The recent optimism on Wall Street dissipated as companies continued to reassess their financial outlooks due to uncertainty over President Donald Trump’s on-again-off-again tariff policies.

They say no bad news is good news. For Wall Street, on certain days, no news is also good news. Futures market are in the green after the S&P 500 and Nasdaq gained for the third day in a row. The Dow Jones also ended 500 points higher in regular trading on Thursday.

Risk is back on, and Pony AI (Nasdaq: PONY) is galloping ahead by over 27% today after rising as much as 30% in the session. At $7 per share, PONY stock is trading at volume of over 13 million shares compared with an average of 2 million shares trading hands,