Shares of Rigetti Computing Inc ( RGTI ) are down 22% Monday morning and have plummeted approximately 54% to $7.28 since Wednesday's open. Nvidia CEO Jensen Huang's and Meta Platforms CEO Mark Zuckerberg’s recent comments have raised doubts about the near-term viability of quantum computing. What Happened: During Nvidia's analyst day, Huang suggested that practical quantum computers are still 15...

Editor’s note: The headline of this story has been corrected to remove an error around Sonos ( SONO ) price action Monday morning. Sonos Inc ( SONO ) shares are trading lower Monday after the company announced a CEO transition. What Happened: Sonos ( SONO ) on Monday announced that Patrick Spence will step down from his role as CEO...

10:59 AM EST, 01/13/2025 (MT Newswires) -- Illumina ( ILMN ) said Monday it will combine its sequencing technologies and connected software with Nvidia's ( NVDA ) artificial intelligence tools to analyze and interpret large amounts of multiomic data to advance clinical research, genomics AI development, and drug discovery. Initially, Illumina ( ILMN ) said it will work to make...

IonQ Inc ( IONQ ) shares are trading lower Monday alongside several other quantum computing stocks as the quantum sector continues to face selling pressure on the back of cautious commentary from Nvidia Corp ( NVDA ) CEO Jensen Huang. What Happened: At CES 2025 last week, Huang suggested that quantum computing could be two decades away from practical use....