Italy
Ferrari shares plunge 14% after carmaker updates guidance, halves EV sales target
A worker on the production line at the new Ferrari NV E-building factory in Maranello, Italy, on Friday, June 21, 2024. Bloomberg | Bloomberg | Getty Images Shares of Ferrari plunged more than 14% on Thursday after the luxury carmaker updated its full-year and 2030 guidance and scaled back its electrification ambitions. The Maranello, Italy-based […]
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European markets set to kick off Monday on a flat note, after record highs last week
The City of London financial district at sunrise. Alexander Spatari | Moment | Getty Images LONDON — European stocks are expected to open in flat territory on Monday as regional markets look for momentum after a series of positive sessions last week. The U.K.’s FTSE index, Germany’s DAX, France’s CAC 40 and Italy’s FTSE MIB are […]
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Jeff Bezos says AI is in an ‘industrial bubble’ but society to get ‘gigantic’ benefits from the tech
Amazon founder Jeff Bezos speaks with John Elkann, CEO of Exor and chairman of Ferrari at Italian Tech Week on October 3, 2025. Arjun Kharpal | CNBC TURIN, Italy — Artificial intelligence is currently in an “industrial bubble” but the technology is “real” and will bring big benefits to society, Amazon Founder Jeff Bezos said […]
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European markets open lower as traders keep an eye on tariffs, U.S. political deadlock
A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 15, 2025. Brendan McDermid | Reuters LONDON — European stocks opened lower on Tuesday as investors kept an eye on U.S. President Donald Trump’s trade tariffs and more political deadlock in the U.S. European markets […]
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The U.S. is losing travelers. Here are the countries that stand to benefit
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in […]
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Europe markets set to open higher as investors assess Nvidia results
European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report from chipmaker Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial […]
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European stocks rebound as traders eye Nvidia earnings
European markets opened higher Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value has soared in recent […]
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French stocks slide as Paris government faces risk of collapse
European stock markets retreated on Tuesday morning, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals before paring losses to around 1.75%. The country’s three main opposition parties said they would not back a […]
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European stocks trade lower; JDE Peet’s shares jump 17%
The Euronext trading exchange building in La Defense business district, west of Paris, on April 7, 2025. Thomas Samson | Afp | Getty Images European markets were lower to start the new trading week Monday as investors assessed the economic outlook after hopes of a Federal Reserve interest rate cut were boosted Friday. The pan-European […]
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European markets head for negative open as sentiment shifts; UK inflation data ahead
Borough Market in London, United Kingdom, on Aug. 27, 2024. Mike Kemp | In Pictures | Getty Images LONDON — European stocks are expected to open lower on Wednesday as global market sentiment wavered. The U.K.’s FTSE index is seen opening 0.18% lower, Germany’s DAX 0.6% lower, France’s CAC 40 down 0.56% and Italy’s FTSE MIB […]
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