TNB Tech Minute: Ford Reports Largest-Ever Quarterly Loss Mainly Due to EV Business
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 11 February 2026
⏱️ 3 minutes
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| 0:00.0 | I think the potential of Agenic is to rethink how work gets done overall. It challenges all sorts of |
| 0:06.8 | traditional orthodoxies around how organizations execute the work at hand. That's Jason Gersatus, |
| 0:12.6 | CEO of Deloitte U.S., talking about the transformational potential of Agenic AI. Join him later to |
| 0:19.0 | learn why agents are a game changer for businesses across industries. |
| 0:24.5 | Here's your morning TNB Tech Minute for Wednesday, February 11th. I'm Julie Chang for the Wall Street Journal. |
| 0:31.5 | Ford Motor posted its largest ever quarterly loss of about $11 billion mainly related to charges in its electric vehicle business. |
| 0:39.9 | Ford expects to continue to lose money on EVs until 2029. The automaker also reported an annual |
| 0:46.0 | net loss of more than $8 billion, alongside spending approximately $2 billion on tariffs last |
| 0:52.3 | year, with similar expenses projected for 2026. Despite these |
| 0:56.8 | massive financial hits, Ford's overall results surpassed market expectations. The automaker |
| 1:02.0 | forecasts improved cash flow this year, plus narrower EV losses. Shopify expects revenue growth |
| 1:09.1 | in the first quarter of 2026, extending the momentum it saw in the fourth quarter. |
| 1:14.3 | In 2025, revenue rose to more than $11.5 billion, representing a more than 23% jump. |
| 1:21.6 | For the fourth quarter, the Commerce Platform's revenue rose to $3.67 billion, exceeding analysts' expectations, and its gross |
| 1:29.8 | merchandise volume climbed to nearly $124 billion. Despite the strong revenue, the company posted a lower |
| 1:36.8 | net income of $743 million, and its stock has recently fallen alongside other software names |
| 1:43.6 | amid investor concerns around AI. |
| 1:46.5 | And Chinese video game giant net ease reported a 29% drop in fourth quarter net profit to just under $903 million, missing analyst expectations. |
| 1:57.4 | Revenue rose 3% roughly in line with market expectations, though that growth was slower |
| 2:03.0 | than the second and third quarter. The company attributed its revenue uptick to strong |
| 2:07.8 | performance from self-developed games. NetEase also signaled improving production efficiency, |
| 2:13.0 | which its CEO credits to the application of AI across its game development and gameplay. |
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