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Data: Factset; Chart: Axios Visuals

The market responded positively in after-hours trading to the announcement that Sundar Pichai will take over as CEO of Alphabet in addition to his current role as head of the core Google unit.

The state of play: Pichai will replace Larry Page, who, along with Google co-founder Sergey Brin, will remain "actively involved as shareholders and co-founders."

  • The stock rose by nearly 1% following the announcement, showing investors' confidence in the move.
  • Google shares have underperformed the overall Nasdaq index, year to date.

Between the lines: Page and Brin, who started Google in 1998, have been increasingly invisible in recent years, not even appearing at key Google events.

Go deeper: At Google, twilight of the founders

Go deeper

Updated 8 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: The swing states where the pandemic is raging — Pence no longer expected to attend Barrett confirmation vote after COVID exposure.
  2. Health: 13 states set single-day case records last week — U.S. reports over 80,000 new cases for second consecutive day.
  3. Business: Where stimulus is needed most.
  4. Education: The dangerous instability of school re-openings.
  5. World: Restrictions grow across Europe.
  6. Media: Fox News president and several hosts advised to quarantine.
54 mins ago - Podcasts

The art and business of political polling

The election is just eight days away, and it’s not just the candidates whose futures are on the line. Political pollsters, four years after wrongly predicting a Hillary Clinton presidency, are viewing it as their own judgment day.

Axios Re:Cap digs into the polls, and what pollsters have changed since 2016, with former FiveThirtyEight writer and current CNN politics analyst Harry Enten.

Twitter launches warnings on election misinformation and delays

Photo: courtesy of Twitter

Twitter will start pinning notices to the top of all U.S. Twitter users’ timelines warning that results in next week’s election may be delayed and that they may encounter misinformation on mail-in voting.

Why it matters: Delayed election results are expected across many states that are handling unprecedented amounts of absentee and mailed ballots, which President Trump has baselessly called "very dangerous" and "corrupt."