RACE News and Press, Ferrari N.V. From 06/10/24

2024-06-10 10:26:26 ET Summary Global electric car sales in April 2024 up 25% YoY to 18% share. China sales up 27% to 44% share. Europe is up 11% to 20% share. USA is up 2.6% to 9.14%. EV market news - President Biden announces tariffs on Chinese EVs will increase from 25% to 100%...

2024-06-01 02:57:00 ET Back in early 2022, I started to accumulate shares of the luxury supercar maker Ferrari (NYSE: RACE) . At the time, I thought it was a safe place to park my cash as inflation, rising rates, and geopolitical conflicts rattled the markets. I now have an unre...

2024-05-31 13:38:32 ET Summary Nearly 90% of Ferrari's revenue comes from cars, but it also sells fashion, merchandise, and experiences. By 2026, it aims for 60% of vehicle sales to be hybrid or electric. Ferrari's 5-year average free cash flow growth is 23.20%, higher than LVMH's...

2024-05-23 09:21:40 ET Summary Porsche AG seemed ready to close the gap with Ferrari's stock. Yet, some challenges are making the stock plunge southward. In this article, we go over the latest financials and the main issues Porsche has to face. Why Porsche AG shares are ...

2024-05-22 15:19:41 ET More on auto stocks Toyota: A Profit-Growth Pause No Reason For Concern Honda Motor Co., Ltd. (HMC) Q4 2024 Earnings Call Transcript Ferrari's New Magical Growth Engine: A Mastery Lesson Served To The Market EU new car sales rise 14% in...

Maranello (Italy), 21 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) announces the settlement of the offering, previously announced, of Euro 500 million in aggregate principal amount of 3.625% notes due on 21 May 2030, with an issue price of 99.677% (the “Notes”). The net proc...

2024-05-18 07:00:00 ET More on auto stocks Tesla Is Selling More Than Cars With FSD Tesla: Challenges Remain Despite Improving Narrative General Motors: Lower Costs Lead To Higher EBITDA Forecast Tesla is reportedly considering data centers in China E...

2024-05-15 10:07:00 ET Ferrari (NYSE: RACE) just reported financial results for the first quarter. They were positive as revenue and adjusted diluted earnings per share rose 11% and 20%, respectively, compared to the year-ago period. But some investors might have been disappoi...

2024-05-13 15:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-05-13 07:03:45 ET More on Ferrari Ferrari's New Magical Growth Engine: A Mastery Lesson Served To The Market Ferrari: A Cautious Buy On This Luxury Powerhouse Ferrari: 98% Of Employees Chose To Be Shareholders, You Should Too Ferrari's disappointing ship...