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Consumer Confidence Declines As Worries Over Economy Persist
Consumers are slightly more concerned over the economy this month as they assess current business and labor market conditions, according to data released Tuesday.The Conference Board said its Consume
Economist React To May Retail Sales Data: 'Consumer Spending Is Cooling In A Fairly Orderly Fashion'
U.S. retail sales for May fell short of expectations, concerning economists, as it could signal a slowdown in economic growth.The U.S. Census Bureau reported that sales ticked up 0.1% from April to Ma
Carvana Expects Surge In Used Car Demand On New Vehicle Oversupply
Online used car retailer Carvana Co (NYSE:CVNA) anticipates a surge in used car sales amid a potential oversupply of new vehicles, according to Chief Executive Officer Ernest Garcia III. Speaking at a
Spending Worries: Major Retailer Earnings to Shed Light on the State of the Consumer
What's Going On With Carvana Stock Today?
Carvana Co. (NYSE:CVNA) shares are trading slightly lower in the morning session on Thursday.Yesterday, after the closing bell, the company shared a Letter of Interpretation from the National Highway
Carvana's Strong Q1 Performance Attracts Analysts Praise, Stock Soars
Carvana Co. (NYSE:CVNA) shares are jumping today following yesterday's first-quarter FY24 results. Several analysts raised the price target on the stock.Carvana reported revenue of $3.061 billion, whi