Impressive Earnings, Fresh Deals Propel Prices of These 10 Firms

2. Hesai Group (NASDAQ:HSAI)

Shares of Hesai Group surged 21.02 percent on Thursday to end at $16.81 apiece as investors repositioned their portfolios amid optimistic business prospects, fueled by a series of clinched deals with international companies.

Last week alone, Hesai partnered with spatial AI software platform Outsight, and autonomous driving solutions Embotech AG, to deliver cutting-edge lidar technology and perception software for Embotech’s AVM technology deployed in BMW facilities and known internally at BMW as Automated Driving In-Plant (AFW).

Also last month, Hesai secured design wins for multiple Chery models, which are expected to enter mass production in the second half of 2025. Hesai said the new models will be equipped with the newest generation of Hesai’s ultra-compact high-performance ATX lidar.

Hesai Group is a China-based technology company specializing in the development of light detection and ranging (LiDAR) solutions.