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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 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.
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,
Nasdaq, Wall Street
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. AppLovin has been one of the fastest-growing stocks on the market. Its share price surged 2,
Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading declines, as technology stocks slumped on Thanksgiving eve on worries the Federal Reserve may be cautious about rate cuts after stubbornly strong U.
Nasdaq, S&P, and Dow were mixed as key inflation data arrived
The Wall Street major averages were mixed on Wednesday, as investors received a slew of economic data. Early on and the S&P 500 (SP500) was -0.1%, the Dow (DJI) was +0.1%, and the Nasdaq Composite (COMP:IND) was -0.
AI, Jet and Nasdaq
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.
5h
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 ...
14h
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 ...
5h
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 ...
10h
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 ...
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