On Hump Day, Alphabet (NASDAQ: GOOG, GOOGL) saw its stock rise over 2% for both share classes, outpacing the flat S&P 500, driven by positive news from its Waymo robotaxi service. The company launched Waymo in Atlanta in partnership with Uber Technologies, highlighting its accelerating growth in the autonomous ride-sharing market.
Explain It To Me Like I’m 5: Alphabet’s stock went up by more than 2% because they started a new robotaxi service with Uber in Atlanta, making it a good day for the company.
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