Pixel Boosts Alphabet Shares
Mostly positive reviews for Google’s new Pixel Android phone has seen shares in the company’s mothership Alphabet hit a record high. Alphabet’s stock gained 2.5 percent to US$826.85 the highest price se 2004 before closing at $795.26
Pixel’s fortunes have been boosted by the self-immolation of Samsung’s discontinued Note 7.
Most reviewers are giving Pixel the thumbs-+though there have been concerns about some AI functions and battery life. They also preferred the iPhone 7.
Google is reporting its financials next week with predictions of a strong quarter from the Internet giant.