Alphabet Inc.'s stock is experiencing an uptick today, driven by the announcement that its self-driving vehicle unit, Waymo, has chosen Tokyo as its first international destination for testing robotaxis. This strategic move marks a significant step in Waymo's expansion beyond the U.S., as it partners with Tokyo's largest taxi operator, Nihon Kotsu. The news has generated positive sentiment among investors, reflecting confidence in Alphabet's ability to leverage its technological advancements in new markets.
Additionally, Alphabet's recent developments in quantum computing continue to excite investors. The company's groundbreaking quantum chip, which promises to solve complex equations at unprecedented speeds, has been a focal point of investor interest. This innovation positions Alphabet as a formidable player in the rapidly evolving tech landscape, further bolstering its stock performance.
Alphabet Inc. (GOOG) shares are currently trading at $202.26, up 2.07% from the previous close of $198.16 and 1.78% higher than the opening price of $198.72.