CoreWeave, Rigetti Computing, ServiceNow, Costco and Nvidia: Why These 5 Stocks Are on Investors' Radars Today
Major U.S. indices closed lower on Tuesday, with the Dow Jones Industrial Average falling 0.30% to 52,231.89.
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Rigetti Computing (NASDAQ: RGTI) rises before Tuesday's Q3 earnings. Get analyst ratings, price targets, and key levels.
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Major U.S. indices closed lower on Tuesday, with the Dow Jones Industrial Average falling 0.30% to 52,231.89.
Rigetti Computing announced its third quarter 2026 financial results, reporting $1.4 million in revenue and an adjusted loss of $0.06 per share.
Hotter October CPI pushed the 10-year Treasury yield to 5% and the 2-year up 17 basis points, while Nvidia's slide weighed on the Nasdaq 100.
IonQ's stock surged following Q3 earnings that significantly exceeded expectations, with revenue jumping 336% to $173.8 million. The company demonstrated strong growth in platform revenue and quantum computing systems, though it continues to burn cash. While positioned as a quantum computing leader with high-accuracy systems, analysts recommend a diversified quantum basket approach rather than single-stock betting due to competitive risks in the nascent industry.
IonQ is trading lower Tuesday along with space stocks, including Rocket Lab and AST SpaceMobile, which fell after reporting Q3 results.
D-Wave (QBTS) and Rigetti Computing (RGTI) are reporting Q3 2026 earnings with mixed outlooks. D-Wave shows strong commercial traction and bookings but faces modest revenue guidance and downward EPS revisions. Rigetti demonstrates 69% revenue growth but widening losses and execution risks. Both quantum computing stocks have underperformed the broader market amid reassessment of near-term commercial viability versus long-term potential. Analysts recommend waiting for results before investing.