Two Trends: Ferrari Revs Up, Oil Barrels Down

Victor Lei — Head of Research Trends

1/ Luxury bets continue to perform. Ferrari (NYSE:RACE) jumped 5% to new highs after blowing past earnings estimates — with profits jumping 24%. More cars: Ferarri’s waiting list has extended into 2025 with excitement building around its first SUV Purosangue — deliveries start in Q2 (Europe) and Q3 (US). More profits: Ferrari is pushing customers…

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