Ferrari reassures investors with better than expected forecasts
Shares jump more than 10% as CEO promises ‘discipline’ to continue delivering robust results
Shares jump more than 10% as CEO promises ‘discipline’ to continue delivering robust results

Bullish comments come amid increasing uncertainty over EV models’ impact on luxury-car maker’s remarkable profit growth

Strong earnings appear to quiet demands from Wall Street to justify up to $135bn in capital expenditures

Net income rises 17% but is still second-weakest figure in five years

New subsidiary pivots to energy storage batteries for AI after disastrous electric vehicle writedown

Troubled chipmaker says recent investments have strengthened its finances

Carmaker tries to stem declining residual values for its vehicles