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Jony Ive Designed Ferrari Luce Debuts With A $640,000 Price Tag And Interiors That Drift Apart From Tesla's Screen-Heavy Approach
Benzinga76d agoneutral
Jony Ive Designed Ferrari Luce Debuts With A $640,000 Price Tag And Interiors That Drift Apart From Tesla's Screen-Heavy Approach

Ferrari N.V. (NYSE:RACE) unveiled its first fully electric car Monday, presenting the four-door Luce, designed in collaboration with former Apple Inc. (NASDAQ:AAPL) design chief Jony Ive and his collective LoveFrom, as a high-stakes bet that wealthy buyers will embrace a battery-powered Ferrari even as rivals such as Volkswagen AG’s (OTC:VWAGY) Porsche and Lamborghini slow some EV plans because of softer demand. Ferrari Bets On Electric Luxury The Luce, Italian for "light," is Ferrari's first fi

Bloomberg76d agobearish
Ferrari Rolls Out Five-Seat Fully Electric Car in Brand First

(Bloomberg) -- Ferrari NV unveiled its first fully electric car, a five-seat model priced at €550,000 ($640,000) that marks a sharp break from the sports-car maker’s fuel-burning heritage.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Urani

The $2 Trillion Underwriting Case: Inside Chamath’s Blockbuster SpaceX Math
24/7 Wall St.76d agoneutral
The $2 Trillion Underwriting Case: Inside Chamath’s Blockbuster SpaceX Math

During a highly anticipated segment on the latest All-In Podcast, Chamath Palihapitiya laid out a detailed underwriting case to justify why SpaceX is worth a full two trillion dollars right now. He explained that a twenty-times sales multiple is actually a bargain when you properly measure it against the massive commercial markets that Starlink and ... The $2 Trillion Underwriting Case: Inside Chamath’s Blockbuster SpaceX Math

The One Thing Jim Cramer Demands From Tech-Only Investors Before He’ll Bless the Strategy
24/7 Wall St.76d agoneutral
The One Thing Jim Cramer Demands From Tech-Only Investors Before He’ll Bless the Strategy

Jim Cramer just refused to bless a portfolio built almost entirely on his own stock recommendations, and no question that the lesson is worth pausing on. On the May 22 episode of Mad Money, a caller named Jerry laid out a tech-saturated portfolio diversified across tech retail sales, software, semiconductors, data center, and advertising, noting ... The One Thing Jim Cramer Demands From Tech-Only Investors Before He’ll Bless the Strategy

SpaceX’s $2 Trillion Pitch: Is Elon Musk Quietly Building a Backup Internet for Civilization?
24/7 Wall St.76d agoneutral
SpaceX’s $2 Trillion Pitch: Is Elon Musk Quietly Building a Backup Internet for Civilization?

On a recent All-In Podcast episode dissecting SpaceX’s S-1 filing, guest investor Gavin Baker and the hosts framed Elon Musk’s privately held rocket and connectivity empire as something more ambitious than a high-growth tech company. David Friedberg argued that “having a space-based communication network, space-based data centers, and space-based communication back down to Earth wireless” ... SpaceX’s $2 Trillion Pitch: Is Elon Musk Quietly Building a Backup Internet for Civilization?

Italian Stocks Hit First Record in 26 Years Led by Energy, Chips
Bloomberg76d agoneutral
Italian Stocks Hit First Record in 26 Years Led by Energy, Chips

(Bloomberg) -- Italy’s benchmark equity index rose past its all-time closing high set in 2000, with a recent rally in energy and chip stocks supercharging it to record levels.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Uranium, Sanctions

This Week In Electric Vehicles - Liquid-Cooled Cables Propel Ultra-Fast Charging Growth
Simply Wall St.76d agoneutral
This Week In Electric Vehicles - Liquid-Cooled Cables Propel Ultra-Fast Charging Growth

The global market for liquid-cooled EV charging cables is experiencing significant growth due to the accelerating adoption of electric vehicles and the increasing demand for ultra-fast charging capabilities. With the pursuit of higher power outputs, advanced cable systems are being developed to handle the substantial electrical loads required for high-speed charging, enhancing efficiency, safety, and performance. The deployment of high-capacity charging infrastructure is crucial as newer...

‘He Knows the Flaws Because He Knows the Man’: Why Elon Musk’s OpenAI Attack Is Really About xAI
24/7 Wall St.77d agoneutral
‘He Knows the Flaws Because He Knows the Man’: Why Elon Musk’s OpenAI Attack Is Really About xAI

Rashaad Bilal of Earn Your Leisure distilled the Musk-versus-Altman saga down to one sharp line: “He knows the flaws because he knows the man.” That framing reorients how investors should read every legal filing, every X post, and every interview Elon Musk aims at OpenAI. The litigation is a competitive weapon. xAI is the business ... ‘He Knows the Flaws Because He Knows the Man’: Why Elon Musk’s OpenAI Attack Is Really About xAI

Elon Musk’s Bugs Bunny Moment: Will SpaceX IPO Tank Tesla Stock?
Barrons.com77d agoneutral
Elon Musk’s Bugs Bunny Moment: Will SpaceX IPO Tank Tesla Stock?

The episode aired in 1948, but the idea is strangely valid today, except that it’s Elon Musk squaring off with himself. SpaceX is on the cusp of its initial public offering, which will raise a record amount of money. SpaceX plans to offer a relatively large amount of its stock to smaller retail investors, the same ones who hold Tesla shares.

Did SpaceX’s $28.5 Trillion Bombshell Reveal Elon Musk’s Genius — or Peak Galaxy Brain?
24/7 Wall St.77d agoneutral
Did SpaceX’s $28.5 Trillion Bombshell Reveal Elon Musk’s Genius — or Peak Galaxy Brain?

The stock market has spent the past year rewarding companies tied to artificial intelligence, data centers, and energy infrastructure. Yet all of those themes may soon take a back seat to a single IPO. On June 12, SpaceX is expected to begin trading publicly in what many investors believe could become the largest IPO in ... Did SpaceX’s $28.5 Trillion Bombshell Reveal Elon Musk’s Genius — or Peak Galaxy Brain?

Did Tesla's SpaceX Stake And China FSD Rollout Just Reframe TSLA's AI And Autonomy Story?
Simply Wall St.78d agoneutral
Did Tesla's SpaceX Stake And China FSD Rollout Just Reframe TSLA's AI And Autonomy Story?

In recent days, Tesla’s previously disclosed US$2.00 billion investment in SpaceX, now nearly 19 million SpaceX shares, has drawn fresh attention as SpaceX’s IPO plans, deep commercial ties with Tesla, and Tesla’s long-awaited rollout of Full Self‑Driving (Supervised) in China reshape how investors view the company’s AI and autonomy ambitions. This combination of economic exposure to SpaceX and new FSD access in the world’s largest EV market gives Tesla shareholders a rare dual link to both...

Investing.com78d agoneutral
Ten things to know about humanoids

Investing.com -- Humanoid robots could become a market worth as much as $200 billion by 2035 as advances in artificial intelligence, robotics, and battery technology accelerate adoption across industries, according to a Barclays report.