Why Waymo Stock Worries Ignore Uber's Delivery Value

Tasia

·2 months ago

shared a link post in group #Auto Futurevia#The Most Important Thing

Worries that Waymo will take business from Uber have pummeled the stock this year. But sellers are overlooking the value of its delivery business.  #The Most Important Thing 
Sellers are overreacting. Uber can still sustain rapid growth and expand its profit margins while staying competitive in the autonomous-driving race #Auto Future in the years to come.

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The Waymo Wipeout of Uber Shares Has Gone Too Far

Uber stock has dropped 8% this year over concerns that the ride-hailing company faces stiff competition from robotaxi operators, most notably Waymo. Sellers are overreacting. Uber can still sustain ra