Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Ford will stop competing in overserved market segments and instead will place big bets on connected vehicles and digital services.
According to CEO Jim Farley, the days of Ford letting complexity “overrun its business as they tried to be all things to all people is over.
Farley described Ford as being “stuck in a box,” with thin profit margins, and weak growth. and low stock valuation.
Ford will now focus on software and services and iconic vehicles, such as pickup trucks, large SUVs, and commercial vehicles. and advanced second-generation electric vehicles.
Ford's F-Series pickups are the top-selling vehicles in the U.S.
To eliminate waste and close a cost gap with the best in the industry, Ford will implement a lean, disciplined operating system that reaches all factories.
By focusing on software, services, and Ford's best products, the company won't be as vulnerable to a downturn as in the past.
Farley says Ford will go for tailored ownership experiences rather than targeting market share slivers with complex vehicles in competitive segments such as two-row crossover SUVs.
The American carmaker will also cut costs by reducing vehicle parts and cutting warranty and recall expenses by boosting quality.
The company predicted it would sell 5.6 million vehicles in 2026 as global sales recovered. Ford sold around 4.2 million vehicles last year.
Ford also is focusing on the stability of parts supply companies.
Ford will also make its revamped electric vehicle manufacturing plants more efficient, with nearly 30% less labor overhead than the company's current large internal combustion vehicle plants.
Ford has split itself into three business units, Ford Blue, Ford Model e for electric vehicles and digital products, and Ford Pro, the company's commercial vehicle business.
