Rigetti Computing Q1 earnings on deck: What to expect

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Rigetti Computing is set to report its first-quarter earnings, with Wall Street anticipating a loss of 4 cents per share on $4.13 million in revenue. The company recently secured an $8.4 million order for a 108-qubit quantum computer and outlined plans for significant investment in the U.K. Despite these developments and a debt-free balance sheet, Rigetti faces challenges including a delay to its Cepheus system and increased bearish sentiment in the quantum computing sector, contributing to a 17% stock decline this year.