A Record Third Quarter
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Ferrari (RACE) Misses Q3 EPS by 5c; Shipments Rose 1.5%
November 7, 2016 6:44 AM ESTFerrari (NYSE: RACE) reported Q3 EPS of EUR0.50, EUR0.05 worse than the analyst estimate of EUR0.55. Revenue for the quarter came in at EUR723 million versus the consensus estimate of EUR845.59 million.
Total shipments reached 1,978 units, up 29 units... More