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Why Uber Stock Was in the Fast Lane in June

Uber is now offering Waymo autonomous rideshare services in a second market, adding Atlanta in June. The biggest story in June concerning autonomous driving was Tesla’s long-awaited robotaxi launch, but the news surrounding Uber Technologies (NYSE: UBER) could have a bigger impact in the near term. Shares of Uber climbed 10.9% in June, according to data provided by S&P Global Market Intelligence, on investor excitement about the company offering autonomous rideshare services in a second major U.S. market.