Why is Ferrovial stock rallying today?

Ferrovial, a global infrastructure company, was selected to deliver Tennessee's $9.2B I-24 Southeast Choice Lanes project, the largest private investment in the state's history. The project, a public-private partnership, will add choice lanes along a 26-mile corridor, improving mobility in the Nashville region. Ferrovial, along with consortium partners, will finance, design, build, operate, and maintain the project, which is expected to generate $24.8B in concession value for Tennessee. The comp

Ferrovial reported H1 2026 results, citing double-digit growth in Construction and Highways, driven mainly by U.S. highways. Adjusted EBITDA rose 21.6% like-for-like to €746 million, revenue increased 11.3% to €4.7 billion, and net profit was €258 million. Liquidity was €4.7 billion and net cash €1.3 billion. Ferrovial also reported a €18 billion order book and bids in Tennessee and Georgia.

Ferrovial reported first-half 2026 revenue of €4.7 billion, up 11.3% like-for-like, and adjusted EBITDA of €746 million, up 21.6% like-for-like. Net profit fell to €258 million from €540 million, partly due to prior-year capital gains. Highways revenue rose 15.8% to €740 million. Ferrovial said North America drove results and reported €18 billion order book.

Intel (INTC) stock rose 7.6% after reports that SK Hynix is in early talks to use Intel's Ohio facilities. The discussions are exploratory, with no finalized terms. Intel's foundry business has been struggling, and a deal with SK Hynix could validate its turnaround strategy. The rally outpaced broader market gains, suggesting investor reaction to company-specific news.

AMD shares rose 6.3% after Nebius, a cloud provider, announced price hikes for chip rentals, including a 25% increase for AMD's EPYC Genoa CPUs. The move signals strong demand for AI computing power. AMD's data center revenue grew 107% YoY to $6.7B in Q2 2026, contributing to total revenue of $11.5B, up 50% YoY.

Lucid Group (LCID) shares rose 5.94% after announcing a partnership with Bolt to deploy 25,000 autonomous vehicles in Europe and the Middle East by 2035. The companies aim to expand their existing collaboration, though financial details were not disclosed. Lucid's CEO highlighted the potential of shared autonomous mobility.