We recently released a list These 10 stocks boosted the market this week, and that's why. In this article, we will look at the position of Pony AI Inc. (NASDAQ:PONY), which is in conflict with other stocks that have driven the market this week.

Stock markets were lower on the weekend as cautious investors repositioned their portfolios in high-risk negotiations between the U.S. and China on trade policies in global economies over months.

On a weekly basis, Dow Jones fell 0.16%, the S&P 500 fell 0.47%, while Nasdaq stock fell 0.27%.

Apart from the main indexes, 10 companies saw a bigger decline in the market, soaring in just one week of trading.

In this article, we named the 10 best performing companies this week, which is the main reason for the gain.

To put this list, we only considered stocks with a market cap of $20 billion and a trading volume of $5 million.

Based on the highest percentage of the closing price on May 9, these stocks were selected compared to the price a week ago or May 2.

A close-up of the digital cloud, indicating the wide range of software-as-a-service solutions.

Pony AI, 72.4% per week, ended Friday at $17.93 with $10.40 a week ago as investors went to the company's stock in the company's stock to expand the global reach of its self-driving cars after a deal with ride-hailing giant Uber Technologies Inc. (NYSE: UBER).

Earlier this week, Uber Technologies Inc. (NYSE:UBER) announced that it has teamed up with Pony AI Inc. (NASDAQ:PONY) to deliver robots in major markets in the Middle East later this year.

The news is to drive the driving force behind China-based ride-hailing giant Pony AI Inc. (NASDAQ:PONY) as it will leverage Uber’s wide customer base globally.

In the initial stage, the robot will be supervised by the security operator on board until a completely autonomous commercial release.

The two companies also aim to expand their partnerships to other international markets.

“At Pony Ai, our vision is to develop autonomous driving technology that is not only safe and reliable, but also scalable, thus changing everyday transportation,” said James Peng, CEO of Pony Ai Inc. (NASDAQ: PONY).

Overall, pony Ranked first On our list of stocks that are driving the market this week. Although we acknowledge that Pony’s potential is an investment, our belief is that AI stocks have higher returns in a shorter time frame and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than Pony, but their earnings are trading at less than 5 times the price, check out our report The cheapest AI stock.