Ferrari Shares Dip on Long-Term Outlook, Silver Hits Record High, and BOJ Urged to Exercise Rate Caution

Key TakeawaysFerrari (RACE) shares dropped 5.9% after the luxury automaker outlined a 2030 adjusted EBITDA target of at least €3.6 billion, despite simultaneously upgrading its 2025 guidance and announcing an increased dividend payout of 40% of net profit starting in 2025.Spot silver surged to a new record high of $49.58/oz, indicating strong investor demand for precious metals amid global uncertainties.An adviser to Japan's Takaichi and Honda suggested the Bank of Japan should exercise caution regarding fu ...