Carvana Co.

Carvana is expanding into new-car sales by acquiring brick-and-mortar dealerships while maintaining its online-only sales strategy. The company's Arizona dealership sold over 700 vehicles in May, dramatically exceeding the previous average of 30-50 sales. By leveraging its online platform and focusing on high-margin services like financing and pa...

CrowdStrike Holdings completed a 4-for-1 forward stock split on July 2, 2026, reducing its share price from ~$700 to ~$175 to make shares more accessible to retail investors. The AI-powered cybersecurity company has surged over 1,100% since its 2019 IPO, driven by strong revenue growth, high customer retention rates, and widespread adoption of it...

Despite Carvana's impressive Q1 2026 earnings with record unit sales and operational improvements, the stock has declined ~15% since the report. The primary headwind is restrictive Federal Reserve monetary policy keeping interest rates high, which disproportionately impacts Carvana's lower-FICO-score customer base who are more dependent on financ...

Carvana has executed a strategic pivot by acquiring brick-and-mortar dealerships to serve as service centers and test-drive hubs, rather than traditional sales locations. This move diversifies revenue streams by adding new-car sales and high-margin parts & service segments to its existing used-car and finance & insurance business. The company's f...

U.S. stocks traded higher midday Wednesday with semiconductor equipment names and small caps leading gains ahead of Fed Chair Kevin Warsh's first interest-rate decision. The Russell 2000 jumped 1.2% to a record high. Applied Materials surged 7% after Citi raised its price target, while Robinhood rallied 12.2% on strong trading volumes. Exchange o...