Chinese autonomous driving technology company Pony AI will start trading on the Nasdaq on Wednesday at an offering price of $13 per share, the higher end of its expected range. With an initial public offering of 20 million American depositary shares, Pony stands to gain at least $260 million at a $4.55 billion from its debut.
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.
(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.
On Nov. 18, mobile advertising company AppLovin (NASDAQ: APP) joined the index, replacing discount store Dollar Tree. AppLovin has been one of the fastest-growing stocks on the market. Its share price surged 2,
(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.
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 NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI stocks. Even as the United States pursues a tougher trade policy towards China,
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.
We recently published a list of 15 AI News That Broke The Internet. In this article, we are going to take a look at where Baidu, Inc. (NASDAQ:BIDU) stands against other AI stocks. OpenAI has been making headlines in the artificial intelligence realm ever since its existence,
Investors in C3.ai Inc (Symbol: AI) saw new options become available today, for the July 2025 expiration. One of the key data points that goes into the price an option buyer is willing to pay ...
We recently published a list of 15 AI News Updates Wall Street Is Monitoring. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other AI news updates that Wall Street is monitoring.
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 Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other AI stocks.