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At close: November 29 at 11:56 AM GMT+1

The crypto investors who could land inside Trump's White House

Donald Trump is pledging to be a pro-crypto president, and the new administration’s affinity for digital assets likely won’t stop with the commander in chief.

Yahoo Finance 6 hours ago

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Stellantis CEO Carlos Tavares resigns as carmaker continues to struggle with slumping sales

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales. The world's fourth-largest carmaker announced that its board accepted Tavares' resignation on Sunday. He will leave his role as chief executive immediately.

Associated Press Finance 37 minutes ago

STLAM.MI
Stellantis CEO Carlos Tavares resigns as the Jeep and Ram maker continues to struggle with waning sales

Stellantis CEO Carlos Tavares resigns as the Jeep and Ram maker continues to struggle with waning sales.

Associated Press Finance 40 minutes ago

STLAM.MI
Stellantis CEO Carlos Tavares resigns

MILAN (Reuters) -Stellantis Chief Executive Carlos Tavares has resigned, the maker of Jeep, Fiat and Puegeot cars said on Sunday, adding it aimed to find a new head in the first half of this year. Previously regarded as one of the most respected executives in the auto industry, Tavares came under strong criticism earlier this year after Stellantis issued a profit warning on its 2024 results, including a forecast for a cash burn of up to 10 billion euros, mostly blaming slow sales and bloating inventories in its key North American market. "The Company's Board of Directors, under the Chairmanship of John Elkann, accepted Carlos Tavares' resignation today from his role as Chief Executive Officer with immediate effect," Stellantis said in a statement.

Reuters 1 hour ago

STLAM.MI
Mark Cuban admits he’s down on Shark Tank deals after investing $20M into 85 startups — 3 simple lessons for 2025

Cuban could recover from his loss, but the average investor should be a little more cautious.

Moneywise 7 hours ago

NKE

NOBL
Prediction: This Artificial Intelligence (AI) Chip Stock Is Going to Skyrocket After Dec. 3

The market for artificial intelligence (AI) chips has been dominated by Nvidia, which explains why the semiconductor giant recently delivered another stellar set of results for the third quarter of fiscal 2025 (which ended on Oct. 27). One reason why that may be the case is because of Nvidia's expensive valuation and worries that the company's growth trajectory is slowing down. The margin pressure that's going to be created by the quick production ramp-up of Nvidia's new generation of AI chips is probably another reason why the stock has been on shaky ground despite its impressive report.

Motley Fool 8 hours ago

NVDA

MRVL
What To Expect in the Markets This Week

Coming up: November employment report, manufacturing and services PMIs, Fed representatives speaking, Salesforce, Marvell Technology earnings

Investopedia 10 hours ago

MRVL
NIO Inc. Provides November 2024 Delivery Update

20,575 vehicles were delivered in November 2024, increasing by 28.9% year-over-year190,832 vehicles were delivered year-to-date in 2024, increasing by 34.4% year-over-year Cumulative deliveries reached 640,426 as of November 30, 2024 SHANGHAI, Dec. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its November 2024 delivery results. The Company delivered 20

GlobeNewswire 13 hours ago

NIO

NIOIF
AP Top Extended Financial Headlines at 3:31 p.m. EST

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales

Associated Press Finance 15 hours ago

STLAM.MI
AP Top Financial News at 3:31 p.m. EST

Stellantis CEO Carlos Tavares resigns as carmaker continues to struggle with slumping sales

Associated Press Finance 15 hours ago

STLAM.MI
Okta price target lowered to $85 from $105 at JPMorgan

JPMorgan lowered the firm’s price target on Okta (OKTA) to $85 from $105 and keeps a Neutral rating on the shares as part of an earnings preview. The firm says growth deceleration into single digit territory remains a concern as macro factors continue to weigh on the company’s results. JPMorgan expects Okta will give a first look into fiscal 2026 growth expectations this quarter, and it sees risk the guidance could reflect single digit growth next year, below current consensus levels. JPMorgan r

TipRanks yesterday

OKTA
Biden admin debates on additional China chip curbs, Bloomberg says

The Biden administration is debating on additional curbs on the sales of semiconductor equipment and AI memory chips to China that would escalate the U.S. crackdown on Beijing’s technology ambitions but would stop short on some of the stricter measures previously considered, Mackenzie Hawkins of Bloomberg reports, citing people familiar with the matter. The restrictions could be revealed as soon as next week and follow months of deliberations by U.S. officials, negotiations with allies in Japan

TipRanks yesterday

MU

QCOM

AMD
Stellantis reduces car output in Italy due to waning EV sales, Bloomberg says

Stellantis (STLA) is reducing its output in Italy starting next week, citing waning EV sales in Europe and poor demand for luxury cars in the U.S. and China, Alberto Brambilla of Bloomberg reports. The automaker plans to suspend production at its Mirafiori site in Turin from December 2 until January 5. The half will affect the battery-powered Fiat 500 as well as Maserati’s GranTurismo and GranCabrio models. Published first on TheFly – the ultimate source for real-time, market-moving breaking fin

TipRanks yesterday

STLA
What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?

Let's talk about the popular Okta, Inc. ( NASDAQ:OKTA ). The company's shares received a lot of attention from a...

Simply Wall St. 2 days ago

OKTA
NIO Inc. (NIO): A Bear Case Theory

We came across a bearish thesis on NIO Inc. (NIO) on Substack by The Wolf of Harcourt Street. In this article, we will summarize the bears’ thesis on NIO. NIO Inc. (NIO)’s share was trading at $4.38 as of Nov 27th. NIO (NIO) reported strong third-quarter 2024 earnings, with vehicle deliveries reaching a record 61,855 units, marking […]

Insider Monkey 2 days ago

NIO
GM, Other US Automakers Face Sharp Profit Squeeze From Trump Tariffs, Analysts Warn

The U.S. auto industry may be staring down a massive profitability crunch as President-elect Donald Trump's proposed 25% tariffs on vehicle imports from Mexico and Canada threaten to squeeze margins by nearly one-fifth, according to S&P Global Ratings. Michigan-based automakers like General Motors Company (NYSE:GM), Stellantis N.V. (NYSE:STLA), and Ford Motor Co. (NYSE:F) could lose up to 17% of their combined annual EBITDA – a financial acronym that stands for earnings before interest, taxes, d

Benzinga 2 days ago

STLAM.MI

GM

F
Top Midday Stories: Meta to Face Trial in 2025; Citigroup Closer to Banamex Spinoff; EC Closes Fiat, Amazon, Starbucks Tax Rulings Probes

The Nasdaq Composite, S&P 500, and Dow Jones Industrial Average were trending higher in late-morning

PREMIUM
MT Newswires 2 days ago

STLAM.MI

C

SBUX
Stocks to watch next week: Salesforce, Lululemon, Frasers Group, Berkeley and Foot Locker

Earnings preview of key companies reporting next week and what to look out for

Yahoo Finance UK 2 days ago

FL

^IXIC

WOSGF
Stellantis FS appoints Raphaële Carreau as Head of Insurance

Carreau to lead expansion of insurance services as Stellantis Financial Services strengthens Its European operations

Motor Finance 2 days ago

STLAM.MI
Chip stocks rise on reports that Trump tariffs could be less severe

Semiconductor stocks (^SOX) are trading higher after Bloomberg reported that President-elect Donald Trump's chip tariff policies could be less strict than expected. Brian Sozzi and Julie Hyman break down what investors need to know on Catalysts. ASML Holding (ASML), Marvell Technology (MRVL), Applied Materials (AMAT), Taiwan Semiconductor Manufacturing Company (TSM), Nvidia (NVDA), and Qualcomm (QCOM) are among the chip sector gainers. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

Yahoo Finance Video 2 days ago

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Stellantis CEO Carlos Tavares resigns as carmaker continues to struggle with slumping sales

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Stellantis reduces car output in Italy due to waning EV sales, Bloomberg says

What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?

NIO Inc. (NIO): A Bear Case Theory

GM, Other US Automakers Face Sharp Profit Squeeze From Trump Tariffs, Analysts Warn

Top Midday Stories: Meta to Face Trial in 2025; Citigroup Closer to Banamex Spinoff; EC Closes Fiat, Amazon, Starbucks Tax Rulings Probes

Stocks to watch next week: Salesforce, Lululemon, Frasers Group, Berkeley and Foot Locker

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