About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

New York, New York--(Newsfile Corp. - February 25, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Stellantis N.V. ("Stellantis N.V.") (NYSE: STLA) concerning potential violations of the federal securities laws.A review of the timeline highlights a sequence of signals that preceded the February 6 disclosure. On January 31, 2026, Wall Street Zen downgraded STLA to Sell. On February 3, Morgan Stanley followed with a downgrade to Equal-Weight, referencing an "investment ...

February 17, 2026 05:00 PM GMT metal&ROCK | Europe Lithium Overdone? A surge in ESS deployment has driven a material shift in lithium demand and prices since mid-2025. However, with prices tripling, weakening EV sales and more producers looking at supply responses, we think the move is likely overdone, with some downside from here (MSe $15k/t 2H26). Key Takeaways A material demand shift in ESS: The shift from the feed-in tariff model to market pricing in China's renewable power market in mid-2025 unlocked p ...

U.S. sales of all-electric vehicles dropped 30% year over year in January. ...

Core Viewpoint - Despite a significant $19.5 billion write-off related to electric vehicle (EV) challenges, Ford's stock continues to rise, indicating market resilience and potential investor confidence in the company's future strategies [1] Company Summary - Ford has incurred a substantial write-off of $19.5 billion due to mistakes in its EV strategy, highlighting the financial impact of its transition to electric vehicles [1] - The stock performance of Ford remains strong, suggesting that investors may be optimistic about the company's ability to recover and adapt in the evolving automotive market [1] Industry Summary - The electric vehicle market is facing challenges, as evidenced by Ford's financial write-off, which reflects broader industry struggles in transitioning to EVs [1] - Despite these challenges, the overall market sentiment towards Ford's stock indicates a potential turnaround in the EV sector, as investors may be looking for opportunities amidst the difficulties faced by traditional automakers [1]

Monetary Policy and Economic Outlook - The Reserve Bank of Australia (RBA) has shifted from a neutral stance to a hawkish position, raising the cash rate to 3.85% to combat widespread inflation, indicating that previous settings were "no longer sufficiently restrictive" [2][9] - The RBA noted that demand is outpacing aggregate supply, a condition expected to persist if the cash rate remained at 3.60% [2][3] - Inflation pressures are widespread, and the RBA expressed limited confidence in the future path of the cash rate while aiming to return inflation to target and preserve employment gains [3] U.S. Fiscal Situation - The Congressional Budget Office (CBO) projects that the U.S. national debt will approach $64 trillion by 2036, nearly doubling from 2023 levels, with annual deficits expected to average $2.4 trillion over the next decade [4][9] - The U.S. dollar's share of global foreign exchange reserves has fallen to its lowest level in approximately 25 years, indicating a decline in its dominance as a global reserve currency [5] Automotive Industry Dynamics - Chinese automakers have reached a significant milestone, capturing 10% of total passenger car sales in Europe, with over 15% of the electric vehicle (EV) and plug-in hybrid market [6][9] - This shift in the automotive market is prompting responses from European leaders, including increased defense spending in the UK, which may benefit major contractors like BAE Systems [7] Labor Market and AI Impact - The Federal Reserve Bank of St. Louis reports that 52% of recent college graduates are underemployed, with many working in roles that do not require a bachelor's degree, highlighting a labor market "squeeze" [5][9] - Entrepreneur Andrew Yang warns that millions of office jobs may "evaporate" within the next 12 to 24 months due to AI-driven automation, particularly affecting white-collar workers engaged in repetitive cognitive tasks [10]

Core Viewpoint - Stellantis N.V. is under investigation for potential violations of federal securities laws following a significant decline in stock value after a major announcement regarding its electric vehicle (EV) strategy and financial performance [1][4]. Group 1: Timeline of Events - On January 31, 2026, Wall Street Zen downgraded Stellantis to Sell, followed by Morgan Stanley's downgrade to Equal-Weight on February 3, citing an "investment lag" [2]. - A report on February 5 indicated Stellantis was seeking European cash to mitigate tariff-related challenges, suggesting cash-flow stress [2]. - The last earnings call was over 90 days old by the time of the February 6 announcement, with no interim updates addressing the deteriorating EV program assumptions that led to a $22 billion charge [2]. Group 2: February 6 Announcement - The February 6 announcement revealed that management had overestimated the pace of EV adoption, leading to a strategic reset that included suspending the 2026 dividend and reviewing the dividend policy [3]. - Following this announcement, shares of Stellantis fell approximately 28% in a single trading session, marking one of the worst trading days in the company's history [3]. Group 3: Investigation Focus - The investigation is centered on whether Stellantis' public communications between the Q3 2025 earnings call and the February 6 disclosure accurately reflected the company's internal understanding of the viability and valuation of its EV assets [4].

Core Insights - The Japanese carmaker reported significantly weaker nine-month results, impacted by U.S. tariffs and impairments related to electric vehicles [1] Financial Performance - The company's financial performance has been adversely affected by external factors, particularly U.S. tariffs, which have contributed to the decline in results [1] - Impairments associated with the transition to electric vehicles have also played a role in the weaker financial outcomes [1]

Core Insights - Stellantis experienced a historic decline, dropping over 25% in a single trading session, marking its worst performance since the 2021 merger of Fiat Chrysler and PSA Group [1] Company Performance - The significant drop in Stellantis's stock price indicates severe market reaction, reflecting investor concerns about the company's future prospects [1] - This decline is unprecedented for Stellantis, highlighting potential underlying issues within the company or the broader automotive industry [1] Industry Context - The automotive industry is facing various challenges, which may have contributed to Stellantis's stock performance, including supply chain disruptions and changing consumer preferences [1] - The merger of Fiat Chrysler and PSA Group aimed to create synergies and enhance competitiveness, but the current market reaction raises questions about the effectiveness of this strategy [1]

Core Viewpoint - Stellantis announced a $26.5 billion charge due to a reduction in electric vehicle (EV) production, reflecting a misjudgment of consumer demand for EVs, which is larger than similar charges taken by Ford and General Motors [1][6]. Group 1: Company Strategy and Leadership Changes - Stellantis had ambitious EV goals under former CEO Carlos Tavares, aiming for EVs to constitute 100% of European sales and 50% of U.S. sales by 2030, but he was ousted in 2024 after a significant drop in U.S. sales [2]. - The new CEO, Antonio Filosa, acknowledged that previous assumptions about EV demand were "over optimistic" and emphasized a strategic reset to focus on customer preferences globally and regionally [5]. Group 2: Financial Impact and Market Response - The $26.5 billion charge includes costs related to quality issues and a reduction in the EV supply chain, as well as adjustments to warranty provisions due to poor product quality and job cuts in Europe [6][7]. - Following the announcement, Stellantis shares fell over 22% in New York and more than 23% in Milan, indicating a negative market reaction to the news [10][11]. Group 3: Industry Context and Future Projections - Fully electric vehicles accounted for 19.5% of European sales and only 7.7% of new U.S. car sales last year, highlighting the challenges faced by automakers in transitioning to EVs [5]. - Stellantis forecasts a mid-single-digit increase in net revenue for 2026 and a low-single-digit adjusted operating income margin, with expectations of positive industrial free cash flows by 2027 [11].