Alphabet (GOOGL, GOOG) shares surged over 2% on Monday, leading Big Tech stocks higher as analysts raised price targets ahead of quarterly earnings. Needham analyst predicts GOOGL’s Gemini to be a top GenAI winner. Bank of America analyst notes stable ad spend growth despite AI competition fears.

Meta rose 1.3%, Apple climbed 1.1%, Amazon gained nearly 1%, while Nvidia and Microsoft fell slightly. Tesla, reporting earnings Wednesday, fell almost 0.3%. Market responds positively to Google parent company’s potential growth in ad spending and tech advancements. Stocks show mixed movement ahead of key earnings reports.

Read more at Yahoo Finance: S&P 500 crosses 6,300, Nasdaq notches record with Big Tech set to take earnings spotlight