Uber Technologies, Inc. (NYSE:UBER) is among the 13 Best Big Name Stocks to Buy Now. On June 24, the company announced that it had partnered with Waymo to launch autonomous ride-hailing in Atlanta.
A close up view of a hand holding a smartphone, using a ride sharing app.
The two companies first laid out plans for the launch in September last year. Riders can now get matched with Waymo’s autonomous vehicles on Uber Technologies, Inc. (NYSE:UBER)’s app for travel across 65 square miles of Atlanta.
There are already around 100 Waymo vehicles on Uber Technologies, Inc. (NYSE:UBER)’s platform in Austin. The recent launch builds on the growing momentum in self-driving cars and follows Tesla’s robotaxi trial run in Austin last week.
Uber Technologies, Inc. (NYSE: UBER) is an American transportation company that provides ride-hailing services, food delivery, courier services, and freight services. It sold its self-driving unit in 2020 to reduce cash burn and focus on its core business.
While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Goldman Sachs Stock Portfolio: 10 Large-Cap Stocks To Buy and Buffett Stock Portfolio: Top 10 Stock Picks for 2025.
Disclosure: None.
