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Uber and Lyft stock falls after Waymo applies for NYC testing permit
Investing.com -- Uber (NYSE: UBER) stock fell 2.5% and Lyft (NASDAQ: LYFT) shares dropped 3.75% on Wednesday after Alphabet’s (NASDAQ: GOOGL) Waymo applied for a permit to test its autonomous vehicles in New York City, signaling potential future competition in one of the largest ride-hailing markets in the U.S.
Waymo does not require tipping, which subtly reduces the total cost compared to Uber or taxis, where tipping is customary and socially expected. Additionally, there are no driver incentives or bonuses ...
A study found that the average Waymo robotaxi ride is about $6 more than a Lyft and $5 more than an Uber. Some people are ...
A new analysis done by ride-hailing aggregator Obi shows Waymos cost more especially on shorter trips. They also have longer ...
A new pricing study by ride data platform Obi, found 74% of riders cite safety as their top concern around robotaxis — even ...
Obi ridesharing report shows that people are paying more and waiting a longer time for rides from Waymo versus Uber.
Waymo extends its autonomous taxi service in San Francisco and Los Angeles, reaching new areas and strategically approaching ...
Waymo is projected to account for 10% of U.S. rideshare trips by the end of 2030, according to new estimates from Wells Fargo.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Uber Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) shares are trading lower Wednesday after Bloomberg reported that Waymo applied for a New York City testing permit.
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