Unity Software (NYSE:U) and Rigetti Computing (NASDAQ:RGTI) are two of the stocks rising sharply on the first trading day of 2025.

Unity’s platform enables computer games with “real-time 3D content and experiences,” while Rigetti develops quantum computing products.

A close-up shot of a consumer enjoying the company’s games on their mobile device.

Unity is up 13% after Roaring Kitty, who has sparked several meme stock rallies through his social media posts, included a depiction of musician Rick James in his post on X. James is known for performing a song called “Unity.”

Perhaps due to Roaring Kitty’s post, mentions of Unity Software on social media are increasing tremendously this morning.

It is also noteworthy that there was block trading with 1.32 million U shares on Tuesday evening.

As for Rigetti, shares of the quantum computing company are rising 8.5% following news this morning that State Street, an investment bank, said it acquired nearly 310,000 shares of the technology company in the third quarter.

As a result, State Street’s stake in Rigetti rose 12.9% to 2.71 million shares in the third quarter. The bank owned about 1.4% of Rigetti at the end of the third quarter, while State Street’s position in Rigetti was worth $2.125 million at the time.

Over the past three months, U stock is up 21% while RGTI stock is up 1,986%.

While we recognize U’s potential, we believe some AI stocks are more promising for generating higher returns, and within a shorter time frame. If you’re looking for an AI stock that has more promise than U but trades at less than 5 times earnings, check out our report on it cheapest AI stock. READ ALSO The 8 Best Wide Moat Stocks to Buy Now And The 30 most important AI stocks according to BlackRock Disclosure: None. This article was originally published on Insider Monkey.