Latest news with #quantumtechnology
Forbes
13 hours ago
- Business
- Forbes
Rigetti Computing: Sell RGTI Stock Ahead of Its Earnings?
Rigetti Computing (NASDAQ:RGTI) is set to announce its earnings on Tuesday, August 12, 2025. Historically, the stock has shown a greater likelihood of a negative one-day return following its earnings announcements. Over the last five years, RGTI stock recorded a negative one-day return in 57% of these cases. The median one-day loss was -6.9%, while the maximum one-day negative return reached -14.6%. For traders focused on events, historical trends can provide an edge. You can apply this information in two ways: Although much will rely on how the company's results stack up against analyst predictions, it's crucial to recognize that Rigetti is an early-stage quantum technology firm that hasn't yet turned a profit. Analysts anticipate that Rigetti's Q2 results will demonstrate a contraction, estimating revenue around $1.87 million and a net loss of $0.04 per share. This indicates a revenue drop from $3.09 million in the same quarter of the previous year, although the net loss has improved from $0.09 per share. Examining the fundamentals, the company currently has a market capitalization of $4.5 billion. In the past twelve months, Rigetti achieved $9.2 million in revenue but did not reach profitability, incurring an operating loss of -$74 million and a net loss of -$138 million. That being said, if you are looking for potential gains with less volatility compared to individual stocks, the Trefis High Quality portfolio offers an option — it has outperformed the S&P 500 and generated returns exceeding 91% since it was established. Additionally, check out – The Trade Desk: Buy TTD Stock Now At $65? See earnings reaction history of all stocks Rigetti Computing's Historical Odds Of Positive Post-Earnings Return Here are some insights regarding one-day (1D) post-earnings returns: Additional data for observed 5-Day (5D) and 21-Day (21D) returns following earnings is summarized alongside the statistics in the table below. Related – Why Is Rigetti Stock Soaring 70%? Correlation Between 1D, 5D, and 21D Historical Returns A comparatively less risky approach (though ineffective if the correlation is low) is to understand the correlation between short-term and medium-term returns after earnings, identify a pair with the highest correlation, and carry out the necessary trade. For instance, if 1D and 5D show the strongest correlation, a trader can position themselves 'long' for the next 5 days if the 1D post-earnings return is positive. Below is some correlation data derived from a 5-year and a 3-year (more recent) history. Note that the correlation 1D_5D refers to the relationship between 1D post-earnings returns and subsequent 5D returns. Also, see – Can Rigetti Computing Stock See Another Tenfold Increase? Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all three, the S&P 500, S&P mid-cap, and Russell 2000), producing strong returns for investors. Alternatively, if you are seeking gains with a more stable performance than an individual stock like Rigetti Computing, look into the High Quality portfolio, which has outperformed the S&P and achieved over 91% returns since its launch.
CTV News
2 days ago
- Science
- CTV News
University of Waterloo to establish Dieter Schwarz Chair of Physics of Information and AI
A financial gift from a German foundation will allow the University of Waterloo to introduce a new position examining the laws of nature and advances in quantum technology. According to a news release from the university on Wednesday, the Dieter Schwarz Foundation has made its first investment at a Canadian university. The money will be used to establish the Dieter Schwarz Chair in the Physics of Information and AI at the University of Waterloo. 'The physics of information provides a bridge between quantum theory and advanced technologies, including quantum computing and communication,' the release said. 'With the rise of artificial intelligence, the field has expanded to include machine learning and quantum algorithm design.' The university said work in this area may help inspire new innovations in a wide variety of areas, including medicine, materials science and cybersecurity. Achim Kempf, a professor of mathematic physics in the Department of Applied Mathematics, has been named as the first Dieter Schwarz Chair. Previously, he spent 10 years as Canada Research Chair in the Physics of Information and is an associate member of the Institute for Quantum Computing and the Waterloo Artificial Intelligence Institute. He is also an ssociate member of the Perimeter Institute for Theoretical Physics. 'The physics of information is likely the key to understanding machine learning — and, vice versa, machine learning is likely to be the key to bringing quantum technology to maturity,' Kempf said. 'That synergy holds the potential to dramatically change our way of life. It's a privilege to lead this research and build a global team of experts in the field.'
Forbes
3 days ago
- Business
- Forbes
D-Wave Quantum: Buy QBTS Stock Ahead of Its Upcoming Earnings?
D-Wave Quantum (NYSE:QBTS) is scheduled to report its latest earnings on Thursday, August 7, 2025. Historically, the stock has reacted positively to its earnings reports, with a one-day price increase in 67% of instances following the announcement. For event-driven traders, this historical pattern can be a useful guide. There are two primary strategies to consider: As is typical for early-stage quantum technology companies, D-Wave is not yet profitable and continues to burn cash. However, its Q2 results are expected to show improvement. Analysts project revenues of approximately $2.54 million and a net loss of $0.05 per share, which would be a notable improvement from the prior-year quarter's revenue of $2.18 million and a net loss of $0.11 per share. From a fundamental standpoint, D-Wave has a current market capitalization of $5.2 billion. Over the last twelve months, the company generated $21 million in revenue but reported significant operational losses of $71 million and a net loss of $132 said, if you seek upside with lower volatility than individual stocks, the Trefis High Quality portfolio presents an alternative - having outperformed the S&P 500 and generated returns exceeding 91% since its inception. See earnings reaction history of all stocks D-Wave Quantum's Historical Odds Of Positive Post-Earnings Return Some observations on one-day (1D) post-earnings returns: Additional data for observed 5-Day (5D) and 21-Day (21D) returns post earnings are summarized along with the statistics in the table below. Correlation Between 1D, 5D, and 21D Historical Returns A relatively less risky strategy (though not useful if the correlation is low) is to understand the correlation between short-term and medium-term returns post earnings, find a pair that has the highest correlation, and execute the appropriate trade. For example, if 1D and 5D show the highest correlation, a trader can position themselves "long" for the next 5 days if the 1D post-earnings return is positive. Here is some correlation data based on a 5-year and a 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and subsequent 5D returns. Consider The Risks As Well While D-Wave's historical data suggests a possible positive reaction to its earnings report, investors should be aware of the significant risks involved. The company has a high cash burn rate and a very small revenue base, which is typical for a business in a nascent industry. Quantum technology is still years away from widespread commercial use, making its future revenue streams uncertain. Additionally, QBTS stock is highly volatile. During the 2022 market correction, the stock plummeted 97% from its peak, a stark contrast to the S&P 500's 25% decline. It took until May of this year for the stock to recover to its previous highs. This history of dramatic swings highlights the considerable risk associated with trading or investing in D-Wave. See – Buy or Sell QBTS stock – for more details. In contrast, you can look at the Trefis RV strategy that has outperformed its all-cap stocks benchmark (combination of all 3, the S&P 500, S&P mid-cap, and Russell 2000), to produce strong returns for investors. Separately, if you want upside with a smoother ride than an individual stock like D-Wave Quantum, consider the High Quality portfolio, which has outperformed the S&P and clocked >91% returns since inception.
Finextra
3 days ago
- Business
- Finextra
Quantum fintech Orientom expands in SE Asia
Orientom (CEO AlfredBang), a company developing domestic quantum financial technology, has begun expanding into Southeast Asia. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Orientom announced on the 5th that it attended the 'Thailand Quantum Summit 2025', an international conference for the global development of quantum technology and ecosystem construction, and revealed its own financial quantum technology under development. This event began on the 3rd and concludes on the 5th. It aims to foster collaboration among academia, talent, industry, and investors, and to foster a sustainable quantum technology ecosystem. Responsive Image The event was hosted by the Quantum Technology Research Initiative (QTRI). Official sponsors included the Thailand Quantum Technology Research Initiative Consortium (QTRic), a consortium of approximately 100 quantum experts in Thailand, the Program Management Unit-B (PMU-B), and the National Higher Education, Science, Research, and Innovation Policy Board (NXPO). At this summit, Orientom attracted attention by presenting a session on the 4th, introducing the current status of quantum finance algorithm development, actual use cases, and sharing insights on the potential application of quantum technology to the financial industry. Orientom's Chief Financial Officer, Jeong Ho Chu, said, 'The price of derivatives is determined by the movement of the underlying asset, and the option price evaluation method requires high-dimensional calculations such as Monte Carlo simulation and Finite Difference Method for the Black-Scholes model.' He added, 'Quantum algorithms will enable real-time pricing and risk analysis of complex structured note by dramatically improving computational speed compared to existing methods.' 'Quantum algorithms enable high-dimensional probability modeling to be processed much more precisely and quickly,' said Chu. 'This could be a major turning point, particularly in the valuation of derivatives and structured notes.' 'This summit provided us with opportunities to collaborate and advance into Thailand and the Asia-Pacific region,' said AlfredBang, CEO of Orientom. 'We will continue to actively work to build a global quantum ecosystem.'
The National
28-07-2025
- The National
Airlines in Middle East to test GPS alternatives as 'jamming' risk hits navigation
Airlines and governments in the Middle East have been invited to take part in the ongoing testing of a new navigation technology that some experts say is significantly more reliable than Global Positioning Satellite systems. SandboxAQ, a developer of products involving quantum technology and artificial intelligence, recently heralded the 'commercially available prototype' of the technology they're calling AQNav. This comes as GPS, the standard navigation system around the world, has become a victim of its own success, and is increasingly vulnerable to GPS jamming which can renders the navigation assistance unusable. GPS jamming − also known as GPS spoofing − became a prominent problem in June during the air war between Israel and Iran. Smartphone users across the Middle East reported anomalies with their GPS locations, which were wildly inaccurate. GPS has gained immense popularity thanks to the ease it can be incorporated into technology. But this ubiquity is becoming a growing vulnerability. SandboxAQ recently announced that Acubed, an Airbus company, completed what they're describing as 'rigorous real-world testing' of the touted GPS alternative, AQNav, which uses the magnetic field of the Earth along with quantum sensors that pick up the magnetic signals with the help of special AI software. Tests lasted five months and involved more than 100 flights that took place across 'diverse geographies and conditions'. According to SandboxAQ and Acubed, the test results show that AQNav 'consistently beat' the US Federal Aviation Administration's en route navigation standards. 'Pilots need to be able to trust their navigation systems,' Luca Ferrara, general manager for SandboxAQ's navigation business unit, told The National. 'When they can trust it, they're less stressed, they have less of a cognitive workload and they don't have worry about dealing with GPS loss,' he explained. SandboxAQ says that AQNav is rooted in and inspired by nature, and utilises the Earth's magnetic field, similar to how birds and other animals use it to navigate. That approach, combined with Sandbox AQ's proprietary AI software and use of hardware, gives it significantly more resilience and reliability compared to GPS, Mr Ferrara said. SandboxAQ also points out that unlike GPS, it doesn't connect to the internet, cloud or satellites. In the recent tests from Acubed, AQNav logged more than 44,000km, 'surpassing the Earth's circumference, without relying on GPS'. Mr Ferrara said more testing will now take place with hopes of eventually readying the system to be used on commercial airlines. SandboxAQ hopes to gain more insight into how to best position the magnetic censors used by the system on various aircraft, along with other details. Testing will help establish whether users would transfer navigation data to an existing computer on the plane, or a separate computer not connected to the internet or any network on board. This system is known as air-gapping, which is broadly viewed as more secure. 'Do we want it to pipe the data into the flight management computer or do we want it to go in an air-gapped way?' asked Mr Ferrara. He said Sandbox AQ currently has contracts with the US Air Force, and he expects the new navigation technology to first be adopted by defence and national security agencies, and then commercial entities. Through more testing, followed by a 'constructive dialogue' with aviation regulators around the world, Mr Ferrara said there's hope that commercial airlines will also be able to implement the system. Given the Middle East's increasingly strong presence in commercial aviation, with countries like the UAE playing a crucial role with international travel, it makes sense to push for testing among the region's airlines. 'We're looking for forward-leaning partners in the aerospace sector within the Gulf region to collaborate with,' Mr Ferrara said. He said the company is in discussions with several companies, and hopes to continue with those efforts given the Middle East's tourism footprint and globally recognised airline brands.
