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Meta falls 2% amid broader tech sell-off, higher yields, and energy pressure. Technicals stay bullish despite cooling momentum.
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Treasury Auction Will Be The Test Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the
D-Wave Quantum and Rigetti Computing are both early-stage quantum computing companies with significant cash burn and unproven commercial roadmaps. D-Wave shows stronger revenue growth at 180% YoY ($24.6M) with increasing commercial adoption, while Rigetti has lower revenue ($7.1M, down 34% YoY) but received a potential $100M government contract. The author recommends Rigetti for long-term investors seeking a potential home run due to its technological prowess and deeper government support, despite both companies trading at high valuations with negative earnings.
Oklo Inc. (NYSE: OKLO) stock is down about 5% on Wednesday. The decline appears tied to broader market pressure and profit-taking, not a new company announcement.
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The article argues that the market has incorrectly priced Alphabet/Google as a loser in the AI race, despite evidence suggesting the company is performing better than its stock valuation reflects. The author contends that what is happening operationally at Google tells a different story than what the market pricing indicates.