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Ford's stock rose on strong earnings, despite a $1.4B EV loss and lowered 2025 outlook due to a supplier fire.
Ford's stock rose despite a $1.4 billion loss in its EV division, as the company posted strong third-quarter earnings and revenue, beating expectations.
Analysts upgraded its stock, citing core business strength and cost controls.
However, Ford cut its 2025 outlook due to a fire at an aluminum supplier’s plant, which will cost $1.5–2 billion, and revised free cash flow forecasts lower.
The broader market also hit record highs on cooling inflation data.
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Las acciones de Ford subieron en fuertes ganancias, a pesar de una pérdida de EV de $ 1.4B y bajaron las perspectivas de 2025 debido a un incendio de proveedor.