Top Midday Stories: Ford Sales Rise 6% in 2025; AIG's Zaffino to Retire From CEO Post by Mid-Year

MT Newswires Live
01/07

All three major US stock indexes were up in late-morning trading Tuesday, continuing an upward trend starting Monday after the US captured Venezuelan President Nicolas Maduro over the weekend.

In company news, Ford Motor (F) said Tuesday its total sales rose 6.0% in 2025 to 2,204,124 vehicles. The automaker said its market share rose 0.6 percentage point in 2025 to 13.2%. For Q4, Ford sales were up 2.7%, while its market share increased by 0.9 percentage point, the company said. Ford shares were up 0.9% around midday.

American International Group (AIG) said Tuesday that Chairman and Chief Executive Peter Zaffino plans to retire as CEO by mid-year and transition to executive chair. The company has appointed Eric Andersen as president and CEO-elect, effective Feb. 16. AIG shares were down 7.3%.

Nvidia (NVDA) said Monday it has launched its Rubin platform, an artificial intelligence computing architecture built around six tightly integrated chips designed to function as a single large-scale AI supercomputer. Separately, the company has seen robust demand for its H200 AI chips from Chinese customers, Bloomberg reported Monday, citing company executives. Nvidia shares were up 0.4%.

OneStream (OS) is in advanced talks to be taken private by Hg Capital, Bloomberg reported Tuesday, citing people familiar with the matter. A deal could be announced as early as this week, but it could also not come to fruition, the report said, citing the sources. OneStream shares were up 23%.

Grab Holdings (GRAB) said Tuesday it has acquired Infermove, an AI robotics company based in China. Financial terms of the deal were not disclosed. Grab shares were up 3.2%.

TPG (TPG) will make a $500 million minority investment in Jackson Financial (JXN) as part of a long-term strategic partnership that includes an investment management arrangement, the companies said Tuesday. TPG shares were up 3.3%, while Jackson Financial shares were up 5.2%.

Price: 13.61, Change: +0.14, Percent Change: +1.00

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