US stocks surged: Faraday Future rose more than 9% before the market opened, announcing executive changes to drive the implementation of its dual-brand strategy.

Faraday Future (FFIE.US) rose 9.29% in pre-market trading to $3. The company announced personnel changes to advance the implementation of its dual-brand strategy, as well as short-term and long-term business objectives.

Gelonghui FinanceSep 26 05:20 ET

Faraday Future Tapped Acting Head of Finance Operations Koti Meka As CFO Effective Sept 23, Succeeding Interim Finance Chief Jonathan Maroko Who Resigned On Sept 20

BenzingaSep 26 02:48 ET

Faraday Future Intelligent Electric Promotes Koti Meka as Permanent CFO

Seeking AlphaSep 26 01:28 ET

Express News | Faraday Future Announces Senior Leadership Changes to Drive Implementation of Its Dual-Brand Strategy

ReutersSep 26 00:34 ET

Morgan Stanley downgrades American car stocks, with GM and Ford stock prices dropping more than 5% at one point.

Due to the intensification of price wars, market share squeeze, insufficient consumer purchasing power, and the rising default rate of credit, profit of usa auto companies is under pressure. As a result, Morgan Stanley is pessimistic about the future of America's car-mart industry and has downgraded the ratings of multiple American auto companies.

wallstreetcnSep 25 12:36 ET

U.S. Trucking Activity Rises in August; Second Year-to-Year Gain in 18 Months -- OPIS

Dow JonesSep 24 14:48 ET