CBS News Bay Area presents its very first Icon Award to a Grammy Award-winning duo who creates a whole new generation of music makers geared towards making change.

The US isn’t guaranteed to maintain a lead over China in the race to develop artificial intelligence, according to Alphabet Inc. President and Chief Investment Officer Ruth Porat.

Alphabet ( GOOG 1.63%) ( GOOGL 1.58%) stock got a small lift on Tuesday, rising 2% higher through 10:30 a.m. ET. The move came in response to President Trump, in one of his first acts in office in his second term, signing an executive order that revoked another executive order (by his predecessor Joe Biden).

U.S. stock futures are mixed after indexes approached record highs, Netflix stock is in focus after leading S&P 500 risers yesterday, and the U.K. opens an investigation into the mobile ecosystems of Apple and Google.

CEO Sundar Pichai described current trends as "extraordinary," projecting confidence in the company's forward outlook. Wall Street analysts anticipate continued momentum in 2025 with 11.6% revenue growth and an EPS target of $8.99, a solid 12.5% year-over-year increase.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $210.82, a high estimate of $232.00, and a low estimate of $185.00. This upward trend is evident, with the current average reflecting a 3.62% increase from the previous average price target of $203.46.

BMO Capital raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $230 from $217 and keeps an Outperform rating on the shares. The firm is also increasing Search, GCP, and YouTube revenue following optimistic channel checks.

Quantum computing is a burgeoning field with the potential to create trillions of dollars. The rising acceptance of quantum computers in finance, life sciences and chemical sectors is expected to help the quantum computing market reach $5.3 billion by 2029 from $1.3 billion in 2024 at a CAGR of 32.7%, according to marketsandmarkets.

Mizuho Securities analyst James Lee has maintained their bullish stance on GOOGL stock, giving a Buy rating yesterday.Invest with Confidence:

Alphabet (GB) has been independently certified as one of the best places to work by the Top Employers Institute for the 12th year in a row.

Ahmet Güneştekin’s 'The Lost Alphabet' exhibition in Istanbul offers a thought-provoking exploration of history, identity and cultural