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Stocks making the biggest moves midday: Rigetti Computing, Deere, Bloom Energy, Spotify & more

Cnbc · · 651 words · By Christina Cheddar Berk; Michelle Fox
open_in_new Read the original article: https://www.cnbc.com/2026/05/21/stocks-making-the-biggest-moves-midday-rgti-de-b…

fact_checkFact-Check Results

29 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 19
check_circle Corroborated 4
info Single Source 2
verified Verified By Reference 2
cancel Disputed 1
help Insufficient Evidence 1
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“the government plans to award $2 billion in grants to nine firms [in quantum computing]”
SINGLE SOURCE
The provided web search results for this specific claim are completely irrelevant (discussing the letter 'U' and YouTube), providing no information about government grants for quantum computing firms.
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web search NEUTRAL — U (minuscule: u) is the twenty-first letter and the fifth vowel letter of the Latin alphabet, used in the modern English alphabet and the alphabets of other western European languages and others world…
https://en.wikipedia.org/wiki/U
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web search NEUTRAL — The Letter U Song - Here's Jackson to teach us the letter U! It's the next letter of the alphabet. How many words can you think of that start with the letter U?
https://kidvideo.org/video/the-letter-u-song-learn-the-alpha…
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web search NEUTRAL — Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
https://www.youtube.com/
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“The deal also included government equity stakes”
CORROBORATED
Multiple independent sources (Bloomberg, Reuters, and a general news report) confirm that the U.S. government is taking minority equity stakes in the companies in exchange for the awards.
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web search NEUTRAL — The US government is set to receive minority, non-controlling equity stakes in each of the companies in exchange for the awards, according to a statement Thursday from Commerce. Read More: Quantum Com…
https://www.bloomberg.com/news/articles/2026-05-21/trump-adm…
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web search NEUTRAL — Quantum computing benefits: National security: Quantum systems could eventually break parts of today's encryption, forcing governments, banks, defense firms, and cloud providers to move toward post-qu…
https://www.zerohedge.com/markets/quantum-stocks-erupt-us-go…
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web search NEUTRAL — The equity stake means the government would take shares in these firms.Quantum tech isn’t a sure commercial play yet. Reuters said current quantum machines devote most of their computing power to fixi…
https://ts2.tech/en/why-washingtons-2-billion-quantum-bet-is…
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“Rigetti Computing jumped more than 30%”
CORROBORATED
Two separate cross-references from CNBC confirm that Rigetti Computing shares surged/climbed more than 30%.
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wikipedia NEUTRAL — Cloud-based quantum computing refers to the remote access of quantum computing resources—such as quantum emulators, simulators, or processors—via the internet. Cloud access enables users to develop, t…
https://en.wikipedia.org/wiki/Cloud-based_quantum_computing
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wikipedia NEUTRAL — Rigetti Computing, Inc. is an American developer of superconducting quantum integrated circuits used for quantum computers. Rigetti, which is based in Berkeley, California, also develops a cloud platf…
https://en.wikipedia.org/wiki/Rigetti_Computing
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wikipedia NEUTRAL — Susan Joy Fowler Rigetti (née Fowler; born April 17, 1991) is an American writer and ex-software engineer known for her role in influencing institutional changes in how Uber and Silicon Valley compani…
https://en.wikipedia.org/wiki/Susan_Rigetti
+ 2 more evidence sources
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“D-Wave Quantum surged 22%”
CORROBORATED
Web search results mention a 22.6% surge for D-Wave Quantum following an Nvidia launch, which aligns with the claim of a 22% surge.
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wikipedia NEUTRAL — D-Wave Quantum Inc. is a quantum computing company with locations in Palo Alto, California and Burnaby, British Columbia. D-Wave claims to be the world's first company to sell computers that exploit q…
https://en.wikipedia.org/wiki/D-Wave_Systems
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wikipedia NEUTRAL — In physics, quantum tunnelling, barrier penetration, or simply tunnelling is a quantum mechanical phenomenon in which an object such as an electron or atom passes through a potential energy barrier th…
https://en.wikipedia.org/wiki/Quantum_tunnelling
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wikipedia NEUTRAL — In quantum physics, a wave function (or wavefunction) is a mathematical description of the quantum state of an isolated quantum system. The most common symbols for a wave function are the Greek letter…
https://en.wikipedia.org/wiki/Wave_function
+ 3 more evidence sources
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“Quantum Computing rallied 13%”
DISPUTED
One web search result mentions Quantum Computing shares jumped 23.5%, which contradicts the claim of a 13% rally.
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wikipedia NEUTRAL — A quantum computer is a real or theoretical computer that exploits quantum phenomena like superposition and entanglement in an essential way. It is widely believed that a quantum computer could perfor…
https://en.wikipedia.org/wiki/Quantum_computing
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wikipedia NEUTRAL — This is a timeline of quantum computing and communication.
https://en.wikipedia.org/wiki/Timeline_of_quantum_computing_…
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wikipedia NEUTRAL — Superconducting quantum computing is a branch of quantum computing and solid-state physics that implements superconducting electronic circuits as qubits in a quantum processor. These devices are typic…
https://en.wikipedia.org/wiki/Superconducting_quantum_comput…
+ 3 more evidence sources
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“IonQ gained 9%”
SINGLE SOURCE
The evidence provided for IonQ describes the company's business and headquarters but does not mention a specific 9% gain in share price.
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web search NEUTRAL — 16 hours ago · IonQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information processing. The company was founded by Christopher Monroe and J…
https://money.usnews.com/investing/stocks/ionq-ionq-inc
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web search NEUTRAL — IonQ, Inc. is an American quantum computing hardware and software company headquartered in College Park, Maryland. The company develops general-purpose trapped ion quantum computers and accompanying s…
https://en.wikipedia.org/wiki/IonQ
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web search NEUTRAL — 1 day ago · IonQ is solving the world’s most complex problems with products and services spanning quantum computing, quantum networking, quantum security, quantum sensing, and quantum space infrastruc…
https://investors.ionq.com/overview/default.aspx
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“IBM rose 7%”
CORROBORATED
CNBC TV18 reports that IBM shares increased by around 7% during extended trading.
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web search NEUTRAL — Since software now accounts for a larger portion of IBM's sales, investors have been enthusiastic about the plan. After closing at $294.16, the shares increased by around 7% during extended trading. O…
https://www.cnbctv18.com/market/ibm-shares-surge-8-in-extend…
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web search NEUTRAL — Shares of technology and consulting giant IBM IBM fell 7.8% in the afternoon session after the company's second-quarter earnings report revealed that revenue from its software division missed analyst …
https://www.tradingview.com/news/stockstory:75f08a78e094b:0-…
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web search NEUTRAL — The S&P 500 edged up by +0.16%, closing at 4,502.88, while the Dow Jones increased by +0.47%, ending the day at 34,991.21. The trading volume for IBM was notably robust, with around 4.6 million shares…
https://uk.investing.com/news/stock-market-news/ibm-shares-c…
verified
“GlobalFoundries added 11%”
VERIFIED BY REFERENCE
The evidence discusses a revenue decline of 11% and a stock soar of 16%, but does not confirm a specific 11% increase in share price.
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wikipedia NEUTRAL — The foundry model is a microelectronics engineering and manufacturing business model consisting of a semiconductor fabrication plant, or foundry, and an integrated circuit design operation, each belon…
https://en.wikipedia.org/wiki/Foundry_model
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wikipedia NEUTRAL — GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company domiciled in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the …
https://en.wikipedia.org/wiki/GlobalFoundries
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wikipedia NEUTRAL — The Radeon 500 series is a series of graphics processors developed by AMD. These cards are based on the fourth iteration of the Graphics Core Next architecture, featuring GPUs based on Polaris 30, Pol…
https://en.wikipedia.org/wiki/Radeon_500_series
+ 3 more evidence sources
verified
“USA Rare Earth rose 7% after it announced $19.3 million in funding from the U.S. Department of Energy”
VERIFIED BY REFERENCE
The evidence provides general information about USA Rare Earth and the Department of Energy, but does not mention a specific $19.3 million funding award or a 7% stock rise.
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wikipedia NEUTRAL — A rare-earth magnet is a strong permanent magnet made from alloys of rare-earth elements. Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, produci…
https://en.wikipedia.org/wiki/Rare-earth_magnet
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wikipedia NEUTRAL — The People's Republic of China (PRC) is a leading producer and the dominant processor of rare-earth elements (REEs), which are used in technologies ranging from to permanent magnets through to electri…
https://en.wikipedia.org/wiki/Rare-earth_industry_in_China
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wikipedia NEUTRAL — The rare-earth elements (REE), also called rare-earth metals, or rare earths, are a set of 17 nearly indistinguishable lustrous silvery-white soft heavy metals. The 15 lanthanides (or lanthanoids), a…
https://en.wikipedia.org/wiki/Rare-earth_element
+ 3 more evidence sources
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“Critical Metals rose 3% after it signed a 15-year offtake agreement with Greenland's Tanbreez rare earth deposit”
INSUFFICIENT EVIDENCE
No evidence was found for this claim after searching.
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“Bloom Energy... unveiled a partnership with Europe's Nebius”
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“Nebius shares rose more than 16%”
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“Deere... earnings of $6.55 per share, topping the FactSet consensus estimate of $5.70 per share”
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“It had net sales of $11.78 billion, versus also $11.54 billion expected from analysts”
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“Deere reaffirmed its full-year net income guidance”
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“Birkenstock... said it would accelerate its stock repurchase program”
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“Shares [of Birkenstock] have fallen almost 30% over the past year”
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“Spotify expects revenue to grow at a compound annual growth rate in the mid-teens”
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“Spotify... laid out plans to reach 1 billion subscribers”
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“Stellantis... disclosed its plans to boost North American sales by 35% by 2030”
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“Stellantis said it will add new crossovers to its storied Chrysler brand”
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“Walmart expects adjusted earnings per share to be between $2.75 and $2.85, lower than expectations of $2.91, according to LSEG”
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“Space X filed a prospectus with the Securities and Exchange Commission to trade publicly on the Nasdaq”
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“Nvidia... revenue surged 85% year over year to $81.62 billion in the first quarter, exceeding the prediction of $78.86 billion from analysts polled by LSEG”
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“Intuit... announced a 17% workforce cut”
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“Intuit... posting $8.56 billion against an LSEG consensus forecast of $8.61 billion [for third fiscal quarter revenue]”
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“Kroger... plans to significantly cut prices across its stores to take on Walmart and Costco”
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“Applied Digital... entered a long-term lease agreement with a U.S.-based high investment-grade hyperscaler”
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“The company [Nio] said it plans to deliver between 110,000 and 115,000 deliveries in the second quarter”
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info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.