Ford Set for Worst Day Since 2024 as AI-Driven Rally Abates

Ford Motor Co.’s blistering rally screeched to a halt Friday, as a broader market selloff cooled enthusiasm over the automaker’s potential to benefit from the boom in energy demand for artificial intelligence.

The Michigan-based company’s stock sank more than 8% as of 10:30 a.m. in New York, setting it on track for its worst day since October 2024.