Carvana

Major U.S. indices closed higher on Wednesday, with the Dow Jones Industrial Average and the S&P 500 each gaining nearly 0.2% to reach 44,627.59 and 6,144.15, respectively. The Nasdaq inched up 0.07% to finish at 20,056.25. These are the top stocks that gained the attention of retail traders...

Online used car retailer Carvana (NYSE:CVNA) has reportedly introduced a new initiative that allows customers to avail of up to $4,000 discount at the time of purchase on used EVs and plug-in hybrids eligible for tax incentives. What Happened: Instead of waiting for tax refunds, customers can now...

Wednesday saw a mixed performance in major U.S. indices. The Dow Jones Industrial Average closed the day with a 0.2% increase at 37,903.29, while the S&P 500 finished lower by 0.3% at 5,018.39. Similarly, the Nasdaq ended the day down 0.33% at 15,605.48. These are the top stocks that gained the...

Major U.S. stock indices ended Thursday in the green with the Dow Jones Industrial Average closing higher by 1.2% at 39,069.11. The S&P 500 rose 2.1% at 5,087.03, while the tech-heavy Nasdaq gained nearly 3% at 16,041.62. These are the top stocks that gained the attention of retail traders and...

The leading stock performers in 2023 were biotech firm Soleno Therapeutics Inc (NASDAQ:SLNO) and online used-car retailer Carvana Co (NYSE:CVNA), both of which achieved remarkable gains throughout the year. What Happened: The two companies outperformed the ‘Magnificent Seven...

U.S. stocks saw an uptick as trading closed on Thursday. The Dow Jones Industrial Average rose by 1.7% to 33,839.08, while the NASDAQ Composite Index climbed 1.78% to 13,249.19. The broader S&P 500 Index also gained, rising 1.89% to 4,317.78. These are the top stocks that gained the attention...

U.S. stocks ended Thursday in the green. The Dow Jones rose by over 330 points or 0.96% to 34,907.11. The NASDAQ and the S&P 500 also witnessed a rise, with the former increasing by 0.81% to 13,926.05 and the latter gaining 0.84% to 4,505.10. These are the top stocks that gained the attention...

After skyrocketing since the outbreak of COVID-19, used car prices have finally started to ease, raising early hopes that a bubble is starting to wane. Investors keep tabs on a number of well-known used vehicle stocks, including CarMax Inc. (NYSE: KMX), Lithia Motors Inc (...

This weekend's Barron's helps investors identify stay-at-home stocks that still have room to run. Other featured articles discuss ways investors can hedge against inflation and an investing strategy that brings growth and reasonable yield. Also, see the prospects for a home appliance maker...

Automotive stock valuations make a lot of sense based on today's industry environment, BofA Securities analyst John Murphy told CNBC Wednesday.  It's an interesting time for autos, Murphy told CNBC co-host Andrew Sorkin: production has been restrained due to supply shortages and demand...

This weekend's Barron's cover story examines how consumer spending will affect the economic recovery. Other featured articles offer energy stock and bond picks, as well as retail stocks poised to thrive. Also, the prospects for Warren Buffett's empire, a used car purveyor and an iconic...

Carvana Co (NYSE: CVNA) reported second-quarter earnings Tuesday that showed a slightly better-than-expected loss of 29 cents per share versus expectations of a 30 cent per share loss on on worse-than-expected revenue. Carvana confirmed it has secured $2 billion in financing from Ally...

Analysts at BMO Capital Markets initiated coverage of Carvana Co (NYSE: CVNA) with an Outperform rating and $15 price target as the company is well positioned to benefit from the upcoming e-commerce disruption within the used car industry. Carvana, the operator of an online marketplace for...

Since the beginning of the year, a number of retailers, biotech firms and natural resource companies have made their public debuts. Here are eight more that will join the 2017 IPO class this week: China Rapid Finance Ltd (XRF) will issue 10 million shares between $9.50 and $11.50 Thursday on the...