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Shockwaves Hit Palantir: Can AI Innovations Weather Defense Budget Cuts?

Shockwaves Hit Palantir: Can AI Innovations Weather Defense Budget Cuts?

Palantir Technologies’ stock plunged 10% following the Trump administration’s announcement of an 8% annual reduction in Pentagon budgets over the next five years. The drop sparked concern among investors over potential declines in government defense contracts for Palantir. Despite the setback, Palantir’s
20 February 2025
Quantum Leap or Stumble? The Surprising Fall of Rigetti Computing

Quantum Leap or Stumble? The Surprising Fall of Rigetti Computing

Rigetti Computing, Inc. (NASDAQ:RGTI) experienced a significant 10.92% stock decline, closing at $10.52, amid unexpected market pressures. Increased competition in quantum computing, especially from China’s Origin Quantum Computing, overshadows Rigetti’s upcoming 36-qubit release with a new 72-qubit prototype. Rigetti aims to unveil
19 February 2025
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