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Shares of Uber (NYSE: UBER) rose approximately 7.6% following the announcement of a partnership with Alphabet’s Waymo, allowing users to book Waymo rides exclusively through the Uber app in Atlanta. This marks the second collaboration between the companies, having previously partnered in Austin, where Waymo vehicles have received an average rating of 4.9 stars.
Explain It To Me Like I’m 5: Uber’s stock went up because they teamed up with Waymo to let people use self-driving rides in Atlanta through the Uber app, just like in Austin where they already have many Waymo cars.
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