Stellantis falls, kicking the week off with a trifecta of bad news

Jeep maker Stellantis opened Monday up with a trio of unwelcome news items that sent its shares lower in early morning trading. The stock was down by as much as 5% premarket and opened down more than 3%.

The automaker was downgraded from “buy” to neutral by Bank of America, with the firm forecasting sales to come in down 15% for the first half. BofA slashed Stellantis’ price target by more than a third to $11.74.

Stellantis is also being dinged by a report that its Italian production plunged 27% in the first half of 2025, down even lower than last year, which was a nearly 70-year low. Additionally: a report that Stellantis is facing an NHTSA probe, covering more than a million Ram trucks, over transmission issues that could cause the vehicles to roll away.

More Markets

See all Markets

Tasha Matsumoto

24h

Stocks climb higher as investors shake off hawkish Fed commentary

The S&P 500 and Nasdaq 100 continued their streak of monthly wins.

MADRID, SPAIN - JUNE 18: Actor Sacha Baron Cohen (C) attends "Bruno" photocall at Plaza de Toros de Las Ventas on June 18, 2009 in Madrid, Spain.

Western Digital Stock Rallies as Wall Street Raises Estimates

Western Digital rallies as Wall Street sees more gains ahead

Analysts responded to yesterday’s Western Digital earnings by rapidly ramping up price targets.

Matt Phillips10/31/25

Luke Kawa

10/31/25

December rate cut odds creep lower with Federal Reserve hawks out in full force

A cacophony of hawkish commentary.

Federal Reserve To Make Highly Anticipated Interest Rate Announcement This Week

J. Edward Moreno10/31/25

Gene-editing stocks rally on Bloomberg report that FDA plans to fast-track approval process

Shares of biotechs working with gene-editing treatments rose after the industry’s top regulator told Bloomberg News that the Food and Drug Administration plans to publish a paper in early November outlining the agency’s new, faster approach to approving those treatments.

FDA Clears Way for Faster Personalized Gene Editing Treatments

Jon Keegan

10/31/25

Amazon pulled off its monster quarter despite being left out of OpenAI’s tangle of deals

Amazon’s AWS revenue grew 20% year on year, and will hit $125 billion in capex for the year. CEO Andy Jassy said the 14,000 jobs cut weren’t about money, but about “culture.”

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.