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Hewlett Packard Enterprise Co (NYSE:HPE, ETR:2HP) shares moved higher after it was announced the information technology company has entered into a multi-year partnership with Ferrari (NYSE:RACE) to become the title sponsor of its car racing teams, including for Formula 1 (F1). The two companies announced on Wednesday that the HP logo will debut on Maranello F1 cars ahead of the Miami Grand Prix, scheduled for May 3 to 5, when the team will start competing under its new team name Scuderia Ferrari (NYSE:RACE) HP.
Investors interested in Automotive - Original Equipment stocks are likely familiar with Modine (MOD) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker more freedom to cut costs and shape its future.
Maranello (Italy), April 22, 2024 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2024 will be released on Tuesday, May 7, 2024.
A tech executive with a new management strategy took the wheel of the luxury carmaker. Then it was off to the races.
Ferrari's (RACE) new laboratory is dedicated to the research of lithium battery cells.
Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Modine (MOD) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
Ferrari wants to increase its expertise in battery cells given their importance in its shift to electrified vehicles, but it has no plans to manufacture them itself, its CEO Benedetto Vigna said on Monday.
Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Wall Street is ready for the start of the second quarter, and this is the time for investors to take a good look at their portfolios. The first quarter was an excellent time to invest in stocks, with the Nasdaq and S&P 500 hitting new highs.