Faraday Future stock continued to soar 21% in overnight trading after a 78% rally in prior session. Faraday Future FX prototype car will be unveiled at CES 2025 in Las Vegas on January 5-7. The company is also expected to provide a strategy update at CES.

In addition, the electric vehicle company announced that entrepreneur Luke Hans will take delivery of the first FF 91 2.0 Futurist Alliance EV in 2025 during a delivery ceremony with executives. Hans was noted to have business interests spanning real estate, car rental, oil, pharmaceutical, and film production, with operations in China, Canada, and the U.S.

Hans was signed as a Faraday Future Developer Co-Creation Officer, and is expected to play a key role in supporting the company’s business development, product sales, and collaborative innovation efforts. Hans is considered a leader in the Los Angeles Chinese community. His partnership with Faraday Future (FFIE) is expected to amplify the company’s outreach and drive more in-depth engagement with influential communities.

BigBear.ai stock continued to rise 2% to $4.91 in overnight trading after a 14.25% rally on Monday.

H.C. Wainwright published new coverage on BigBear.ai stock. Analyst Scott Buck's new one-year price target of $7 per share implies additional upside of 40%.

Buck is bullish on the company's move to refinance convertible senior notes worth $182.3 million, pushing the maturity date from 2026 to 2029.

Sangamo Therapeutics shares down 60% in overnight trading. Sangamo Therapeutics said on Monday that partner Pfizer has terminated their hemophilia A gene therapy co-development agreement.

Sangamo added that it has now regained the rights to the therapy's development and would explore all options to advance the program, including seeking a potential new collaboration partner.