Pony AI is gaining support from global investors as it expands its robotaxi fleet and moves towards profitability. ARK Invest and other major investors have recently backed the company.
The financial markets are currently grappling with a significant debate surrounding stock valuations, particularly as the meteoric rise of Artificial Intelligence (AI) and growth stocks fuels concerns reminiscent of the infamous Dotcom Bubble. While a select group of large-cap technology companies has driven much of the market's recent gains, a
Container shipping activity between China and the United States is sliding again, with traffic hitting its weakest levels in two years, according to the latest reports.
Coatue Management's billionaire investor has been swapping out shares of Wall Street's premier AI stock for a dual-industry leader in the world's No. 2 economy.
In a significant boost to market confidence, two major players from disparate sectors – Chinese technology behemoth Tencent Holdings (HKG: 0700) and American casual dining leader Brinker International (NYSE: EAT) – have announced quarterly earnings that have not only surpassed analyst expectations but also underscored robust operational performance and strategic foresight. These
Tech-heavy indices were little moved on Wednesday, while small caps and blue chips surged as investors rotated into lagging names, signaling a broadening market rally.
In a dynamic day for the financial markets, a select group of companies defied broader trends, experiencing significant surges in their stock prices and emerging as today's top gainers. NXP Semiconductors (NASDAQ: NXPI), Brinker International (NYSE: EAT), Gildan Activewear (NYSE: GIL), Sea Limited (NYSE: SE), On Holding AG (NYSE: ONON)
