STLA News & Events

The major averages closed broadly higher, extending the strength of the last day of March into the start of April. Markets are staging a sharp relief rally as the dominant narrative is de-escalation. Comments suggesting a potential wind-down of U.S. military activity in Iran have triggered a broad risk-on move across equities, bonds and currencies. Of note, President Trump said in a social media post that Iran's president has requested a ceasefire, though Trump noted the U.S. will consider the offer when the Strait of Hormuz is "open, free, and clear."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nikereportedbut guided for a decline in Q3 revenueRHreportedand revenue and provided FY26 and FY27 revenue growth guidanceIntelwillin its Ireland Fab joint venture with Apollo GlobalAn Iranian strike damaged an Amazoncloud computing operation in Bahrain a day after Iran's Revolutionary Guards threatened to target U.S. companies operating in the Middle East, including Microsoft, Apple, Google, Meta, and others,General Motorsreported aand Stellantis'FCA reported a 4% increase while Toyotareported an 8.5% decline in March sales in the U.S.2. WALL STREET CALLS:JPMorgan, BofA and Goldman SachsNike after fiscal Q3 reportDisneyto Outperform at Raymond JamesRaymond James alsoUnitedHealthto OutperformDA DavidsonRivianto Neutral on valuation post selloffPPGto Neutral at Citi on raw material costs3. AROUND THE WEB:Stellantisis in talks to build electric vehicles in Canada with a Chinese partner, Bloomberg saysRelated Digital is finalizing $16B in financing for an Oracledata center in Michigan to support OpenAI workloads, Bloomberg reportsAppleis testing letting Siri process multiple requests in a single query in iOS 27, Bloomberg saysTesla'sQ1 deliveries are expected to be lower than December's quarter due to uneven demand and intensifying competition in key markets, Reuters reportsShellis in advanced discussions with Venezuela's government to develop four areas near Trinidad and Tobago, in two areas that are the country's largest offshore natural gas fields, Reuters says4. MOVERS:Target Hospitalityincreased after securing an overDave & Buster'sgained afterand providing guidance for FY26Eli Lillyrose after the FDA approved itsOric Pharmaceuticalswas lower after announcing aGevofell after appointing Kyle James asand Dave Kettner as General Counsel5. EARNINGS/GUIDANCE:Conagra Brandsreportedand narrowed its FY26 earnings outlookPVH, with CEO Stefan Larsson commenting, "We delivered a strong fourth quarter and finish to the year, driven by the strength of our two iconic global brands"Lamb Westonand narrowed its guidance for FY26FitLife, with EPS lower year-over-yearUniFirst, with EPS missing consensusINDEXES:The Dow rose 224.23, or 0.48%, to 46,565.74, the Nasdaq gained 250.32, or 1.16%, to 21,840.95, and the S&P 500 advanced 46.80, or 0.72%, to 6,575.32.

Stellantis is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology Co., people familiar with the matter told Bloomberg's Brian Platt and Gabrielle Coppola. The talks are in an early stage, said the sources. Should both companies proceed, it would be the first significant Chinese auto investment in Canada since Prime Minister Mark Carney struck a deal with President Xi Jinping in January to lower tariffs on Chinese-made electric vehicles, the authors note.

Stellantis is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology Co., people familiar with the matter told Bloomberg's Brian Platt and Gabrielle Coppola. The talks are in an early stage, said the sources.

Stellantis' FCA US LLC reported total first-quarter U.S. sales increased 4% versus the same period in 2025. Overall, the company sold 305,902 vehicles in the quarter. "We continue to build strong momentum with 4% year-over-year growth, improving market share in an industry that is forecasted to be down approximately 6% based on early reports," said Jeff Kommor, head of U.S. retail sales. "There have been plenty of challenges facing the industry this quarter, but these results are proof that we are effectively activating our business reset. They also reflect the confidence we have in our product lineup and dealer network. As more new vehicles reach showrooms, we're offering customers the right blend of capability, design and powertrain choice to keep our brands competitive and growing." The company reported: Ram total sales increase 20% year over year; Jeep total sales up 3% compared to Q1 2025; Dodge total sales up 4% year over year; Chrysler Pacifica total sales increase nearly 84% month over month in March, second consecutive month of growth.