Group 1 - Carvana reported adjusted Q3 earnings per share of $1.50, reflecting a 134% increase compared to the previous year [1] - Revenue for Carvana surged 55% to $5.65 billion, marking the second consecutive quarter of accelerating growth [1] - Despite strong earnings, Carvana's stock sold off late Wednesday due to pressure on margins [1] Group 2 - Carvana was highlighted as the IBD Stock of the Day, briefly surpassing a cup-with-handle buy point following an analyst upgrade to buy [2] - The stock market experienced fluctuations, with indexes swinging lower while Amazon rose ahead of earnings and Apple faded [4] - Carvana's stock surged 20%, topping its buy point as earnings soared [4]

Core Insights - Zebra Technologies is a key player in the industrial products sector, specializing in barcode printing, mobile computing, and data capture, and is focused on maintaining its competitive edge through innovation and strategic investments [1] Investment Outlook - Truist Financial has set a price target of $331 for Zebra Technologies, indicating a potential upside of nearly 20% from its current trading price of approximately $276, reflecting confidence in the company's market position and growth prospects [2] - Asset Management One Co. Ltd. increased its holdings in Zebra Technologies by 1.7% during the second quarter, now owning 21,676 shares valued at around $6.7 million, showcasing strong belief in the company's future performance [3] Investment Activity - Other investors, such as Trust Co. of Toledo NA OH and Zions Bancorporation National Association UT, have initiated new positions in Zebra Technologies, with investments valued at approximately $25,000 and $27,000 respectively, indicating growing interest in the company's potential [3] Stock Performance - Zebra Technologies' stock is currently priced at approximately $274.53, with a slight increase of 0.08% or $0.22, and has experienced fluctuations with a daily low of $270.30 and a high of $277 [4] - Over the past year, the stock has seen a high of $427.76 and a low of $205.73, reflecting its volatile nature, and the company has a market capitalization of about $13.96 billion with a trading volume of 537,161 shares on the NASDAQ exchange [4]

you own it. Now, this is a stock that I believe is down 34% year-to date. So, if people are wondering why it's up on results that seem more disappointing versus expectations, some of the big tech names, perhaps it's being measured by a different standard, Stephanie.>> Oh, absolutely. Absolutely. Look, I mean, it's hard in general for this industry uh right now from a macro point of view.Um but they're doing the very best that they can. Uh I think that the expectations were for a negative comp uh for the qua ...

Meta said it expects total expenses to significantly increase in 2026, and will continue to invest at historic levels in artificial intelligence https://t.co/4e45ME6lwI ...

Market Overview - The market is experiencing record highs, driven by significant events such as the Fed decision and Nvidia reaching a $5 trillion market cap [1][12] - There is a notable concentration of performance among a narrow set of technology stocks, leading to perplexity among portfolio managers [2][3] Performance Discrepancies - The S&P 500 is outperforming the S&P equal weight index, indicating a disparity in market performance [3][10] - The recent trading day saw the S&P close up 0.23% with a net advanced decline line of -294, marking the worst breadth day for an up day since 1990 [10][11] AI Influence - Companies that adopt AI are seeing productivity increases, which may lead to a positive halo effect, although the overall market breadth remains weak [7][8] - The discussion highlights the potential for AI to drive performance in selective companies, despite concerns about broader market implications [7][8] Economic Cycle Considerations - There is a debate about whether the market is in a late cycle phase, with some arguing that the current economic indicators do not align with typical late cycle behavior [19][21] - The market appears detached from economic realities, with cooling economic activity not reflected in stock performance [24][25] Future Outlook - The upcoming earnings reports from major companies are anticipated to influence market dynamics, with a focus on large-cap stocks [12][18] - The potential for rising unemployment and its impact on consumer spending is a significant concern for the market moving forward [9][26]

Layoffs - Amazon to cut 14,000 jobs [1] Technology Trends - Microsoft calls AI 'labor-reducing tech' [1]

The federal government has been shut down for nearly a month, and the economic effects are mounting. IBM vice chairman and former NEC director Gary Cohn discusses the health of the economy, corporate earnings, and how the AI boom is reshaping the labor market. Then, early voting is underway in the New York City mayoral race. CNBC’s Robert Frank reports on the billionaires and businesses that are spending millions to defeat Zohran Mamdani. Plus, CNBC’s Kristina Partsinevelos has the latest on AI-related layo ...

Here is the question of the morning. Are AI layoffs real or are they a scapegoat for what's going on uh in the employment picture in this country. Christina Partzine joins us now with that story.Good morning. >> Good morning, Andrew. Well, Amazon, Cheg, Microsoft, Meta, Salesforce, the list continues.Tech companies just are cutting tens of thousands of jobs and some of them some of them are blaming AI. But at Nvidia's GTC in DC yesterday, top CEOs were telling us something completely different about what's ...

Here is the question of the morning. Are AI layoffs real or are they a scapegoat for what's going on uh in the employment picture in this country. Christina Partzine joins us now with that story.Good morning. >> Good morning, Andrew. Well, Amazon, Cheg, Microsoft, Meta, Salesforce, the list continues.Tech companies just are cutting tens of thousands of jobs and some of them some of them are blaming AI. But at Nvidia's GTC in DC yesterday, top CEOs were telling us something completely different about what's ...

Core Insights - Alger Weatherbie Specialized Growth Fund's third-quarter 2025 investor letter indicates that equity markets are on an upward trend, with the S&P 500 Index increasing by 8.12% during the quarter [1] - The fund's Class A shares underperformed compared to the Russell 2500 Growth Index in the same period [1] - Impinj, Inc. (NASDAQ:PI) is highlighted as a key stock, showing a one-month return of 30.51% and a 52-week gain of 17.95% [2] Company Performance - Impinj, Inc. reported a market capitalization of $6.862 billion as of October 28, 2025, with shares closing at $235.89 [2] - The company specializes in RAIN RFID technology, which aids in item tracking across supply chains, and is well-positioned for growth as item-level tracking adoption increases [3] - Impinj's fiscal second-quarter results exceeded expectations, contributing positively to its stock performance, alongside an improved outlook for the third quarter [3] Financial Metrics - Impinj, Inc. recorded revenue of $97.9 million for the second quarter, marking a 32% sequential increase but a 4% year-over-year decrease [4] - The company is experiencing ongoing progress with large enterprise rollouts and pilot programs in food and grocery sectors [3]