Passenger Ground Transportation(IN00321.US)

Last Updated 19:00:00 ET
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Passenger Ground Transportation
IN00321.US
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Waabi Raises $1 Bln, Partners With Uber To Launch Robotaxis

Waabi, an autonomous vehicle startup, has raised $1 billion and partnered with Uber to launch self-driving cars on its ride-hailing platform. The funding includes a $750 million Series C round and $250 million in performance-based capital from Uber for at least 25,000 robotaxis. This partnership highlights Waabi's AI-first approach, allowing it to efficiently manage both robotaxis and trucking. Waabi has raised a total of $1.28 billion and is currently testing autonomous trucks in Texas, with plans to expand its ventures in the coming years.

rttnews·
US
FTXR
-0.64%
US
UBER
-1.80%
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UBEW
-2.10%
rttnews·
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FTXR
-0.64%
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UBER
-1.80%
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UBEW
-2.10%

US robotaxi group Waymo aims to launch in London by fourth quarter of 2026

Waymo, the U.S. robotaxi company under Alphabet, plans to launch its fully driverless ride-hailing service in London by Q4 2026. The UK government is developing a regulatory framework to support this initiative, which could create 38,000 jobs and contribute £42 billion to the economy by 2035. Waymo's expansion comes amid rising interest in AI and competition from other companies like Uber-backed Wayve and Tesla, which aims to deploy millions of robotaxis by the end of 2026.

Reuters·
US
GOOGL
+0.44%
US
UBEW
-2.10%
US
GOOG
+0.38%
Reuters·
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GOOGL
+0.44%
US
UBEW
-2.10%
US
GOOG
+0.38%

10 Industrials Stocks Whale Activity In Today's Session

Today's whale activity in the Industrials sector highlights significant options trading. Notable trades include bullish call options for UBER and LUNR, and bearish put options for CAT, VRT, and UPS. The total trade prices and sentiments vary, with UBER seeing a $49K trade at a $140 strike, while CAT had a $1.4 million bearish trade at a $620 strike. This data can guide traders in identifying potential trading opportunities based on abnormal market activities.

benzinga_article·
US
CAT
+0.68%
US
VIS
-0.42%
US
UBER
-1.80%
benzinga_article·
US
CAT
+0.68%
US
VIS
-0.42%
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UBER
-1.80%

Morning News Wrap-Up: Wednesday's Biggest Stock Market Stories!

Investors can find the latest stock market updates, including AT&T's rise post-earnings, Starbucks' rally, and Intel's gains from partnerships. Eli Lilly's stock fell despite a new collaboration, while Meta Platforms considers subscription revenue. Tian Ruixiang surged after an $80 million investment, and Uber dropped following a $500 million investment in Waabi. The Dow Jones rose amid geopolitical tensions, and Nvidia gained from analyst praise. Other notable movements include Scotts Miracle-Gro's stock jump after selling its cannabis unit and Microsoft’s decline due to canceled game releases.

Tip Ranks·
US
NVDU
+3.07%
US
UBRL
-2.80%
US
NVDL
+3.13%
Tip Ranks·
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NVDU
+3.07%
US
UBRL
-2.80%
US
NVDL
+3.13%

Are Wall Street Analysts Bullish on Uber Technologies Stock?

Are Wall Street Analysts Bullish on Uber Technologies Stock?

Barchart Option·
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UBEW
-2.10%
US
UBRL
-2.80%
US
UBER
-1.80%
Barchart Option·
US
UBEW
-2.10%
US
UBRL
-2.80%
US
UBER
-1.80%
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Grab is launching autonomous driving with CDG. Given the market share of CDG, I’m not surprise if they actually buy them out$Grab(GRAB.US)IM bullish

$Grab(GRAB.US)When we look at grab, we often see them as food delivery. However they are slowly expanding into a power app

$Grab(GRAB.US)grab looking good from the pullback, as they expand their market share in SEA. We are definitely seeing higher price this year

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