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Rigetti Earnings Reveal the Risks and Rewards of Quantum Computing
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As smaller companies like Rigetti Computing refuse to temper their ambitions, Wall Street has been brewing with opinions on whether investors should hedge their bets or go all in on the underdogs. Rigetti’s fourth-quarter earnings report painted a stark picture of the reality facing quantum pure plays. After sinking in premarket trading, Rigetti shares climbed 9.1% on Thursday, outperforming the which was down 0.7%, and the tech-heavy which was down 0.9%.
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