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Ferrari Reportedly Tells Buyers To Buy Unpopular Luce To Move Up On Wait List

Ferrari Reportedly Tells Buyers To Buy Unpopular Luce To Move Up On Wait List Ferrari is reportedly using its first-ever EV, the Luce, a €550,000 model that looks more like a cross between a Tesla and a Kia, as a loyalty test inside its highly coveted allocation system. Ferrari's allocation system is a notoriously exclusive, invitation-only process managed directly by the factory in Maranello. Rather than using waitlists, Ferrari curates ownership by evaluating a buyer's loyalty to the brand, requiring customers to build a multi-million-dollar history of ownership, participate in factory...
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Jun 5, 2026 / Tyler Durden
Rubio Backs Bolivia's Government As Protests Trigger Food, Fuel Shortages
Rubio Backs Bolivia's Government As Protests Trigger Food, Fuel Shortages Authored by Evgenia Filimianova via The Epoch Times, The United States has pledged additional emergency assistance to Bolivia as protests and road blockades deepen shortages of food, fuel, and medical supplies across the South American country. U.S. Secretary of State Marco Rubio spoke with Bolivian President Rodrigo Paz on June 4 and discussed efforts to address growing shortages caused by nationwide unrest. “The Secretary noted the United States is ramping up emergency assistance and logistics operations support in Bolivia to help those facing...
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Aug 26, 2026 / Tyler Durden
Nvidia Slides Despite Blowout Earnings Amid Concerns About Margin Weakness And Future Spending
Nvidia Slides Despite Blowout Earnings Amid Concerns About Margin Weakness And Future Spending In our preview of NVDA earnings we said that "Nvidia will beat FQ2 (July) revenue estimates by approximately $3-4 billion, with revenue potentially reaching $94-95 bn. The stock, however, will not respond to the beat.... recall revenue guidance has beaten Street consensus by an average of 4% over the past four quarters, while the stock has traded down 3%/5% on average over the subsequent 7/30 days." And boy were we right: despite blowout beats on the top and...
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Oct 13, 2026 / Tyler Durden
China Is Studying Ukraine's Drone War To Prepare Its Military For Future Conflicts
China Is Studying Ukraine's Drone War To Prepare Its Military For Future Conflicts China is using the war in Ukraine as an opportunity to study the future of military conflict, paying particular attention to how inexpensive drones are changing the economics and tactics of modern warfare, according to the South China Morning Post. A new report from the Center for Strategic and International Studies (CSIS) suggests Beijing has developed an extensive system for monitoring battlefield innovations and incorporating them into its own military planning. Chinese defense researchers generally identify and assess...
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