Ferrari N.V. (RACE)
Ferrari's chairman is bullish on AI. He's less certain how businesses will cash in
Ferrari chairman John Elkann has rejected concerns about an AI bubble, telling CNBC that a market correction will not derail the technology's long-term progress. He acknowledged risks stemming from a mismatch between soaring AI infrastructure investment and uncertainty over business revenues.
OPLN or RACE: Which Is the Better Value Stock Right Now?
Investors interested in Automotive - Original Equipment stocks are likely familiar with OPENLANE (OPLN) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
A Florida Billionaire Pays $40 Million for Ferrari EV Everyone Mocked
Philanthropist Herbert Wertheim paid a record price at auction for a Ferrari Luce sports car in the name of charity.
Ferrari's first electric car just fetched $40M at auction after getting roasted for being a massive fail
The Luce, Ferrari's first fully electric car, was developed with LoveFrom, the design firm founded by ex-Apple design chief Jony Ive and Marc Newson.
Ferrari's first EV sells for staggering $40M at Monterey auction
Ferrari's first production electric car fetched $40 million at auction, with proceeds benefiting educational initiatives through the Ferrari Foundation.
The Best Car CEO: Elon Musk Loses by 7x to Someone You've Probably Never Heard of
Elon Musk runs the most talked-about car company on earth. On the metrics that actually describe a car business, Benedetto Vigna runs a significantly better one, by a margin of at least 7-to-1.
Ferrari gets Jefferies backing as classic car auction prices surge
Ferrari (NYSE:RACE) NV has retained a Buy rating from Jefferies after strong results at the Monterey classic car auctions reinforced the broker's bullish view on the luxury carmaker. Jefferies maintained a €400 price target on the Milan-listed shares, implying around 12% upside from €356.80, while its US-listed target remained US$435 against a share price of US$414.85.
Ferrari's bespoke Luce EV one-off fetches $40 million at charity auction
Ferrari has sold at auction a one-off, bespoke version of the Luce, its first fully electric vehicle, for $40 million, the Italian luxury sports car maker said, adding that the money will be used for education projects to help young people.
Ferrari's first electric car sells for $40 million at auction
Ferrari (NYSE:RACE)'s (Ferrari (NYSE:RACE) first all-electric car has sold for $40 million at a charity auction, setting a record for the highest price paid for a new car at auction. The customised, tailor-made Ferrari (NYSE:RACE) Luce was sold during Monterey Car Week by RM Sotheby's, with proceeds going to future educational initiatives.
Ferrari Luce: Polarizing EV debut becomes a $40 million collector's item
A bespoke model of Ferrari's first fully electric vehicle sold for $40 million in a charity sale, setting a record for a new car sold at auction. The auction comes nearly two months after the unveiling of Ferrari's first fully electric car, which sparked a negative market reaction.
Is Ferrari a Buy After Its Latest Earnings Report?
This, despite revenue and profitability growth that was lofty for the auto industry. The high-end auto maker also raised its annual guidance.
Ferrari Q2 Earnings Call Highlights
Ferrari NYSE: RACE reported higher second-quarter revenue, profitability and industrial free cash flow, supported by a richer vehicle mix, stronger personalization activity and increased racing-related revenue. The company also said demand remained healthy across regions, with its order book covering the full 2027 calendar year.
