Why Shares of Pony AI Are Surging Today
From Yahoo Finance: 2025-05-27 10:41:00
Shares of Pony AI (NASDAQ: PONY) rose by 12% as they partnered with Dubai’s RTA for self-driving vehicle use. RTA aims for 25% autonomous trips by 2030. Trials start this year, full driverless by 2026, and thousands of vehicles within two years. Investors are intrigued by Pony AI’s lower-cost autonomous technology.
Despite Pony AI’s success, it operates at a loss with a $6.9 billion market cap. Investors can accumulate shares cautiously due to the company’s financial situation. Motley Fool’s Stock Advisor did not list Pony AI in the top 10, suggesting potential for other stocks to yield higher returns. The top 10 stocks could offer significant growth opportunities.
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