Alphabet and Tesla reach fresh records, joining Amazon and Meta
Tech stocks on display at the Nasdaq.Peter Kramer | CNBCAlphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the tech megacaps lifted the Nasdaq past 20,000 for the first time.Tech's seven trillion-dollar companies added roughly $416 billion in market cap for the day.For Alphabet, the two-day 11% rally was driven by the company's launch of its latest quantum computing chip, which it revealed on Monday and described as a "breakthrough" and "an important step in our journey to build a useful quantum computer with practical applications" in drug discovery, battery design and other areas.Alphabet closed at $195.40 on Wednesday, topping its prior high of $191.18, which it reached on July 10.Tesla had been below its previous record for ...










