Why Traders Flocked to These 10 Stocks on Monday

1. Pony AI Inc. (NASDAQ:PONY)

Pony AI saw its share prices soar by 47.22 percent to close Monday’s trading at $10.32 apiece as investors cheered announcements from a key executive that the company is now nearing profitability.

According to reports quoting PONY’s chief technology officer, Lou Tiancheng, announced that it is nearing profitability after clearing significant challenges on the costs of materials.

In a report by the Wall Street Journal, Tiancheng said that Pony AI Inc. (NASDAQ:PONY) can now build its autonomous driving system for 70 percent less.

PONY is an autonomous driving technology company that supports carmakers in making vehicles to become autonomous.

Also last week, the company announced that it will develop an autonomous driving technology and offer robotaxi services soon.

In an interview with CNBC on Friday, Pony AI Inc. (NASDAQ:PONY) CEO James Peng said that the firm is in talks with Tencent Cloud to offer robotaxi services on the latter’s WeChat and other applications.

Peng said both firms will benefit from the latter’s huge user base and cloud offerings.

While we acknowledge the potential of PONY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PONY but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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