Baidu (NASDAQ: BIDU) is pushing its Apollo Go robotaxi business into new markets, including Australia, as the service reaches operational profitability in several Chinese cities.
Ark Invest, led by Cathie Wood, made significant trades involving Alibaba, Baidu, Pony AI, and Oklo. BABA, BIDU, and PONY were bought, while OKLO was sold. Other key trades include ARCT, RBLX, and SHOP. Alibaba's stock has a momentum and growth in the top percentiles.
Brera Holdings (NASDAQ: BREA), which is rebranding as Solmate and pivoting to a Solana-based digital asset treasury and crypto infrastructure, surged after Cathie Wood’s ARK Invest purchased 6,500,001 shares valued at about $49.72 million on Sept. 18 through ARKK, ARKW and ARKF funds. The move follows Brera’s $300 million oversubscribed private placement backed by Pulsar Group, RockawayX and ARK. Meanwhile, ARK sold 47,474 Roku (NASDAQ: ROKU) shares for roughly $4.67 million and trimmed 43,157 Tempus AI (TEM) shares for $3.73 million, while adding positions in Arcturus Therapeutics (NASDAQ: ARCT), ATAI Life Sciences (NASDAQ: ATAI), AeroVironment (NASDAQ: AVAV), Baidu (NASDAQ: BIDU) and Pony.ai (NASDAQ: PONY). BREA stock is up more than 200% year to date.
On Thursday, Cathie Wood-led Ark Invest executed significant trades, notably selling shares of Tempus AI Inc (NASDAQ:TEM) and buying shares of Brera Holdings PLC (NASDAQ:BREA),
DOHA, Qatar, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced a partnership with Mowasalat (“Karwa”), Qatar’s largest transportation service provider, together deploying autonomous vehicles on the country’s roads. This collaboration represents another significant step in Pony.ai’s vision of “autonomous mobility everywhere” and further expands its presence in the Middle East, now covering Dubai, Qatar, and other key markets.
Pony AI is gaining support from global investors as it expands its robotaxi fleet and moves towards profitability. ARK Invest and other major investors have recently backed the company.
Q2 robotaxi revenue climbed 158%, driven by fleet growth, a 136% jump in registered users, expanded operating areas in tier-one cities, and an attractive pricing strategy.
