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Stock impact report

IonQ vs. Rigetti Computing: Which Quantum Stock Wins? [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
10 stocks we like better than Rigetti Computing › IonQ (NYSE: IONQ) and Rigetti Computing (NASDAQ: RGTI) are two of the more prominent publicly traded stocks in the field of quantum computing. Without wading too deep into the weeds of quantum computing , the main difference between the two companies is that IonQ uses a trapped-ion system, whereas Rigetti uses superconducting qubits . What's important is the real-life applications of these technologies and their commercial viability. Both companies are targeting similar industries, spanning from AI to finance to defense to cybersecurity to manufacturing. IonQ's latest quarterly report was largely positive. The company beat revenue expectations and increased its full-year revenue guidance to as much as $110 million. IonQ's operating costs still overshadow its revenue, however. Operating costs and expenses through the first nine months of the year were $473 million. IonQ also completed a $2 billion capital raise through the sale Show less Read more
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