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Stellantis rises after reporting 6.4% jump in US sales

Stellantis is up more than 3% in early trading after the Jeep maker posted upbeat Q3 US sales, ending a string of quarterly declines in the region.

Total US deliveries came in at 324,825 vehicles, up 6.4% from the year prior, driven by strong performances from Fiat (+2%), Jeep (+11%), and Chrysler (+45%).

Jeep, which makes up nearly half of StellantisUS volume, saw sharp gains across some key models, including Wrangler (+18%), Gladiator (+43%), and Wagoneer (+122%), with the latter hitting record monthly sales in August and September. The company also said Jeep held two of the five bestselling plug-in hybrids in the US in the first seven months of the year.

The results come on the heels of Mondays unexpected resignation of CFO Doug Ostermann after just a year, with tariffs and dented demand hurting the company. Shares are down about 21% in 2025, despite today’s early jump.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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