Alphabet Inc. (GOOGL) in Focus as Waymo Miles Grow, Citizens Reiterates Market Outperform

The steadfast disclosed however Waymo, Alphabet’s autonomous driving subsidiary, reported its cumulative rider-only miles accrued by 28 cardinal successful the 3rd 4th of 2025, a 24% quarter-over-quarter growth.

A manus pointing from the United States to the planetary markets represnted successful a representation representing imaginable concern opportunities for U.S. investors.

The subsidiary’s strongest market, Phoenix, added 10 cardinal rider-only miles during the quarter. Meanwhile, San Francisco and Los Angeles contributed an estimated 9 cardinal further miles each.

Even though Waymo appears to beryllium proviso constrained, the steadfast is monitoring its dilatory but dependable progress.

“While we judge Waymo continues to beryllium proviso constrained, with rider-only miles much dictated by the allocation of conveyance proviso than demand, we proceed to show advancement successful Waymo One markets. That said, Waymo’s maturation continues to grind higher comparatively slowly, alternatively than inflecting upward, fixed it is manufacturing constrained, which bodes good for Uber (UBER, MP).”

Alphabet Inc. (NASDAQ:GOOGL) is an American multinational exertion conglomerate holding institution wholly owning the net elephantine Google, amongst different businesses.

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