Why Rigetti Computing, Inc. (RGTI) rose on Friday

We recently published a list of What pushed for two -digit gains from the ten companies? In this article, let’s take a look where Rigetti Computing is, Inc. (Nasdaq: RGTI) Against Friday’s best performers.

The securities market ended the negotiation week with a strong note, with all the main rates with strong gains, as investors encouraged payroll that were not a farm last month, while digesting more corporate results.

Nasdaq, heavy for technology, led the rally among all the main rates, ending 1.51 percent. The S&P 500 won a gain of 1.47 percent, while the Dow Jones grew 1.39 percent.

Ten companies also imitated the optimism of the broader market after the performance of impressive gains and an optimistic perspective for the rest of the year. In this article, we identified the ten best performers on Friday and detailed the reasons for their benefits.

To present the list, we only considered shares with market capitalization of $ 2 billion and a negotiation volume of $ 5 million.

At first an engineer who writes at a quantum computing station in a modern office space.

Rigetti Computing saw that its actions prices increased by 16.30 percent on Friday, a third consecutive day, to close $ 10.63 a piece, as investors increased their shares before launching the results on Monday, May 12, 2025.

In the earnings call, investors will be watching the company’s business expansion updates closely, after having achieved an investment of $ 35 million and a collaboration of $ 100 million with how much for the development of quantum computers.

According to the two companies, $ 100 million would invest together in the next five years for the development of quantum computers.

In other news, Rigetti Computing, Inc. (NASDAQ: RGTI) was selected as one of the participants in the Benchmarking Quantum Reference Initiative (QBI) of the Advanced Defense Research Project Agency (DARPA), whose main purpose is to determine if any focus on quantum computing can achieve a use of use at 2033.

According to RGTI, it will advance to stage A, a 6 -month performance period focused on its quantum computer concept at a useful scale worth up to $ 1 million at the end of the program milestones.

Generally, RGTI Rankes 5th On our list of Friday’s best performers. Although we recognize the potential of RGTI as an investment, our conviction lies in the belief that the AI ​​actions have a greater promise to obtain higher yields and to do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for a stock of Ia more promising than RGTI but you are quoting less than five times, see our report on this Ia stock cheap.