Ferrari has unveiled its first fully electric car, with a design from former top Apple designer Sir Jony Ive that it describes as “polarising...
(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 Uran
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
STORY: :: FerrariFerrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker.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. Priced at $640,000, Ferrari aims to appeal to families with deep pockets, offering them comfortable seats, high-end tech and a big trunk. 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.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.The move comes as competitors including Porsche and Lamborghini scale back their EV ambitions, citing weak demand.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.
Investors questioned the luxury automaker’s shift away from its traditional sports-car identity.
Nvidia's dividend is going up by 2,400%.
Collaboration to explore deployment of Litus’ proprietary nanocomposite platforms for lithium extraction, battery recycling, and advanced separation of valuable materials Litus and UWin Nanotech Sign MOU From left to right, Ms. Marie-Louise Hannan, Canadian Trade Office in Taipei, Dr. Ghada Nafie, CEO Litus, Dr. Henry Hsu, Chairman of UWin Nanotech Co. Ltd., Mr. Tsu-Yu Chao, Deputy General Director, Industry, Science and Technology International Strategy Center (ISTI), Industrial Technology Rese
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 ...
Apple is cutting prices in China ahead of the 618 shopping holiday and Wedbush says that could help its market share.
The best investors are always thinking about ways they can upgrade their portfolios.
And no, it is not the Invesco QQQ.
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
The Vanguard Dividend Appreciation ETF (VIG) may be one of the more consistent dividend-growth funds. But it's not one of the biggest yielders.
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
Bubble brewing that rivals the roaring '20s, but bulls won't sell until these two things happen
(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.