Ferrari Opts Amazon’s AWS Cloud Service To Fastrack Road Car Innovation
Amazon.com Inc (NASDAQ:AMZN) company Amazon Web Services, Inc. (AWS) inked an agreement with Ferrari NV (NYSE:RACE) to become their Official Cloud, Machine Learning,…
When Will Musk Move On From Tesla? And Who Will Replace Him?
I have a theory: Elon Musk will hand Tesla Inc (NASDAQ: TSLA) over to a successor when Tesla can no longer generate much fanfare. At least, not as much as they currently do. This point in time will come once legacy car manufactures are firmly entrenched in the EV space.
Goldman Sachs Cuts Ferrari As It Increases Capex To Race Ahead
Ferrari NV (NYSE: RACE) will need to make higher capital expenditure earlier than expected for its transition to future technologies, according to Goldman Sachs.
Goldman Sachs Downgrades Ferrari to Sell, Announces $207 Price Target
Goldman Sachs analyst George Galliers downgrades Ferrari (NYSE:RACE) from Buy to Sell and announces $207 price target.
Earnings Scheduled For May 4, 2021
Companies Reporting Before The Bell
• Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 per share on revenue of $340.02 million.