After quiting by itself self-governing driving innovation years back, Uber ( NYSE: UBER) is now partnering with Alphabet ( NASDAQ: GOOG) ( NASDAQ: GOOGL) subsidiary Waymo to bring self-governing automobiles to Phoenix, Arizona. That sounds excellent, however what does it indicate for the existing company? That’s what Travis Hoium covers in this video.
* Stock costs utilized were end-of-day costs of Might 24, 2023. The video was released on May 24, 2023.
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Suzanne Frey, an executive at Alphabet, belongs to The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet and General Motors. The Motley Fool has positions in and advises Alphabet and Uber Technologies. The Motley Fool advises General Motors and advises the following choices: long January 2025 $25 get in touch with General Motors. The Motley Fool has a disclosure policy Travis Hoium is an affiliate of The Motley Fool and might be made up for promoting its services. If you select to subscribe through their link they will make some additional money that supports their channel. Their viewpoints stay their own and are untouched by The Motley Fool.