Technologies

The Pixel 7A Raises the Bar for the Pixel 8

Commentary: The Pixel 7A proves that Google needs to do more to separate its main Pixel phone from its more budget-friendly option.

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We didn’t hear about the Pixel 8 at Google’s I/O conference, but the company did launch the Pixel 7A — a more wallet-friendly alternative to the Pixel 7. It’s great news for Pixel fans, since the 7A offers many of the same benefits as the Pixel 7 — such as a great camera and the new Tensor G2 processor — for $100 less. But it also makes me wonder whether Google’s A-series phones are beginning to overshadow its flagship Pixels.

Now that Google has narrowed the gap between the Pixel 7 and 7A, it should think more carefully about its target audience for the Pixel 8. If the Pixel 7A is for those who want a basic Pixel experience without compromising on performance and camera quality, and the Pixel 7 Pro is for photography enthusiasts, then who’s the Pixel 7 for? That’s the question I’m hoping Google answers with the Pixel 8, along with some other routine improvements to software support and battery life.

Google typically releases new Pixel phones in the fall, so we’re expecting to learn more about the Pixel 8 in a few months.

The Pixel 8 needs to stand out from Google’s next A-series phone

With the Pixel 8, Google needs to do more to make its upcoming mainline Pixel phone stand out. The $499 Pixel 7A already has many of the features most people are looking for in a new phone, such as a great camera, smooth performance, easy-to-use software and decent battery life.

The main differences between the Pixel 7 and 7A come down to the former’s slightly more durable design, larger screen and battery share. That latter feature lets you charge compatible accessories by resting them on the back of the phone, essentially turning it into a wireless charger. The Pixel 7 also has a larger camera sensor that’s more light sensitive according to Google, but I didn’t notice much of an improvement when comparing photos from both phones.

The Pixel 7 and Pixel 7A feel like they’re targeting the same audience: Android fans who want a general-purpose phone with a great camera and a reasonably sized screen. The Pixel 7 Pro stands out for its larger screen, extra telephoto camera and macro photography. It also comes in a 512GB storage option, unlike the Pixel 7, and has a screen with a higher, 120Hz refresh rate for even smoother scrolling. Case in point: There are plenty of factors that distinguish the Pixel 7 Pro from the Pixel 7, but not as many that differentiate the Pixel 7 from the 7A.

Moving forward, there are a few changes Google could make to fix that. Perhaps it could slightly increase the Pixel 8’s display size to 6.4 inches instead of 6.3 inches. That would put more distance between the Pixel 8’s screen and a future Pixel 8A, assuming Google keeps the same 6.1-inch display size for upcoming A-series phones.

Google could also give the Pixel 8 a speed boost when it comes to charging, since the Pixel 7 and Pixel 7A offer similar charging speeds (up to 18W on the Pixel 7A versus up to 21W on the Pixel 7). Increasing the charging speed to create more of a gulf between the Pixel 8 and the Pixel 8A could make the case for buying the Pixel 8 a little stronger. Increasing the base storage of the Pixel 8 to 256GB, much like Samsung has done with the Galaxy S23 Plus, along with offering an additional 512GB storage option could further distinguish the Pixel 8 from a future Pixel 8A.

These changes combined with the existing differences between the Pixel 7 and 7A could certainly make the Pixel 8 feel like a compelling choice over upcoming budget Pixel phones. Of course, this is assuming Google maintains its current strategy of releasing new flagship and Pro phones in the fall and a cheaper A-series phone in the spring or summer time frame.

Extended Android version support

Software is a big part of what makes Pixel phones so appealing, from the call assist features in the phone app to Google’s clutter-free version of Android. The problem, however, is that Google generally offers Android version updates for only three years following a Pixel phone’s release.

Though it does provide security support and other updates beyond that point, Google lags behind Samsung and Apple when it comes to operating system version support. Samsung typically offers up to four generations of Android platform updates on new phones, while Apple’s most recent software is compatible with iPhones as old as the iPhone X and iPhone 8 generation, which launched in 2017.

If Google could match Samsung’s four years, or surpass five years, that would make the Pixel line even more competitive.

Longer battery life

Battery life can never feel long enough, which is why I’m hoping to see some improvements in the Pixel 8. The Pixel 7’s battery life was long enough to get through a full work day and then some in my experience. But I’d want to pack a charger if I expected a particularly long day.

The Pixel 7A also performed better than the Pixel 7 in CNET’s three-hour battery test, during which I streamed a YouTube video at full brightness and tracked the battery percentage at each hour. It would be great to see Google make some improvements in this regard on the Pixel 8.

Pixel 7A vs. Pixel 7 battery test

	Pixel 7A	Pixel 7
1 hour	96%	95%
2 hours	90%	88%
3 hours	85%	81%

We won’t know what to expect from the Pixel 8 until Google announces its new phones, which will likely happen in the fall. The camera has been a focal point for Google’s Pixel series, so I’m expecting to see some advancements in that area, along with a new version of the Tensor processor in the Pixel 8. If Google makes those changes while offering longer battery life, additional Android support and more exclusive features that differentiate the Pixel 8 from its A-series phones, Google’s next $600 phone could be a hit.

Technologies

Top destinations for premium CD yields as September approaches

With the Fed poised to potentially raise rates again, savers can still find attractive CD yields heading into September, with banks like Sallie Mae, Popular Direct, and CIBC offering competitive rates well above peer averages.

August has delivered strong performance for equities, yet those looking to set aside savings this autumn can still earn attractive returns through certificates of deposit. Depositors are closely monitoring the Federal Reserve ahead of its September 15-16 policy meeting. Futures markets tied to the fed funds rate point to about a 65% probability that the central bank will lift its key lending rate by a quarter percentage point, bringing it to a range of 3.75% to 4%. Speaking in Jackson Hole, Wyoming late last week, Fed Chairman Kevin Warsh expressed his concerns over persistent inflation. He remarked that “while this summer’s [inflation] readings were better than expected, they do not tell me that underlying trends have meaningfully improved.” In fact, the July personal consumption expenditures price index climbed at an annual pace of 3.7%, exceeding the Dow Jones consensus forecast by 0.1 percentage point and remaining well above the central bank’s 2% inflation goal. Although rising rates pose challenges for borrowers, they present opportunities for savers who can take advantage of stronger yields on instruments like certificates of deposit. A number of banks, for instance, continue to price their CDs competitively and offer appealing yields as they vie for customer deposits. Recent move Just last week, Sallie Mae raised the annual percentage yield on its one-year CD by five basis points, bringing it to 4.2%. This adjustment places Sallie Mae’s one-year CD rate roughly 25 basis points above the peer median APY of 3.95%, according to Vincent Caintic, analyst at BTIG. One basis point equals 1/100th of a percent, or 0.01%. Other financial institutions also continue to feature attractive rates on their one-year CDs. Popular Direct offers an APY of 4.25% on its 12-month CD, as of Monday afternoon, while CIBC advertises a 4.15% yield. Savers can also discover appealing rates if they’re open to terms beyond 12 months. Synchrony Financial provides a 4.3% APY for a 16-month CD, and Marcus by Goldman Sachs offers a comparable rate on its 18-month product. Happen Bank features an 11-month CD with a 4.2% APY. If you’re considering a CD, carefully evaluate your time horizon and liquidity requirements. “Breaking” a CD prior to maturity results in a penalty in the form of forfeited interest. Savers should also stay mindful of their CD’s expiration date, since banks may automatically roll them into a renewal CD at a lower rate. This site is now part of Versant. By continuing to use this service, you agree to our Terms. You also acknowledge that our updated Privacy Policy applies, including to your existing data. For details on your data rights, click here. On this service, we and our vendors use cookies and other tools (“Cookies”) to store and access information on your device, such as device identifiers, IP address, and your browser type. 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These Cookies and SDKs are used to collect data about your browsing habits, use of the Services, your preferences, and your interaction with advertisements across platforms and devices for the purpose of delivering targeted advertising content, both on our Services and on third party sites. Third-party sites and services also use Targeting Cookies to deliver content, including advertisements relevant to your interests on the Services. If you reject these Cookies or SDKs, you will see less relevant advertising. Data collected under this category through Cookies and SDKs can also be used to select and deliver personalized content, such as news articles and videos. Consent Leg.Interest label

Technologies

Premarket Stock Movers Highlight Nvidia, Robinhood, Novartis and Other Performers

Premarket movers include chipmakers like Nvidia, AMD and Micron which declined over 1% amid rising Treasury yields, energy stocks such as XLE and EOG Resources that surged above 1%, and tech leader Robinhood that gained 2% after a Morgan Stanley upgrade, while Novartis rose 4% on positive clinical trial data and Duolingo jumped 6% following an Evercore ISI upgrade.

Market Insider

Stocks making the biggest moves premarket: Nvidia, Robinhood, Novartis & more

Check out the companies making the biggest moves premarket: Chipmakers — The group fell to start the new month of trading as Treasury yields rose to pressure the broader market. The VanEck Semiconductor ETF (SMH) lost more than 1%. Nvidia , AMD and Micron were also down more than 1%. Energy stocks — Shares rose broadly alongside oil prices, as tensions in the Middle East persist. The State Street Energy Select Sector SPDR ETF (XLE) climbed more than 1%. EOG Resources , Diamondback Energy and Targa Resources advanced more than 1% each. Robinhood Markets — The online brokerage gained more than 2% after a Morgan Stanley upgrade to overweight from equal weight. “HOOD’s expanding platform is turning product velocity into stronger customer economics,” analysts at the bank said. Novartis — Shares gained 4% on positive trial data for the company’s multiple sclerosis drug. Novartis said remibrutinib “significantly” reduced relapse rates in MS patients relative to another treatments. Duolingo — The language education app rose 6% following an upgrade by Evercore ISI to outperform from in line. Evercore analysts cited strong survey data for the company.

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Technologies

Venezuela awards U.S.-supported oil company NABEP 100-year rights to 17 oil fields, White House reports

Venezuelan interim authorities have granted U.S.-backed NABEP 100-year concessions for 17 oil fields with 65 billion barrels of proven reserves, giving the U.S. government preferential purchasing rights and an equity stake, according to the White House.

Venezuelan interim authorities have awarded U.S.-backed North American Blue Energy Partners, or NABEP, 100-year concessions for 17 oil fields, with proven reserves of approximately 65 billion barrels, the White House said on Monday.

NABEP ranks as the second-largest private oil producer in Venezuela. The company has provided the U.S. Department of War’s Office of Strategic Capital with a 35% equity stake in its corporate parent, according to the White House, representing up to “hundreds of billions in value and dividends for the United States.”

President Donald Trump announced on Friday a deal with Caracas that would grant the U.S. majority control over 65 billion barrels, or roughly 20% of the South American country’s vast oil reserves. The U.S. had approximately 46 billion barrels in proven oil reserves as of the end of 2024, according to official figures.

In a fact sheet published Monday evening in Washington, the U.S. government stated it would hold the right to purchase, at production cost, a guaranteed 20% of the off-take from all current and future fields NABEP will operate, as part of an effort to support replenishing the U.S. strategic petroleum reserves.

The U.S. government also retains the “right of first refusal” to purchase the remaining 80% of NABEP’s production, making Washington the prioritized buyer for its energy holdings.

Analysts, however, remained doubtful that this landmark oil agreement could meaningfully increase U.S. energy production or lower gas prices for Americans in the near term. Significant investments are required to extract the valuable resources in Venezuela, whose oil output remains a fraction of its potential due to decades of mismanagement, insufficient investment and sanctions.

NABEP also planned to invest up to $100 billion in new oil infrastructure in Venezuela to expand production, the White House said. Under the agreement, the company is expected to pay $200 billion in royalty and tax payments to Venezuelan governments over the first 25 years.