Carvana rushes past dealers with digital model Carvana’s digital model rushes past dealers – Carvana (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) is accelerating its dealer shift driven by a digital, vertically integrated model as credit concerns ease and demand remains resilient. Needhams Mackenzie Holleran confirmed a Buy on Caravanna with a goal of $500. She said Carvana is leading the shift from traditional auto retailing to a digital, data-driven, capital-efficient, vertically integrated model. […]

Energy Outlook: Volatility, Technology Shifts, and Smart Investments – Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM)

Market uncertainty Redefines energy strategies This year, the energy sector has been in less than stable territory, with crude oil prices fluctuating due to a potent mix of trade disputes, supply chain upheavals and geopolitical unrest. From the Gulf of Mexico to the Middle East, traditional market cycles have given way to a deep restructuring […]

Lip-Bu Tan Was Really ‘Angry’ About the Balance Sheet: Intel CFO Reveals Trump Liquidity Plan, Nvidia Investments – NVIDIA (NASDAQ:NVDA), Intel (NASDAQ:INTC)

On Thursday, Intel Corp (NASDAQ:INTC) executives detailed how the company plans to leverage its improved cash position and liquidity following major investments from the Donald Trump administration, Nvidia Corp (NASDAQ:NVDA), SoftBank Group (OTC:SFTBF) (OTC:SFTBY) and others. Intel focuses first on reducing debt During Intel’s third quarter earnings call, Executive VP and CFO David Zinsner explained […]

Wall Street’s Cold Shoulder: EPS Gainers Underperform S&P 500 – Blackstone (NYSE:BX)

The market’s reaction to early corporate earnings this quarter was unusual, revealing an interesting disconnect between financial performance and investor reaction. Traditionally, when companies exceed earnings per share expectations, their stock prices tend to rise. Yet this earnings cycle tells a different story. Read next: Latest Beyond Meat short-seller? Martin Shkreli, of course Companies that […]

Crude oil rises 5%; American Airlines Shares Rise After Third Quarter Results – Garrett Motion (NASDAQ:GTX), American Airlines Group (NASDAQ:AAL)

US stocks traded higher towards the end of trading, with the Nasdaq Composite gaining 1% on Thursday. The Dow Jones rose 0.40% to 46,774.97, while the NASDAQ rose 1.00% to 22,968.42. The S&P 500 also rose, gaining 0.72% to 6,747.32. Check this out: The top two utility stocks you might want to dump this quarter […]

IMAX crushes profits, braves a collapsing Hollywood box office IMAX crushes profits, braves a collapsing box office – Imax (NYSE:IMAX)

IMAX Corp (NYSE:IMAX) shares rose Thursday after it reported third-quarter financial results. Here are the highlights. The details: IMAX reported quarterly adjusted earnings per share of 47 cents, destroying analysts’ consensus estimate of 38 cents. Quarterly revenue totaled $106.65 million, up 17% year over year and surpassing analyst consensus estimates of $105.16 million. Also read: […]

Why did iBio shares rise more than 11% in pre-market trading? -iBio (NASDAQ:IBIO)

iBio Inc. (NASDAQ:IBIO) is trading up 11.51% to $1.55 during Thursday’s pre-market session. View the current price of IBIO shares here. IBIO closed Wednesday’s regular session at $1.39, up 25.23%, according to Benzinga Pro facts. Company announces conference presentations The San Diego-based biotech announced Tuesday that its executives will present data on its obesity treatment […]

Trump warns that tariff regulation could ‘literally destroy’ the US: ‘We will struggle for years’ – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

President Donald Trump warned that the U.S. economy would face significant challenges if the Supreme Court rules against most of the tariffs imposed this year. Trump underlines the revenue and leverage of tariffs Trump, in an interview with Maria Bartiromo on ‘Sunday Morning Futures’ highlighted the importance of tariffs for both revenues and diplomatic clout. […]