Why Pony AI Inc. (PONY) Declined on Tuesday

5 hours ago 18

Angelica Ballesteros

Wed, May 14, 2025, 4:23 AM 3 min read

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We precocious published an nonfiction titled Massive Sell-Offs Just Hit These 10 Stocks Today. In this article, we are going to instrumentality a look astatine wherever Pony AI Inc. (NASDAQ:PONY) stands against the different stocks.

Wall Street’s main indices finished mixed connected Tuesday, arsenic investors digested the country’s latest ostentation figures, which came retired little than expected.

On Tuesday, the Labor Department reported that the Consumer Price Index for April roseate by lone 0.2 percent past month, bringing the yearly ostentation complaint to 2.3 percent, versus the 2.4 percent successful March. It was the lowest yearly complaint since February 2021.

Only the S&P 500 and the tech-heavy Nasdaq registered gains among each large indices, up by 0.72 percent and 1.61 percent, respectively. The Dow Jones, connected the different hand, was down by 0.64 percent.

Beyond the main indices, 10 firms lagged successful show amid antagonistic news, sparking sell-offs.

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

10 Best Mid Cap AI Stocks to Buy Now

10 Best Mid Cap AI Stocks to Buy Now

A idiosyncratic astatine a machine station, surrounded by a neural web of artificial quality code.

Pony AI Inc. (NASDAQ:PONY) snapped a five-day winning streak connected Tuesday, dropping 10.56 percent to adjacent astatine $17.95 apiece arsenic investors resorted to profit-taking to instrumentality vantage of its higher valuation.

The company’s caller rally was boosted by its caller concern with ride-hailing elephantine Uber Technologies Inc. (NYSE:UBER) to grow the former’s autonomous driving cars globally.

According to the companies, they joined forces to statesman the motorboat of robotaxis successful a cardinal marketplace successful the Middle East aboriginal this year. The announcement provided a boost to Pony AI Inc. (NASDAQ:PONY), a ride-hailing elephantine based successful China, arsenic it would leverage Uber’s wide lawsuit basal globally.

During the archetypal phase, the robotaxis volition stay supervised by information operators onboard until the afloat autonomous commercialized launch.

“At Pony.ai, our imaginativeness is to make autonomous driving exertion that is not lone harmless and reliable but besides scalable, transforming regular transportation,” said Pony AI Inc. (NASDAQ:PONY) CEO James Peng.

Overall PONY ranks 6th connected our database of Tuesday's worst performers. 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.

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