Latest news with #disruption
Yahoo
16 hours ago
- Business
- Yahoo
1 Quantum Computing Stock That Is a Glaring Buy, According to Wall Street
Quantum computing is one of the hottest sub-sectors in the stock market at the moment. Some of the stocks in this sector are trading up more than 1,000% over the last year. Investors are betting big that quantum computers can be commercialized and potentially transform society in a similar way as artificial intelligence. 10 stocks we like better than Rigetti Computing › Similar to artificial intelligence (AI), quantum computing is seen as a big technological disruption in the making that will revolutionize society. Quantum computers will ideally be able to solve complex problems that have stumped classical computers and do so in a much more efficient manner than humans have to this point. If you were one of the lucky few investors who managed to recognize this a year ago and purchased quantum computing stocks, then your portfolio has likely generated tremendous alpha. Investors continue to bet on this young industry that hasn't generated meaningful revenue or earnings yet, but not every one of these bets will be a winner. Here's one quantum computing stock that Wall Street analysts think is a glaring buy. According to Tipranks, five Wall Street analysts have issued research reports on Rigetti Computing (NASDAQ: RGTI) over the last three months, and all five rate the company a buy. The average price target of $15 implies about 30% upside over the next 12 months or so. Quantum computing is considered the next advancement for the computer industry that has now ingrained itself everywhere from the modern home to the classroom to the office. While computers use bits, small units of information that process and store data, quantum computers use qubits to try and process the data much faster in order to execute much larger and more complex calculations. Rigetti has been selling quantum computers to end users for a few years now and is constantly innovating, trying to put out better models. At the end of 2024, the company announced the public launch of its 84-qubit Ankaa-3 system, which cut error rates in half in 2024 to achieve 99% median two-qubit iSWAP gate fidelity, a measure of accuracy. By the end of this year, Rigetti plans to release a quantum computer with over 100 qubits with a reduction in error rates double that achieved in its latest system. The more qubits a quantum computer has, the more powerful the computations it can conduct. Earlier this year, Alliance Global Partners analyst Brian Kinstlinger noted that Rigetti is one of the "three most advanced quantum computer OEMs (original equipment manufacturers)" along with Alphabet's Google and IBM. Companies like Microsoft and Amazon have only announced quantum chips with eight or nine qubit sizes. Rigetti has also made some progress toward commercialization. The company's partners and customers include Amazon Web Services (AWS), Standard Chartered, Moody's, the Defense Advanced Research Projects Agency, the Department of Energy, the Air Force Research Laboratory, and the United Kingdom-based National Quantum Computing Centre. Rigetti has also been awarded several grants. Earlier this year, Quanta, the second-largest contract electronics manufacturer in Taiwan by revenue, invested $35 million in Rigetti, which Kinstingler called "yet another validation" of Rigetti's leadership in the space. The difficult thing about all quantum computing stocks is that the revenue they are generating is minimal and can be sporadic right now. Most of these companies, which are still basically start-ups, are losing money. For instance, Rigetti generated about $10.8 million of revenue in 2024 and over a $200 million loss. In the first quarter of the year, Rigetti generated about $1.5 million of revenue and a profit due to non-cash gains from changes in the fair value of its warrant liabilities. However, the company would have put up more losses had it not been for that non-recurring cash gain. Meanwhile, investor enthusiasm has sent the stock surging 1,097% over the past year (as of June 24) and to a $3.7 billion market cap. Given the big run and massive valuation now, I think investing in Rigetti is still quite risky. I wouldn't recommend anything more than a flyer or a speculative position that you can afford to lose. Before you buy stock in Rigetti Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Rigetti Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, International Business Machines, Microsoft, and Moody's. The Motley Fool recommends Standard Chartered Plc and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 1 Quantum Computing Stock That Is a Glaring Buy, According to Wall Street was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- Yahoo
Disruption continues following train derailment
Commuters have been warned of disruption for a second day after a train partially left the tracks near Milton Keynes. London Northwestern Railway said no passengers were on board when it derailed in the Bletchley area on Thursday. National Rail said trains between Milton Keynes Central and London Euston could be cancelled or delayed by up to 90 minutes throughout Friday. "Rail replacement buses have been ordered to run in place of the cancelled services and will be in operation as soon as possible," a company spokesperson said. Two trains per hour are due to operate between Northampton and London Euston via all stations. However, problems with overhead wires in the Northampton area have led to additional cancellations. Specific advice has been given out to passengers travelling on Avanti West Coast and London Northwestern services to avoid the issues as best as possible. Follow Beds, Herts and Bucks news on BBC Sounds, Facebook, Instagram and X. Network Rail
BBC News
21 hours ago
- BBC News
Disruption continues following Bletchley train derailment
Commuters have been warned of disruption for a second day after a train partially left the tracks near Milton Northwestern Railway said no passengers were on board when it derailed in the Bletchley area on Rail said trains between Milton Keynes Central and London Euston could be cancelled or delayed by up to 90 minutes throughout Friday."Rail replacement buses have been ordered to run in place of the cancelled services and will be in operation as soon as possible," a company spokesperson said. Two trains per hour are due to operate between Northampton and London Euston via all stations. However, problems with overhead wires in the Northampton area were creating additional cancellations. Specific advice has been given out to passengers travelling on Avanti West Coast and London Northwestern services to avoid the issues as best as possible. Follow Beds, Herts and Bucks news on BBC Sounds, Facebook, Instagram and X.
Yahoo
a day ago
- Business
- Yahoo
UPDATE – DitchIt Detonates Iconic Twitter HQ Sign
Twitter Bird SAN FRANCISCO, June 26, 2025 (GLOBE NEWSWIRE) -- In a dramatic move that captured the spirit of Silicon Valley disruption, Ditchit — the emerging online marketplace and OfferUp competitor — made headlines by acquiring and detonating the original 560-pound Twitter bird sign once perched atop Twitter's San Francisco headquarters. Filmed in the Nevada desert, the explosive sendoff featured a 15-person production crew, four Tesla Cybertrucks, and a Hollywood pyrotechnics expert. More than just spectacle, it was a bold declaration: Ditchit is here to challenge legacy tech giants and build a marketplace that puts people before profits. 'Elon Musk rebranded Twitter to X in support of free expression. We're doing the same for local marketplaces,' said Ditchit spokesperson James Deluca. 'Today's platforms are overrun with ads, fees, and algorithms that favor businesses over people. Ditchit is different—free to use, ad-free, and built to empower real communities and real sellers.' The 12-foot Twitter logo, known as 'Larry,' was acquired earlier this year for $34,000. Initially bought for its symbolic value, Ditchit ultimately chose to turn the icon into a statement of disruption. The video of the sign's explosive finale, now live on YouTube, captures a cinematic moment that's quickly gaining viral traction. But Larry's story isn't over. Pieces of the iconic sign have been collected and will be auctioned off through a sealed-bid sale on the Ditchit app starting today. All proceeds will go to the Center for American Entrepreneurship, a nonprofit dedicated to advancing innovation and supporting the next generation of entrepreneurs. 'Many entrepreneurs get their start on local marketplace apps,' Deluca said. 'We're committed to supporting that journey—not just with our platform, but through meaningful action.' With this stunt, Ditchit isn't just blowing up a symbol of big tech—it's ushering in a new era for local marketplaces, one grounded in transparency, accessibility, and community. About Ditchit Ditchit is a local marketplace built with a community-first mindset. Unlike traditional platforms, it's completely free to use, with no ads or fees—making buying and selling simple and fair. Founded in 2024, the Ditchit app is available on iOS and Android. Contact: James Deluca (415) 867-4226 A photo accompanying this announcement is available at: A video accompanying this announcement is available at:
Yahoo
a day ago
- Business
- Yahoo
UPDATE – DitchIt Detonates Iconic Twitter HQ Sign
Twitter Bird SAN FRANCISCO, June 26, 2025 (GLOBE NEWSWIRE) -- In a dramatic move that captured the spirit of Silicon Valley disruption, Ditchit — the emerging online marketplace and OfferUp competitor — made headlines by acquiring and detonating the original 560-pound Twitter bird sign once perched atop Twitter's San Francisco headquarters. Filmed in the Nevada desert, the explosive sendoff featured a 15-person production crew, four Tesla Cybertrucks, and a Hollywood pyrotechnics expert. More than just spectacle, it was a bold declaration: Ditchit is here to challenge legacy tech giants and build a marketplace that puts people before profits. 'Elon Musk rebranded Twitter to X in support of free expression. We're doing the same for local marketplaces,' said Ditchit spokesperson James Deluca. 'Today's platforms are overrun with ads, fees, and algorithms that favor businesses over people. Ditchit is different—free to use, ad-free, and built to empower real communities and real sellers.' The 12-foot Twitter logo, known as 'Larry,' was acquired earlier this year for $34,000. Initially bought for its symbolic value, Ditchit ultimately chose to turn the icon into a statement of disruption. The video of the sign's explosive finale, now live on YouTube, captures a cinematic moment that's quickly gaining viral traction. But Larry's story isn't over. Pieces of the iconic sign have been collected and will be auctioned off through a sealed-bid sale on the Ditchit app starting today. All proceeds will go to the Center for American Entrepreneurship, a nonprofit dedicated to advancing innovation and supporting the next generation of entrepreneurs. 'Many entrepreneurs get their start on local marketplace apps,' Deluca said. 'We're committed to supporting that journey—not just with our platform, but through meaningful action.' With this stunt, Ditchit isn't just blowing up a symbol of big tech—it's ushering in a new era for local marketplaces, one grounded in transparency, accessibility, and community. About Ditchit Ditchit is a local marketplace built with a community-first mindset. Unlike traditional platforms, it's completely free to use, with no ads or fees—making buying and selling simple and fair. Founded in 2024, the Ditchit app is available on iOS and Android. Contact: James Deluca (415) 867-4226 A photo accompanying this announcement is available at: A video accompanying this announcement is available at: in to access your portfolio
