TECHNOLOGYR/CRYPTOCURRENCY
RGTION consolidation after Rigetti's quantum news, What's the next move?
Rigetti Computing reported massive Q1 revenue growth driven by their new 108-qubit quantum system, but high R&D costs are weighing on the stock. The post-earnings sell-off seems to have stabilized, with a long, flat consolidation and drying up volume. The market is waiting for the next catalyst.