Rigetti stock dips after Q3 miss despite smaller loss

5 articles I'm watching carefully

Tyler Dupont
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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Rigetti stock dips after Q3 miss despite smaller loss

Rigetti Computing posted a Q3 adjusted loss of 3 cents per share, beating expectations of 5 cents, but revenue fell 18% to $1.95M, missing forecasts. Despite a 68% YTD gain, shares fell 1% post-earnings as concerns persist over slow revenue growth in quantum computing.

Boeing stock drops as FAA grounds MD-11 cargo jets

Boeing shares extended their slide, falling below the 200-day moving average after the FAA grounded MD-11 jets due to a fatal UPS crash. UPS and FedEx, key operators of the model, also declined as the grounding affects 9% of UPS’s airfleet ahead of the holiday shipping season.

Stocks rise on shutdown deal progress, tech leads rebound

U.S. stocks surged as the Senate advanced a deal to end the federal shutdown. The S&P 500 rose 1.2%, led by tech gains. Micron jumped 7%, Seagate 5%. Health insurers fell amid uncertainty on tax credits. Investors eye AI momentum and delayed economic data for direction.

🪙 Crypto

Ripple pushes into Wall Street with $4B finance pivot

Ripple Labs is expanding beyond crypto, acquiring firms like Hidden Road and GTreasury to build a $40B finance platform. It launched Ripple Prime to serve U.S. institutions and aims to integrate XRP tech with traditional banking as regulatory scrutiny eases.

🌎 Global Economy

AI Disruption Reshapes Labor and Growth in 2025

AI is transforming global economies by displacing over 100K tech jobs in 2025 while creating new roles across healthcare and manufacturing. Reports from IMF and CEPR highlight productivity boosts and uneven sectoral impacts, with global GDP growth projected to reach 4–6% annually.

CTV ads made easy: Black Friday edition

As with any digital ad campaign, the important thing is to reach streaming audiences who will convert. Roku’s self-service Ads Manager stands ready with powerful segmentation and targeting — plus creative upscaling tools that transform existing assets into CTV-ready video ads. Bonus: we’re gifting you $5K in ad credits when you spend your first $5K on Roku Ads Manager. Just sign up and use code GET5K. Terms apply.

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