Editor's Note: Is everybody wrong about today's market opportunities? We're going to answer this question on Wednesday at 2 p.m. EST in MTA Live. If your portfolio has been stagnant or you're hesitant right now, you'll definitely want to tune in. Bryan Bottarelli, along with special guest and TrendLabs founder JC Parets, will show you how to use unique technical analysis to find the best opportunities. It's your chance to learn even more ways to potentially profit in these markets. Click here to sign up for free today. - Ryan Fitzwater, Publisher "Google is leading the charge for robotaxis right now." Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Our robotaxi future is becoming more real by the month. Last week, autonomous driving company Waymo reported 250,000 paid robotaxi rides per week in in March. The 1 million total rides were up from 800,000 in the month of February. The big boost came after Waymo expanded its robotaxi fleet across San Francisco and Austin. It's also in talks with ride-hailing App Uber for a potential partnership. And while Elon Musk has been promising full self-driving in Tesla cars for years, it's clear Waymo is leading the charge in robotaxis right now. It's why Alphabet (GOOG) is one of the top stocks on my watchlist for a long-term trade. Alphabet, which is Google's parent company, owns Waymo. And despite Trump's recent tariff announcement that sent markets into a tailspin back in early April, GOOG is still producing strong fundamentals. The tech giant beat earnings expectations on Thursday. With $90.2 billion in revenue, which was up about 12% from last quarter which beat expectations. It also raised its dividend and authorized $70 billion in buybacks. Thanks to increasing demand for its robotaxi services, CEO Sundar Pichai is still trying to figure out the business model for Waymo. |
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