Luxury Brands

Ferrari

Ferrari Accelerates into the Digital Age: 499P Token to Redefine Luxury Exclusivity

Maranello, Italy – In a bold move signaling the deepening integration of cutting-edge technology into the world of ultra-luxury, Ferrari (NYSE: RACE) is poised to launch its groundbreaking "Token Ferrari 499P." This innovative digital asset, developed in collaboration with Italian fintech firm Conio, is exclusively designed for the esteemed

Luxury Brands

Ferrari's Stock Hits the Skids: A Jolt for the Luxury Market Amidst Divergent Fortunes

October 10, 2025 – The roar of Ferrari's engine on the stock market faltered dramatically this week, sending ripples through the luxury sector. Shares of the iconic Italian automaker (NYSE: RACE) plummeted by a staggering 13-15% on October 9, 2025, marking its steepest single-day decline since 2016. This sharp