The Real Reason Uber & Lyft Stocks Are Up

By Travis Hoium – Mar 23, 2026 at 1:50PM ESTKey PointsNVIDIA announced a big push into autonomous vehicles and Uber and Lyft will be partners. More suppliers for autonomy is good for demand aggregators and the market is taking notice.

When Jensen Huang speaks the market listens and last week he had a lot to say about autonomous driving. That was music to the ears of investors in Uber (UBER +2.33%) and Lyft (LYFT 0.22%), who soared following GTC. They dropped along with the rest of the market later in the week, but the trajectory for their business is clear and they look like winners in the future of autonomous vehicles. *Stock prices used were end-of-day prices of March 18, 2026. The video was published on March 20, 2026. Read NextMar 23, 2026 •By Lawrence NgaUber Is Quietly Expanding Into a Multitrillion-Dollar MarketMar 22, 2026 •By Lawrence NgaWhy Uber's Hybrid Network Could Win the Robotaxi RaceMar 21, 2026 •By Lawrence NgaUber's Advertising Business May Be Bigger Than Investors ThinkMar 21, 2026 •By Anthony Di PizioBetter Growth Stock in 2026: Uber or DoorDash?Mar 20, 2026 •By Lawrence NgaSkeptics Fear Autonomous Vehicles Will Destroy Uber. Here's Why They May Be Wrong.Mar 19, 2026 •By Daniel SparksUber Is Cozying Up With Rivian.

Does This Make Either Stock a Buy?About the AuthorTravis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks.

Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.TMFFlushDrawX@travishoiumStocks MentionedUber TechnologiesNYSE: UBER$75.64(+2.37%)+$1.75LyftNASDAQ: LYFT$13.41(-0.45%)-$0.06NvidiaNASDAQ: NVDA$176.56(+2.23%)+$3.86DoorDashNASDAQ: DASH$162.07(+3.47%)+$5.43Mobileye GlobalNASDAQ: MBLY$8.04(+5.45%)+$0.42*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.