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Alphabet Stock Rises 4.83% Amid Quantum Computing Breakthrough

4/3/2026

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Alphabet's Earnings Surge

Alphabet stock rose 4.83% to $287 after Q4 2025 earnings, with earnings per share of $2.82 and revenue of $113.83 billion.
Google's quantum computing team claims their tech could crack Bitcoin encryption in nine minutes, signaling leadership.
Despite commercialization uncertainties, analysts maintain a Moderate Buy rating and target an average price of $368.
Investors weigh insider selling by Sundar Pichai, CEO of Alphabet Inc., and the energy costs from AI infrastructure.

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Micron Price Adjustment

Citigroup cuts California-based Micron Technology's price target from $510 to $425 due to a 6% drop in RAM prices since March 18.
Citigroup maintains a Buy rating, signaling confidence in long-term artificial intelligence (AI)-driven demand.
Micron Technology reported earnings of $23.86 billion.
Analysts view Micron Technology as a key U.S. AI player, benefiting from demand from data centers and hyperscale computing companies.

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Alphabet's Earnings Surge

Alphabet stock rose 4.83% to $287 after Q4 2025 earnings, with earnings per share of $2.82 and revenue of $113.83 billion.
Google's quantum computing team claims their tech could crack Bitcoin encryption in nine minutes, signaling leadership.
Despite commercialization uncertainties, analysts maintain a Moderate Buy rating and target an average price of $368.
Investors weigh insider selling by Sundar Pichai, CEO of Alphabet Inc., and the energy costs from AI infrastructure.

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