European stock markets are expected to open mostly lower following renewed tensions in the Middle East, with the U.K.'s FTSE flat and Germany's DAX and France's CAC 40 down 0.4%. The escalation comes after Iran attacked the UAE with drones and missiles, and the U.S. responded by sinking Iranian boats in the Strait of Hormuz. These developments have unsettled global markets, causing stock indices to fall sharply and oil prices to rise due to fears the conflict could prolong, potentially triggering a global recession. Investors are also watching earnings reports from major companies like Anheuser-Busch InBev and HSBC, which recently posted slightly missed profit estimates.
Shares of South Korean chipmaker SK Hynix soared over 250% in 2025, pushing its market value above $1 trillion for the first time, fueled by strong demand for AI chips. U.S. chipmaker Micron also saw a significant rally after UBS tripled its price ta...
Ferrari has unveiled the Luce, its first fully electric luxury car, featuring a monolithic aluminum body and an in-house four-motor powertrain that accelerates from 0 to 100 km/h in 2.5 seconds. The Luce introduces a new segment for Ferrari, emphasiz...
Ferrari unveiled its first electric vehicle, Luce, designed by notable designers including Apple's former Chief Design Officer. Despite high expectations, the launch met mixed reactions, causing Ferrari's stock to drop over 6% in Italy and 3% pre-mar...
Ferrari has launched its first fully electric vehicle, the Luce, featuring 1,036 horsepower, 2.5-second 0-60 mph acceleration, and a 329-mile range. Priced around $600,000, it is Ferrari's first five-seat car and marks a bold shift from traditional c...
Ferrari unveiled its first fully electric vehicle, the Luce, in Rome, marking a significant shift from its traditional sports car design. Despite the launch, Ferrari shares fell sharply by over 7% on the Milan stock exchange, reflecting investor conc...
