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Ferrari N.V. (RACE)
After hours:
- Zacks
Ferrari (RACE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Ferrari (RACE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- CoinDesk
Ferrari to Extend Cryptocurrency Payments to Europe: Reuters
Ferrari wants "to support dealers in better addressing the evolving needs of its clients." Despite crypto's popularity as an investment tool, it remains relatively rare for major companies to accept it as a means of payment. Ferrari (RACE) will extend its provision for cryptocurrency payments to Europe by the end of July, Reuters reported on Wednesday.
- Reuters
Ferrari extends cryptocurrency payment system to Europe after US launch
Ferrari said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after starting in the United States last year. The Italian company will also extend the scheme by the end of 2024 to other dealers of its international network, in countries where cryptocurrencies are legally accepted, it said in a statement. Although the vast majority of blue-chip companies have steered clear of crypto as the volatility of bitcoin and other tokens make them impractical for commerce, Ferrari started last year to accept payments in cryptocurrency in the U.S., to meet requests from its wealthy customers.
