The rideshare stocks are up today after NVDA unveiled its new autonomous driving platform. UBER jumped by 5.6%, LYFT saw a 3% rise, while TSLA took a slight dip of 3.2%.
Nvidia's push into autonomous driving technology seems to be fueling optimism in the space, especially for Uber and Lyft, who have been investing heavily in self-driving tech. However, TSLA's pullback could indicate some short-term profit-taking or concerns about competition.
What do you guys think? Are we looking at a new wave of growth for Uber and Lyft, or is this just a short-term reaction?