Carvana (NYSE:CVNA) has outperformed the market over the past 5 years by 17.65% on an annualized basis producing an average annual return of 34.95%. Currently, Carvana has a market capitalization of $27.60 billion. Buying $100 In CVNA: If an investor had bought $100 of CVNA stock 5 years ago, it would be worth $440.79 today […]

According to the American Association of Individual Investors (AAII), the bearish sentiment for the week stood at 52.2%, surpassing the bullish and neutral sentiments of the investors surveyed despite a drop in pessimism from the previous week. What Happened: In the latest installment of the AAII Sentiment Survey, a weekly measure of investor sentiment collected […]

Vaccine makers Moderna Inc (NASDAQ:MRNA) and Novavax Inc (NASDAQ:NVAX) are facing selling pressure on Wednesday following reports suggesting the Trump administration will end support for Gavi. What To Know: According to a New York Times report, The Trump administration plans to cease financial support for vaccine alliance Gavi, which helps buy vaccines for children in […]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Baird analyst Timothy Wojs downgraded the rating for The AZEK Company Inc. (NYSE:AZEK) from Outperform to Neutral and lowered the price target from $58 […]

As the sense of optimism spurred by the Federal Reserve’s recent decision to hold interest rates fades away the first quarter earnings could surprise investors, predicts a seasoned analyst. What Happened: The Fed’s forecast of two rate cuts this year, despite inflation not yet reaching the 2% target, has piqued investor interest. Dan Niles, founder of Niles Investment Management, in an […]

SoftBank Corp. (OTC:SFTBF) (OTC:SFTBY) has introduced a new generative AI model called the Large Telecom Model. The Japanese investment firm designed LTM to improve the design, management, and functioning of cellular networks. Built on extensive datasets from SoftBank’s network and years of operational expertise, the LTM is set to optimize telecom operations. The company intends […]

Warren Buffett-backed Chinese EV giant BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) is reportedly contemplating establishing a third assembly plant in Germany. What Happened: According to a report by Reuters, BYD is looking to expand its manufacturing footprint in Europe and is considering Germany for its third plant. This move comes after Germany, Europe’s largest economy, opposed […]

Ulta Beauty, Inc. (NASDAQ:ULTA) reported stronger-than-expected fourth-quarter financial results on Thursday. Ulta Beauty reported fourth-quarter revenue of $3.49 billion, beating the consensus estimate of $3.46 billion. The specialty beauty retailer reported fourth-quarter earnings of $8.46 per share, beating analyst estimates of $7.14 per share, according to Benzinga Pro. “I am incredibly optimistic about the future […]