To The Moon

Berlin | Tesla’s sales in Germany plunged in February, part of a wider slump across Europe that has undercut the company’s share price and highlighted anger at the political activities of Elon Musk, the company’s CEO.Sales of Tesla cars in Germany, Europe’s largest market for electric vehicles, dove 76 per cent in February compared with a year earlier, the German Association of the Automotive Industry said on Wednesday . The US carmaker’s sales in the country have fallen two months in a row.Loading...

Rigetti Computing Inc. saw its stock plummet 10.64% in after-hours trading on Wednesday, following the company's disappointing fourth-quarter earnings report.The quantum computing firm missed Wall Street's revenue expectations for the quarter. Rigetti reported Q4 2024 revenue of $2.27 million, falling short of the $2.5 million consensus estimate. The company's revenue declined 32.6% year-over-year from $3.38 million in Q4 2023.Rigetti also reported a wider net loss of $153 million for the quart

Rigetti Computing, Inc. came out with a quarterly loss of $0.08 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.Rigetti Computing , which belongs to the Zacks Internet - Software industry, posted revenues of $2.27 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 5.25%. This compares to year-ago revenues of $3.38 million. The company has not been able to beat consensus revenue estimates over the last four quarters.Rigetti Computing shares have lost about 48.5% since the beginning of the year versus the S&P 500's decline of -1.8%.While Rigetti Computing has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry R

Rigetti Computing reported a Q4 loss late Wednesday of $0.68 per diluted share, widening from the loss of $0.09 a year earlier.Analysts polled by FactSet expected a loss of $0.07.Revenue in the three months ended Dec. 31 fell to was $2.27 million from $3.38 million a year earlier.Analysts surveyed by FactSet expected $2.5 million.Shares of the company fell 4.9% in after-hours trading.

US February ADP Nonfarm Employment Change +77K (Est. +140K, Prior +183K)

Tesla Inc.’s registrations plummeted in Germany last month as Chief Executive Officer Elon Musk irked voters taking part in the country’s closely contested federal election.Sales plunged 76% to 1,429 cars, according to the German Federal Motor Transport Authority. Tesla’s showing was in stark contrast with overall electric vehicle registrations, which jumped 31% in February.Musk endorsed the far-right Alternative for Germany in the months leading up to the Feb. 23 election, throwing his weight b

Michael Saylor and three other crypto leaders have confirmed attendance at Trump’s White House Crypto Summit on March 7.Ripple CEO Brad Garlinghouse might attend, but his participation remains unconfi

US Car Maker Stocks Jumped, GM up 7%, Ford up 5%, Tesla up 2%

Quantum computing company Rigetti Computing ($RGTI) is scheduled to report its results for the fourth quarter of 2024 after the market closes on We...

Tesla Inc. is tempting customers with charging perks and cheap financing to help revitalize sales amid a slow start to the year for the electric-vehicle maker.