Uber and Lyft Stocks Plunge As Google's Waymo Brings Driverless Taxis to Miami

Key Takeaways Google's Waymo said it would train its self-driving taxis on Miami streets in 2025 as it prepares to offer service to customers in 2026. Shares of ride-hailing providers Uber and Lyft declined as investors considered the risks presented by driverless taxi services. The news comes as investors anticipate the expansion of self-driving technology, with Tesla also working to develop driverless, ride-hailing technology. Google said it is bringing its Waymo self-driving taxis to Miami, news that sen ...