Reported 3 days ago
Alphabet Inc. is concluding 2024 on a positive note, driven by a significant advance in quantum computing that has prompted a stock surge of over 30% since September. Although the current algorithm used to test its quantum capabilities lacks immediate commercial application, the potential for future use cases, such as drug discovery and advanced encryption, has reinvigorated investor confidence in the company's technological relevance amidst increasing competition and antitrust concerns.
Source: YAHOO