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Ferrari Stock Surges After Beating Expectations and Raising Guidance

Ferrari stock (RACE) surges after strong Q4 earnings, revised 2025 guidance

Elon Musk Addresses JPMorgan Audience on Government Spending Cuts

Elon Musk to Argue for Government Spending Cuts at JPMorgan Event

Robinhood Stops Sports Event Contracts After CFTC Request

Robinhood has been requested by the CFTC to stop offering sports event contracts to its customers. The company says it will now suspend the rollout of the contracts and estimates about 1% of its customers were rolled into the new product.

Hedge Funds Thrive on Market Volatility, U.S. Tariffs

Hedge funds rebounded in January, posting strong returns despite market turmoil sparked by President Trump's policies. Stock-picking funds led the way, with Citadel's flagship funds posting gains of up to 2.7%.

GM Completes Cruise Acquisition, Shifts Focus to Personal Autonomous Vehicles

General Motors completes acquisition of Cruise to accelerate development of autonomous technology for personal vehicles, integrating it into the Super Cruise system and expanding it to urban environments.

Why Merck (MRK) Stock Is Falling Today

Merck (MRK) stock price drops 11% following mixed Q4 earnings report. Revenue and EPS guidance misses expectations, with competition and weak China demand cited as factors.

Trump Tariffs 2.0: What's Different Now?

Trump's tariffs are a departure from his previous approach, with higher duties, a wider range of consumer goods affected, and a use of tariffs as leverage for other concessions. China, Canada and Mexico are preparing to retaliate, and the economic effects are expected to be felt quickly.

Robinhood Suspends Super Bowl Betting Contracts at CFTC Request

Robinhood halted Super Bowl betting contracts after a request from the CFTC despite Kalshi's contracts being deemed legal.

Lebanon seeks resumption of offshore exploration by TotalEnergies

Lebanon hopes TotalEnergies will resume oil, gas exploration offshore

Ferrari Soars Past Expectations, Unveils 2025 Guidance Hike and First EV Announcement

Ferrari's Q4 earnings beat expectations, with a 14% increase in global sales and a 15% jump in EBITDA. The automaker also raised its 2025 guidance and announced plans to unveil its first EV in October.