Trump won't fire Powell, GENIUS Act vote, Rigetti milestone
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 16 2025
0mins
Source: Yahoo Finance
Trump's Denial and Market Reactions: President Trump denies plans to fire Federal Reserve Chair Jerome Powell, which helps stabilize the market; Circle stock rises due to expectations of the GENIUS Act passing in the House.
Rigetti's Quantum System Milestone: Rigetti announces its 36-qubit quantum system has achieved 99.5% fidelity, with a launch scheduled for August 15, leading to an increase in its stock value.
Analyst Views on RGTIW
Wall Street analysts forecast RGTIW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGTIW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 13.660
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Current: 13.660
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
