Quantum computers hold a lot of promise. They could advance medicine and materials science discoveries, improve weather forecasting models, and help create more advanced artificial intelligence. These vast possibilities have some investors and tech companies giddy,

Most of the water cooler discussion these days among investors discussing the highest-flying stocks continues to be around artificial intelligence stocks, or companies leveraging such technology for growth.

Quantum computing stocks were in focus on Thursday after Rigetti Computing (RGTI) offered up fourth-quarter results that missed analyst estimates. Read for more.

Rigetti Computing (NASDAQ:RGTI) has been at the forefront of quantum innovation, striving to make the technology commercially viable. Even as

Quantum computing stocks delivered explosive gains until the start of the year. Investors invested in them as the AI rally pushed most tech-related stocks to record highs, and quantum computing was seen as the next big beneficiary of AI.

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IonQ raises $372M through equity offering to secure $700M pro-forma cash balance for 2024, despite market turbulence.