Key News Highlights
Ferrari (NYSE: RACE) has seen its stock rise over 100% against the S&P 500 over the past decade. The company sells approximately 70% of its vehicles to existing customers, driving a strong demand for its ultra-luxury cars, while maintaining a limited annual production of around 1,000 units per model. Ferrari recently faced a significant single-day stock drop related to its 2030 guidance, which was slightly below analyst expectations, despite raising its 2025 outlook.
Advanced Micro Devices Inc. (NASDAQ: AMD) has entered a substantial deal with OpenAI to supply AI infrastructure, projecting tens of billions in annual incremental revenue by the second half of 2026. This agreement triggered a revision in analysts’ outlooks, with Morningstar increasing its fair value estimate for AMD to $210 per share, along with a doubling of AI GPU revenue estimates for 2027 and beyond. By 2029, AMD’s revenue is now projected to reach approximately $42.2 billion, up from a prior estimate of $20.7 billion.
