The U.S.-listed equity of Chinese autonomous-vehicle developer Pony AI (NASDAQ: PONY) rose nearly 6% on Tuesday, following the release of its latest quarterly results, contrasting with the S&P 500 index’s 0.4% decline. In Q1, Pony AI reported just under $14 million in revenue, a 12% increase from the previous year, although its adjusted net loss widened to almost $34 million from $25.4 million. Despite the deeper loss, the net loss per ADR improved significantly to $0.10, down from $0.28, attributed to a higher ADR count.
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