Alphabet's autonomous vehicle unit, Waymo, continues to make impressive advancements in the robotaxi sector, as highlighted during the CES 2025 keynote. Despite these positive developments, Alphabet's stock experienced a slight decline, possibly due to broader market conditions or investor profit-taking following recent gains. Waymo's achievements, including 150,000 paid trips per week and over 4 million rides in 2024, position it as a leader in the industry. The company's focus on AI integration and potential federal regulatory support could pave the way for further growth and expansion into new markets.
The Direxion Daily GOOGL Bull 1.5X Shares (GGLL) ETF saw a decline, closing at $46.79, down 2.03% from its previous close of $47.77, as of 5:00 PM on Friday, January 10.