Ford Motor Co. shares surged by as much as 15% following a bullish call from Morgan Stanley, marking the stock's best one-day performance since March 2020. In just two days, shares gained 20%, helping it turn positive for the year. While US manufacturing output accelerated due to increased auto production, supply disruptions from the war with Iran are casting a shadow over the sector. Ford is preparing to support a defense industrial mobilization in North America and Europe and is exploring how its commercial vehicles and related technologies could help governments quickly build defenses cost-effectively.
Shares of Helix Energy and Atlas Energy Solutions experienced significant price surges, drawing market attention to momentum-driven events in the energy services sector.
Read the full storyTesla stock fell over 3% on Tuesday as investors weighed legal setbacks and the potential diversion of institutional capital toward an upcoming SpaceX listing.
Ford is exploring the use of its commercial vehicle technology to support defense mobilization, signaling a potential shift toward military production to bolster national security initiatives.
IG Group shares surged 11% to lead the FTSE 100 after a strong start to the fiscal year prompted a guidance upgrade.
U.S. industrial production increased by 0.7% in April, significantly exceeding market expectations of a 0.3% rise.
Tredegar posted sharp Q1 earnings growth driven by aluminum margins, but weakness in its High Performance Films segment triggered a 20% stock sell-off.
Ford shares gained over 6% Thursday, extending a two-day rally to 20% as Wall Street analysts cheered the automaker's strategic pivot toward the energy storage market.
The geothermal power producer saw robust investor demand in its market debut, driven by optimism over its technology's alignment with current U.S. energy policy.
Ford Motor Co. shares marked their best daily performance since March 2020 after Morgan Stanley highlighted the automaker's energy storage business as a major value driver.
Federal regulators approved major transactions for EchoStar to transfer significant spectrum holdings to SpaceX and AT&T, potentially improving the company's strategic liquidity.
The energy infrastructure giant outperformed analyst estimates driven by robust contributions from its natural gas transmission and distribution segments.