News
Ferrari N. V. (RACE) Stock: Shares Dip as "3. 5 B Buyback Program Advances
3+ hour, 3+ min ago (401+ words) Ferrari N. V. (RACE) shares ended lower after an uneven session, as the company advanced its large buyback plan. RACE traded at $348. 24, down 0. 33%, after a late drop near $347. 02. The move came as Ferrari reported fresh purchases under its "250 million second tranche. Ferrari…...
Est'e Lauder (EL) Stock Jumps 10% as Puig Merger Falls Apart
3+ day, 8+ hour ago (525+ words) Est'e Lauder stock jumped more than 10% in after-hours trading on Thursday after the company confirmed it had ended merger discussions with Spanish beauty group Puig. The Est'e Lauder Companies Inc. , EL The talks, which were first disclosed in March, would…...
Porsche Stock Slides 2% After Q1 Profit Drops 21%
1+ week, 5+ day ago (415+ words) Porsche SE posted first-quarter adjusted profit after tax of "382 million, a 21% decline from the same period last year. The stock fell 2. 28% on the news. Porsche Automobil Holding SE, PAH3. DE The holding company's group net result came in at a loss…...
BMW Stock Jumps 6% as Q1 Margins and Cash Flow Beat Forecasts
2+ week, 5+ day ago (596+ words) BMW reported Q1 2026 pre-tax profit of "2. 3 billion, beating analyst consensus of "2. 2 billion. The stock responded sharply, climbing more than 6% on Wednesday to trade around "82. BMW kept its 2026 outlook unchanged, with strong Europe demand helping offset weakness in China. Its auto EBIT…...
Mercedes-Benz (MBGn) Stock Falls as Q1 Profit Drops 17% on China Weakness
3+ week, 5+ day ago (476+ words) Mercedes-Benz reported a rough start to 2026, with first-quarter net profit dropping 17. 2% to "1. 43 billion from "1. 73 billion a year earlier. Revenue slipped 5% to "31. 6 billion, though that came in slightly ahead of market expectations. Mercedes-Benz said it still expects 2026 operating profit to come…...
BMW Feels the Squeeze " China Down 10%, U. S. Down 4. 3% in Q1
1+ mon, 1+ week ago (457+ words) BMW Group reported a 3. 5% decline in global vehicle deliveries for the first quarter of 2026, selling 565, 748 vehicles across its BMW, MINI, and Rolls-Royce brands. Bayerische Motoren Werke AG, BMW. DE The drop was driven by two of the automaker's most important…...
Estee Lauder (EL) Stock Drops 2% as Merger Talks With Puig Advance
1+ mon, 3+ week ago (345+ words) Est'e Lauder and Puig first confirmed merger discussions on March 23, though neither company disclosed terms at the time. The Est'e Lauder Companies Inc. , EL Bloomberg, citing people familiar with the matter, reported on April 1 that the talks have progressed and…...
Porsche SE (PSHG) Earnings Fall 9% as Volkswagen Costs Bite in 2025
1+ mon, 4+ week ago (473+ words) Porsche SE stock fell 2. 7% in early trade on Thursday, underperforming the broader market index. Porsche Automobil Holding SE, PAH3. DE Porsche SE reported adjusted earnings after tax of "2. 9 billion for full-year 2025, down around 9% from the prior year. The result was driven…...
Bing X Becomes Scuderia Ferrari HP's First Official Crypto Exchange Partner
4+ mon, 6+ day ago (394+ words) Bing X has announced a major partnership with Scuderia Ferrari HP, becoming the team's first-ever official crypto exchange partner. The multi-year deal connects one of the top crypto exchanges with one of the most iconic names in motorsport, forming a…...
Crypto Firm Nexo Becomes Official Digital Partner Of Audi Revolut F1 Team
4+ mon, 1+ week ago (469+ words) Crypto wealth platform Nexo has entered into a sponsorship agreement with Audi Revolut F1 Team, becoming its official digital asset partner. This partnership marks Nexo's first-ever Formula 1 sponsorship and comes as Audi prepares to make its debut in the F1 grid this…...