Alphabet announced the expansion of its Waymo autonomous ride-hailing service into four new cities, though shares dipped -0.13% to $311.27 amid broader market pressures.
- The expansion significantly scales Waymo's commercial footprint, reinforcing Alphabet's commitment to monetizing AI through physical infrastructure.
- Alphabet shares underperformed the NASDAQ Composite, which saw a 1.05% rally during the same period.
- Investor sentiment was weighed down by the implementation of new 10% global tariffs and massive AI infrastructure deals among industry peers.