Why Alphabet Stock Was Moving Higher Today
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Shares of Alphabet (GOOG, GOOGL) rose 4.3% after being named a top stock for 2025 by Barron's, benefiting from broader market trends. The tech giant's stock gains followed the launch of its quantum computing chip, Willow. Alphabet was the only "Magnificent Seven" stock on Barron's list, trading at a price-to-earnings ratio of 26. Additionally, favorable news regarding autonomous vehicles and potential regulatory changes under the incoming Trump administration may further support Alphabet's growth. The company's performance remains closely tied to the global economy and its advertising business faces evolving risks from AI technology.
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