The FTSE MIB edged up to close at 43,262 on Tuesday, supported by stronger-than-expected earnings. Ferrari gained 3.2% after reporting third-quarter results slightly above expectations and confirming its 2025 guidance presented at its capital markets day. Additionally, Lottomatica rose 3.3% after posting an 18% year-on-year increase in adjusted EBITDA to €195 million, supported by record online market growth. On the downside, STMicroelectronics lost 2.5% as the tech momentum from higher US stocks faded, and Stellantis fell 2.4% amid worker backlash and possible legal issues related to moving Jeep Compass production from Brampton, Canada, to the US. Leonardo (-2%), Snam (+1.4%), Generali (-1.2%), and Telecom Italia (-1.1%) will release results on Wednesday.