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ASX:ZIP News 15 January 2026

ASX 200 hits two-month high as miners lead, BHP ends at two-year peak

ASX 200 hits two-month high as miners lead, BHP ends at two-year peak

Sydney, January 15, 2026, 21:59 AEDT — Market closed Australian shares ended Thursday at an over two-month high, with miners doing most of the work as investors leaned back into resource names. The S&P/ASX 200 closed 0.5% higher at 8,861.70, while BHP finished at its strongest level in more than two years and Rio Tinto rose 0.4%. (Indo Premier) The…
15 January 2026
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Stock Market Today

  • Rigetti Computing Stock Analysis: Catalysts and Challenges to Reach $50 Target
    January 23, 2026, 9:57 AM EST. Rigetti Computing (NASDAQ: RGTI) shares gained around 5% on January 22 following an $8.4 million order from India's C-DAC for a 108-qubit quantum system, signaling market optimism. B. Riley upgraded the stock to "Buy," with a target price of $35, while Wedbush analysts suggest $40. Key growth drivers include scaling quantum systems to 100+ qubits by mid-2026, expanding order pipelines in India and beyond, and leveraging a $600 million cash reserve to advance research and development. Partnerships, such as a $100 million joint venture with Quanta Computer, further support Rigetti's competitive positioning. However, risks remain: quantum computing progress is complex, and sector hype may falter if peers outperform. Investors eyeing a potential doubling of Rigetti's stock to $50 by late 2027 should weigh these catalysts against market volatility and execution challenges.
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