Wave Quantum Inc. (NYSE:QBTS) reached a new all-time high, reflecting investor confidence in the artificial intelligence and quantum computing sectors [1][2] - During intra-day trading, shares of D-Wave Quantum peaked at $27.99, closing up 7.21% at $27.52, driven by optimism in the AI sector, particularly due to Nvidia Corp.'s expansion [2][3] - The company's performance is closely tied to developments from Nvidia, which significantly influence the share prices of other technology stocks [3] Group 2 - Sentiment for D-Wave Quantum was further enhanced by reports of the US government's plans to update its quantum computing strategy, aimed at improving cybersecurity and maintaining US leadership in the sector [4] - D-Wave Quantum rallied alongside other companies in the quantum computing space, such as Rigetti Computing Inc., IonQ Inc., and Quantum Computing Inc., following the news of government initiatives [4]

Core Insights - Unisys has been recognized as a Leader in the 2025 ISG Provider Lens Cybersecurity Solutions and Services Quadrant reports for the third consecutive year, highlighting its capabilities in post-quantum cryptography, AI-powered security, and zero-trust solutions in both private and public sector markets [1][2]. Group 1: Recognition and Leadership - The recognition by ISG reflects Unisys's commitment to delivering intelligent and adaptive security solutions, enabling organizations to transition from reactive to proactive security measures [2]. - Unisys was acknowledged as a Leader in five U.S. market quadrants, demonstrating its strong commitment to integration, operational resilience, and readiness for emerging threats like quantum computing [3]. Group 2: Cybersecurity Solutions - Unisys offers a range of cybersecurity services, including continuous threat management, digital identity and access control, and cyber recovery solutions, utilizing a zero-trust approach combined with advanced technologies [5]. - The company provides next-generation security operations center (SOC) and managed detection response (MDR) services that leverage AI, automation, and behavioral analytics tailored for hybrid and multicloud environments [5]. - In the public sector, Unisys integrates zero-trust architecture and FedRAMP-compliant cloud modernization, focusing on post-quantum cryptography implementation [5].

BREAKING: Dow Futures Rise; Micron Easily Beats Views Dow Jones futures tilted higher early Wednesday, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) rose overnight on strong earnings and guidance, a positive signat for AI, chips and data storage. The stock market rally retreated Tuesday as the Nasdaq led a retreat from record highs. Federal Reserve Chief Jerome Powell said Tuesday "equity prices are fairly… Related news 9/23/2025Ken Shreve and Ed Carson analyze Tuesday's market actio ...