EPISODE · May 14, 2026 · 1 MIN
Rigetti Computing: Quantum Stock's Falling Knife
from The Daily News Now! Business
Rigetti Computing, a pure-play quantum stock, has seen a significant drop after its initial surge in late 2024. Despite the AI hype, the companys financials show a concerning picture: revenue dipped to $7.1 million in 2025, with net losses over $216 million. The first quarter of 2026 showed a slight uptick in sales but continued losses. The price-to-sales ratio is a staggering 607, indicating a highly speculative investment. The CEOs sale of a million shares near the peak is a red flag. Cash burn is high, running nearly $100 million a year, and the business model seems shaky without a major breakthrough. The current dip may not be a bargain, and smart money is waiting for real proof of quantums potential before investing again. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/43bb5c7611f7cca8
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Rigetti Computing: Quantum Stock's Falling Knife
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