# The Dow Jones Industrial Average surged 2.85% to 47,909.92.

*business · news · 2026-04-09 · Benzinga*

## Key points

- President Trump declared a two-week ceasefire on Iran strikes, boosting U.S. stock futures.
- Ford canceled several battery-electric models due to insufficient demand and a $4.8 billion annual loss.
- U Power announced a private placement, selling 2.9 million shares at $1.10 each for funding.
- Alphabet revealed $150 billion in hidden assets from SpaceX and Anthropic, clarifying its balance sheet value.
- Applied Digital stock is ranked in the 97th percentile for Momentum by Benzinga Edge.

**Companies:** Ford Motor Company, Alphabet Inc., Block Inc., Applied Digital Corporation, U Power Limited
**Countries:** United States, China

[Read the full story on Benzinga](https://www.benzinga.com/markets/equities/26/04/51721999/ford-applied-digital-u-power-block-and-alphabet-why-these-5-stocks-are-on-investors-radars-today)

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