By WSJ Staff

Ferrari (IT:RACE), $(RACE)$: Europe's most valuable automaker unveiled its first-ever electric vehicle Sunday, priced at $640,000 and designed in partnership with Apple alumnus Jony Ive. The company's Milan-listed shares slumped.

SoftBank Group (JP:9984): Shares of the Japanese conglomerate jumped 11% in Tokyo, bringing gains from its four-session rally to 56%. SoftBank has benefited from rising AI enthusiasm, thanks to its stakes in firms including OpenAI and semiconductor company Arm.

Dell Technologies $(DELL)$: Shares of the technology company jumped more than 4% premarket, on pace to build on Friday's 17% stock gain. Analysts are expecting an earnings beat when the company reports results Thursday.

Intel $(INTC)$, Micron Technology $(MU)$, Nvidia (NVDA), Marvell Technology $(MRVL)$: A wide swath of chip makers rose premarket, on pace to extend an AI-driven rally that has sent the S&P 500 climbing nearly 18% from its wartime lows.

AutoZone $(AZO)$, ZScaler (ZS): The two companies are among those reporting earning today.

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(END) Dow Jones Newswires

May 26, 2026 05:45 ET (09:45 GMT)

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