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Ferrari Shares Plunge After Analyst Slams New EV As "Mix Between Honda And Tesla"
Ferrari Shares Plunge After Analyst Slams New EV As "Mix Between Honda And Tesla"
Ferrari shares fell in Milan on Tuesday after the Italian supercar maker unveiled its first EV sports car, disappointing Wall Street analysts who criticized the design, with one calling it a "mix between a Honda Accord EV and Tesla."
The four-door, five-seat Ferrari Luce, priced at a staggering 550,000 euros, marks the supercar maker's first fully electric vehicle and serves as its biggest test yet: can Ferrari's nearly eight-decade brand equity survive the transition away from...
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Oct 7, 2026 / Tyler Durden
One-Year Inflation Expectations Jump To 3 Year HIgh: NY Fed Survey
One-Year Inflation Expectations Jump To 3 Year HIgh: NY Fed Survey
Americans' expectations for inflation over the near-tern jumped last month while their sentiment toward the labor market improved, the latest NY Fed Federal survey of consumer expectations showed on Wednesday.
Consumers’ estimates for inflation one-year ahead rose to a median 3.9% in September, up from 3.6% the prior month, reaching the highest level since May of 2023. At the same time, inflation expectations increased 0.1% to 3.3% at three-year horizon, and were unchanged at 3.0% at five-year horizon.
Over the...
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Mar 10, 2026 / Dave DeCamp
Sen. Lindsey Graham Declares He Will ‘Be With Israel Until Our Dying Day’
The ultra-hawkish US Senator Lindsey Graham (R-SC) declared in an interview on Monday that he will be with Israel “until our dying day,” as he is urging the US and Israel to continue pursuing regime change in Iran. “I believe with all my heart and soul, if the regime in Iran still stands when this […]
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May 8, 2026 / Tyler Durden
DOE's NNSA Removes Enriched Uranium From Venezuela And Japan
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