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EPA:STLA 6 February 2026

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

  • Thor Industries Stock Analysis: Valuation and Recent Price Decline
    May 3, 2026, 2:51 PM EDT. Thor Industries (THO) trades at $78.18 after a 30.81% decline over three months, despite a 6.49% one-year total return. The recreational vehicle (RV) maker's price-to-earnings (P/E) ratio stands at 13.7x, below its estimated fair P/E of 18.5x and well under peer and industry averages, suggesting undervaluation. Its discounted cash flow (DCF) model values the stock at $131.64, indicating a 41% discount to current price. However, the recent price drop and reliance on discretionary RV spending highlight potential risks if demand or earnings falter. Investors face a choice between low current valuation and uncertain near-term momentum in the RV sector.

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TSMC’s Longtan Comeback: Taiwan Semiconductor’s Next AI Chip Bet Faces a Land Test

TSMC’s Longtan Comeback: Taiwan Semiconductor’s Next AI Chip Bet Faces a Land Test

3 May 2026
A suspended Longtan Science Park expansion in Taiwan has been revived, potentially allowing TSMC to build next-generation chip plants, Economic Daily News reported. The proposed 104-hectare site could attract up to NT$600 billion in investment but faces land, approval, and environmental challenges. TSMC’s first-quarter net income rose 58.3% to NT$572.48 billion amid strong AI chip demand. A public hearing was held for the project in April.
Gas Prices Hit $4.45, Pushing Electric Cars Back Into the Budget Fight

Gas Prices Hit $4.45, Pushing Electric Cars Back Into the Budget Fight

3 May 2026
U.S. average gasoline prices climbed to $4.446 a gallon Sunday, up 35 cents in a week and $1.275 from a year ago, according to AAA. EV sales fell 27% in the first quarter, but Cox Automotive reported a jump in shopper interest as fuel costs surged. In Delta, Ohio, gas briefly dropped to $2.63 before spiking to $4.79. The average new EV price in March was $54,508, with discounts nearing $8,000, Kelley Blue Book said.
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