On July 2, Alphabet, Google's parent company, joined the Dow Jones Industrial Average, replacing Verizon. Alphabet became the fifth member of the 'Magnificent Seven' tech giants included in the blue-chip index. On July 7, Google participated in a €411 million funding round for the startup Proxima Fusion, which is targeting the development of Europe's first commercial fusion power plant. On July 8, Waymo announced plans to deploy its fully autonomous vehicles in four additional cities across the United States.
Alphabet's Waymo plans to deploy fully autonomous vehicles in four additional U.S. metropolitan areas to scale its commercial ride-hailing operations.
Read the full storyThe tech giant joins a €411 million funding round to accelerate the development of Europe's first commercial fusion power plant.
Alphabet becomes the fifth 'Magnificent Seven' member in the blue-chip index, signaling the tech sector's growing dominance over the U.S. economy.