Cramer points to signs the economy is slowing that could bring rate cuts from the Fed

cnbc.com CNBC's Jim Cramer admitted it's been hard to "parse this economy," but on Tuesday he pointed to signs that it is slowing down, looking at several recent weak earnings…

CarMax: Is There a Silver Lining to the Earnings Car Wreck?

marketbeat.com CarMax Inc. NYSE: KMX is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling experience for customers.…

NBA Regular Season: Flat Ad Spend At $670M, Ratings Inch Up

mediapost.com NBA 2023-2024 regular-season advertising revenues on its national TV networks was virtually the same as a year ago on its four TV networks -- $670.5 million versus $671.0…

Financial Challenges Prompt Car Shoppers to Look to Secondhand Options

pymnts.com Economic challenges or no, consumers still need to get where they are going, and many are now opting for secondhand sellers when buying vehicles, unable to justify the price…

CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market

pymnts.com CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. “Fiscal 2024 was a challenging year…

Markets News, April 11, 2024: Tech Leads Stocks Higher as Investors Mull Mixed Inflation Data

investopedia.com Shares of tech giants Alphabet (GOOG; GOOGL) and Amazon (AMZN) were up about 2% late in the session Thursday, bringing both stocks within fractions of a percentage point of…

Stock market today: Wall Street rebounds following its slide as Big Tech takes the reins again

apnews.com Jumps for Big Tech stocks helped U.S. stock indexes claw back much of their slide from the day before, when worries that interest rates may stay high for a while rocked Wall…

Carmax Returns to the Bargain Basement: Buy the Dip?

marketbeat.com CarMax, Inc. NYSE: KMX shares are down a solid 10% following a weak Q4 earrings report and a revision in the long-term guidance. The company didn't lower its sales targets.…

Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more

cnbc.com Check out the companies making the biggest moves in premarket trading: CarMax — Shares sank 9% after the used-car retailer reported an earnings and revenue miss for its…

Stock market today: Wall Street still reeling after hot US inflation data foils rate cut hopes

abcnews.go.com Wall Street continued to reel after a hotter than expected inflation report sent stocks tumbling a day earlier Wall Street continued to reel Thursday from a hotter than…

CarMax’s stock drops after it misses analyst estimates for net income and revenue

marketwatch.com CarMax cited economic uncertainty as it extends its long-term sales target of 2 million units a year.

CarMax shares slip after delaying long-term target, Q4 results miss

finance.yahoo.com Pre-owned vehicles retailer CarMax missed analysts' estimates for fourth-quarter results and delayed a long-term financial target on Thursday, sending its shares down as…

Why Is Used Vehicle Retailer CarMax Stock Plunging Today?

benzinga.com CarMax Inc KMX shares are trading lower after the company reported a fourth-quarter FY24 sales decline of 1.7% year-on-year to $5.63 billion, missing the analyst consensus…

Stock market today: futures settle after inflation surprise sparks sell-off

aol.com None US stock futures settled on Thursday after slumping in response to hot inflation data on Wednesday. • None Headline price growth rose to 3.5% in March, slashing the…

These Stocks Are Moving the Most Today

barrons.com Alpine Immune Sciences is being acquired by Vertex Pharmaceuticals for $4.9 billion in cash, Costco boosts its quarterly dividend, and Constellation Brands, CarMax, and…