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Market Data Table

Breakfast News: Ferrari Launches Daring EV Gamble

May 26, 2026

Friday's Markets
S&P 500 7,473 (+0.37%)
Nasdaq 26,344 (+0.19%)
Dow 50,580 (+0.58%)
Bitcoin $75,881 (-2.25%)

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Chart showing Ferrari's revenue growth over the past three years, rising slightly from $1.47 billion in the second quarter of 2023 to $1.85 billion in the first quarter of 2026.

1) Stock Reverses as Ferrari Debuts EV Luce in Rome

Ferrari (NYSE:RACE) unveiled its first fully electric vehicle (EV) -- the Luce, priced at $640,000 -- contrasting with direct competitors that are steering away from the EV space as it aims to boost revenue. The stock fell around 3% in pre-market trading.

Launch comes despite scaled-back electric plans: The Stock Advisor recommendation by Team Rule Breakers has halved its 2030 EV lineup target from 40% to 20% to better reflect customer demand. The Luce is expected to account for 5% of first-year sales from Ferrari's new "e-building" in Maranello.
Design collaboration led by former iPhone creative Jony Ive: The Luce was co-designed by LoveFrom, run by former Apple (NASDAQ:AAPL) exec Ive, with a focus on physical controls over touchscreens.

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2) Earnings Ahead From SA Recs by Team Hidden Gems

Zscaler (NASDAQ:ZS) beat its own revenue and profit guidance last quarter and will aim to do the same again when it reports on Tuesday following the closing bell. The expanded presence in agentic cybersecurity and browser security is helping lift growth forecasts.
Salesforce (NYSE:CRM) reports on Wednesday, with investors keen to see whether continued investment in product development can further lift artificial intelligence (AI) demand after a record quarter last time around. The stock is also recommended by Team Rule Breakers.
Snowflake (NYSE:SNOW) also releases earnings on Wednesday. Management is guiding for a 27% jump in product revenue year over year after last quarter, with a focus on integrating the recent acquisition of Observe. Like Salesforce, the stock is also recommended by Team RB.

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3) Selected Team Rule Breakers Recommendations’ Results

Synopsys (NASDAQ:SNPS) reports on Wednesday. Investors will be watching for customer uptake of agent-based engineering tools, along with continued integration progress from Ansys, as flagged last quarter.
Braze (NASDAQ:BRZE) should also release earnings on Wednesday, backing up the 27.9% revenue rise last quarter, as it continues to benefit from new customers, upsells, and renewals.
MongoDB (NASDAQ:MDB) publishes quarterly earnings on Thursday. Despite revenue exceeding expectations in the previous quarter, management warned about higher investment spending going forward.

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4) Uber Plots Delivery Hero Takeover

Delivery Hero (OTC:DLVHF) surged almost 10% yesterday after confirming Uber (NYSE:UBER) has expressed takeover interest, raising the potential for a bidding war with DoorDash (NASDAQ:DASH).

Uber deal makes strategic sense for geographic expansion and potential synergies: A full takeover would allow Uber to tap into the existing Delivery Hero presence in Asia and Africa. It already holds 19.5% of Delivery Hero's issued share capital. Uber is beating the S&P 500 by 139% since the July 2022 Rule Breakers rec.
"If I was going to [give] gold, silver, bronze [to Uber, DoorDash, and Instacart] … from a faraway view, I think Uber would be the gold": In March, Fool contributing analyst Rick Munarriz praised Uber, saying the business has "always been this free cash flow machine, even when they weren't necessarily profitable all the time, but they were generating money."

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5) S&P 500 Nails Eighth Straight Weekly Gain

U.S. stocks posted another positive week, with the S&P 500 rising 0.89% and the Nasdaq gaining 0.5%, as progress on peace talks in the Middle East helped to reduce geopolitical risk. Both S&P 500 and Nasdaq futures rose over 0.5% ahead of the opening bell.

Caution ahead due to U.S. "self-defense strikes": Sentiment could be under pressure due to early-Tuesday attacks from the U.S. in Southern Iran to protect troops.
Key inflation data set to show further price pressure: Investors will digest April's Personal Consumption Expenditures (PCE) inflation data due out on Thursday. The core reading -- the Fed's preferred inflation gauge -- is expected to rise from 3.2% last month to 3.3%.

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6) Your Take

How are you feeling about your current portfolio allocation as we end the month? Confident, cautious, or ready to make changes?

Discuss with friends and family, or become a member to hear what your fellow Fools are saying!

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