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Pony AI fetches $5.25 billion valuation
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 $5.25 billion, in an indication of a positive investor approach to China-based firms.
Chinese Self-Driving Firm Pony AI Grabs Retail Attention With Strong Nasdaq Debut
Pony AI Inc. ($PONY), a Chinese autonomous driving start-up, debuted on the Nasdaq on Wednesday with its American depositary shares climbing as much as 19%. The company’s valuation has surpassed $5 billion,
Jet, Nasdaq and AI
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.
Jet.AI formally regains compliance with Nasdaq minimum bid price requirement
Jet.AI (JTAI) announced it has officially received notice from the Nasdaq Stock Market confirming it has regained compliance with both the $2.5
Jet.AI Formally Regains Compliance with Nasdaq Stockholders' Equity Requirement and Minimum Bid Price Requirement
Jet.AI Inc. ( “ Jet.AI” or the “ Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced it has officially received notice from the Nasdaq Stock Market LLC (“Nasdaq”) confirming it has regained compliance with both the $2.
Baidu, ai and JPMorgan
Baidu (BIDU) Faces Headwinds in AI Search Monetization, Downgraded to ‘Neutral’
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,
Baidu downgraded to Neutral at JPMorgan on lower earnings visibility
As previously reported, JPMorgan downgraded Baidu (BIDU) to Neutral from Overweight with a price target of $87, down from $130, citing sharply
JPMorgan downgrades Baidu on uncertainty over earnings, AI monetization
Investing.com-- JPMorgan downgraded Baidu Inc (NASDAQ:BIDU) to “neutral” from “overweight” on Wednesday, citing declining earnings visibility due to uncertainties around China’s economic recovery and the negative impact of generative AI
7h
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 ...
6d
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.
On Nov. 18, mobile advertising company AppLovin (NASDAQ: APP) joined the index, replacing discount store Dollar Tree.
16h
on MSN
Is Nvidia Still the Best Artificial Intelligence (AI) Stock to Own for 2025?
Nvidia (NASDAQ: NVDA) has undoubtedly been one of (if not the) best artificial intelligence (AI) stocks to own in 2023 and ...
12h
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 ...
1h
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 ...
10d
The Artificial Intelligence (AI) Boom Isn't Over. 3 AI Stocks to Buy Right Now.
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 ...
8h
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 ...
9h
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, ...
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