The Latest Breaking News from Carmax

Fuelled by robust demand, shifting consumer demands, and technological advancements, the auto industry is booming. So, let us discuss how fundamentally strong auto stocks Group 1 Automotive (GPI), Rush Enterprises (RUSHA), and Cars.com (CARS) might be poised for gains more than CarMax (KMX). Keep reading.

A stock market rally attempt started midweek, but it's not a confirmed uptrend yet. Nike, Costco, Amazon and Meta were newsmakers.

Used cars remain out of reach for many Americans, the CarMax earnings report showed.

The most traded-in brand for EVs was Toyota, with 12 percent, followed by BMW and Ford with 8 percent each.

The small-cap Russell 2000 improved but remains below its 200-day moving average.

Sales of new manual-equipped cars increased to 1.7% of the total market this year, up from 0.9% in 2021.

Carvana has shot up by a whopping 904% in 2023. Will the rally continue or does it have some steam left?

The second-quarter earnings season is about is about to get underway. The S&P 500 profits are expected to decline the most in three years.

Carnival topped quarterly views, but CCL stock was the S&P 500's biggest loser. Tesla stock was close behind.