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The Latest Breaking News from Carmax

Used-car dealers keep selling vehicles despite safety recalls. We found dozens for sale.

There’s no federal law to keep them from selling used vehicles with open, unaddressed recalls for defects that could kill you. What we found available might surprise you.

Chicago Sun-Times

Carvana Stock, CarMax Extend Losses After Amazon Enters Online Car Sales

Carvana Stock, CarMax Extend Losses After Amazon Enters Online Car Sales

In 2024, auto dealers for the first time will be able to sell vehicles on Amazon.com in the U.S.

Investors Business Daily

Carvana Stock Soars On Earnings Surprise, Key Profit Metric Swells

Carvana Stock Soars On Earnings Surprise, Key Profit Metric Swells

Used-car seller Carvana stock grew fast in the pandemic. Investors parsed through the Carvana earnings report for positive trends.

Investors Business Daily

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3 Auto Stocks With More Potential for Gains Than CarMax (KMX)

Fuelled by robust demand, shifting consumer demands, and technological advancements, the auto industry is booming. So, let us discuss how fundamentally strong auto stocks Group 1 Automotive (GPI), Rush Enterprises (RUSHA), and Cars.com (CARS) might be poised for gains more than CarMax (KMX). Keep reading.

Stock Market Rally Attempt Underway; Micron, Nike, Amazon, Meta In Focus: Weekly Review

A stock market rally attempt started midweek, but it's not a confirmed uptrend yet. Nike, Costco, Amazon and Meta were newsmakers.

Investors Business Daily

When Titans Falter: CarMax's Options Gamble and the Unforgiving Nature of Wall Street

Every gambler needs to know the house always wins, even the institutional investors as CarMax’s recently volatile session proved.

Dow Jones Gains As McCarthy Makes Shutdown Pledge; This Warren Buffett Stock Nears Entry

The Dow Jones rose as House Speaker Kevin McCarthy made a government shutdown pledge. A Warren Buffett stock is near an entry. Nvidia rose.

Investors Business Daily

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Dow Jones Reverses After Jobless Claims, Weak GDP; CarMax Dives On Earnings

Dow Jones Reverses After Jobless Claims, Weak GDP; CarMax Dives On Earnings

The Dow Jones reversed Thursday on initial jobless claims and weak GDP. Used-car retailer CarMax dived on earnings.

Investors Business Daily

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

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….

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

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

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.

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

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

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.

Will Carvana Stock Continue to Defy Gravity?

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?

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Investors Business Daily

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

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.

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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.

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.

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.

Asharq Al-Awsat

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…

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.

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