Morningstar
Dow Jones Top Company Headlines at 3 AM ET: Ford's $30,000 EV Truck Sets Ambitious Goal: 100,000 Sales in Year One | Uber, ...
xCruzo Brief
Ford’s proposed $30,000 EV truck, dubbed “Fathom,” is setting an aggressive benchmark: the automaker aims to sell 100,000 vehicles in its first year. It’s described as the first in a coming line of cheaper EVs expected to broaden the brand’s lineup. In London, Uber says passengers using its app in the U.K. capital starting Thursday could be matched with robotaxis equipped with Wayve’s autonomous-driving technology. In corporate results, Impala Platinum reported profit growth tied to higher precious-metal prices, while Broadcom’s third-quarter earnings surged on demand for custom chips. Elsewhere, HPE raised long-term growth targets after AI-driven profit gains.
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