Stellantis rises after reporting 6.4% jump in US sales

Stellantis is up more than 3% in early trading after the Jeep maker posted upbeat Q3 US sales, ending a string of quarterly declines in the region.

Total US deliveries came in at 324,825 vehicles, up 6.4% from the year prior, driven by strong performances from Fiat (+2%), Jeep (+11%), and Chrysler (+45%).

Jeep, which makes up nearly half of Stellantis’ US volume, saw sharp gains across some key models, including Wrangler (+18%), Gladiator (+43%), and Wagoneer (+122%), with the latter hitting record monthly sales in August and September. The company also said Jeep held two of the five bestselling plug-in hybrids in the US in the first seven months of the year.

The results come on the heels of Monday’s unexpected resignation of CFO Doug Ostermann after just a year, with tariffs and dented demand hurting the company. Shares are down about 21% in 2025, despite today’s early jump.

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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

Revenue of $11.0 billion (estimate: $10.8 billion).
Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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