Yahoo Finance Video2d agobullishVIDEO
Ford soars 20% on battery storage pushYahoo Finance’s Julie Hyman and Head of News Myles Udland discuss Ford's (F) 20% jump over the past few days after its battery storage bet.
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Reuters3d agobullish
Ford stock surges 13% on investor optimism for new energy storage businessInvestor support for Ford Motor's energy storage business sent its stock soaring 13% Wednesday, the biggest single-day increase in about six years, following a note from Morgan Stanley highlighting details released by the company on Monday. Ford announced its wholly-owned energy subsidiary late last year, and it is being directed by Lisa Drake, who has been a key leader in the company's efforts around electric vehicles. • After a $19.5 billion writedown on its EV programs in December, Ford announced it would launch an energy storage business, utilizing plant space in Kentucky that was previously meant to produce batteries for electric vehicles.
The Wall Street Journal4d agobullish
Ford Stock Surges on Support for Energy-Storage BusinessFord Motor’s stock soared Wednesday as Wall Street cheered the automaker’s increased focus on using batteries once meant for electric vehicles as stationary energy-storage systems. Morgan Stanley analysts cited the company’s new Ford Energy subsidiary in a note Wednesday as an “underappreciated” competitive advantage. Energy storage systems are large stationary batteries, which have emerged as an alternative business strategy for carmakers who invested heavily in electric vehicle battery plants.
Yahoo Finance4d agobullish
Ford stock surges as Morgan Stanley gets bullish on energy storage businessFord shares surged on Wednesday after Morgan Stanley said Ford's new energy business could be a winner for the automaker, based on a big competitive advantage it has with battery tech.
Benzinga4d agobullish
Ford Stock Soars On Energy Business OptimismFord Motor Co (NYSE:F) shares are skyrocketing Wednesday. Morgan Stanley released new research arguing that the company's energy storage ambitions are far more valuable than the market currently recognizes, putting the stock on pace for its best session since March 2020. Here’s what you should know. Ford Motor stock is among today’s top performers. What’s behind F gains? What’s Pushing Ford Higher? Morgan Stanley analyst Andrew Percoco reiterated an Equal‑weight rating and kept a $14 price targe
Financial Times5d agobullish
Stellantis and Ford turn to partnerships to tackle Europe woesStellantis and Ford said partnerships with both Chinese carmakers and traditional rivals were increasingly important for survival in a European...