The Chicago Entrepreneur

Ford saw a $1.1 billion loss in its EV business, dragging Q2 profit well below Wall Street forecast

Shares of Ford Motor Co. lost more than 10% in the extended session Wednesday after the car maker reported quarterly profits well below Wall Street’s expectations and notched another billion-dollar loss on EVs.

Previous post IBM logs a large earnings beat, sending its stock higher
Next post ServiceNow’s stock pops after earnings beat as AI product sees swelling growth