The Latest Breaking News from Carvana

The company is well-positioned to benefit from structural changes in the auto industry, especially as consumers gravitate toward the used car market.

With broad-based indexes selling off on Thursday, April 3, investors are looking for any safe havens in the market.

Amazon, the American e-commerce giant, wants to enter the used car market—with a twist. Late last year, Amazon partnered with Hyundai to sell new cars online without having to visit a dealership, but now the company is working to become a rival to Carvana.

Carvana is getting into the new car business. The company has been selling used cars online since its inception in 2012, but it has just acquired its first new car dealership. The company bought a Stellantis retailer in Arizona where it’s based, expanding into a new segment after nearly going…

The major indexes faded after the S&P 500 hitting highs. Growth plays like Palantir and Axon dived. Alibaba soared.

Jenkins is focused on three big goals for 2025.

The major indexes fell modestly while big winners tumbled. Nvidia is holding up. MercadoLibre led key earnings late.

A significant pullback in Carvana stock could present a buying opportunity for long-term investors as the company is poised to expand its market share.

The Dow Jones dropped Thursday on higher-than-expected weekly jobless claims. Carvana and Walmart plunged on earnings.