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Alphabet Climbs 5%: Google’s Nine-Minute Bitcoin Warning Is Turning Heads on Wall Street

Alphabet Climbs 5%: Google’s Nine-Minute Bitcoin Warning Is Turning Heads on Wall Street

Alphabet (NASDAQ:GOOGL) shares rose approximately 4.83% in Tuesday’s session, climbing from an opening price of $273.50 to trade at around $287. The move is a meaningful bounce for a stock that has struggled in recent weeks, with GOOGL shares still down 9% year to date. Today’s session puts the stock on pace for one of its strongest single-day performances in months.

The catalyst turning heads on Wall Street is a striking claim from Google’s quantum computing team: its quantum computers could potentially crack Bitcoin‘s (CRYPTO:BTC) cryptographic security in as little as nine minutes. That announcement has sparked a wave of investor excitement around Alphabet’s leadership position in quantum computing, a field that carries profound implications for cybersecurity, cryptography, financial systems, and AI infrastructure.

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