Italy stocks higher at close of trade; Investing.com Italy 40 up 0.12%

Italian stocks rose, led by Telecoms and Financials, despite some declines in other sectors. Crude oil and commodity prices also dropped.

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Ferrari will always make its cars in Italy, CEO says

Ferrari's CEO reaffirms commitment to Maranello manufacturing, discusses electric models, tariffs under Trump, cryptocurrency payments, and a deal with Cadillac for Formula One engines.

Factbox-As CEO Tavares leaves Stellantis, market speculates on successor

What Trump's potential tariffs mean for European auto stocks?

Earnings call: Ferrari reports strong Q3 with revenue and profit growth

Italy stocks lower at close of trade; Investing.com Italy 40 down 0.23%

Italy's stock market closed lower, led by losses in Telecoms and Chemicals sectors, with Ferrari NV experiencing the largest drop, while commodities showed slight increases.

Palantir, DuPont, Trump Media rise premarket; Restaurant Brands falls

US stock futures rise with notable movers including Palantir and DuPont up, while Marqeta plummets. Key reports anticipated amid presidential election uncertainty.

Ferrari's core profit rises 7%, helped by product mix, personal touches

Ferrari's third quarter earnings rose 7% despite a 2% drop in shipments, driven by demand for high-end models, maintaining strong full-year forecasts.

Ferrari stock falls as Q3 results miss expectations

Ferrari's Q3 earnings missed analyst estimates, leading to a 2.9% share drop, despite revenue growth and positive future outlook for 2024 and beyond.