Google said it has taken a stake in Taiwan's New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers. Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors and Big Tech firms have been among the most ambitious in their targets. Google aims to constantly run on carbon-free energy wherever it operates.
Stocks enter the second half of the year near record highs as a crucial week of labor market data is set to greet investors.
These companies' AI capabilities could begin to draw more attention as we come closer to the end of the year.