Check out BullDigest's May 5 Pre-Market Summary of Ferrari N.V.. We provide a summary of the key news before the market opens.
Stock up 9.74% YTD due to strong financial performance and revised commercial policy on US import tariffs, capping price increases at 10% for some models.
Stock up 17.31% YTD driven by Q2 fiscal 2025 revenue of $4 billion and a 9.5% surge in international same-store sales, despite EPS missing forecasts.
Considering expansion into new theme park markets like the UAE, contributing to profits from experiences division which generated significant revenue and operating income.
Aggressive expansion may impact Disney's market share in theme parks.
Rising popularity increases driver earnings as brand ambassadors, with top drivers earning significant per post on Instagram.
Controversy due to Trump's comments on tariffs affecting demand and potential shortages in the market.
Sales declined due to customers cutting back, possibly related to economic conditions or tariff impacts.
Launched Copy Trading feature and partnership with Scuderia Ferrari HP, enhancing their market presence as a multi-asset CFD broker.
Partnership with Vantage Markets highlights shared values of excellence, ambition, passion, and innovation, aiding in marketing and brand strength.
Launched the Essenza SCV12 model priced at €2.2m, targeting high-end market without significant financial impact mentioned.
Cadillac's F1 entry proceeding despite tariff impacts, with plans to develop own power units by 2029, enhancing brand competitiveness.
Secured additional pre-orders for FX Super One MPVs and launched investor updates, indicating growth in their electric vehicle market presence.
Planned purchase of 300 Faraday Future FX Super One MPVs for luxury services, contributing to FF's sales but no direct financial impact mentioned.
Sales in China fell 42% in Q1 2025, indicating market challenges and potential brand image issues.