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The Latest Breaking News from Carmax

Should You Invest in CarMax (KMX) Stock Before Earnings?

Wall Street expects used car retailer CarMax (KMX) to post a year-over-year decline in revenue and earnings for the second quarter. Should one invest in the stock before its earnings results are reported? Read on to learn my view….

StockNews.com

CarMax Stock Plunges As Earnings Fall For Seventh Quarter In A Row

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

Investors Business Daily

Used Tesla Model 3 Buyers Are Trading In Honda Civics, Toyota Tacomas: Study

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

InsideEVs

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Stock Market Clings To Gains As 10-Year Yield Hits A High; Williams-Sonoma Soars

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

Investors Business Daily

More Manual Transmission Sales Indicates Shifting Trend In US Car Market

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

Motor1

Will Carvana Stock Continue to Defy Gravity?

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

Barchart

S&P 500 Q2 Earnings Are Expected To Be Worst In 3 Years

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.

Investors Business Daily

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S&P 500: Carnival, Tesla Headline Big-Cap Losers Monday

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

Investors Business Daily

CarMax Stock Soars As Earnings Smash Estimates; Online Rival Carvana Sinks

Strong cost management efforts from the leading used car retailer drove CarMax earnings. CarMax stock jumped.

Investors Business Daily

Stock Market Slides As Nasdaq Falls 1%; These IBD 50 Stocks Face Difficulties

The Nasdaq composite and small caps led losses in the stock market midday Friday.

Investors Business Daily

While Pricey, Tesla's Used EVs Are Most Popular: CarMax 2023 Report

CarMax recently published its 2023 EV Consumer Report, and it's packed full of compelling details. EVs are gaining popularity and prices have been fluctuating.

InsideEVs

Toyota Is The Most Traded In Brand For Used EVs: CarMax

Toyota owners are trading in their cars for used EVs more than owners of any other vehicle brand in the United States, according to a recent CarMax report.

InsideEVs

Here’s Why CarMax (KMX) Might Be Able to Surprise Investors

While CarMax enjoyed a significant bump up on Tuesday following a solid earnings print, KMX stock may benefit from normalization trends.

Barchart

From Marketing to Design, Brands Adopt AI Tools despite Risk

Even if you haven’t tried artificial intelligence tools that can write essays and poems or conjure new images on command, chances are the companies that make your household products are already starting to do so. Mattel has put the AI image generator DALL-E to work by having it come up…

Asharq Al-Awsat

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InsideEVs

Carmax Sold Over Half Its Tesla Inventory In 24 Hours

When Tesla dropped its prices last year, used Tesla prices began to drop notably. After the more recent price drop, pre-owned prices plummeted and sales soared.

Investors Business Daily

Used Car Prices Set Record Decline In December; CarMax Downgraded

CarMax stock earns another downgrade, after used car prices take record year-over-year drop in December.

Investors Business Daily

Stock Market Struggles As Tesla Dives, Micron Hits Chips; Nike, FedEx Strong: Weekly Review

The stock market was mixed, with Tesla still plunging and Micron results hitting chip names. Nike jumped on earnings.

Investors Business Daily

Dow Jones Futures Await Fed's Favorite Inflation Report; Tesla Rises On Elon Musk Pledge

Tesla and chips led sharp market losses Thursday, despite a late bounce. TSLA rose late as but Elon Musk said no more share sales for now. The Fed's favorite inflation report looms.

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Investors Business Daily

KMX Stock Dives As Used Car Price Bubble Unwinds

KMX stock dived Thursday after Q3 earnings deeply undercut analysts' target. Used car prices are falling.

Investors Business Daily

Dow Jones Dives After GDP, Jobless Data; CarMax Plunges On 'Vehicle Affordability Issues'

The Dow Jones dived more than 400 points Thursday after first-time jobless claims and GDP. CarMax plunged on "vehicle affordability issues."

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 3, 2022

Upgrades

Benzinga

Worthington Industries, CarMax And Other Big Losers From Thursday

U.S. stocks closed lower with the Nasdaq Composite dropping more than 300 points on Thursday. Here is the list of some big stocks recording losses in the previous session.

Investors Business Daily

Dow Jones Futures: Treasury Yields Fall With Inflation Data Due; Nike Dives On Inventories

Futures signaled a new bounce as Treasury yields fell ahead of the Fed's favorite inflation gauge. Nike plunged on inventory woes.

Investors Business Daily

Stock Market Breaks Lows; Dow Down 500; Peloton Sinks After Dick's Deal

The stock market sold off as investors fear a more aggressive Fed after a big drop in unemployment claims. Exercise stock sinks on the news.

Investors Business Daily

Dow Jones Pares Early Losses; Warren Buffett's Fund Makes Low-Volatility List; Meme Shares Plunge; Bitcoin Flashes

Major indexes gave up Wednesday's gains on strong job data. The Dow Jones Industrial Average pared back some of today's early losses of 2% and was off 1.2% at noon ET. The Nasdaq also traded slightly above morning's lows, down 2.5%, while the S&P 500 moderated its decline to 1.7%.…

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