Palantir, DigitalOcean, Carvana, GoPro, and Yum China Stocks Trade Up, What You Need To KnowA number of stocks jumped in the afternoon session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
Carvana Announces Auction-IRC ‘Megasite’ Integration in Colorado Springs
Carvana Co. (
NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans for an auction and reconditioning ‘Megasite’ integration in Colorado Springs. This effort will bring Carvana’s Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Colorado Springs wholesale auction location while maintaining digital and in-lane auction operations on site. The integration will expand Carvana’s overall production capacity and enhance its offerings for both retail and wholesale customers in the area.
Atkore, SoundHound AI, Unity, Carvana, and ThredUp Shares Are Soaring, What You Need To KnowA number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible."
His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.
Carvana, Burlington, Floor And Decor, Urban Outfitters, and National Vision Shares Are Falling, What You Need To KnowA number of stocks fell in the afternoon session after President Trump criticized the Federal Reserve's approach to interest rate cuts, warning that the pace was slow and could hinder economic growth. Trump's comments added pressure to an already sensitive market, raising concerns about political interference in monetary policy.
Carvana, RH, Wendy's, Central Garden & Pet, and e.l.f. Beauty Shares Are Falling, What You Need To KnowA number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
ADESA Brings Simulcast to Upgraded Digital Platform and Mobile Apps
ADESA, a leader in wholesale auto auctions and subsidiary of leading online auto retailer Carvana (
NYSE: CVNA), today announced the launch of ADESA Simulcast on its upgraded digital platform and mobile apps. For many years, ADESA Simulcast has given wholesale buyers live, digital access to ADESA’s in-lane auctions across the country. With this launch, ADESA’s digital platform seamlessly integrates ADESA’s two flagship digital auction products alongside a growing range of value-added tools and features within a single, intuitive interface.
Carvana: Can Turnaround Strength Outdrive Market Headwinds?Carvana's financial health is improving due to operational changes, which has attracted more institutional investors despite changing market conditions.
Unpacking Q4 Earnings: Alphabet (NASDAQ:GOOGL) In The Context Of Other Consumer Internet StocksLet’s dig into the relative performance of Alphabet (
NASDAQ:GOOGL) and its peers as we unravel the now-completed Q4 consumer internet earnings season.
Carvana to Report First Quarter 2025 Results and Host Quarterly Conference Call on May 7
Carvana Co. (
NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its first quarter 2025 financial results for the period ended March 31, 2025, after the market closes on Wednesday, May 7, 2025. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results.
Q4 Earnings Roundup: Booking (NASDAQ:BKNG) And The Rest Of The Consumer Internet SegmentEarnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Booking (
NASDAQ:BKNG) and its peers.
Carvana Announces Auction-IRC ‘Megasite’ Integration in Phoenix Area
Carvana Co. (
NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans for an auction and reconditioning ‘Megasite’ integration in Phoenix. This effort will bring Carvana’s Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Phoenix wholesale auction location while maintaining digital and in-lane auction operations on site. The integration will expand Carvana’s overall production capacity and enhance its offerings for both retail and wholesale customers in the area.
