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Rigetti Computing Announces Fourth Quarter 2024 Financial Results and Hosts Conference Call

Rigetti Computing, Inc., a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter 2024 results on March 5, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day. Rigetti's proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing.

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Rigetti Computing, Inc. (Rgti) Goes Hot Again Δ1.86

Rigetti Computing, Inc. (NASDAQ:RGTI) added 9.87 percent to close at $9.35 apiece on Friday, fueled by its $100-million partnership with Quanta Computer to ramp up quantum computing development. The company secured a $35-million investment in Quanta through the purchase of RGTI shares at a price of $11.59 apiece. Rigetti Computing, Inc. (NASDAQ:RGTI) is expected to release a 36-qubit system based on four 9-qubit chips by mid-2025.

Where Will Rigetti Computing Stock Be in 5 Years? Δ1.86

Rigetti Computing's stock price may experience significant fluctuations as the company navigates the challenges of developing practical applications for its quantum computing technology. The firm's platform, Quantum Cloud Services (QCS), has already shown promise, but it will need to demonstrate tangible value and overcome technical hurdles before investors can confidently bet on its growth prospects. As the industry continues to evolve, Rigetti will likely face intense competition from established players and new entrants.

Dutch Startup QuantWare Seeks to Fast-Track Quantum Computing. Δ1.76

Dutch startup QuantWare, founded in 2020, is making strides in the quantum computing space with its vertical integration and optimization (VIO) technology, which aims to overcome scaling challenges in quantum processing units (QPUs). The company has raised €20 million in funding to expand its team and enhance its chip fabrication facilities, positioning itself as a key player in the European quantum ecosystem. QuantWare's approach focuses on commercial accessibility and the development of its own QPUs while collaborating with other startups to advance quantum technology.

What Is Quantum Computing and How It Could Change the Tech World Δ1.74

Quantum computing is rapidly advancing as major technology companies like Amazon, Google, and Microsoft invest in developing their own quantum chips, promising transformative capabilities beyond classical computing. This new technology holds the potential to perform complex calculations in mere minutes that would take traditional computers thousands of years, opening doors to significant breakthroughs in fields such as material sciences, chemistry, and medicine. As quantum computing evolves, it could redefine computational limits and revolutionize industries by enabling scientists and researchers to tackle previously unattainable problems.

Ionq, Inc. Forecasts us$85.4m Revenue Growth in 2025 Δ1.73

IonQ, Inc. (NYSE:IONQ) has updated its statutory forecasts following its latest yearly results, with analysts now expecting revenues of US$85.4m in 2025, representing a 98% improvement from the last 12 months. This significant acceleration in growth is expected to result in a substantial narrowing of loss per share, projecting a reduction of 25% to US$1.15. The updated forecast underscores the company's projected outperformance against its industry peers.

Par Technology Full Year 2024 Earnings: Eps Beats Expectations, Revenues Lag Δ1.72

PAR Technology's full year 2024 earnings beat analyst expectations, but revenue missed estimates by 16%, with a net loss widening by 29% from the previous year. The company's shares have increased by 10% over the past week, driven by its strong EPS performance. However, the revenue decline and widening losses raise concerns about the company's financial health.

Sky Harbour to Report 2024 Year End Financial Results and Host Webcast Investor Call Thursday, March Δ1.72

Sky Harbour Group Corporation has announced it will release its financial results for the full year 2024 after the market closes on March 27, 2025, and will host an investor webcast to discuss these results along with a general business update. The webcast, which will be accessible to the public, aims to engage investors and stakeholders with a question-and-answer session featuring Sky Harbour leadership. This event highlights the company's commitment to transparency and communication as it develops its nationwide network of Home-Basing campuses for business aircraft.

Developing Hybrid Quantum Application for Autonomous Farming Optimized Δ1.72

D-Wave Quantum Inc. has collaborated with Staque to develop a hybrid-quantum system designed to optimize the movements of autonomous agricultural vehicles at scale, streamlining farming operations and enhancing efficiency in large-scale farming. The application, built with support from Canada's DIGITAL Global Innovation Cluster and Verge Ag, aims to address the challenge of real-time route optimization in complex environments. By leveraging D-Wave's annealing quantum computing capabilities, the technology seeks to accelerate autonomy in agriculture and provide real-time optimization solutions.

The Ai-Powered Chip Showdown: Who Comes Out on Top? Δ1.71

NVIDIA's latest earnings report has fueled speculation about its dominance in the AI and data center markets. With Q4 revenues reaching $39.3 billion, NVIDIA is poised to capitalize on the growing demand for high-performance GPUs. The company's Blackwell architecture line of products is driving significant revenue growth, but the question remains whether rapid expansion can strain margins.

QUALCOMM (QCOM) Is Undervalued, Predicts ‘Resurgence’ in 2025 Δ1.71

QUALCOMM Incorporated's unique position in AI technology, particularly in low-power, power-efficient chips for phones, PCs, cars, and IoT devices, makes it an attractive investment opportunity. Aswath Damodaran, a professor of finance at NYU Stern School of Business, believes that innovation in AI technology will commoditize AI products, leading to lower spending and reduced competition. Qualcomm's dominance in the premium Android market and its growing presence in automotive and commercial IoT segments are expected to drive its resurgence in 2025.

Earnings To Watch: Broadcom (AVGO) Reports Q4 Results Tomorrow Δ1.70

Broadcom is set to report its Q4 earnings, with analysts predicting a revenue growth of 22.2% year-on-year to $14.61 billion, a notable slowdown from the previous year's 34.2% increase. The company's ability to meet or exceed revenue expectations has been consistent, having only missed Wall Street's estimates once in the past two years. As the semiconductor sector navigates mixed results from competitors like Qualcomm and Intel, Broadcom's performance could provide insights into broader industry trends and investor sentiment.

Amd to Release Mid-Range Rdna 4 Gpu Sooner than Expected Δ1.70

The AMD Radeon RX 9060 has been confirmed to launch in Q2 2025 by AMD itself, offering a cheaper alternative to the more powerful RX 9070 series. The mid-range GPU will likely face competition from Nvidia's GeForce RTX 5060 and 5060 Ti, with some reports suggesting it may have less than expected VRAM. The upcoming release promises to bring enhanced machine learning and ray tracing features at an affordable price point.

Passing the iPhone King: Nvidia, Microsoft, Alphabet Ready to Take Over Δ1.70

Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are set to surpass Apple's valuation in five years due to their growth projections. The trio has consistently posted double-digit growth, with Microsoft's projected 13% revenue increase in FY 2025 and Alphabet's 11% in the same period. If these growth rates continue, Nvidia, Microsoft, and Alphabet will outperform Apple in terms of profit production by 2029.

The NAND Market Faces Further Decline in 2025 Δ1.70

The NAND market experienced a significant revenue loss of 6.2% in Q4 2024, driven primarily by weak consumer demand, according to the latest TrendForce report. This decline is expected to persist into Q1 2025, with forecasted revenues projected to drop by a further 20%. The weakening trend in NAND flash shipments and ASPs, which dropped by 4% quarter-over-quarter, reflects the impact of excess inventory on manufacturers.

Rx 9060 Xt Release Date and Performance: Rtx 4060 Ti-Beating Gpu Could Be Here in Less than Two Months Δ1.70

The RX 9060 XT is expected to be released in April, the start of Q2 2025, according to a leak from Moore's Law Is Dead. The card is rumored to offer performance between the RTX 4060 Ti and the RX 7700 XT, with some predictions suggesting it could even approach the RTX 4070 if AMD decides to push the clocks. However, it's essential to take this information with a grain of salt as it comes from just one source.

GitLab Q4 Earnings Loom: Industry Implications in Focus Δ1.70

GitLab's upcoming earnings report will be closely watched by investors and analysts alike. Here’s what to look for.GitLab beat analysts’ revenue expectations by 4.3% last quarter, reporting revenues of $196 million, up 31% year on year. It was a strong quarter for the company, with EPS guidance for next quarter exceeding analysts’ expectations and a solid beat of analysts’ EBITDA estimates.Is GitLab's growth sustainable as it expands its offerings to stay competitive in the rapidly evolving software development tools market?

Welltower to Present at Citi 2025 Global Property CEO Conference. Δ1.70

The Welltower management team will share insights into the company's strategy and growth plans during its participation in the Citi 2025 Global Property CEO Conference on March 4, 2025. As a leading REIT, Welltower invests in health care infrastructure to support innovative care delivery models and improve patient outcomes. The company's focus on high-growth markets positions it for long-term success.

Dell Technologies Beats Expectations for 2025 Earnings Δ1.70

Dell Technologies' full-year 2025 earnings have surpassed analyst expectations, with revenue growing 8.1% to US$95.6 billion and net income increasing by 43% to US$4.59 billion. The company's profit margin has also improved to 4.8%, driven by higher revenue. This improvement in profitability is expected to continue, with revenue forecast to grow at an average rate of 5.4% per annum for the next three years.

Dell Technologies Full Year 2025 Earnings: Revenue Beats Expectations Δ1.70

Revenue was in line with analyst estimates, but earnings per share (EPS) surpassed expectations by 8.7%. The company's profit margin increased to 4.8%, driven by higher revenue. Dell Technologies' shares are down 13% from a week ago.

OpenAI, Oracle Eye Nvidia Chips Worth Billions for Stargate Site Δ1.70

OpenAI and Oracle Corp. are set to equip a new data center in Texas with tens of thousands of Nvidia's powerful AI chips as part of their $100 billion Stargate venture. The facility, located in Abilene, is projected to house 64,000 of Nvidia’s GB200 semiconductors by 2026, marking a significant investment in AI infrastructure. This initiative highlights the escalating competition among tech giants to enhance their capacity for generative AI applications, as seen with other major players making substantial commitments to similar technologies.

Pason Systems Inc (Psytf) Q4 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Margin Compression Δ1.69

Pason Systems Inc (PSYTF) reports a 12% increase in consolidated revenue for 2024, reaching $414 million compared to 2023. The North American drilling segment showed resilience with only a 2% revenue decline despite a 10% decrease in industry activity. Adjusted EBITDA margin decreased from 46.4% in 2023 to 39.1% in 2024, due to lower margin contributions from newer segments.

Broadcom’s (NASDAQ:AVGO) Q4 Sales Top Estimates, Stock Soars Δ1.69

Fabless chip and software maker Broadcom reported impressive Q4 CY2024 results, with sales reaching $14.92 billion, surpassing market expectations by 2.1% and reflecting a 24.7% year-on-year growth. The company’s guidance for the next quarter also exceeded forecasts, particularly in AI semiconductor solutions and infrastructure software, which saw significant revenue increases. Broadcom's sustained growth trajectory, with a compounded annual growth rate of 19.2% over the past five years, underscores its competitive strength in the semiconductor industry.

4D Molecular Therapeutics Full Year 2024 Earnings: Misses Expectations Δ1.69

4D Molecular Therapeutics' full year 2024 earnings failed to meet expectations, with a significant widening of its net loss and a decline in its stock price. The company's revenue growth forecast for the next three years is higher than that of the Biotechs industry as a whole, but this may not be enough to offset its current struggles. The company's performance highlights the challenges faced by many biotech companies in achieving profitability.

Redwire (RDW) Reports Q4: Everything You Need To Know Ahead Of Earnings Δ1.69

Redwire, an aerospace and defense company, will report its fourth-quarter earnings tomorrow afternoon. The company has struggled with revenue expectations in recent quarters, missing analyst estimates by 2.8% last quarter. Redwire's Q4 earnings are expected to show a 17.4% year-over-year increase in revenue to $74.55 million.

What To Expect From Plug Power’s (PLUG) Q4 Earnings Δ1.69

Plug Power is set to announce its Q4 earnings results tomorrow, following a disappointing last quarter where it missed revenue expectations by 18.7%, reporting $173.7 million in revenues, a 12.6% decline year-on-year. Analysts predict a rebound this quarter, with expected revenue growth of 18.5% to $263.3 million, although an adjusted loss of -$0.23 per share is anticipated. The performance of peers in the renewable energy sector, such as American Superconductor and Nextracker, may provide insights into market expectations and investor sentiment heading into Plug Power's earnings announcement.