Rigetti's financial stability, combined with growing analyst confidence and strategic partnerships, positions the quantum computing pioneer for future growth.
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 7.1% in the afternoon session after the company announced a 38% year-over-year increase in second-quarter deliveries, though the figures fell short of analyst expectations. Lucid announced it delivered 3,309 vehicles in the second quarter, a significant jump from the 2,394 vehicles delivered in the same period last year. However, this number missed the consensus estimate of 3,611 vehicles from Wall Street analysts. The company also reported producing 3,863 vehicles during the quarter. For the first half of 2025, Lucid produced 6,075 vehicles and delivered 6,418, indicating it has been selling down previously built inventory. Investors are reacting positively to the strong year-over-year growth, even with the delivery miss.
Shares of boutique fitness studio franchisor Xponential Fitness (NYSE:XPOF)
jumped 34.1% in the afternoon session after the company announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the company without recommending any enforcement action.
Shares of restaurant software company (NYSE:OLO)
jumped 13.5% in the afternoon session after it entered into a definitive agreement to be acquired by software investment firm Thoma Bravo in an all-cash transaction valued at approximately $2 billion.
Shares of cloud monitoring software company Datadog (NASDAQ:DDOG) jumped 14.2% in the afternoon session after reports the company will be added to the S&P 500 index.
Shares of semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) jumped 5% in the afternoon session after the U.S. government lifted export restrictions on certain chip design software to China. The move signaled a de-escalation in a trade dispute that had previously required U.S. firms to obtain licenses for selling specific electronic design automation (EDA) tools in China. Cadence, a major player in the EDA software market, confirmed it was restoring access for its Chinese customers. This development is significant as it reopens a critical market for the company. Analysts anticipated that renewed access to the Chinese market could lead to a notable revenue increase for EDA firms like Cadence. The easing of these trade tensions provides a clearer outlook for the company's sales in the region, which had been clouded by the restrictions imposed in May.
Datadog, a leading provider of essential monitoring and security platform for cloud applications, continues to expand its AI capabilities through acquisitions.
Senator Cynthia Lummis (R-WY) introduces digital asset tax reform bill to ease regulatory burdens on crypto users, including $300 exemption for small transactions and parity with traditional financial instruments.
Silver is trading with a modest positive bias on Thursday, holding steady near $36.75 during the American trading session after easing from an intraday high of $37.07.
