Carvana shares surged premarket following its robust first-quarter 2024 results yesterday, driven by significant growth in retail units, improved adjusted EBITDA, and strategic focus on enhancing vehicle reconditioning and inventory rebuilding.
Nvidia's blowout earnings and optimism about AI-fueled growth sent the chipmaker's stock soaring and boosted broader market sentiment, with major U.S. stock index futures pointing higher this morning. Electric vehicle makers Rivian and Lucid are bucking the trend. Here’s what investors need to know today.
Cloudflare Inc (NYSE:NET) shares are trading higher in Thursday’s after-hours session following the company reporting better-than-expected financial results. Q4 Revenue: $362.47 million, beat estimates of $353.1 million Q4 EPS: 15 cents, beat estimates of 12 cents Revenues were up 32% on a year-over-year basis. Operating cash flow came in at $85.4 million, and free cash flow was $50.7 million during the quarter. The company ended the quarter with $1.67 billion in cash, equivalents and available-
Uber Posts First Annual Profit Since Its IPO The company s latest results mark an end to the growth-at-all-costs era.
Alibaba Boosts Stock Buybacks as Profit Slumps The Chinese.
CVS Health Cuts 2024 Guidance Due to Higher Medical Costs The healthcare company s revised earnings projections are likely to add to investor uncertainty about the Medicare Advantage business..