I met Carole Guscott, a retired former carer, on a clear winter’s morning in the Somerset town of Minehead. She was walking her whippet, Gracie, on the way back to her new flat, past the local Premier Inn and on to a cul de sac called Rainbow Way. “I knew as soon as I saw it,” she told me. “I just thought: ‘I can make this place my home.’” Up until recently, she was living in a private rented plac...
I met Carole Guscott, a retired former carer, on a clear winter’s morning in the Somerset town of Minehead. She was walking her whippet, Gracie, on the way back to her new flat, past the local Premier Inn and on to a cul de sac called Rainbow Way. “I knew as soon as I saw it,” she told me. “I just thought: ‘I can make this place my home.’” Up until recently, she was living in a private rented place near the centre of town and paying £780 a month in rent. For four years she had known that Rainbow Way was being built. She also knew that its houses and flats were an example of something that is vanishingly rare in post-Thatcher Britain: new council housing, which meant security for the people chosen to be the tenants but also intense competition for places. But she then got a call, and an invitation to come and have a look. “I was stunned,” she said. She instantly decided to move in, paying just over £500 in monthly rent, and delighting in the views of the surrounding hills and townscape. “The flat is just so open and bright,” she told me. “I feel blessed that I’m here.” She also said: “Without a council house, there just isn’t the security.” There are 54 new council homes on Rainbow Way: 33 flats and 21 houses – the first such dwellings to be built in this part of Somerset in 30 years. Around half the people now living here were recently “homeless, facing harassment, being moved on from supported accommodation or urgently needing two or more bedrooms due to family circumstances”. Of the new tenants, 89% were already resident in Minehead and 11% had “strong local connections”: an important point, because the town is a byword for deprivation and low social mobility, with an economy centred on seasonal employment – symbolised by its renowned and vast Butlin’s – and a dire level of local housing need. View image in fullscreen Some of the new houses at Rainbow Way. Photograph: Jim Wileman/The Guardian And so here it all is: gently contemporary architecture, a compact child...
This all-day Essex cafe next to a garden centre is a scone-fuelled delight A tipoff to try the Tin Roof Cafe in Maldon came with prior warning: I wouldn’t get a table easily as this all-day spot serving brunch, lunches and sweet stuff from the in-house bakery is constant, scone-fuelled bedlam. Red brick walls, greenery throughout, alfresco spaces, allotments growing fresh veg and herbs. Capacious,...
This all-day Essex cafe next to a garden centre is a scone-fuelled delight A tipoff to try the Tin Roof Cafe in Maldon came with prior warning: I wouldn’t get a table easily as this all-day spot serving brunch, lunches and sweet stuff from the in-house bakery is constant, scone-fuelled bedlam. Red brick walls, greenery throughout, alfresco spaces, allotments growing fresh veg and herbs. Capacious, family-run, dog-welcoming, pocket-friendly. There’s bubble and squeak with hand-cut ham, Korean-style chicken burgers and a vegan burger called, rather brilliantly, “Peter Egan” after, I’m guessing, the animal-loving actor who played Paul in Ever Decreasing Circles. Could this place be any more adorable? No, but still, brace yourself. “It’s one in, one out,” I was told. “There’s a seated holding pen at the front where you wait for a table. Stand your ground in there. There’s loads of sharp-elbowed garden-centre folk. I think they’re there for the Basque cheesecake.” Ah, yes, the equally vast Claremont garden centre, just a few steps away. Cake, as we all know, is catnip to gardeners. Sends them daft. Come for 20 litres of alkaline topsoil and a terracotta trough, stay for the seasonal pavlova and thick wodges of billionaire’s shortbread. That’s millionaire’s shortbread with an extra layer of caramel decadence. Clearly real billionaires would never eat this shortbread, as they’re all on longevity hunts fuelled by OMAD (one meal a day), that meal being a posh spin on Trill budgie food. Continue reading...
The Florida congressman Maxwell Alejandro Frost said he was assaulted by a man who said Donald Trump would deport him at a party during the Sundance film festival in Utah. “Last night, I was assaulted by a man at Sundance Festival who told me that Trump was going to deport me before he punched me in the face,” Frost said in a Saturday post on X. “He was heard screaming racist remarks as he drunken...
The Florida congressman Maxwell Alejandro Frost said he was assaulted by a man who said Donald Trump would deport him at a party during the Sundance film festival in Utah. “Last night, I was assaulted by a man at Sundance Festival who told me that Trump was going to deport me before he punched me in the face,” Frost said in a Saturday post on X. “He was heard screaming racist remarks as he drunkenly ran off. The individual was arrested and I am okay.” The 29-year-old lawmaker, who made history as the first Afro-Cuban and the first member of Gen Z to be elected to Congress, thanked venue security and Park City police for their response to the incident. In a statement, Park City police said the suspect, identified as Christian Young, was arrested and booked on charges of “aggravated burglary and two counts of simple assault, with each charge subject to a sentencing enhancement”. According to statement provided by Park City police community outreach lieutenant Danielle Snelson, officers responded to an incident at the High West Saloon just after midnight. “Upon arrival, officers conducted an investigation and determined that Christian Young unlawfully entered a private party after previously being turned away for not having an invitation. Once inside the saloon, Young assaulted Florida Congressman Maxwell Frost and a female who was attending the private event,” it said. Frost confirmed the assault in post shared in response to a Variety article, which reported that Frost was attacked on Friday at a private event hosted by the talent agency CAA. According to the entertainment site, a “party crasher” was arrested after a “racially charged incident” that occurred in a venue bathroom. The attacker “apparently shocked other people in the bathroom by talking about how proud he was to be ‘white’. He then allegedly punched Frost, after he left the facilities,” Variety reported, citing a source at the party. “Multiple people at the CAA party saw the congressman get punched in t...
Retail investors have been divesting Apple Inc. (NASDAQ:AAPL) shares while flocking to Nvidia Corp. (NASDAQ:NVDA) and Tesla Inc. (NASDAQ:TSLA) stocks. Retail investors have bought $15 billion of Nvidia stock since July 2025, outpacing all other Magnificent 7 companies combined, according to The Kobeissi Letter, which cited data from J.P. Morgan Equity Strategy & Quantitative Research. Tesla follow...
Retail investors have been divesting Apple Inc. (NASDAQ:AAPL) shares while flocking to Nvidia Corp. (NASDAQ:NVDA) and Tesla Inc. (NASDAQ:TSLA) stocks. Retail investors have bought $15 billion of Nvidia stock since July 2025, outpacing all other Magnificent 7 companies combined, according to The Kobeissi Letter, which cited data from J.P. Morgan Equity Strategy & Quantitative Research. Tesla followed with $6 billion in net retail purchases. The cumulative retail buying spree marks a significant shift in investor preferences among the tech giants, with Tesla trailing with $6 billion in net retail purchases over the same period. Apple Faces $4 Billion Outflow According to data, Apple experienced the opposite trend, posting $4 billion in retail net outflows over the same period. The stark contrast highlights changing retail sentiment toward the iPhone maker compared to AI-focused competitors. “Retail seems to be ditching Apple for now,” The Kobeissi Letter noted. Notably, Sen. Markwayne Mullin (R-Okla.) recently purchased six Magnificent 7 stocks in late December, excluding Tesla. Other Tech Giants Trail Behind Meta Platforms Inc. (NASDAQ:META) and Amazon.com Inc. (NASDAQ:AMZN) each attracted over $3 billion in retail purchases, while Microsoft Corp. (NASDAQ:MSFT) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) saw over $2 billion each. Despite mixed performance, Securities and Exchange Commission-registered investment advisor Roundhill Investments maintains that these companies generate stronger revenue and earnings growth than the broader market. Photo courtesy: Michael Vi / Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
1971yes/iStock via Getty Images European aerospace and defense stocks are in focus, driven by an increased need to increase European security autonomy supported by expanding defense budgets. In a prior report, I covered TKMS, which is a market leader in conventional submarines. In this report I am adding Exail Technologies ( EXALF ) to my coverage. What Exail Technologies Does Exail Technologies E...
1971yes/iStock via Getty Images European aerospace and defense stocks are in focus, driven by an increased need to increase European security autonomy supported by expanding defense budgets. In a prior report, I covered TKMS, which is a market leader in conventional submarines. In this report I am adding Exail Technologies ( EXALF ) to my coverage. What Exail Technologies Does Exail Technologies Exail Technologies was formed in 2022 when two French technology companies, namely ECA Group and iXblue, merged. ECA Group was founded in 1936 and focused on autonomous underwater and marine robotics, while iXblue, founded in 2000, specializes in navigation and photonics. The merger brought two complementary technology portfolios together at a time when defense weapon systems and capabilities are rapidly being modernized. The company is active in three main areas: Autonomous Systems & Robotics: Provides underwater drones, unmanned surface vessels, and mine countermeasure platforms. Navigation & Sensors: Provides inertial navigation systems and motion sensors with applications in the land, sea, air, and space domains. Photonics & Aerospace: Provides optical components and fiber-optic technologies as well as communication systems and space instrumentation. The core of the business is autonomous naval vehicles and navigation systems, but we are increasingly seeing demand across other domains increasing. So, the company is an aerospace and defense company focusing on providing a technological edge in autonomy, intelligence, surveillance, and reconnaissance, as well as navigation and fiber optic solutions. The company has seen its order intake surge from €220 million in 2021 to €612 million by H1 2025, with more orders expected for 2025. Revenues during the first quarter were €220 million, indicating 35% growth while order intake surged 279%. It shows that the company has a growing revenue path ahead. The Risks and Opportunities for Exail As a French company focused on robotics, ...
Microsoft Stock (MSFT) Pulls Back 21% After Major Rally — Is More Downside Ahead? Written by: Konstantin Kaiser • • 3 min read • Quick overview Microsoft (MSFT) has experienced a significant decline of approximately 21% since reaching an all-time high of $555.5 in July 2025. The stock is currently testing critical support levels, with the golden ratio Fibonacci support at around $420 being a key d...
Microsoft Stock (MSFT) Pulls Back 21% After Major Rally — Is More Downside Ahead? Written by: Konstantin Kaiser • • 3 min read • Quick overview Microsoft (MSFT) has experienced a significant decline of approximately 21% since reaching an all-time high of $555.5 in July 2025. The stock is currently testing critical support levels, with the golden ratio Fibonacci support at around $420 being a key downside target. While the long-term trend remains bullish, short-term indicators show weakening momentum, with potential bearish signals emerging on multiple timeframes. A sustained break above the resistance zone of $471-$487 is necessary to invalidate the current bearish bias and re-establish a bullish trend. After years of strong gains across the technology sector, Microsoft (MSFT) marked a new all-time high around $555.5 in July 2025. Since then, the stock has declined roughly 21%, signaling a notable shift in short-term market momentum. Microsoft Stock (MSFT) Could Find Support at Golden Ratio Level Near $420 Since 2024, Microsoft (MSFT) has been trending lower from its prior high near $466, declining into the 0.382 Fibonacci retracement level around $371. This level aligned closely with a historical support zone between $350 and $389, from which the stock rebounded decisively. Following this reaction, MSFT rallied for approximately four months, advancing by roughly 61% and ultimately printing a new all-time high at $555.5. After initially correcting from that peak, the stock made another attempt at the all-time high in October 2025, but once again faced rejection. This failure marked the beginning of a pronounced correction phase, with MSFT declining by approximately 21% over the past four months. Technically, Microsoft now appears to be breaking below the 0.382 Fibonacci support near $475, opening the door for a continuation of the downside move toward the golden ratio (0.618) support at approximately $420. While the monthly EMAs continue to display a golden crossove...
Key Points Rigetti and D-Wave stocks took off like wildfire in 2025. As 2026 begins, both stocks look very expensive. Rigetti stock in particular looks at severe risk of a near-term earnings miss. 10 stocks we like better than Rigetti Computing › In twin columns last month, I argued that two of the most popular quantum computing stocks, Rigetti Computing (NASDAQ: RGTI) and D-Wave Quantum (NYSE: QB...
Key Points Rigetti and D-Wave stocks took off like wildfire in 2025. As 2026 begins, both stocks look very expensive. Rigetti stock in particular looks at severe risk of a near-term earnings miss. 10 stocks we like better than Rigetti Computing › In twin columns last month, I argued that two of the most popular quantum computing stocks, Rigetti Computing (NASDAQ: RGTI) and D-Wave Quantum (NYSE: QBTS), are both best avoided. As 2026 begins, I still think this today. Here's why. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » 1. Rigetti Computing Rigetti calls itself a "pioneer in full-stack quantum computing," having developed, sold, and operated quantum computers for clients "since 2017." But as I argued last month, while "Rigetti's a real business, with real revenue. It's just not a business with a lot of revenue." Rigetti's not a big enough business that it actually needs to break out its revenue by business divisions. But if Rigetti had divisions, then selling quantum computers would be its biggest business (bigger than developing or operating systems, at least). Over the three quarters of 2025 reported so far, Rigetti generated $5.2 million in revenue, 39% less than it collected in the first three quarters of 2024. In October 2025, Rigetti announced two sales of quantum computing systems that, combined, would generate more revenue than it generated in all of the first three quarters of 2025 combined -- $5.7 million. Problem is, Rigetti won't book that revenue until the first half of 2026. Thus, when Rigetti finally gets around to reporting its Q4 2025 results in March, those sales won't be part of the results. They won't show up before Q1, or more likely Q2 of fiscal 2026, in fact. Long story short, when Rigetti reports its Q4 2025 numbers at the start of calendar year 2026, it's probably going to "miss" analyst forecasts for $7.6 million in revenue. With sales continuing to d...
Crowds gathered in freezing temperatures in Minneapolis, near the scene where a man was shot dead during an altercation with federal agents on Saturday. People who gathered to lay flowers and light candles chanted Alex Pretti's name, and there were also angry scenes as protesters voiced their anger. The 37-year-old ICU nurse was killed less than three weeks after Renee Good was shot dead by an imm...
Crowds gathered in freezing temperatures in Minneapolis, near the scene where a man was shot dead during an altercation with federal agents on Saturday. People who gathered to lay flowers and light candles chanted Alex Pretti's name, and there were also angry scenes as protesters voiced their anger. The 37-year-old ICU nurse was killed less than three weeks after Renee Good was shot dead by an immigration agent in the city. The BBC's Tom Bateman is in Minneapolis.
Key Points Micron's high-bandwidth memory is fully booked through 2026. The stock is up over 260% in the past year. Micron anticipates its gross margin to increase from 57% to 68% in the next quarter. 10 stocks we like better than Micron Technology › Behind every AI company is a memory provider working overtime to keep up with demand. That's why Micron Technology(NASDAQ: MU), a manufacturer of com...
Key Points Micron's high-bandwidth memory is fully booked through 2026. The stock is up over 260% in the past year. Micron anticipates its gross margin to increase from 57% to 68% in the next quarter. 10 stocks we like better than Micron Technology › Behind every AI company is a memory provider working overtime to keep up with demand. That's why Micron Technology(NASDAQ: MU), a manufacturer of computer memory, could be the biggest surprise of 2026. Of course, we know Micron stock has shot up by more than 260% over the past 12 months, but the surprise is that the company will be in the driver's seat for high-bandwidth memory (HBM) for the next several years. Micron specializes in this type of memory that is vital for artificial intelligence processing. Supply is so far outpacing demand that Micron is already completely sold out through 2026. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Remember, AI is nothing without memory Memory is essential to AI's cognitive function. According to Micron's latest investor presentation, AI relies heavily on advanced memory for real-time contextual processing. This has applications from AI data centers to self-driving cars and even medical diagnostics. In its first-quarter fiscal 2026 earnings, Micron reported revenue rose 57% year over year to $13.6 billion. Gross margin was nearly 57%, but the company anticipates it expanding to 68% in Q2. This top-line growth means greater profitability and potentially higher rewards for shareholders through stock buybacks and dividends. In the past couple of years, Micron has spent $1 billion repurchasing 13 million shares and paid out $1.7 billion in dividends. The memory market could hit 12 figures soon The HBM market is expected to grow at a 40% compound annual growth rate (CAGR) through 2028. Micron expects the total addressable market to reach $100 billion by then. Th...
The chip manufacturer is capitalizing on a supply and demand imbalance in the memory market. Behind every AI company is a memory provider working overtime to keep up with demand. That's why Micron Technology (MU +0.52%), a manufacturer of computer memory, could be the biggest surprise of 2026. Expand NASDAQ : MU Micron Technology Today's Change ( 0.52 %) $ 2.07 Current Price $ 399.65 Key Data Poin...
The chip manufacturer is capitalizing on a supply and demand imbalance in the memory market. Behind every AI company is a memory provider working overtime to keep up with demand. That's why Micron Technology (MU +0.52%), a manufacturer of computer memory, could be the biggest surprise of 2026. Expand NASDAQ : MU Micron Technology Today's Change ( 0.52 %) $ 2.07 Current Price $ 399.65 Key Data Points Market Cap $450B Day's Range $ 390.74 - $ 412.43 52wk Range $ 61.54 - $ 412.43 Volume 35M Avg Vol 29M Gross Margin 45.53 % Dividend Yield 0.12 % Of course, we know Micron stock has shot up by more than 260% over the past 12 months, but the surprise is that the company will be in the driver's seat for high-bandwidth memory (HBM) for the next several years. Micron specializes in this type of memory that is vital for artificial intelligence processing. Supply is so far outpacing demand that Micron is already completely sold out through 2026. Remember, AI is nothing without memory Memory is essential to AI's cognitive function. According to Micron's latest investor presentation, AI relies heavily on advanced memory for real-time contextual processing. This has applications from AI data centers to self-driving cars and even medical diagnostics. In its first-quarter fiscal 2026 earnings, Micron reported revenue rose 57% year over year to $13.6 billion. Gross margin was nearly 57%, but the company anticipates it expanding to 68% in Q2. This top-line growth means greater profitability and potentially higher rewards for shareholders through stock buybacks and dividends. In the past couple of years, Micron has spent $1 billion repurchasing 13 million shares and paid out $1.7 billion in dividends. The memory market could hit 12 figures soon The HBM market is expected to grow at a 40% compound annual growth rate (CAGR) through 2028. Micron expects the total addressable market to reach $100 billion by then. That milestone could be reached two years earlier than Micron originally anti...
Key Points Micron's high-bandwidth memory is fully booked through 2026. The stock is up over 260% in the past year. Micron anticipates its gross margin to increase from 57% to 68% in the next quarter. 10 stocks we like better than Micron Technology › Behind every AI company is a memory provider working overtime to keep up with demand. That's why Micron Technology (NASDAQ: MU), a manufacturer of co...
Key Points Micron's high-bandwidth memory is fully booked through 2026. The stock is up over 260% in the past year. Micron anticipates its gross margin to increase from 57% to 68% in the next quarter. 10 stocks we like better than Micron Technology › Behind every AI company is a memory provider working overtime to keep up with demand. That's why Micron Technology (NASDAQ: MU), a manufacturer of computer memory, could be the biggest surprise of 2026. Of course, we know Micron stock has shot up by more than 260% over the past 12 months, but the surprise is that the company will be in the driver's seat for high-bandwidth memory (HBM) for the next several years. Micron specializes in this type of memory that is vital for artificial intelligence processing. Supply is so far outpacing demand that Micron is already completely sold out through 2026. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Remember, AI is nothing without memory Memory is essential to AI's cognitive function. According to Micron's latest investor presentation, AI relies heavily on advanced memory for real-time contextual processing. This has applications from AI data centers to self-driving cars and even medical diagnostics. In its first-quarter fiscal 2026 earnings, Micron reported revenue rose 57% year over year to $13.6 billion. Gross margin was nearly 57%, but the company anticipates it expanding to 68% in Q2. This top-line growth means greater profitability and potentially higher rewards for shareholders through stock buybacks and dividends. In the past couple of years, Micron has spent $1 billion repurchasing 13 million shares and paid out $1.7 billion in dividends. The memory market could hit 12 figures soon The HBM market is expected to grow at a 40% compound annual growth rate (CAGR) through 2028. Micron expects the total addressable market to reach $100 billion by then. T...
Key Points Palantir has recently been a top performer, with shares up 130% over the last 12 months. The company will need to overcome rising competition and a high valuation to stay relevant. 10 stocks we like better than Palantir Technologies › With a market cap of $400 billion, big data analytics company Palantir Technologies (NASDAQ: PLTR) has proven itself to be one of the biggest winners in t...
Key Points Palantir has recently been a top performer, with shares up 130% over the last 12 months. The company will need to overcome rising competition and a high valuation to stay relevant. 10 stocks we like better than Palantir Technologies › With a market cap of $400 billion, big data analytics company Palantir Technologies (NASDAQ: PLTR) has proven itself to be one of the biggest winners in the generative artificial intelligence (AI) boom. Investors are betting on its ability to help introduce its powerful software-as-a-service (SaaS) tools to the U.S. military and other public sector clients while also enjoying solid adoption with regular enterprise customers. Palantir's business momentum has begun to accelerate in recent years. The company's shares have responded by jumping over 1,700% from their initial public offering (IPO) in 2020. But past performance doesn't guarantee future results, and new investors will be curious to know if Palantir is still capable of multibagger growth. Let's dig deeper to find out. What is Palantir's edge? Organizations generate a massive amount of unstructured data during their operations. And at its core, Palantir's role is to sift through this information to find actionable insights such as fraud patterns, operational trends, and business opportunities. This type of data mining is distinct from the generative AI behind large language models (LLMs). But the two technologies synergize exceptionally well with each other. Generative AI can allow an operator to interact with data analytics software with simple text-based prompts instead of complex workflows that require significant training. AI can also speed up the data mining process by giving real-time insights in fast-paced scenarios. This technology obviously has military applications. And Palantir is working with the armed forces of U.S. allies like Israel and Ukraine for targeting enemy assets, mine removal, and other battlefield technologies. The release of Palantir's offici...
As a Singaporean urban farming company in the land-scarce city state, Archisen found itself in need of more land, ready talent and lower costs of production that would allow it to access the local market. The Johor-Singapore Special Economic Zone (JS-SEZ) has provided an attractive solution, according to chief executive Vincent Wei. The economic zone, the world’s first involving two countries, was...
As a Singaporean urban farming company in the land-scarce city state, Archisen found itself in need of more land, ready talent and lower costs of production that would allow it to access the local market. The Johor-Singapore Special Economic Zone (JS-SEZ) has provided an attractive solution, according to chief executive Vincent Wei. The economic zone, the world’s first involving two countries, was officially launched a year ago, with Malaysian Prime Minister Anwar Ibrahim and his Singaporean counterpart Lawrence Wong agreeing to develop 11 focus industries including food security, aerospace, pharmaceuticals and electronics in the 3,571 sq km (1,379 square mile) zone, nearly five times the size of Singapore. Advertisement While the JS-SEZ has performed well in terms of attracting sizeable investment in the first year of its official launch amid a time of global uncertainty, experts note that improvements can still be made on coordination on the ground between the two countries’ systems for more seamless operations. Singapore Prime Minister Lawrence Wong (left) and his Malaysian counterpart Anwar Ibrahim agreed to develop 11 focus industries in the Johor-Singapore Special Economic Zone. Photo: Reuters Archisen is one of the first movers into a new flagship agrifood hub on the Johor side, the Southern Agropolis, which broke ground earlier this month. A recent Bloomberg report said the hub was expected to cost US$123 million and supply 10,000 tonnes of fresh produce a year. Advertisement “The JS-SEZ provided Archisen with an opportunity to expand into an area with available land, affordable costs of production, ready talent, and access to Singapore and Malaysia markets. It was generally smooth and both the Malaysian and Singapore governments were very supportive,” Wei told This Week in Asia.
Quantum computing sounds cool. Losing money on overpriced quantum stocks isn't cool, however. In twin columns last month, I argued that two of the most popular quantum computing stocks, Rigetti Computing (RGTI 6.05%) and D-Wave Quantum (QBTS 6.54%), are both best avoided. As 2026 begins, I still think this today. Here's why. 1. Rigetti Computing Expand NASDAQ : RGTI Rigetti Computing Today's Chang...
Quantum computing sounds cool. Losing money on overpriced quantum stocks isn't cool, however. In twin columns last month, I argued that two of the most popular quantum computing stocks, Rigetti Computing (RGTI 6.05%) and D-Wave Quantum (QBTS 6.54%), are both best avoided. As 2026 begins, I still think this today. Here's why. 1. Rigetti Computing Expand NASDAQ : RGTI Rigetti Computing Today's Change ( -6.05 %) $ -1.51 Current Price $ 23.45 Key Data Points Market Cap $7.7B Day's Range $ 23.25 - $ 25.21 52wk Range $ 6.86 - $ 58.15 Volume 30M Avg Vol 43M Gross Margin -6849.48 % Rigetti calls itself a "pioneer in full-stack quantum computing," having developed, sold, and operated quantum computers for clients "since 2017." But as I argued last month, while "Rigetti's a real business, with real revenue. It's just not a business with a lot of revenue." Rigetti's not a big enough business that it actually needs to break out its revenue by business divisions. But if Rigetti had divisions, then selling quantum computers would be its biggest business (bigger than developing or operating systems, at least). Over the three quarters of 2025 reported so far, Rigetti generated $5.2 million in revenue, 39% less than it collected in the first three quarters of 2024. In October 2025, Rigetti announced two sales of quantum computing systems that, combined, would generate more revenue than it generated in all of the first three quarters of 2025 combined -- $5.7 million. Problem is, Rigetti won't book that revenue until the first half of 2026. Thus, when Rigetti finally gets around to reporting its Q4 2025 results in March, those sales won't be part of the results. They won't show up before Q1, or more likely Q2 of fiscal 2026, in fact. Long story short, when Rigetti reports its Q4 2025 numbers at the start of calendar year 2026, it's probably going to "miss" analyst forecasts for $7.6 million in revenue. With sales continuing to decline, it'll probably also miss forecasts for a halving ...
honglouwawa/iStock via Getty Images By Jennifer Nash The S&P 500 kicked off the shortened trading week on a sour note but managed to claw back a portion of those losses, ultimately finishing the week with a loss of -0.4%. The index is now 0.88% off its all-time high from January 12, 2026. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reac...
honglouwawa/iStock via Getty Images By Jennifer Nash The S&P 500 kicked off the shortened trading week on a sour note but managed to claw back a portion of those losses, ultimately finishing the week with a loss of -0.4%. The index is now 0.88% off its all-time high from January 12, 2026. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reached each year dating back to 2013. Here is a snapshot of the index from the past six months with a 50-day moving average: S&P 500: A Perspective on Drawdowns On October 9, 2007, the S&P 500 reached an all-time high, closing the day at 1565.15. Then on March 9, 2009, the index dropped ~57% off of its high from exactly 17 months before, closing the day at 676.53. This time period became known as the Global Financial Crisis. It took over 5 years before the index reached a new all-time high on March 28, 2013, where it closed out at 1569.19. The chart below is a snapshot of record highs and selloffs since the 2007 peak reached on October 9, 2007. What happens if we take out the Global Financial Crisis? Here's a snapshot of the same chart above where the start date has been changed to the trough reached on March 9, 2009. Note the recent sell-offs in 2022. Here are a few tables with the number of days of a 1% or greater change in either direction and the number of days of corrections (down 10% or more from the record high). And here is a linear chart of the index since October 9, 2007: Here is a linearly scaled version of the same chart with the 50- and 200-day moving averages. The index has been above the 50-day moving average since January 20th and above the 200-day moving average since May 12th. Additionally, the 50-day moving average has been above the 200-day moving average since July 1st. S&P 500: A Perspective on Volatility For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 2007 with the intraday pric...
Torsten Asmus/iStock via Getty Images President Trump backed away from threatening to use force to acquire Greenland and dropped the tariffs on several European countries slated to go into effect on February 1. Europe's threat to break from the recent trade agreement with the US was also rescinded. After a rough start to the week, another source of market stress, the sell-off of Japanese bonds, al...
Torsten Asmus/iStock via Getty Images President Trump backed away from threatening to use force to acquire Greenland and dropped the tariffs on several European countries slated to go into effect on February 1. Europe's threat to break from the recent trade agreement with the US was also rescinded. After a rough start to the week, another source of market stress, the sell-off of Japanese bonds, also stabilized. Yet, the dollar found little succor. Japanese officials took another step up the intervention escalation ladder with stronger word cues after the Bank of Japan left policy on hold. While it stabilized the yen, the market seemed comfortable jobbing the market between about JPY158 and JPY158.50. However, near midday, it appears that the Fed called to check on rates, which is not unusual in itself, but what got the attention was that it said it was doing so on behalf of the US Treasury. This is a different kettle of fish, and the market sold the dollar off broadly, and the greenback fell to about JPY155.90, the low for the month. We suspect Friday's dollar sell-off was exaggerated, but the technical indicators warn of more downside risk even after some backing and filling. The cat-and-mouse game with the yen is likely to carry over to the new week's activity, but the one-way market has been broken, at least for the time being. The highlights in the week ahead are the Federal Reserve, Bank of Canada, and Norway's central bank meeting. None are expected to move. It is also possible that President Trump nominates the successor to Chair Powell at the Federal Reserve. Powell's decision about serving out the rest of his term as governor (until January 2028) is unlikely to be announced until closer to the end of his term as chair (May), perhaps as early as late Q1. US Drivers: We have often argued that "abdication" is the bigger risk to the dollar than "encroachment", and US actions lend credence to this framing. The administration's attempt to drive monetary policy an...