The Insider Report: The Fed Accelerates the Uptrend – Domo (NASDAQ:DOMO), e.l.f. Beauty (NYSE:ELF)

What’s Happening

• Rigetti Computing, Inc. (RGTI) is a pioneering quantum computing company developing advanced quantum processors and software, offering investors exposure to the rapidly growing quantum technology sector with a focus on scalable, high-performance computing solutions.
• The company’s recent quarterly report showed revenue at $1.8 million and a loss of $16.84 million.
• Valuation in RGTI is up in the clouds. Price-to-Sales is at 604.95, and the Book Value is just 1.71.
• From a charting point of view, RGTI broke out from an absolutely massive cup and handle formation. The quantum story isn’t finished, folks.

Why It’s Happening

• ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Rigetti secured a significant $5.8 million, three-year contract from the U.S. Air Force Research Laboratory focused on advancing superconducting quantum networking technology. This partnership not only provides steady government funding but also establishes Rigetti as a trusted partner in critical national security technology, likely increasing credibility and opening doors for future contracts that could drive long-term revenue growth.
• Rigetti’s innovative quantum processor, the Cepheus-1-36Q, features 36 qubits using a multi-chiplet architecture with 99.5% median two-qubit gate fidelity. This cutting-edge technology represents a leap forward in qubit performance and scalability, positioning Rigetti as a leader in superconducting quantum computing.
• Rigetti’s modular chiplet approach to quantum computing architecture, which interconnects multiple smaller chips rather than relying on single large chips, addresses key scalability challenges in the quantum industry. This architectural innovation is increasingly recognized as a more viable path to large-scale quantum computers, enhancing Rigetti’s competitive positioning against rivals who face limitations with single-chip expansions.
• The company strengthened its financial position dramatically in 2025, completing sales of $350 million in gross proceeds from common stock offerings and boosting its cash and cash equivalents to $571.6 million with no debt. 
• Despite revenue challenges with Q2 2025 revenue of $1.8 million declining 42% year-over-year due to the expiration of the National Quantum Initiative, Rigetti’s sequential quarterly revenue growth (+20%) indicates ear
• Analyst Ratings:

My Action Plan (14% Return Potential)

• I am bullish on RGTI above $22.00-$23.00. My upside target is $32.00-$33.00.

Market-Moving Catalysts for the Week Ahead

A Falling Rate Environment is Here – What’s Next?

Here we have it – the Fed cut interest rates 25-basis points. Long-term bond yields are dropping faster than short-term yields, as I’ll explain later on in this report. But we’re seeing signs of a refinance boom that could boost the economy and carry stocks to new highs.

But as I’ve been warning, the Fed is playing with inflationary fire. At some point, it will make it’s dreaded return, and that’s when the Fed and even the Department of Treasury is going to be put in a pinch.

I’m not ruling out yield curve control (YCC) coming to the United States in a couple of years. There really won’t be another choice, and if there is any hope of managing (not sustaining) the federal debt, it’s the only tangible solution.

Sentiment Follows Price, Not the Other Way Around

The market’s recent price action is an excellent reminder of how corrections can take place through time instead of price. And during this “time,” all sorts of reasons to be bearish will come to the surface.

Now that we’ve broken out to new all-time highs, and the market has come to term with interest rates falling, we’re starting to see bullish sentiment rise to its highest level in months. If anything, this warns not to chase this rally.

Does this mean we’re automatically going lower? On the contrary. But we need to think in terms of risk-reward. Nobody knows what the market is going to do, and anyone that pretends like they do is someone you should avoid. The trend is up, but near-term, the crowd has realized they were wrong and are now panic buying into new all-time highs.

Sector & Industry Strength