Stock Movers Uber Rises, Galaxy Digital Up, McDonald's Ends Krispy Kreme Deal
Jun 24, 2025
Uber's stock is on the rise with an exciting partnership for driverless rides in Atlanta and the upcoming IPO of its electric bike startup, Lime. Meanwhile, Galaxy Digital gets a boost after a buy rating from Rosenblatt Securities, highlighting its resilience in the crypto world. In a surprising twist, McDonald's ends its partnership with Krispy Kreme due to business sustainability issues, leading to some stock volatility for both companies. These market movements show the ever-changing landscape of stocks and partnerships.
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Uber and Waymo Drive Growth
- Uber's shares rose about 8% after partnering with Waymo to offer driverless rides in Atlanta and expanding autonomous service from Austin.
- Investors favor this collaboration as Uber shares are up about 50% year-to-date, despite market volatility.
Personal Experience with Driverless Cars
- Alexandra Samanova shared that although she doesn't have a driver's license, she appreciates the innovation of driverless cars.
- This reflects the potential broader appeal of autonomous vehicle services for non-drivers.
Galaxy Digital’s Crypto Resilience
- Galaxy Digital received a buy rating and $25 target from Rosenblatt Securities for its resilience against crypto volatility.
- It is considered better positioned than many peers for upcoming crypto cycles and downturns.