Pony.ai wins first permit for fully driverless taxi operation in the center of China’s Silicon Valley

Key Points

In the latest step towards building a revenue-generating robotaxi business, Chinese startup Pony.ai said it has obtained the first permit to charge fares for fully driverless taxis in core parts of a business district of Shenzhen.
The permit allows Pony.ai to charge fares for rides — without any human staff inside — from the Shenzhen international airport and Shenzhen Bay Port to key parts of the district of Nanshan, home to tech giants Tencent and DJI.
While Pony.ai did not disclose how many robotaxis it could operate in the region, the company said the driverless cars could run daily from 7:30 a.m. to 10 p.m. local time.

Source

Finance

Stocks making the biggest moves premarket: Applied Materials, Intel, Magnum Ice Cream and more

May 15, 2026

Check out the companies making the biggest moves premarket: Applied Materials — The semiconductor equipment supplier fell about 2% despite reporting fiscal second quarter results that beat expectations on the top and bottom lines. Applied Materials posted quarterly earnings of $2.86 per share, excluding items, on revenues of $7.91 billion. Analysts surveyed by LSEG had […]

Finance

Bill Ackman says he built Microsoft position in first quarter

May 15, 2026

Key Points “In our 13F which we will file later today, we will disclose a new position in Microsoft, a company we have followed for many years now offered at a highly compelling valuation.” While Ackman didn’t note the size of his stake in the tech giant, he called it a “core holding.” Source

Finance

Trump-Xi summit: the 3 big takeaways from historic meeting in Beijing

May 15, 2026

Key Points U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday and Friday. The trip has gone a long way toward strengthening a fragile trade truce reached in October. However, the two sides have yet to announce many specific agreements. Source