Ford Extends Rally as AI Hype Drives Best Gain in Six Years

Ford Motor Co.’s stock surged again on enthusiasm for the automaker’s pivot toward energy storage, the latest sign that investors are eager to embrace companies that stand to benefit from power-hungry data centers.

The shares climbed as much as 10% Thursday in New York, pushing the two-day gain to 25%, the most intraday since March 2020. Wednesday’s gain turned Ford’s stock positive for the year.