Bull&Bear | Cantor Equity and Pony.ai Lead Bullish Surge Amid Strategic Developments

牛股方面：

Cantor Equity (CEP) surged by 50.30% and has been rising for two consecutive days, with a cumulative increase of 133.52%. The company plans to bring Twenty One, supported by Softbank and Tether, to the public through a merger agreement valued at 3.6 billion RMB. Cantor Equity agreed to a 3.6 billion USD SPAC deal with the cryptocurrency company Twenty One. The stocks of Cantor Equity Partners rallied after reaching a business merger agreement with Twenty One Capital.

TMC the metals (TMC) saw a significant increase of 44.71% over two consecutive days, accumulating a 56.36% rise in the last two days. This surge is attributed to an executive order signed by President Trump, directing the Secretary of Commerce to expedite the permitting process under the Deep-Sea Hard Mineral Resources Act.

Sutro Biopharma (STRO) experienced a jump of 44.44%, climbing consecutively for four days, with a total increase of 147.81% over the last four days. In the fiscal year 2024, Sutro Biopharma reported a net profit of -227 million USD, which represents a year-on-year decrease of 112.15%.

Pony.ai (PONY) witnessed a sharp increase of 39.41%, rising for two consecutive days, accumulating an 81.97% surge over the past two days. The announcement of a collaboration with Hesai Lidar triggered a significant rise in its stock price. Both companies revealed their plans to jointly develop advanced autonomous driving technology. This partnership is seen as a significant boost to Pony.ai's future development, with the market holding high expectations for its technological innovation capabilities. Given the importance of Lidar technology in the autonomous driving sector, investors responded positively to this news, driving the stock price higher.

The Arena Group (AREN) rose by 36.31%, continuing its upward streak for two days, totaling an 81.03% increase. Arena Group Holdings reported fourth-quarter earnings of $0.14 per share, a significant improvement from last year's $0.23 per share loss. However, sales totaled $36.23 million, compared to $44.14 million in the previous year.

熊股方面：

First Internet (INBK) experienced a decline of 20.81%. The company's stock price dropped following the announcement of its first-quarter financial results.

Maze Therapeutics (MAZE) fell by 19.37%, marking a consecutive two-day drop with a cumulative decrease of 21.91%. The stock continued to weaken after the company reported a year-on-year decline in fourth-quarter earnings per share yesterday, leading to a decrease in the stock price.

TAL Education Group (TAL) saw its stock fall by 18.67%. This drop was driven by JPMorgan’s decision to downgrade its rating from overweight to neutral.

Fiserv Financial Services (FI) saw its stock plunge by 18.52% due to a slowdown in Clover's growth during the first quarter.

Churchill Downs (CHDN) declined by 16.23%. The company outlined that macroeconomic uncertainty has led to the suspension of a Kentucky Derby project valued at $25 million to $30 million.