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StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Stellantis (STLA) Italy joins 'grEEn-campus' program
July 3, 2023 11:20 AM EDTOn Monday, Stellantis (NYSE: STLA) made an announcement stating that its Mirafiori facility in Turin, Italy, has chosen to participate in the 'grEEn-campus' initiative. This workplace transformation program is dedicated to enhancing automotive design, research and development, and central operations by embracing inventive, eco-friendly, and cooperative designs.
With each new grEEn-campus, we are rethinking our iconic... More
Stellantis (STLA) on 'aggressive path', signs battery material supply deal with Kuniko
June 30, 2023 10:44 AM EDTStellantis (NYSE: STLA) and Australia-listed Kuniko revealed Friday that the two companies have signed an offtake and equity investment agreement with the aim to give Stellantis a stable supply of key materials for vehicle batteries. According to the terms of the agreement, Stellantis... More
Deutsche Bank expects continued strength in June auto sales
June 30, 2023 9:20 AM EDTThe auto industry is gearing up to announce their sales figures for June, and according to Deutsche Bank, there is an anticipation of the US light vehicle SAAR reaching approximately 15.5 million units. This would mark an increase from May's 15.1 million units, mainly attributed to more favorable seasonal factors. Moreover, the projected figure for June 2023 is notably higher than June 2022, which stood at 13.2 million units.
Analyst, Emmanuel Rosner wrote in a note, We expect June US light vehicle SAAR to come in around 15.5m units, up from 15.1m in May... More
