Latest news with #PONY
Yahoo
7 days ago
- Business
- Yahoo
Why Pony AI Inc. (PONY) Went Up On Tuesday
We recently published a list of . In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other best-performing stocks. Pony AI soared by 22.63 percent on Tuesday to finish at $21.35 apiece following news that it partnered with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region. Pony AI Inc. (NASDAQ:PONY) said the partnership supports Dubai's 2030 Smart City Vision, which targets to transition 25 percent of its transportation to autonomous mode by 2030. According to the company, initial supervised trials are set to launch in 2025, followed by fully driverless operations in 2026. A group of robotic vehicles navigating a terrain autonomously utilizing the company's 3D vision technology. Additionally, Pony AI Inc. (NASDAQ:PONY) plans to start mass production and deployment of its seventh-generation robotaxis in the second half of 2025, as well as ramp up its robotaxi fleet globally to thousands of vehicles within the next two years. The company also said that it collaborated with industry leaders such as Toyota, GAC Motor, and BAIC Motor to develop its seventh-generation robotaxis. Overall, PONY ranks 1st on our list of best-performing stocks. While we acknowledge the potential of PONY, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Jim Cramer on Pony AI (PONY): 'You Can Ride It'
We recently published a list of . In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other stocks that Jim Cramer discussed recently. A caller inquired if they should hold Pony AI Inc. (NASDAQ:PONY) stock for the long haul or dump it and run while they can. Here's what Mad Money's host had to say: 'It had great revenues. I mean, I would've told you, let's swap out of that and go into Tesla. But you know what? You can ride it… This is a young person's stock. An older person stock will want Tesla, okay. Because it's not clear to me that this company's sustainable. But that's a nice call by that gentleman.' Pony AI (NASDAQ:PONY) develops autonomous driving technologies and offers services such as robotaxi and robotruck operations, vehicle integration, and software solutions. Additionally, the company provides intelligent driving systems, licensing, and vehicle-to-everything products aimed at improving transportation and road safety. Bespoke software code running on a computer terminal, displaying the complex nature of the software-as-a-service platform. Pony AI (NASDAQ:PONY) reported unaudited financial results for the first quarter of 2025 on May 20. It reported total revenues of $14 million (RMB101.6 million), an 11.6% rise from $12.5 million in the same period a year earlier. The increase was largely due to significant growth in revenue from Robotaxi services. For the quarter, the company posted a non-GAAP basic and diluted net loss per ordinary share of $0.10 (RMB0.73), which was an improvement from a net loss of $0.28 per share in the first quarter of 2024. Overall, PONY ranks 9th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of PONY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Jim Cramer on Pony AI (PONY): 'You Can Ride It'
We recently published a list of . In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other stocks that Jim Cramer discussed recently. A caller inquired if they should hold Pony AI Inc. (NASDAQ:PONY) stock for the long haul or dump it and run while they can. Here's what Mad Money's host had to say: 'It had great revenues. I mean, I would've told you, let's swap out of that and go into Tesla. But you know what? You can ride it… This is a young person's stock. An older person stock will want Tesla, okay. Because it's not clear to me that this company's sustainable. But that's a nice call by that gentleman.' Pony AI (NASDAQ:PONY) develops autonomous driving technologies and offers services such as robotaxi and robotruck operations, vehicle integration, and software solutions. Additionally, the company provides intelligent driving systems, licensing, and vehicle-to-everything products aimed at improving transportation and road safety. Bespoke software code running on a computer terminal, displaying the complex nature of the software-as-a-service platform. Pony AI (NASDAQ:PONY) reported unaudited financial results for the first quarter of 2025 on May 20. It reported total revenues of $14 million (RMB101.6 million), an 11.6% rise from $12.5 million in the same period a year earlier. The increase was largely due to significant growth in revenue from Robotaxi services. For the quarter, the company posted a non-GAAP basic and diluted net loss per ordinary share of $0.10 (RMB0.73), which was an improvement from a net loss of $0.28 per share in the first quarter of 2024. Overall, PONY ranks 9th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of PONY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Why Pony AI Inc. (PONY) Soared Today
We recently published a list of In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other stocks that soared today. Pony AI saw its share prices jump by 19.09 percent on Thursday to close at $20.59 apiece as investors resorted to bargain-hunting following the previous day's drop, as investors continued to digest its recent earnings performance. In its financial statement, Pony AI Inc. (NASDAQ:PONY) said net loss widened by 80 percent to $37.4 million from $20.8 million in the same period last year, primarily due to investments its Generation 7 vehicles, one-time expenses associated with its IPO that was only settled during the period, as well as increased employee compensation. A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. Revenues, on the other hand, grew by 12 percent to $14 million from $12.5 million registered in the same period last year, thanks to a 200-percent jump in its Robotaxi services. In recent news, Pony AI Inc. (NASDAQ:PONY) partnered with ride-hailing giant Uber Technologies Inc. (NYSE: UBER) to expand and offer its robotaxis in the Middle East through the Uber app. The two companies also committed to deepening their partnership through expansion into other global markets. Overall, PONY ranks 7th on our list of stocks that soared today. While we acknowledge the potential of PONY, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Why Pony AI Inc. (PONY) Skyrocketed Today
We recently published a list of . In this article, we are going to take a look at where Pony AI Inc. (NASDAQ:PONY) stands against other stocks that skyrocketed today. Ten companies boasted whopping gains on Tuesday despite a wider market pessimism, as a flurry of corporate developments, including impressive earnings and bullish outlooks, sparked buying appetite. In contrast, Wall Street's main indices all finished in the red territory. The Dow Jones was down by 0.27 percent, the S&P 500 dropped 0.39 percent, and the tech-heavy Nasdaq declined 0.38 percent. In this article, we named the 10 best-performing stocks during the trading session and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A close-up of a server running a cloud-native platform, symbolizing the power of the software-as-a-service (SaaS) business area. Chinese firm Pony AI saw its share prices rise by 5.74 percent on Tuesday to close at $17.88 apiece as investors cheered its strong revenue performance in the first quarter of the year. In its earnings release, Pony AI Inc. (NASDAQ: PONY) said revenues grew by 12 percent to $14 million from $12.5 million registered in the same period last year, thanks to a 200-percent jump in its Robotaxi services. However, net loss remained higher by 79 percent to $37.4 million as compared with $20.8 million in the same period a year earlier, due to investments in the mass production of Generation 7 vehicles, coupled with one-time expenses related to its initial public offering that was only settled during the quarter, as well as higher employee compensation. In recent news, Pony AI Inc. (NASDAQ:PONY) partnered with ride-hailing giant Uber Technologies Inc. (NYSE: UBER) to expand and offer its robotaxis in the Middle East through the Uber app. The two companies also committed to deepening their partnership through expansion into other global markets. Overall, PONY ranks 10th on our list of today's best-performing stocks. While we acknowledge the potential of PONY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
