Chinese autonomous driving technology company Pony AI started trading on the Nasdaq on Wednesday at $15 per share, securing it a valuation of $5.25 billion. That opening price is 15% higher than Pony’s offering price of $13, which itself was at the high end of its expected range.

(Reuters) -Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.

Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.

We recently published a list of 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Zoom Video Communications, Inc. (NASDAQ:ZM) stands against other trending AI stocks on latest news and ratings.

Meet the Newest AI Stock in the Nasdaq-100. It Soared 2,140% in 2 Years and Is Still a Buy, According to a Wall Street Analyst.

(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.

Chinese self-driving startup Pony.ai made its debut on Nasdaq on Wednesday evening, with the pricing of its initial public offering of 20 million American depository shares at $13 each, marking a significant milestone in the company's journey toward the ...

We recently published a list of 8 Cloud Computing Stocks Under $10. In this article, we are going to take a look at where Kingsoft Cloud Holdings Limited (NASDAQ:KC) stands against other cloud computing stocks under $10.

Jet.AI (NASDAQ:JTAI) has received Nasdaq confirmation that it has regained compliance with the $2.5M stockholders’ equity and minimum bid price requirements. As of November 26, 2024, there was ~$6.8M in pro forma shareholders’ equity and cash and cash equivalents of $6.

Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics risk as tensions between Beijing and Washington remain volatile, according to Chief Executive Officer James Peng.

Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.

The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030. Sure, some stocks have risen faster than others, so perhaps some stocks have gotten too expensive.