Faraday Future Intelligent Electric Inc.
(NASDAQ:FFAI) stock rose during Monday's premarket session as improving risk appetite lifted speculative growth stocks.
Nasdaq futures gained 1.03%, while S&P 500 futures advanced 0.48%.
The EV maker also received a boost after global CEO YT Jia shared a positive weekend operational update, highlighting the rapid expansion and commercialization of the company's Embodied AI (EAI) robotics ecosystem.
Faraday Future's gains followed the company's latest update on its AI and robotics strategy, which management said is advancing toward commercialization.
