Ford’s 45% share-price gain fades as AI energy-storage hopes coolMachine translation
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Bloomberg reports that Ford shares fell below $11.99, erasing an earlier 45% gain driven by hopes that its battery-storage business could win orders from AI companies. Ford’s latest earnings report offered no substantive update on storage customers or partnerships; a strategist at a firm that holds Ford shares said the business would not generate commercial revenue until 2028.
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