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Stellantis Bets Big on America with Record $13 Billion Investment

                                                     Stellantis Spends $13 Billion To Revive Jeep And Dodge In America Stellantis, the parent company of Jeep, Dodge, and Ram, has announced the largest U.S. investment in its 100-year history — a staggering $13 billion commitment to expand its American manufacturing footprint. The automaker plans to boost U.S. production by 50% over the next four years, launching five new vehicles and creating more than 5,000 jobs across plants in Michigan, Ohio, Illinois, and Indiana. The investment will also fund the reopening of the Belvidere, Illinois, assembly plant, the production of a new midsize Ram truck in Ohio, and the next-generation Dodge Durango in Detroit. CEO Antonio Filosa emphasized that the move strengthens Stellantis’ U.S. presence while responding to tariff pressures that hav...
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Wall Street Slightly Lower as Airlines Report Earnings Ahead of GDP Data


Wall Street leaned toward losses before the opening bell today as more earnings poured in while investors awaited the latest data on how the U.S. economy fared in the second quarter. Here are the key highlights:

  • S&P 500 Futures: Fell 0.2% before the bell.
  • Dow Jones Industrial Average Futures: Close to unchanged.
  • Nasdaq: Down 0.3%.

Airlines in Focus:

  • Southwest Airlines: Tumbled early after reporting a steep drop in second-quarter profit despite higher revenue. The airline also announced it was doing away with its 50-year-old practice of open seating, opting for assigned seats and premium seating options.
  • American Airlines: Also reported earnings, and Wall Street predicts a release of earnings per share.

Additionally, Ford Motor Co. fell more than 13% in premarket trading after reporting a second-quarter net income decline due to rising warranty and recall costs.

Stay tuned for the latest GDP report, which will provide insights into the overall economic performance in Q2. Investors are closely monitoring these developments as market volatility continues.


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