Ferrari reported a 21% increase in full-year net profit for 2024, reaching 1.53 billion euros, with net revenues up nearly 12% to 6.7 billion euros and EBITDA at 2.56 billion euros. The company’s Milan-listed shares rose 4.5%, while U.S.-listed shares saw a 5% increase. Ferrari expects net revenues to rise by 5% to over 7 billion euros in 2025 and core earnings to grow by at least 5%. CEO Benedetto Vigna attributed the positive results to a strong product mix and growing demand for personalizations, with analysts anticipating Ferrari to outperform the automotive sector amid potential U.S. tariffs.
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Chaotic scene in Midtown Manhattan after shots ring out in office tower, killing 4 including police officer
A gunman, identified as 27-year-old Shane D. Tamura from Las Vegas, opened fire in a Midtown Manhattan office tower, killing four people, including NYPD officer Didarul Islam, and wounding another before taking his own life. The incident caused widespread panic, with nearby buildings on lockdown as authorities responded to the active shooter situation. Want More Context? 🔎
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