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’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.S. markets.
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.
Semtech Corporation’s (SMTC) AI-Driven Growth: Earnings Beat Sparks Wall Street Interest
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7 AI Stocks I Own and Won't Stop Buying
The artificial intelligence (AI) revolution is generating unprecedented economic momentum. According to analysis from Grand View Research, market projections forecast explosive growth from $196.6 billion in 2023 to $1.
Zoom Video Communications, Inc. (ZM) Rebrands as AI-First Platform; UBS Raises Price Target to $90 Amid Growth Uncertainty
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Microsoft Corporation (MSFT) Partners with Viz.ai to Enhance AI-Powered Healthcare Solutions on Precision Imaging Network
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CMB International Maintains ‘Buy’ on Palo Alto Networks, Inc. (PANW) with $464.40 Target, Highlights Strong Q1 2025 Results and AI-Driven Growth
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Pony AI stock price: Chinese autonomous car company’s Nasdaq IPO will be closely watched today
The firm, which has headquarters in Silicon Valley and Guangzhou, China, makes tech that can turn cars into self-driving vehicles. Pony AI is having its initial public offering today. The firm, which is based in Silicon Valley but also has a headquarters in Guangzhou,
Zoom Video Communications (ZM) Rebrands for AI Era: New Name Reflects Shift to Hybrid Work Solutions
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.
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 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 fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
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.