Pony AI Inc. American Depositary Shares (PONY)

Pony AI has expanded its robotaxi fleet to 300 units and aims to reach 1,000 by 2025, signaling significant progress in autonomous driving technology. Analysts project nearly 60% upside potential within 12 months.

Pony AI is launching a Hong Kong IPO of 41,955,700 Class A ordinary shares, with dual primary listing on the Hong Kong Stock Exchange and continued NASDAQ listing. The offering includes a public offering and international offering, with potential additional share allocations.

Multiple stocks saw significant gains on Monday, driven by factors including potential cannabis policy changes, analyst upgrades, and strategic collaborations.

Pony.ai, a Chinese autonomous vehicle manufacturer, has partnered with Uber to deploy its robotaxis on the Uber rideshare platform, sending the stock price up 4%. The partnership aims to commercialize autonomous mobility technology and expand to international markets.