Uber Stock Falls 4% As Waymo Eyes Exit From Ride-Hailing Partnership

NewsSat, 25 Jul 2026 11:39:15 UTC16 hours ago
Uber Stock Falls 4% As Waymo Eyes Exit From Ride-Hailing Partnership

TLDR

  • Waymo is considering ending its partnership with Uber, per a Financial Times report
  • Uber stock closed down 4.3% on Friday following the news
  • The two companies have clashed over vehicle cleanliness, routing, weather availability, and financial terms
  • Waymo has told Uber it plans to enter Austin and Atlanta markets independently in January 2028
  • The Phoenix partnership was already ended in late June 2026

Uber stock dropped 4.3% on Friday, with losses picking up speed in the final hour of trading after the Financial Times reported that Waymo is exploring an exit from their partnership.



Uber Technologies, Inc., UBER

The two companies have been operating together since 2023, with Waymo vehicles currently available on Uberโ€™s app in Austin and Atlanta.

The FT report, citing people familiar with the matter, says Waymo has held internal talks about terminating its agreements with Uber. Reuters could not independently verify the report, and neither company commented.

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