Shares of Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) have come under pressure on reports that Alphabet’s (GOOG, GOOGL) Waymo is expanding the testing and eventual implementation of Waymo autonomous ...
However, Bernstein argues that this "wasn’t new" and that Waymo’s ongoing testing does not rule out potential partnerships with Uber (NYSE:UBER) and Lyft. The firm predicts that Waymo could ...
(Waymo didn't respond to CNET's request for comment on that update.) The self-driving-tech company is no stranger to large-scale partnerships. In 2024, it said it was teaming up with Uber to ...
With a much-anticipated Waymo and Uber collaboration slated to bring autonomous rides to Austin this year, the Tesla announcement seems a clear indication that the most valuable car brand in the ...
Alphabet’s (GOOGL) (GOOG) (GOOG, GOOGL) Waymo is sending autonomous vehicles ... it’s pretty unique among a lot of US cities.” Shares of Uber (UBER) are down 3% to $66.23 following the ...
Investing.com -- Uber and Lyft (NASDAQ:LYFT) shares faced pressure this week following a series of autonomous vehicle (AV) developments, including Tesla’s plans for self-driving ride-hailing and Waymo ...
The market's reaction reflects concerns over the potential impact of Waymo's advancements on Uber and Lyft's business models. Both companies have invested in autonomous driving technology as part ...
with Uber down 3.3% and Lyft dropping 4.6%. The decline in stock value is attributed to a recent announcement by autonomous vehicle company Waymo, which revealed plans to expand its testing operations ...