Analysts Are Bullish on These Communication Services Stocks: Alphabet Class A (GOOGL), Meta Platforms (META)We see 4 significant developments around this announcement: 1. Continued Faster than Expected AV Ramp: Waymo also disclosed that they have crossed the 200mn fully autonomous miles traveled threshold (previously disclosed that they were “near 200mn”). Note that this 200mn miles is ~6% ahead of our current Waymo bottom-up, city-level model. Please let us know if interested in our AV industry model or Waymo model. 2. ~50% Increase in AV Population Reach vs Approaching an Autonomous Inflection Point (7 Dec 2025), we laid out the autonomous inflection we expect ahead in '26, with autonomous availability to grow from 15% of the urban population at year end '25 to ~32% by year end '26 (see Exhibit 1 ).