Is Waymo Friend or Foe to Uber?
1. Waymo's expansion intensifies competition for Uber, despite their partnership. 2. Increased competition could influence GOOG's market position and valuation.
FAQ
Why Bullish?
Waymo's growth could lead to greater revenue for GOOG, similar to past tech expansions.
How important is it?
The expansion of Waymo could significantly affect GOOGs strategy and revenue potential in the mobility sector.
Why Long Term?
Sustained competition in ride-sharing can elevate GOOG's market relevance over time.