Financial News

Ferrari is going electric, and that’s a worry for Wall Street. The EV is named the Luce, after the Italian word for light. Former Apple chief design officer Jony Ive helped create the car, which Ferrari said would sell for a starting price of 550,000 euros ($640,000).

CNBC’s Seema Mody reports on speculation around a SpaceX-Tesla merger.

TROY, Mich., May 26, 2026--EV app usage has reached a turning point, as higher engagement is now matched by higher expectations, according to the JD Power 2026 U.S. OEM EV App Report,SM released today. Electric vehicle (EV) owners are relying on their apps more often, but they are also less willing to tolerate delays or inconsistent performance. App performance has become the defining factor of the experience as speed and reliability gaps become more visible with increased use. Overall, app sati

The global wind turbine blade recycling market is set to experience significant growth, expanding from $64.96 billion in 2024 to $158.9 billion by 2030, driven by decommissioning of first-generation turbines reaching their end-of-life. This market expansion is being fueled by corporate sustainability commitments, integrated recycling initiatives, and regulatory actions particularly in North America and Europe to limit landfill disposal of blades. The focus on circular economy principles is...

There’s a question floating around the biggest IPO in history, and SpaceX has chosen its words very carefully to avoid answering it. I’ve been reading pre-IPO paperwork for nearly two decades, and what’s missing from this one tells you more than what’s in it. The company is reportedly heading to NASDAQ in June 2026 at ... The Question About Elon Musk That SpaceX Refuses to Answer Before Its IPO

Walmart's recent run of outperformance could be coming to an end.

Tuesday, Pony AI reported first-quarter sales of $34.3 million, up from $14 million a year ago. Wall Street was looking for $22.3 million.

June S&P 500 E-Mini futures (ESM26) are up +0.67%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.03% this morning as investors remained hopeful that the latest U.S. strikes on Iran would not derail talks to end the Middle East conflict.

Tesla stock is going for a second consecutive weekly gain. Shares are in the green in premarket trading Tuesday.

It's hard to believe SpaceX is angling for a $1.75 trillion valuation.

Elon Musk's space technology company is floating one jaw-dropping figure as it prepares for an upcoming IPO.

https://www.reuters.com/business/aerospace-defense/pentagon-spars-with-spacex-over-starlink-price-hike-during-iran-war-2026-05-26/

Ro Khanna backs higher taxes on billionaires, saying the U.S. economy favors capital over workers, amid debate over wealth inequality and public services.

Robotaxis and satellite internet are side projects to this undervalued AI giant.

Ferrari's first electric car, the Luce, designed by Apple's Design Head Jony Ive boasts 1,000 HP and a $640,000 price tag.

Tesla stock now hinges on autonomy/robotaxi, AI, Optimus & energy—not autos. TSLA projects massive scale in unproven segments. See more.

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

Democratic Gubernatorial candidate Xavier Becerra pledges to scrap Newsom's high-speed rail project in current form in favor of efficiency.

Ferrari unveils its first fully electric car - but the 'Ferrari Luce' fails to impress investors, as the stock declines in early trade.

Pony AI founder says real-world traffic data and world models are necessary for Level 4 commercialization, not just simulations and software.

U.S. officials suggested a deal with Iran is near, but strikes continue, creating a complex trading picture for Wall Street's reopening.

Strong Market Momentum, and Friday’s 7.96% Gain While Looking Ahead to What Management Believes Is Only the Beginning of a Potentially Transformational Future WEST PALM BEACH, FL / ACCESS Newswire / May 25, 2026 / ELEKTROS States That Growing ...

(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 Urani

Investor Anthony Scaramucci said Wall Street may be ruthless, but Washington politics is even worse, arguing that finance professionals attack people openly while political insiders work behind the scenes to take people down. “On Wall Street, we are front stabbers....

During a highly anticipated segment on the latest All-In Podcast, Chamath Palihapitiya laid out a detailed underwriting case to justify why SpaceX is worth a full two trillion dollars right now. He explained that a twenty-times sales multiple is actually a bargain when you properly measure it against the massive commercial markets that Starlink and ... The $2 Trillion Underwriting Case: Inside Chamath’s Blockbuster SpaceX Math

SpaceX stock is expected to begin trading in a few weeks.

ELEKTROS Inc. - Publicly Traded (Ticker Symbol: ELEK) WEST PALM BEACH, FL / ACCESS Newswire / May 25, 2026 / ELEKTROS States That Growing Global Awareness Surrounding the Company Represents an Exciting Milestone for Shareholders and Supporters Worldwide. ...

Investors have piled Tesla call options expiring shortly at an at-the-money strike price. A Barchart report shows that volume for this contract is over 223 times normal. Some investors see TSLA stock as undervalued.

Jim Cramer just refused to bless a portfolio built almost entirely on his own stock recommendations, and no question that the lesson is worth pausing on. On the May 22 episode of Mad Money, a caller named Jerry laid out a tech-saturated portfolio diversified across tech retail sales, software, semiconductors, data center, and advertising, noting ... The One Thing Jim Cramer Demands From Tech-Only Investors Before He’ll Bless the Strategy