Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.

China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each.

(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.

On Nov. 18, mobile advertising company AppLovin (NASDAQ: APP) joined the index, replacing discount store Dollar Tree. AppLovin has been one of the fastest-growing stocks on the market. Its share price surged 2,

Jet.AI (NASDAQ:JTAI) has received Nasdaq confirmation that it has regained compliance with the $2.5M stockholders’ equity and minimum bid price requirements. As of November 26, 2024, there was ~$6.8M in pro forma shareholders’ equity and cash and cash equivalents of $6.

Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics risk as tensions between Beijing and Washington remain volatile, according to Chief Executive Officer James Peng.

Last week, Nvidia Corporation (NASDAQ: NVDA) issued its third quarter results, topping both sales and earnings estimates as well as posting a better-than-expected current quarter guidance as its end-customers,

Investors should sell the tech-heavy Invesco QQQ Trust ETF in response to Huang's warning. Click here to read an analysis of QQQ ETF here.

Even as the United States pursues a tougher trade policy towards China, the latest indication being the tightening of export restrictions on advanced AI chips, companies from the Asian country

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures.The stock market rally saw the major indexes fall Wednesday heading into the Thanksgiving holiday, but came off lows as Treasury yields extended their retreat.

The U.S. Federal Trade Commission launched a broad antitrust investigation into Microsoft, spanning several areas of the tech giant's business including cloud computing and artificial intelligence, Bloomberg reported Wednesday,