$RACE (+0,89 %)

In spring, the first electric Ferrari is unveiled and the Amalfi and 849 Testarossa are delivered.

When talking about the year 2026 at Ferrari, one model naturally takes center stage: the first electric car from Maranello, working title "Elettrica". A novelty that fans, customers and analysts are eagerly awaiting.

A paradigm shift for the company, which of course continues to rely on combustion engines, accompanied by the electrification already present in the 296 Speciale and Testarossa. Let's now take a look at all the Ferrari innovations coming our way in 2026.

Image gallery and details at the link ⬇️

https://de.motor1.com/news/778460/ferrari-neuheiten-2026-ueberblick/

bye bye Louis

currently see no potential here, was in the red for a long time, in the long term there may be a future, but unfortunately not for me at the moment.

Quite cool as a luxury ETF, but I will rather shift the money into other tech companies.

I still have luxury in my portfolio with $RACE (+0,89 %) .

My review of October 2025. Many thoughts and yet no solution.

There's also a question at the end of the article.

📈 Performance:

S&P500: +4.73%

MSCI World: +4.25%

DAX: +0.32%

Dividend portfolio: +1.13%

My high and low performers in October were (top/flop 3):

🟢 ($LLY (-0,06 %) ) Eli Lilly +20.29%

🟢 ($MC (-1,3 %) ) LVMH +17.59%

🟢 ($STAG (-0,24 %) ) STAG Industrial +11.02%

🔴 ($CTAS (+0,89 %) ) Cintas -8.41%

🔴 ($TXN (+1,98 %) ) Texas Insturments -11.09%

🔴 ($RACE (+0,89 %) ) Ferrari -15.71%

Dividends:

October 2025: €126.83

October 2024: € 147.55

Change: -14.04%

Sales:

🟥 None

Purchases:

🟩 ($ULVR (+0,14 %) ) Unilever (8 pcs.)

🟩 ($WM (+0,04 %) ) Waste Management (2 pcs.)

Savings plans:

($CTAS (+0,89 %) ) Cintas (50€)

($MC (-1,3 %) ) LVMH (50€)

($MSFT (+0,17 %) ) Microsoft (25€)

What else has happened?

October was very quiet. Apart from a week's vacation and my birthday, nothing much happened. I used the quiet (and free) time to continue thinking about my nest egg. When do I fill it up and how much? Does it really have to be €10,000? How quickly should this happen or can I just save up slowly? What would be my safe-sleeping amount? Questions upon questions. I have also found many answers. However, I haven't really got any further because I can't make up my mind.

The current situation is as follows: The savings rate on shares will be reduced, and the special payment will not be included in the $XEON (+0,01 %) (i.e. for loan repayments), but will also go into the nest egg. I have set the amount I want to save to €5,000. That would then be done. I'll be rebuilding again from January. Until then, I'm still working out how I can present it well and what I feel comfortable with. I can still save the amount for the loan, as long as I plan a monthly savings amount at some point and don't just use the special payments.

🥅 Goals for 2025:

Deposit of €10,000 and thus a custody account volume in the share portfolio of ~€73,000

Target achievement at the end of October 2025: 77.94%

If everything remains/becomes as planned, I will not reach my personal target. But if I don't change my mind again (which would result in a lower nest egg) or get a windfall for Christmas, then I don't see any more options at the moment.

How would you solve my "problem" with the nest egg? How would you decide?

If you liked the report and would like to read more, feel free to follow me,

If you're not interested, you can keep scrolling or use the block function.

After a volatile October with +6,2% the stabilization continued in October. My portfolio rose to 40.233 € and increased by +2,80 % slightly weaker than the NASDAQ 100 (+6.95 %)but still solidly in the green. While the major indices were driven by big tech, my portfolio once again showed strength in niche and future themes. ⚙️

1. performance & comparison 🚀

There was a moderate recovery over the course of the month: while the markets initially fluctuated, momentum returned towards the end.

With +2,8 % my portfolio remained below the NASDAQ 100, but performed better than broader indices such as the FTSE All World (+4.45 %) and DAX (+4.11 %) stable.

Particularly positive: the continued consolidation following the tech rallies of the previous months.

2. my savings plans & allocation 💶

My focus remains clear: managing liquidity and making targeted use of opportunities.

Since October, my new savings plan has been running on the Euro Overnight Rate Swap ETF (€ 500 per month) - as a flexible, interest-bearing "cash parking space" with daily liquidity and currently over 3.9 % return p.a. This allows me to keep capital ready to invest in quality shares in the event of setbacks.

3rd top mover in October 🟢

The month was led by IREN $IREN (-0,83 %)
(+25,8 %)which once again benefited from the massive demand for computing power for AI. Also Snowflake $SNOW (-0,94 %)
(+22,8 %) also made strong gains as investors increasingly focused on data-driven platforms again. The VanEck Uranium & Nuclear Energy ETF (+18.5 %) $NUKL (-1 %) rose significantly, driven by the ongoing global reassessment of nuclear energy as a stable and low-carbon energy source. Geopolitical tensions and supply bottlenecks provided an additional boost. While American Lithium (+15.4 %) was supported by positive industry news. Also CrowdStrike $CRWD (+1,87 %)
(+14 %) also impressed with strong demand in the cybersecurity segment and Datadog $DDOG (-0,74 %)
(+12,2 %) benefited from robust cloud spending by large companies.

4th flop mover in October 🔴

On the losing side was Ferrari $RACE (+0,89 %)
(-17,1 %)which was burdened by profit-taking and a more cautious outlook after a strong summer quarter. Tomra Systems $TOM (+1,88 %)
(-15 %) corrected after weaker volume growth, while Rheinmetall $RHM (+0,33 %)
(-14,1 %) suffered from geopolitical uncertainty despite a high order situation. Also Novo Nordisk $NOVO B (+0,81 %)
(-6,8 %) also fell further as regulatory risks surrounding GLP-1 once again came into focus. BYD $1211 (+0,92 %)
(-5,9 %) was volatile, weighed down by price pressure in China, while even Berkshire Hathaway $BRK.B (-0,42 %)
(-2,7 %) closed slightly in the red.

5. conclusion 💡

October showed: Rotation instead of rally. Techs with real profitability are gaining momentum again, while overheated stocks are consolidating.

With the overnight ETF, I am deliberately building up a strategic "interest rate anchor" in order to remain flexible in the coming months.

My focus remains clear: Quality, liquidity and long-term scaling.

❓ Question for the community:

Which stock surprised you the most in October - positive or negative?

👇 Write it in the comments!

$BNTX (+0,18 %)
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$N1CL34
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$SHOP (-0,37 %)
$RACE (+0,89 %)
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$DDOG (-0,74 %)
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$OPEN (-1,94 %)
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$MP (+2,46 %)
$TTD (+3,55 %)
$STNE (+2,28 %)
$SQ (+0,07 %)
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$IREN (-0,83 %)
$AFRM (-0,9 %)
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$CEG
$WEED (-1,15 %)

Ferrari ($RACE (+0,89 %)) is not a car manufacturer. Ferrari is a brand that transforms emotion into margins.

Italy's most valuable company stands for exclusivity, engineering skill and profitability at luxury level.

⚙️ What does Ferrari do?

➡️ Core competence: Development & production of luxury sports cars - combines motorsport DNA with modern technology and craftsmanship.

➡️ Segments: Cars & Spare Parts (road cars, spare parts) | Sponsorship & Brand (F1, merch, licenses) | Engines (for third parties, discontinued).

➡️ Regions: EMEA 46%, Americas 32%, Asia 22%.

➡️ Strategy: Limited production (~14,000 vehicles/year) → artificial scarcity → pricing power like LVMH.

💰 Figures & growth (Q2 2025)

📈 Turnover: € 1,787 million (+ 4.4% YoY)

📈 EBIT: € 552 million (+ 8.1%) → EBIT margin 30.9%

EBITDA: € 709 million (+ 5.9%) → EBITDA margin 39.7%

📈 Net profit: € 425 million (+ 2.9%)

📈 Free cash flow: € 317 million (+ 12%)

💡 Gross margin ≈ 52% | R&D ratio 6% | Net cash ≈ € 1 billion

📊 Valuation: EV/Sales ≈ 9 | P/E ratio ≈ 45 | P/B ratio ≈ 10

Rule of Luxury: Margins > 30% = absolute exception in the automotive sector 🚗💎

🟢 The opportunities

🟢 Brand power & exclusivity: Limited production creates scarcity → Luxury narrative instead of car narrative.

🟢 Pricing power: EBIT margin > 30% - comparable to Hermès & LVMH.

🟢 Tailor-made programs: Personalization (Atelier Ferrari) → high additional margins, low customer loyalty.

🟢 Hybrid offensive: > 20% hybrid share → first e-model 2026.

🟢 Formula 1 & brand power: Globally strongest car brand - every F1 win = marketing campaign.

🟢 Recurring revenue: Merch, Lifestyle, Ferrari Classiche secure steady sources of income.

🔴 The risks

🔴 Cyclicality & macro: Luxury demand dependent on wealth & economy.

🔴 Valuation: P/E ratio 45 - any decline in margins can be heavily penalized.

🔴 Technological change: E-mobility must not destroy the myth of the "Ferrari feeling".

🔴 Product mix: High dependence on a few models (SF90, 296, Purosangue).

🔴 Geopolitics: USA/China → tariffs, currencies, import requirements.

🔴 Luxury = expectation: Any quality defect → Reputational risk.

🔍 Conclusion & outlook

Ferrari remains the benchmark in the luxury car sector.

A company that turns exclusivity into margins - cyclical in the short term, structurally strong in the long term.

🎯 Long-term target 2030: turnover € 9 billion | EBIT margin ≥ 30%

🔋 First fully electric model 2026 | > 60% hybrid by 2030

🏁 New growth drivers: Icona, Purosangue, EV-Line

💬 Community question:

Ferrari - fairly valued for the next luxury cycle or already too expensive for 2026?

Here is a photo from my summer vacation, where I visited Ferrari World in Abu Dhabi.

$RACE (+0,89 %)
Ferrari is more than just a car manufacturer.

It is a brand, a myth - and a perfectly coordinated business model.

[1] I have just come across a really interesting article on X - I find it interesting:

Many people immediately think of fast cars, Formula 1, V12 engines when they think of Ferrari ...

But what if I told you:

Ferrari is not a car manufacturer - Ferrari is a luxury company that happens to build cars.

This is exactly what a recent article on X describes with the title:

"Ferrari isn't a Carmaker. It's a Luxury Business That Happens to Make Cars."

And honestly? There's no better way to put it.

Classic car manufacturers are all about cycles, stock levels and discounts.

Ferrari is in a completely different league.

Around 75% of all sales come from existing customers - and that's no coincidence.

If you want a new Ferrari, you can't just order one.

You have to be invited.

Yes, that's right - Ferrari chooses its buyers!

And the brilliant thing about it:

Ferrari deliberately limits production - to around 14,000 vehicles per year.

This keeps demand high, supply scarce and ensures an explosion in desirability.

This creates a highly profitable secondary market, which Ferrari strategically controls via its dealer network and service offering.

This is not car production - this is luxury brand experience at the highest level.

And the best part:

Every vehicle is now 100% customizable.

Every Ferrari is unique, which not only delights customers, but also drives margins even higher.

In short:

Ferrari doesn't sell cars - Ferrari sells exclusivity.

And that is precisely what makes this brand unique - and from an investor's point of view: so profitable.

And the article continues :

Ferrari knows exactly what it sells: Emotion.

You don't sell a 500,000 dollar super sports car on battery range.

You sell it on sound, soul and rarity.

As long as the battery technology can't deliver what really makes a Ferrari - that pure driving experience

that pure driving experience, that goosebump moment - it makes no sense to electrify at any price

Instead of blindly chasing the EV hype, Ferrari is taking a different path:

Focus on hybrid perfection now, and be patient until the moment is ripe for the first true "Ferrari Elettrica".

That is not weakness.

It is foresight.

Ferrari thinks in generations, not quarters.

I think the article actually says everything you need to know.

For me personally, the "sell-off" is somewhat exaggerated - and that is precisely what makes the share an exciting entry opportunity.

$AMZN (+0,69 %)
AMAZON

It's that time again today:

[2] Amazon publishes its third quarterly report for 2025.

And expectations are - as always - high:

What analysts expect

Most analysts expect a solid sales increase of 5.93%, i.e. sales of around USD 177.67 billion, compared to USD 167.7 billion in the same quarter of the previous year and expected EPS of USD 1.57 compared to USD 1.68 in the previous year.

Amazon Web Services (AWS) in focus

The decisive factor will be whether AWS can accelerate its revenue growth again.

The margin trend is particularly important here - it was 32.9% in the last quarter.

Are they now rising again, or will they come under further investment pressure?

This is exactly what the market will be looking for.

Investments in AI and the cloud

Investments in AI and the cloud are also in focus

Amazon's massive investments in artificial intelligence and infrastructure.

Analysts want to see whether these investments are already reflected in rising sales or better margins - and how strongly Amazon can position itself against Microsoft Azure and Google Cloud.

AWS outage issue

Not to be forgotten: the AWS outage in October.

The market expects clear statements on how Amazon intends to avoid such disruptions in the future and what cost or trust effects have resulted from this.

If this is successful - and the management provides a strong outlook - Amazon could achieve a turnaround.

Because the foundations are right - now the share price just has to follow suit.

For the full analysis, watch the video on my YouTube channel - just click on the link! https://www.youtube.com/watch?v=L1jLAK7PI-4&t=97s

[1] https://x.com/hataf_capital/status/1976293180002783515/photo/1

[2] https://www.ig.com/en-ch/news-and-trade-ideas/Amazon-Q3-2025-earnings-preview-251021