Shares in tech giant Google (NASDAQ:GOOG) nudged higher Tuesday as the group introduced people to two new smartphones at an eagerly anticipated event.
Google is the world's most valuable company after Apple (NASDAQ:AAPL) and its tech products are as keenly awaited by tech customers and commentators alike.
The handsets will be availbale to buy directly from Google or a partner retailer, it was reported.
The Nexus 5X has a 5.2-inch display, while the Nexus 6P has a 5.7-inch screen.
Both will use Android's Marshmallow operating system and fingerprint technolog and have a US$50 Google Play credit along with a free three-month subscription to Google Music.
Google shares added 0.98% to US$600.76 in New York.
They have advanced around 16% over the last three months, compared with an 8.5% decline on the S&P 500 index.
Last week, Bloomberg reported that the Federal Trade Commission is investigating whether Google stifled competitors' access to its Android mobile-operating system, citing people familiar with the matter.
The inquiry is in its early stages, and it could end without a case against the company, according to the report.