Ferrari

Luxury carmaker Ferrari is stepping on the gas when it comes to cryptocurrency, announcing plans to extend its crypto payment scheme to European dealerships by the end of July. What Happened: The Italian automaker is catering to its tech-savvy clientele by offering Bitcoin (CRYPTO: BTC), Ethereum (...

The electric vehicle (EV) market has been a hotbed of investor activity, with Tesla Inc (NASDAQ:TSLA) being a prime focus. However, a prominent fund manager has advised against investing in EV stocks and suggested alternative options. What Happened: Freddie Lait, the Chief Investment Officer at...

Dogecoin (CRYPTO: DOGE) saw its value increase by approximately 4%, hitting $0.090 after reports said that luxury sports car maker Ferrari might begin accepting the cryptocurrency as a form of payment. What Happened: According to data analytics provided by LunarCrush Pro, the social buzz around...

Editor’s note: A previous version of this story mistakenly stated that RYCEY was the stock ticker for Rolls-Royce Motor Cars Ltd. However, it is actually the stock ticker for Rolls-Royce Holdings plc, a separate entity from Rolls-Royce Motor Cars Ltd, which is a wholly-owned subsidiary of BMW...

Warren Buffett‘s faith in Ferrari (NYSE:RACE) seems to be paying off, with the luxury carmaker’s market value approaching $100 billion. What Happened: Despite his skepticism towards the auto industry, Buffett expressed confidence in Ferrari at Berkshire Hathaway’s shareholder...

In a recent announcement, luxury sports car manufacturer Ferrari NV (NYSE:RACE) has projected a rise in its revenue and core earnings for 2024. This projection is based on a robust order book and the company’s successful performance in 2023. What Happened: in its Q4 results presentation on...

Porsche AG (OTC:POAHY) investors are grappling with a reality that is far from the supercar stock they had envisioned when the company was spun off by Volkswagen AG (OTC:VWAGY) in 2022. What Happened: Bloomberg reported on Tuesday that the investors’ optimism has been dampened by a series of...

While Honda Motor Co Ltd (NYSE: HMC) announced the expansion of its payment options covering almost 46 cryptocurrencies in early October, the reality was that consumers could only use these cryptocurrencies to purchase automobiles through a third party, FCF Pay. The...

YouTuber MrBeast is known for his outrageous videos that often involve a monetary element or some type of giveaway. In his latest video, MrBeast shows off some of the most expensive vehicles in the world. What Happened: MrBeast is no stranger to featuring vehicles in his videos, previously hosting...

Ferrari CEO Benedetto Vigna complimented Tesla Inc (NASDAQ: TSLA) for a contribution to the automotive industry in February. What Happened: Vigna said in an interview with Bloomberg in February that the “big contribution” Tesla made to the automotive industry was giving it a...

Ferrari NV (NYSE: RACE) has ended its sponsorship deal with Swiss blockchain company Velas, according to a statement from the team. What Happened: The Italian racing team worked with Velas for the past season, with the company's branding notably displayed on the cars' rear wings...

The cover story in this weekend's Barron's offers investment opportunities as Europe's economy and markets rebound. Other featured articles discuss European airline stocks ready to soar, the worst retail stocks of the first half of 2021 and the passing of the baton at Amazon. Also, see...

Ferrari N.V. (NYSE: RACE) presented its new SF90 Spider model this past week. What Happened: The Italian luxury carmaker is releasing the convertible version of its SF90 Stradale hybrid, the second vehicle in its electrified model lineup, the company announced. The retractable hard top...

Depending on how things go tonight, we could be witnessing the calm before the storm. What’s interesting as the country’s momentous day begins is that the “horsemen of risk” aren’t really charging out of the gate. Gold is up a little, but bonds and volatility...

This weekend's Barron's cover story offers ways to profit from the digital-payment future. Other featured articles discuss how to invest in the post-COVID world, where to look overseas for bargains, and how Bill Ackman is positioned now. Also, the prospects for a supermarket operator, a...