Why Pony AI Stock Galloped Today

Key Points Pony AI is a Chinese AI tech stock planning to roll out robotaxi service in Qatar. Pony has no profits -- and not a lot of revenue, either. 10 stocks we like better than Pony Ai › Shares of Pony AI (NASDAQ: PONY), which aims to use artificial intelligence to direct driverless vehicles for robotaxi services in China and elsewhere, soared as much as 12% in early trading Monday before retreating a bit in the afternoon -- all on no obvious news. As of 12:10 p.m. ET, Pony AI stock is still u ...