Key Takeaways
- Google launched the new Pixel 8 Pro at its latest event for $999
- The share price rose over 2% at the news
- The launch was a welcome distraction from Google’s giant antitrust probe from the government
Another day, another big fancy tech launch. This time, it was Google’s turn, who wanted to emulate the hype around Apple’s iPhone launches with their own snazzy announcements. They were worth the wait: Google has significantly improved the Pixel 8 Pro phone and Pixel Watch 2’s hardware features and provides an artificial intelligence boost to the tech.
The launch was a welcome distraction for Google from its ongoing antitrust trial, with rival Microsoft CEO Satya Nadella testifying this week. As for the investor reaction, Wall Street liked the launch enough to see Alphabet’s share price rise.
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