Today: 23 May 2026
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EPA:STLA 6 February 2026 - 21 May 2026

Stellantis Launches $70 Billion Overhaul With Focus on Jeep, Ram, China

Stellantis Launches $70 Billion Overhaul With Focus on Jeep, Ram, China

Stellantis announced a €60 billion, five-year plan Thursday, focusing investment on Jeep, Ram, Peugeot, Fiat, and its commercial vehicles. Shares dropped over 5% in early European trading after the announcement. The company aims to launch over 60 new vehicles by 2030 and cut development cycles to 24 months. CEO Antonio Filosa is targeting 25% North American revenue growth and €6 billion in annual cost reductions.
Stellantis stock dives on €22.2 billion EV reset as dividend gets pulled — what STLA investors watch next

Stellantis stock dives on €22.2 billion EV reset as dividend gets pulled — what STLA investors watch next

Stellantis shares fell as much as 24% in Milan after the company announced €22.2 billion in charges tied to scaling back its electric vehicle plans. The automaker warned of a €19–€21 billion net loss for the second half and said it will skip its 2026 dividend. Trading was briefly halted after the drop. A management call is set for later Friday, with full-year results due Feb. 26.

Stock Market Today

  • Warren Buffett's $40 Berkshire Shares in 1973 Crash Now Worth $700,000
    May 23, 2026, 3:31 PM EDT. Berkshire Hathaway holds $380 billion in cash and short-term investments and $1.004 trillion in total investments, with just $144 billion in debt. This positions the company to exploit forced-seller opportunities arising from market sell-offs. Warren Buffett's purchase of Rick Guerin's distressed Berkshire shares at $40 during the 1973-74 bear market exemplifies this strategy; those shares are now worth about $700,000 each. The company's disciplined avoidance of leverage and patient crisis-driven buying contrasts with typical market behavior and supports long-term wealth accumulation. Buffett emphasizes wealth-building without leverage, highlighting patience and prudence over rushed decisions amid market turmoil.

Latest articles

SEALSQ Stock Jumped Before the Holiday Break. The Real Test Comes Tuesday

SEALSQ Stock Jumped Before the Holiday Break. The Real Test Comes Tuesday

23 May 2026
SEALSQ shares rose 3.4% to $3.38 Friday, capping a 17.8% weekly gain, with volume hitting 31.1 million shares before the Memorial Day break. After-hours trading saw the stock dip to $3.32. Earlier in the week, SEALSQ announced the integration of IC’Alps into its semiconductor platform and a new robotics and AI security roadmap. First-quarter revenue rose over 200% year-on-year to $4.1 million.
First Solar Shares Up Ahead of Memorial Day, With Investors Watching Policy

First Solar Shares Up Ahead of Memorial Day, With Investors Watching Policy

23 May 2026
First Solar Inc. shares closed at $257.85 Friday, up 3.6% on the day and 10.5% for the week, outperforming peers ahead of the Memorial Day market holiday. The stock gained after strong quarterly results, a new India partnership, and reports that U.S. tariffs are boosting domestic solar panel demand. First Solar reported a $347 million first-quarter profit and 47.9 GW contracted backlog through 2030.
Altria Shares Hold Near 52-Week High as Market Watches Holiday Break

Altria Shares Hold Near 52-Week High as Market Watches Holiday Break

23 May 2026
Altria closed Friday at $73.90, up 0.3%, near its May 1 high, after its smokeless-tobacco unit announced plans to shift production from Nashville to Kentucky by early 2028. U.S. stock markets are closed until Tuesday for Memorial Day. Altria’s quarterly dividend remains $1.06 per share, with a new CEO in place. Trading volume Friday was about 4.5 million shares.
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