On this episode of Stock Movers:
- Pony AI (PONY) shares rise. Pony AI Inc. raised its robotaxi fleet target for this year by 500 vehicles to 3,500 after reporting stronger-than-expected first-quarter revenue. The company posted 145% on-year revenue growth to $34.3 million in the three months ended March, beating the $21.7 million average analyst estimate.
- Autozone (AZO) shares slide. The retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.
- Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade.

On this episode of Stock Movers: - Pony AI (PONY) shares rise. Pony AI Inc. raised its robotaxi fleet target for this year by 500 vehicles to 3,500 after reporting stronger-than-expected first-quarter revenue. The company posted 145% on-year revenue growth to $34.3 million in the three months ended March, beating the $21.7 million average analyst estimate. - Autozone (AZO) shares slide. The retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street&rsquo;s expectations. - Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Pony AI Rises, Autozone Slides, Micron Gains After UBS Raises Price Target

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