Reddit discussions have been abuzz with Alphabet Inc.'s (GOOGL) advancements in quantum computing, highlighting the company's leadership in the field. While quantum computing remains in its early stages, Google's approach is viewed as promising, with users on platforms like r/wallstreetbets expressing optimism about its potential. Additionally, Alphabet's inclusion in Barron's 2025 stock picks has sparked further discussions about its long-term value, with investors showing confidence in its strategic positioning across sectors such as AI and quantum computing. This positive sentiment is contributing to the stock's upward movement.
The Direxion Daily GOOGL Bull 1.5X Shares (GGLL) ETF rose 1.48% to $47.37 as of 7:20 AM on Monday, December 16.