{"id":133967,"date":"2024-12-06T12:32:57","date_gmt":"2024-12-06T05:32:57","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=133967"},"modified":"2024-12-06T12:32:57","modified_gmt":"2024-12-06T05:32:57","slug":"uber-and-lyft-stocks-plunge-as-googles-waymo-brings-driverless-taxis-to-miami","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=133967","title":{"rendered":"Uber and Lyft Stocks Plunge As Google&#8217;s Waymo Brings Driverless Taxis to Miami"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"mntl-sc-page_1-0\" data-sc-sticky-offset=\"80\" data-sc-ad-label-height=\"0\" data-sc-ad-track-spacing=\"90\" data-sc-min-track-height=\"250\" data-sc-max-track-height=\"600\" data-sc-breakpoint=\"50em\" data-sc-load-immediate=\"1\" data-sc-content-positions=\"[300, 1, 1, 1250, 1, 1, 1, 1]\" data-bind-scroll-on-start=\"true\">\n<div id=\"mntl-sc-block_1-0\" class=\"comp mntl-sc-block finance-sc-block-callout mntl-block\">\n<div id=\"mntl-sc-block_2-0\" class=\"comp mntl-sc-block mntl-sc-block-callout mntl-block theme-whatyouneedtoknow\" data-tracking-id=\"mntl-sc-block-callout\" data-tracking-container=\"true\">\n<h3 id=\"mntl-sc-block-callout-heading_1-0\" class=\"comp mntl-sc-block-callout-heading mntl-text-block\">Key Takeaways<\/h3>\n<div id=\"mntl-sc-block-callout-body_1-0\" class=\"comp mntl-sc-block-callout-body mntl-text-block\">\n<ul>\n<li>Google\u2019s Waymo said it would train its self-driving taxis on Miami streets in 2025 as it prepares to offer service to customers in 2026.<\/li>\n<li>Shares of ride-hailing providers Uber and Lyft declined as investors considered the risks presented by driverless taxi services.\u00a0<\/li>\n<li>The news comes as investors anticipate the expansion of self-driving technology, with Tesla also working to develop driverless, ride-hailing technology.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p id=\"mntl-sc-block_3-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Google said it is bringing <a href=\"https:\/\/www.investopedia.com\/articles\/investing\/052014\/how-googles-selfdriving-car-will-change-everything.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">its Waymo self-driving taxis<\/a> to Miami, news that sent shares of Uber Technologies (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=UBER\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">UBER<\/a>) and Lyft (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=LYFT\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\">LYFT<\/a>) sharply lower as investors weighed the risk to their services.\n<\/p>\n<p id=\"mntl-sc-block_5-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> In a Thursday blog post, Waymo announced that it would expand its driverless ride-hailing service to Miami.<span class=\"ql-inline-citation\" data-cite=\"1\"\/> Waymo has previously tested vehicles in Miami, a city that provided \u201cchallenging rainy conditions\u201d for its <a href=\"https:\/\/www.investopedia.com\/articles\/personal-finance\/031315\/selfdriving-cars-could-change-auto-industry.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">driverless vehicles<\/a>, the company said.\n<\/p>\n<p id=\"mntl-sc-block_7-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> A subsidiary of Google&#8217;s parent company, Alphabet\u00a0 (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=GOOGL\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">GOOGL<\/a>), Waymo has brought its self-driving ride-hailing services to Phoenix, Los Angeles, San Francisco and Austin to date. The company said it will begin training its all-electric Jaguar I-PACE on Miami streets in early 2025 and plans to offer the service to riders in 2026.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_9-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The company also announced its partnership with African fintech provider Moove to oversee expansion into Miami. Moove will also take over Waymo&#8217;s fleet management operations in Phoenix.<span class=\"ql-inline-citation\" data-cite=\"4\"\/>\n<\/p>\n<p id=\"mntl-sc-block_11-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of Uber and Lyft both shed about 10% on Thursday as investors weighed the threat that Waymo\u2019s expansion posed to the ride-sharing businesses. Uber is <a href=\"https:\/\/www.investopedia.com\/uber-to-expand-waymo-driverless-rides-to-austin-and-atlanta-8712091\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">partnering with Waymo <\/a>in Austin and Atlanta to offer driverless car rides in those cities.\n<\/p>\n<p id=\"mntl-sc-block_13-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The news comes as investors anticipate the <a href=\"https:\/\/www.investopedia.com\/tesla-trump-team-plan-to-ease-self-driving-cars-rules-8746944\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">expansion of self-driving technology<\/a>, with Tesla (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=TSLA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">TSLA<\/a>) also <a href=\"https:\/\/www.investopedia.com\/tesla-unveils-its-highly-anticipated-robotaxi-what-you-need-to-know-8726872\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\">working to develop driverless, ride-hailing technology<\/a>.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.investopedia.com\/uber-and-lyft-stocks-fall-as-google-waymo-brings-driverless-taxis-to-miami-8756774\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Google\u2019s Waymo said it would train its self-driving taxis on Miami streets in 2025 as it prepares to offer service to customers in 2026. Shares of ride-hailing providers &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=133967\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-133967","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/133967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133967"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/133967\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}