Geopolitics Alpha

Ferrari earnings top estimates as carmaker points to Luce EV demand

Published . Updated .

Key takeaways

  • Exposed: CARZ, XLY, TSLA, GM, TM
  • Market reaction: XLY +3.9% by the next session (still updating); CARZ 0.0% on the day; TSLA −3.2% by the next session (still updating)

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GEOPOLITICS ALPHAFerrari earnings top estimates ascarmaker points to Luce EV demandRACEGEOPOLITICS ALPHA

This report is about autos.

Directly affected

  • RACE Ferrari N.V-0.4% 30d

    Named in this report.

Indirectly affected

  • CARZ First Trust S-Network Future Vehicles & Technology ETF

    First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+5.7% 30d

    Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story.

  • TSLA Tesla+4.7% 30d

    Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

  • GM General Motors+2.0% 30d

    General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

  • TM Toyota Motor+2.2% 30d

    Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

  • F Ford Motor-6.8% 30d

    Ford Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RACE-3.22%-0.77%base+2.95%+7.33%after closeafter close
CARZ-1.53%+0.00%base+0.00%after closeafter closeafter close
XLY-2.29%-1.67%base-0.69%+3.89%after closeafter close
TSLA+0.89%-0.15%base-1.42%-3.21%after closeafter close
GM-10.41%-4.70%base-1.78%+2.81%after closeafter close
TM+0.45%+0.27%base-1.29%+2.11%after closeafter close
F-6.94%-2.06%base-2.46%+1.19%after closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Ferrari earnings top estimates as carmaker points to Luce EV demand The Detroit News

Source: The Detroit News

How far First Tr Exchange-Traded Fd (CARZ) has moved since 3 Nov 2026

CompanyWhenMoveStatus
First Tr Exchange-Traded Fd (CARZ)that day0.00%final price
First Tr Exchange-Traded Fd (CARZ)three days earlier0.00%final price
First Tr Exchange-Traded Fd (CARZ)five days earlier-1.53%final price
Ford Motor (F)that day-2.46%final price
Ford Motor (F)the next day+1.19%still updating
Ford Motor (F)three days earlier-2.06%final price
Ford Motor (F)five days earlier-6.94%final price
General Motors (GM)that day-1.78%final price
General Motors (GM)the next day+2.81%still updating
General Motors (GM)three days earlier-4.70%final price
General Motors (GM)five days earlier-10.41%final price
RACEthat day+2.95%final price
RACEthe next day+7.33%still updating
RACEthree days earlier-0.77%final price
RACEfive days earlier-3.22%final price
Toyota Motor Corp/ (TM)that day-1.29%final price
Toyota Motor Corp/ (TM)the next day+2.11%still updating
Toyota Motor Corp/ (TM)three days earlier+0.27%final price
Toyota Motor Corp/ (TM)five days earlier+0.45%final price
Tesla (TSLA)that day-1.42%final price
Tesla (TSLA)the next day-3.21%still updating
Tesla (TSLA)three days earlier-0.15%final price
Tesla (TSLA)five days earlier+0.89%final price
Select Sector Spdr Tr (XLY)that day-0.69%final price
Select Sector Spdr Tr (XLY)the next day+3.89%still updating
Select Sector Spdr Tr (XLY)three days earlier-1.67%final price
Select Sector Spdr Tr (XLY)five days earlier-2.29%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around First Tr Exchange-Traded Fd (CARZ)

Companies mentioned with this story

  • CARZ First Tr Exchange-Traded Fd

    For “Ferrari earnings top estimates as carmaker points to Luce EV demand,” First Tr Exchange-Traded Fd (CARZ) is linked, with no stored direction, medium confidence. Reason on file: First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story

  • XLY Select Sector Spdr Tr

    Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Ferrari earnings top estimates as carmaker points to Luce EV demand.” Reason on file: Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story

  • TSLA Tesla

    In “Ferrari earnings top estimates as carmaker points to Luce EV demand,” Tesla (TSLA) is linked, with no stored direction, medium confidence. Reason on file: Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story

  • GM General Motors

    General Motors (GM) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Ferrari earnings top estimates as carmaker points to Luce EV demand.” Reason on file: General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story

  • TM Toyota Motor Corp/

    For “Ferrari earnings top estimates as carmaker points to Luce EV demand,” Toyota Motor Corp/ (TM) is linked, with no stored direction, medium confidence. Reason on file: Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story

  • F Ford Motor

    Ford Motor (F) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Ferrari earnings top estimates as carmaker points to Luce EV demand.” Reason on file: Ford Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “carmaker” (autos) in this story

First Tr Exchange-Traded Fd (CARZ)

On 3 Nov 2026, “Ferrari earnings top estimates as carmaker points to Luce EV demand” is the story that connects First Tr Exchange-Traded Fd (CARZ) to this story.

What ties First Tr Exchange-Traded Fd (CARZ) to the headline is this: First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story

Also listed, Select Sector Spdr Tr (XLY): Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “carmaker” (autos) in this story

Price levels for First Tr Exchange-Traded Fd (CARZ)

TSLA traded between 349.39 and 414.19 across 20 sessions. The latest close on file is 398.21. XLY traded between 110.58 and 119.20 across 20 sessions. The latest close on file is 118.15.

What the saved facts support for First Tr Exchange-Traded Fd (CARZ)

46 out of 100Price not final

“Ferrari earnings top estimates as carmaker points to Luce EV demand” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.