Pony AI Inc. Experiences Significant Stock Surge

Reported 1 day ago

Pony AI Inc. (NASDAQ:PONY) saw its stock price surge by 48.3% last week, reaching $10.40 from $7.01, fueled by better-than-expected earnings anticipation and its expansion into the robotaxi sector. The company's focus on reducing autonomous driving system costs significantly and talks with Tencent Cloud for robotaxi services have also contributed to investor optimism.

Source: YAHOO

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