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This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. If you're looking for a book for the long weekend, JPMorgan has some ideas. Stock futures are higher before the bell. All three major indexes posted a winning day yesterday and are on track for a positive week. Here are five key things investors need to know to start the trading day:
1. Deals, demand and a delay
The logos of Google Gemini, ChatGPT, Microsoft Copilot, Claude by Anthropic, Perplexity, and Bing apps are displayed on the screen of a smartphone in Reno, United States, on November 21, 2024. Jaque Silva | Nurphoto | Getty Images
2. Pedal to the metal
2027 Ram 1500 Rumble Bee 392 Courtesy: Ram Trucks
Stellantis unveiled a new five-year plan yesterday that involves nearly $70 billion in investment. The carmaker is aiming to have positive free cash flow by next year. As CNBC's Michael Wayland reports, the Jeep parent expects to introduce more than 60 new vehicles and update 50 models under the plan, which it dubbed "FaSTLAne 2030." That list of new releases includes crossovers under the Chrysler brand, which currently only produces minivans. Stellantis is targeting 35% sales growth in North America by 2030, driven by 60% growth in Chrysler and Ram Trucks. Speaking at a press conference following the company's investor day, CEO Antonio Filosa also said he sees potential to bring Chinese-branded cars to Mexico and Canada — but not the U.S.
3. Pre-vacation jitters
Acting Attorney General Todd Blanche arrives at the U.S Capitol on May 21, 2026 in Washington, DC. Win Mcnamee | Getty Images
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