Yahoo Finance's Allie Garfinkle discusses Uber's robotaxi service and the outlook for autonomous vehicles.
For the first time ever, public Uber (UBER) riders can now hail an autonomous ride, starting today in Las Vegas.
Shares of Booking Holdings (NASDAQ: BKNG), Southwest Airlines (NYSE: LUV), and Uber (NYSE: UBER) all fell on Wednesday, down 3.5%, 3.6%, and 2.3%, respectively, as of 1:20 p.m. EST. As recession fears loom over the economy, it appears several analysts and investors are turning cautious on travel names toward year-end. With that much pessimism hanging over the economy, some analysts are downgrading travel names today despite the seemingly positive current picture.