Analysts framing Waymo stock price forecast in macroeconomic context point to interest rate stabilization as supportive for tech valuations, enabling investor rotation into growth-heavy segments. Tesla is the third most expensive stock in the S&P 500 at 178 times projected earnings for 2026. That multiple is absurd, but it's also irrelevant to some extent. I say that because the company is shifting focus from electric cars to physical AI, which leaves room for earnings growth to accelerate substantially in the future. Yahoo Finance's John Hyland examines some of the top stories of the trading day as part of today's Market Minute. Waymo stock price forecast is influenced by competitive benchmarks against Cruise and Tesla self-driving units, where performance metrics and safety records could sway institutional positioning.