Saad Ullah
Alphabet's self-driving unit Waymo keeps pushing ahead in the autonomous vehicle race. New York City just approved an extension for its testing program through December, reinforcing the company's position in a sector that could reshape how cities move and drive significant growth for Alphabet.
Waymo Secures NYC Permit Extension
According to Wall Street Günlükleri, Waymo got the green light to keep testing autonomous vehicles in Manhattan and Downtown Brooklyn until the end of the year. The eight-vehicle Jaguar I-Pace fleet still needs safety drivers behind the wheel since New York law requires a separate licensing process before allowing truly driverless commercial rides.
Waymo's already running commercial services in San Francisco, Phoenix, Los Angeles, Austin, and Atlanta. Next year they're planning to launch in Miami, Washington D.C., Dallas, Denver, and Nashville. New York Assembly Member Brian Cunningham highlighted how these tests could boost safety, reduce traffic congestion, and improve accessibility, though he stressed that robust legal frameworks need to be established before moving to fully autonomous operations.
$GOOG Stock Analysis: Technical Outlook
Trend: Alphabet shares closed higher at $245.54, gaining +0.82% on the day. The stock held a steady intraday uptrend, consolidating above recent support.
Support: The nearest short-term support is now forming around $243.50, where buyers stepped in during late-session trading.
Resistance: The next upside test lies near $246–247. A breakout above this level could open the way for further momentum toward higher ranges.
Momentum: The steady climb throughout the session, combined with resilience after midday volatility, shows sustained investor confidence, with catalysts like Alphabet’s AI and mobility bets (Waymo) remaining in focus.
Waymo's expansion shows Alphabet is serious about building revenue streams beyond search and cloud. New York's famously chaotic streets make it one of the toughest testing grounds anywhere. Proving the technology works here could speed up regulatory approvals in other major cities and strengthen the long-term investment case for $GOOG.
Waymo's permit extension in NYC isn't just bureaucratic paperwork—it's a meaningful step toward Alphabet's autonomous mobility vision. Regulatory and safety challenges remain, but the company's momentum suggests growing confidence that it can actually commercialize driverless tech at scale.
Saad Ullah
