Pony AI Inc. (PONY) surged 21.50% on Friday after positive earnings outlook

From Yahoo Finance: 2025-05-02 22:26:00

The stock market ended the week strong with major indices posting gains. Nasdaq rose by 1.51%, S&P 500 by 1.47%, and Dow Jones by 1.39%. Ten companies saw gains due to impressive earnings and positive outlook. Pony AI Inc. (NASDAQ:PONY) surged 21.50% on Friday, hitting $10.40 per share. The company plans to release earnings results and enter the robotaxi industry.

Pony AI Inc. (NASDAQ:PONY) is venturing into the robotaxi sector, aiming to reduce autonomous driving system costs by 70%. CEO James Peng mentioned possible collaboration with Tencent Cloud for robotaxi services on WeChat. PONY ranks first among Friday’s top performers, but AI stocks offer greater return potential in a shorter time frame. Consider exploring other AI investment opportunities for higher returns.



Read more at Yahoo Finance: Why Pony AI Inc. (PONY) Went Up On Friday