cars

Analysts at Morgan Stanley sparked a shakeup across auto stocks Wednesday as the firm moved to the sidelines on automakers and turned more positive on dealers and parts companies. What Happened: Morgan Stanley analyst Adam Jonas downgraded Ford Motor Co (NYSE:F), General Motors Co (NYSE:GM) and...

Electric cars continue to sell, but the industry must address critical infrastructure issues to support wider adoption, according to Erin Keating, executive analyst at Cox Automotive. Speaking at Thursday’s AutoRevolution: The Future of Mobility and EVs virtual event, Keating discussed the...

Copart Inc. (NASDAQ:CPRT) shares are trading lower after the company reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.  The Details: Copart reported quarterly earnings of 33 cents per share, which missed the analyst consensus...

Although Toyota Motor Corp (NYSE:TM) has been one of the slowest legacy automakers to develop electric vehicles, it reportedly might be the first to eliminate cars powered solely by gasoline. Nearly 30 years after introducing the Prius, its groundbreaking gasoline-electric hybrid, Toyota plans to...

Carvana Co (NYSE:CVNA) reported second-quarter financial results Wednesday after the bell. Here’s a rundown of the report. Q2 Earnings: Carvana reported second-quarter revenue of $3.41 billion, beating the consensus estimate of $3.244 billion, according to Benzinga Pro. The...

Toyota Motor Corp (NYSE:TM) received a correction order from Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), urging drastic reforms to ensure proper certification operations. The order comes after the Japanese government’s on-site investigation revealed improper...

Researchers at the School of Public Health at the University of Colorado’s Anschutz Medical Campus are looking into the effects of cannabis on driving performance. This study, spanning two years, recruited more than 200 participants aged between 25 and 55 to understand the multifaceted...

Semiconductor stock Advanced Micro Devices (NASDAQ:AMD) was among the technology stocks that fell Wednesday on the heels of earnings reports from Tesla Inc (NASDAQ:TSLA) and Alphabet being dissected by investors. What Happened: AMD stock is now down year-to-date after Wednesday's decline. The drop...

General Motors Co (NYSE:GM) shares are trading lower after-hours Wednesday following Ford Motor Co.'s (NYSE:F) second-quarter earnings release.  The Details: Ford shares are dropping after the company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents...

NVIDIA Corp. (NASDAQ:NVDA) has been the standout tech stock of the past year, leading the Nasdaq 100 index in the performance ranking. The chipmaker giant has seen an astounding 186% surge since the end of May 2023, fueled by skyrocketing demand for chips in artificial intelligence development....

Carvana Co. (NYSE:CVNA) experienced a dramatic surge on Thursday, with its stock leaping by 33% after reporting first-quarter earnings that surpassed expectations. This jump pushed Carvana’s annual gain to over 1,500%, significantly deepening the financial squeeze on short sellers. As...

Carvana Co (NYSE:CVNA) reported financial results for the first quarter Wednesday after the bell. Here’s a look at the key metrics from the quarter. Q1 Earnings: Carvana reported first-quarter revenue of $3.061 billion, which beat the consensus estimate of $2.673 billion, according...

Nissan Motor Co Ltd (OTC:NSANY) (OTC:NSANF) revised its financial forecast, first made on Feb. 8, 2024, for the full fiscal year ending March 31, 2024. The carmaker slashed its annual operating profit forecast to 530 billion yen ($3,428,268,430) from the previous guidance of 620 billion yen ($4,010...

Online used car company Carvana Co (NYSE:CVNA) is set to report fourth-quarter financial results after market close Thursday. Here are the key earnings estimates from analysts, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Carvana to report fourth-quarter...

The pickup king, Ford Motor (NYSE: F), is considering a shift in EV strategy as even the electric version of its best-selling pickup, F-150 wasn’t enough to fuel Ford into the electric future. Although Ford topped estimates with its fourth quarter results and guided for a strong year ahead,...