US Stocks Rise Amid Breakthroughs in Quantum Computing and Earnings Surprises

US stocks moved higher today, with the Dow Jones gaining 0.5% to close at 44,254.78. Rigetti Computing's stock surged 30.12% after achieving a 99.5% median fidelity rate for two-qubit gates on its 36-qubit modular system. Netflix's stock fell 0.79%, while Johnson & Johnson's stock rose 6.19% after reporting strong quarterly earnings. United Airlines' stock increased 2.42%, and ASML's stock dropped 8.33% due to concerns over its 2026 growth.

Title: U.S. Stocks Rise Amid Mixed Performance; United Airlines Shares Up, Rigetti Computing Surges

U.S. stocks moved higher today, with the Dow Jones gaining more than 200 points, or 0.5%, to close at 44,254.78. The Nasdaq added 0.25% to finish at 20,730.49, while the S&P 500 advanced 0.3% to 6,263.70 [2].

Rigetti Computing, Inc. (RGTI) saw its stock surge 30.12% to close at $16.55, following a significant breakthrough in quantum computing. The company announced a 99.5% median fidelity rate for two-qubit gates on its 36-qubit modular system, marking a substantial improvement over its previous chip [3]. This achievement has positioned Rigetti Computing as a leader in the quantum computing space and attracted investor attention.

Netflix Inc. (NFLX) experienced a slight decline, falling by 0.79% to $1250.31. The streaming giant is preparing for its second-quarter earnings report on Thursday, focusing on upcoming content and future growth prospects [2].

Johnson & Johnson (JNJ) reported strong quarterly earnings, with adjusted earnings per share of $2.77, surpassing analyst expectations. The company raised its annual forecast, boosting its 2025 adjusted EPS forecast to $10.80-$10.90 range [2]. As a result, JNJ's stock rose 6.19% to $164.78.

United Airlines Holdings Inc. (UAL) saw its stock increase by 2.42% to $88.47. Despite missing revenue estimates in the second quarter, the airline exceeded earnings expectations, reporting positive demand shifts in early July. Revenue for the period came in at $15.27 billion, missing the consensus estimate of $15.35 billion [1]. The company also projected a full-year profit whose upper end topped analyst forecasts.

ASML Holding NV (ASML) faced a decline, with its stock dropping 8.33% to $754.45. The semiconductor firm expressed concerns over its 2026 growth, citing geopolitical and macroeconomic challenges, including potential tariffs impacting margins [2].

References
[1] https://finance.yahoo.com/news/united-airlines-shares-down-posts-205331513.html
[2] https://www.benzinga.com/markets/equities/25/07/46458405/rigetti-computing-netflix-johnson-johnson-united-airlines-and-asml-why-these-5-stocks-are-on-investors-radars-today
[3] https://www.nasdaq.com/articles/rigetti-computing-achieves-995-two-qubit-gate-fidelity-milestone-new-36-qubit-system