Ford Stock Just Became Wall Street’s Surprise AI Trade. The Rally Is Getting Hard to Ignore
Ford shares closed Thursday at $16.65, up 4.9%, bringing the one-month gain to 34%. The rally follows news of a five-year agreement for Ford Energy to supply up to 20 GWh of battery storage to EDF power solutions North America. Ford recently acquired Kentucky battery plants and assumed a $3.8 billion federal loan. Investors are focusing on Ford’s energy-storage business rather than its auto sales.