GOOG Dec 2024 155.000 put
| Previous close | 8.46 |
| Open | 7.95 |
| Bid | 7.00 |
| Ask | 7.15 |
| Strike | 155.00 |
| Expiry date | 2024-12-20 |
| Day's range | 6.82 - 7.95 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.67k |
- Yahoo Finance Video
Uber-Waymo partnership: Why robotaxis may not be so profitable
Uber (UBER) has expanded its partnership with Waymo to offer driverless rides in Atlanta and Austin in early 2025. Waymo is a subsidiary of Alphabet (GOOG, GOOGL) Carnegie Mellon University associate professor Phil Koopman joins Asking for a Trend to break down the news and the overall viability of the robotaxi trend. Koopman notes the significance of Waymo advancing its fleet: "The question is what kind of growing pains they'll have as they start operating in new cities." He expects "more surprises" for the company, pointing to incidents where its robotaxis have interfered with emergency responders, like blocking firehouse driveways. "I expect Waymo to pay attention, and I expect them to try and fix things, but we won't know what the particular problems are until we see them," Koopman adds. He explains that while robotaxi companies like Waymo say that safety is top-of-mind, "the reality is nobody knows how this will turn out." Driverless vehicles are a new development, and there is simply not enough data to come to a conclusion about whether they offer more safety than human drivers. "There's enough data now to know that small crashes, fender benders, and minor injuries, there's enough data that says Waymo seems to be on track for that... They need another 10 times more miles, another 20, 50 times more miles before we know how it turns out for fatalities," Koopman tells Yahoo Finance. While many investors are bullish on robotaxis, Koopman casts doubt on its sustainability as a business model: "I have trouble seeing robotaxis as a business model because it's a cheaper ride hail and the technology is really sophisticated, expensive. It requires a lot of support." He argues that this could change down the line, but as the technology stands, it may be difficult to scale up. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
- Yahoo Finance Video
Uber-Waymo partnership, grocery prices: Asking for a Trend
On today's episode of Asking for a Trend, Host Josh Lipton breaks down the biggest stories and trends of the trading week. Uber (UBER) has expanded its partnership with Waymo — a subsidiary of Alphabet (GOOG, GOOGL) — to offer driverless rides in Atlanta and Austin in early 2025. Carnegie Mellon University associate professor Phil Koopman notes the significance of Waymo advancing its fleet: "The question is what kind of growing pains they'll have as they start operating in new cities." While many investors are bullish on robotaxis, he casts doubt on its sustainability as a business model, explaining, "I have trouble seeing robotaxis as a business model because it's a cheaper ride hail and the technology is really sophisticated, expensive. It requires a lot of support." The Federal Trade Commission has been trying to block Tapestry's (TPR) acquisition of Michael Kors holding company Capri Holdings (CPRI). Pauline Brown, author of "Aesthetic Intelligence" and former LVMH (LVMUY) chairman discusses the designer retail market and the FTC's action. She also breaks down the booming resale market for designer goods as some items sell for a lower price in Europe than they do in China, allowing resellers to profit from the gap. Yahoo Finance Senior Reporter Alexandra Canal breaks down her top takeaways from the trading week, and Market Domination Host Julie Hyman breaks down the expectations for grocery shopping across different income classes. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
Associated Press FinanceGoing once, going twice: Google's millisecond ad auctions are the focus of monopoly claim
The company that most likely determines which ads you get, and how much an advertiser paid to get on your screen, is Google. In fact, the Justice Department and a coalition of states say Google's dominance over the technology that controls the sale of billions of Internet display ads every day is so thorough that it constitutes an illegal monopoly that should be broken up. A trial under way in federal court in Alexandria, Virginia, will determine if Google's ad tech stack constitutes an illegal monopoly.
