Latest News Updates From Bailey Lipschultz

Business, Technology, Equipment, Autonomous

Pony AI Raises $413M, Shares Surge in Nasdaq Debut

With Pony’s offering, Chinese companies have raised $1.2 billion via U.S. IPOs this year, nearly double the amount in the same period in 2023 but below the heights seen during the pandemic.

November 27, 2024
Business, Technology, Autonomous

Driverless Tech Firm Pony.ai Seeks Up to $195 Million in IPO

Pony.ai Inc. is looking to raise as much as $195 million from its U.S. initial public offering as automotive-related companies lead a modest pickup in Chinese listings.

November 15, 2024
Business, Technology, Fuel

EV Maker VinFast Soars in Nasdaq Debut

VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.

August 15, 2023
Business, Fuel

Shale Drilling on a Roll as OPEC Cuts Keep Oil Above $50

Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as explorers take advantage of prices above $50 for more than two months.

February 17, 2017