Why Alphabet Stock Gained 12% in January

Shares of Alphabet (GOOG 2.50%) (GOOGL 2.65%) were among the winners last month after the tech giant unveiled a breakthrough with its new quantum chip, Willow.The news set off a surge in quantum computing stocks, and Alphabet jumped over a two-day span after the announcement, as it was the latest evidence that the company is on the cutting edge in the AI race.According to data from S&P Global Market Intelligence, the stock finished the month up 12%. As you can see from the chart below, the gains came largel ...