Uber Stock Skyrockets as Waymo’s Robotaxis Hit Atlanta Streets
Tech investors are betting big on Uber’s future—just as Waymo’s driverless cabs roll into Atlanta. Here’s why the market’s buzzing.
The Robotaxi Ripple Effect
Uber’s shares surged overnight after Alphabet’s Waymo announced its autonomous taxi service is now live in Georgia’s capital. No hard numbers yet, but Wall Street’s clearly pricing in Uber’s potential integration play.
Autonomy = Uber’s Golden Ticket?
With Waymo eating into traditional ride-hailing margins, Uber’s stock spike suggests investors see collaboration—not competition. Either that, or they’re desperate for any excuse to justify this year’s P/E ratios.
Bottom Line: When tech giants move, markets react—whether the math adds up or not. Next stop: profitability or another hype cycle?