Why Pony AI Inc. (PONY) Soared Last Week

Ten companies finished the past trading week connected a precocious note, outperforming the 3 large indices with double-digit gains amid a flurry of catalysts, including upcoming net releases, that sparked buying appetite.

Week-on-week, the Nasdaq rallied by 6.7 percent, the S&P 500 clocked successful a 4.59-percent gain, portion the Dow Jones was up by 2.48 percent.

In this article, we person listed past week’s apical 10 performing stocks and elaborate the reasons down their gains. The stocks were chosen based connected the highest percent summation successful closing prices connected April 25 arsenic against their prices connected April 17, oregon the week prior.

To travel up with the list, we considered lone the companies with a $2-billion marketplace capitalization and a $5-million trading volume.

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Pony AI Inc. (NASDAQ:PONY)

Pony AI saw its stock prices soar by 56.47 percent week-on-week to adjacent astatine $7.01 connected Friday versus the $4.48 adjacent connected April 17, pursuing quality that it volition make an autonomous driving exertion and connection robotaxi services soon.

In an interrogation with CNBC connected Friday, Pony AI Inc. (NASDAQ:PONY) CEO James Peng said that the institution is successful talks with Tencent Cloud “for rather immoderate time” to connection robotaxi services connected the latter’s WeChat and different applications.

Peng said that some companies volition payment from the latter’s immense idiosyncratic basal and unreality offerings.

Commenting connected the partnership, Tencent Group Vice President Zhong Xiangping, successful a statement, said: “This strategical concern betwixt the 2 parties is not lone astir complementing each other’s technologies and resources but besides marks a caller starting constituent for collaborative innovation.”

“Pony.ai possesses industry-leading autonomous driving exertion accumulations, portion Tencent excels successful unreality services, mapping, and cockpit ecosystem technologies,” helium said.

Overall, PONY ranks 1st connected our database of firms that recorded double-digit gains past week. While we admit the imaginable of PONY arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns and doing truthful wrong a shorter clip frame. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than PONY but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.