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↘️ Ferrari (IT:RACE), (RACE): Europe’s most valuable automaker unveiled its first-ever electric vehicle Sunday, priced at $640,000 and designed in partnership with Apple alumnus Jony Ive. The company’s Milan-listed shares slumped.
Centerview’s Matthieu Pigasse, an investment banker from Paris, is helping Caracas restructure around $150 billion in debt.
Europe’s most valuable automaker took the wraps off its first-ever model without an internal combustion engine Sunday. Designed in partnership with celebrated Apple alumnus Jony Ive, the Ferrari Luce is big on glass, light and space.
Shipments of foreign-branded mobile phones in China for April, including Apple's iPhones, were up 1.8% from the same month last year, Reuters calculations based on data released by a government-affiliated research firm on Tuesday showed. The data from the China Academy of Information and Communications Technology showed shipments of foreign-branded phones within China were at 3.59 million units in April. Overall phone shipments in China last month were up 2.8% year-on-year to 25.73 million units, according to the data.
Ferrari has unveiled its first fully electric car, with a design from former top Apple designer Sir Jony Ive that it describes as “polarising...
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
<body><p>STORY: :: Ferrari</p><p>Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker.</p><p>Dubbed the Luce, it has a range of over 300 miles and features four electric motors, which help deliver more than 1,000 horsepower and a top speed close to 200 miles per hour. </p><p>Priced at $640,000, Ferrari aims to appeal to families with deep pockets, offering them comfortable seats, high-end tech and a big trunk. </p><p>The four-door Luce, Italian for 'light', is Ferrari's first five-seater and was developed with the help of former Apple design chief Jony Ive and his collective LoveFrom.</p><p>The Luce marks a gamble that a generation steeped in technology and AI, and less attached to the brand's trademark 12- and 8-cylinder engine legacy, will shift to high-tech luxury EVs.</p><p>The move comes as competitors including Porsche and Lamborghini scale back their EV ambitions, citing weak demand.</p><p>Ferrari also hopes the Luce will help it expand in markets like China, where EVs are already widespread and big petrol cars are heavily taxed.</p></body>
Investors questioned the luxury automaker’s shift away from its traditional sports-car identity.
Nvidia's dividend is going up by 2,400%.
IMAX Corporation (IMAX) shareholders had the kind of Friday that rewrites a year. Shares of the premium cinema technology company jumped about 15% on May 22, closing at $39.12, after The Wall Street Journal reported the company is exploring a sale and has approached entertainment companies as ...
By Giulio Piovaccari ROME, May 25 (Reuters) - Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and
(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
Apple is cutting prices in China ahead of the 618 shopping holiday and Wedbush says that could help its market share.
The host of Retire SMART Podcast opened Episode 416 with a number that should stop every income-focused retiree in their tracks. The S&P 500’s dividend yield has fallen to roughly 1.1%, an all-time low going back to the 1800s. His framing was blunt: “The dividend usually fluctuates between 2 and change, and sometimes up to ... S&P 500 Dividends Just Hit an All-Time Low Going Back to the 1800s — Here’s What Retirees Need to Know
Meta has urged Labour to enforce age verification checks directly on iPhone and Android smartphones amid a possible UK ban on child users.
If you bought JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) for the monthly checks, you probably think you own a Nasdaq-100 portfolio with a covered-call overlay. That is mostly true. The part that gets less airtime is that JEPQ’s option exposure runs through equity-linked notes, which are unsecured debt of the banks that issue them. ... JEPQ’s Distribution Looks Like Income Until You See the ELN Counterparty Risk Behind It
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
The NEOS Nasdaq-100 High Income ETF (NASDAQ:QQQI) paid out $0.6589 per share on May 22, 2026, the latest in a steady run of monthly checks that produce a headline distribution rate near 14%. That number dominates marketing decks and YouTube thumbnails. What QQQI investors mostly do not see is that a recent monthly payout was ... QQQI’s 14 Percent Yield Was 98 Percent Return of Capital in a Recent Distribution, And That’s the Real Story
(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
Q2 was excellent, but at today's valuation a new buyer needs a great deal to go right.
The Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is built for capital appreciation, with dividends an afterthought. With a 0.05% expense ratio and a portfolio engineered for capital appreciation, MGK pays a yield so thin it barely registers next to a money market fund. But MGK still distributes cash every quarter, and that cash comes from ... Why Apple and Microsoft’s Capex Wars Will Make or Break Your MGK Income This Year
PlayStation is not integrating XRP, and there is no partnership between Sony and Ripple in any corporate filing, press release, or regulatory disclosure reviewed for this article. The claim, which has circulated with renewed intensity across crypto social media, centers on the term ‘North Star,’ which Ripple CEO Brad Garlinghouse ...
By Giulio Piovaccari ROME, May 25 (Reuters) - As its sports car rivals tap the brakes on a shift to EVs, Ferrari will take a leap into an uncertain era on Monday with the launch of its first fully-
One tech giant delivers record-setting sales surges, while the other posts unwavering growth. Recent earnings reveal how each strategy plays out over time.
Jim Cramer’s blunt line to a young first-time homebuyer on the May 22 episode of Mad Money: “Expect corrections and don’t rely on hope as an investing strategy.” The caller, a younger investor, had just used a significant portion of his investment assets as a down payment on his first home and asked how to ... ‘Expect Corrections and Don’t Rely on Hope’: Cramer’s Reality Check for a First-Time Homebuyer
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