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Pony AI, Nasdaq
Pony AI’s valuation hits $5.25B after Nasdaq debut
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.
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
(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.
Pony AI to Make Trading Debut After Stock IPO Priced at $13
Shares of Pony AI, a Chinese autonomous-driving company, were set to make their U.S. trading debut Wednesday after the pricing of its initial public offering. The company, which manufactures sensors and software for self-driving vehicles,
13h
on MSN
Pony AI’s Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U ...
3h
on MSN
Microsoft Corporation (MSFT) Recognizes Saphyre’s AI Innovations in Financial Services
We recently published a list of 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
7d
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.
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 ...
7h
on MSN
Self-Driving Firm Pony AI Looks Outside US to Avoid Tensions
Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics ...
13h
on MSN
NVIDIA Corporation (NVDA) Eyes AI Memory Chip Certification as Samsung Reshuffles Leadership Amid AI Chip Struggles
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
18h
on MSN
China's robotaxi firm Pony AI valued at $5.25 billion as shares jump in strong Nasdaq debut
(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5 ...
19h
on MSN
Jet.AI formally regains compliance with Nasdaq requirements
Jet.AI (NASDAQ:JTAI) has received Nasdaq confirmation that it has regained compliance with the $2.5M stockholders’ equity and ...
14h
on MSN
Super Micro Computer, Inc. (SMCI): Hedge Funds Boost Holdings Despite Nasdaq Delisting Risk
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
15h
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, ...
13h
Nvidia's Latest Record Quarter Show Its AI Dominance Remains Intact
Last week, Nvidia Corporation (NASDAQ: NVDA) issued its third quarter results, topping both sales and earnings estimates as ...
3h
on MSN
Kingsoft Cloud Holdings (KC): A Rising Star in AI and Cloud Computing
We recently published a list of 8 Cloud Computing Stocks Under $10. In this article, we are going to take a look at where ...
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