Core Viewpoint - Carvana Co. (NYSE:CVNA) is identified as a strong investment opportunity for the next five years, with multiple analysts raising their price targets due to significant sales growth and positive market sentiment [1][2][3]. Group 1: Analyst Ratings and Price Targets - Citi raised Carvana's price target to $550 from $445 while maintaining a Buy rating, citing a 37% growth in November sales compared to 32% in October [1]. - Jefferies also increased its price target for Carvana to $550 from $475, maintaining a Buy rating, amidst a cautious outlook for internet stocks due to potential profit margin compression from heavy investments in new technologies [2]. - Morgan Stanley initiated coverage with an Overweight rating and a price target of $450, adopting a more defensive tone regarding the automotive sector, particularly concerning pure-play EV manufacturers [3]. Group 2: Sales Performance - Carvana's sales tracker indicated a notable increase in sales growth, reaching 37% in November, which reflects a positive trend in demand for the company's services [1]. Group 3: Market Context and Concerns - The automotive and shared mobility sector is experiencing a cautious outlook, particularly regarding the ongoing "EV winter" expected to last through 2026, which may impact valuations for companies not demonstrating long-term defensibility [3].

PRESS RELEASE Arcueil, December 18, 2025 Publication of the 2025 Universal Registration Document Aramis Group announces the publication of its 2025 Universal Registration Document (Document d’enregistrement universel 2025) for the year ended September 30, 2025. This document was filed with the French Financial Markets Authority (Autorité des marchés financiers) on December 18, 2025, under number D.25-0778. The 2025 Universal Registration Document notably includes: the Annual Financial Report; the Report ...

Uxin Limited (NasdaqGS:UXIN) Q3 2025 Earnings Call December 18, 2025 08:00 AM ET Company ParticipantsDai Kun - Founder and CEONone - TranslatorJohn Lin - CFOConference Call ParticipantsWenjie Dai - AnalystFei Dai - AnalystOperatorLadies and gentlemen, thank you for standing by, and welcome to Uxin's earnings conference call for the quarter ended September 30th, 2025. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a question-and-answer session. To ...

Shares of Carvana (NYSE:CVNA) trade near $460 today, and amazing rally from just $309 a share on November 21st. ...

Core Insights - Aramis Group achieved profitable growth in fiscal year 2025, consolidating its leadership in Europe with market share gains across most geographies, particularly in France, which saw double-digit growth and an EBITDA margin close to 5% [3][5][7] - The company reported significant improvements in adjusted EBITDA, net income, and cash generation, alongside a substantial reduction in net debt, positioning itself for sustainable growth [3][7][30][34] Financial Performance - Total revenues for FY 2025 reached €2,379.6 million, reflecting a 6.3% increase from FY 2024 [14][29] - Adjusted EBITDA rose to €67.8 million, a 34.3% increase compared to the previous year [30][62] - Net income quadrupled to €19.9 million from €5.0 million in FY 2024 [34][56] - Gross profit per unit sold (GPU) increased to €2,359, up 3.2% from €2,285 in FY 2024 [30][61] Market and Operational Highlights - B2C vehicle sales volumes grew by 6.1% to 119,109 units, with refurbished cars and pre-registered cars contributing to this growth [13][16] - The company maintained high customer satisfaction, achieving a Net Promoter Score (NPS) of 73, one of the best in the industry [7] - Significant operational improvements were noted, including a reduction in operating working capital to 21 days, down from 26 days in the previous year [36][39] Geographic Performance - France generated €1,038.1 million in revenue, an 11.0% increase, driven by both refurbished and pre-registered vehicle sales [15][22] - Belgium and the United Kingdom also showed strong revenue growth of 11.4% and 8.1%, respectively, while Austria experienced a decline of 14.9% due to management transitions [15][25][26] - Italy's revenue increased by 3.3%, with a notable turnaround in Q4 2025 leading to positive adjusted EBITDA [8][27] Strategic Initiatives - The company is focused on operational convergence and enhancing its technology and data platforms, including the rollout of an internal marketplace and new AI-driven applications [10][11] - Aramis Group aims to sell at least 115,000 B2C vehicles and achieve at least €55 million in adjusted EBITDA for FY 2026, with medium-term growth ambitions reaffirmed [48][45] Governance Changes - Following the departure of key management, the company is undergoing operational transitions to refocus on profitability and cash generation [9][49] - Silvia Vernetti has been appointed as a new director, representing Stellantis, enhancing the strategic partnership between the two entities [50][51]

Core Viewpoint - CarMax, Inc. is facing a class action lawsuit due to allegations of misleading investors about its growth prospects for fiscal year 2026, particularly following disappointing financial results for the second quarter [1][2][3]. Summary by Sections Company Overview - CarMax, Inc. is identified as the largest retailer of used vehicles in the United States [1]. Class Action Details - A class action was filed on behalf of investors who purchased CarMax securities between June 20, 2025, and September 24, 2025, alleging that the company misrepresented its growth potential [1]. - Shareholders interested in serving as lead plaintiffs must submit their papers by January 2, 2026 [4]. Allegations and Financial Impact - The lawsuit claims that CarMax overstated its growth prospects, attributing earlier growth to temporary factors such as customer speculation regarding tariffs [3]. - Following the release of disappointing financial results on September 25, 2025, CarMax's stock price dropped by $11.5 per share, or 20.07%, closing at $45.60, with an additional decline of 1.62% the following day [2].

Core Insights - Stocks fell on Thursday as Wall Street focused on corporate earnings [2] Qualcomm - Qualcomm's stock fell 4.76% after reporting fiscal fourth-quarter adjusted earnings of $3 per share on revenue of $11.27 billion, which exceeded expectations. The company anticipates fiscal first-quarter adjusted profit between $3.30 and $3.50 per share, with revenue projected between $11.8 billion and $12.6 billion, surpassing consensus estimates [3][5] AppLovin - AppLovin's stock rose 2.47% after reporting third-quarter earnings of $2.45 per share, beating estimates by 7 cents. The company's ad revenue reached $1.41 billion, exceeding expectations of $1.34 billion and marking a 68% increase year-over-year. For the fourth quarter, AppLovin expects revenue between $1.57 billion and $1.6 billion, higher than the $1.55 billion estimate [4] Arm Holdings - Arm Holdings' stock fell 2.54% despite reporting fiscal second-quarter earnings that surpassed analyst forecasts. The company expects adjusted profit of 41 cents per share on revenue of $1.23 billion for the current third quarter, exceeding Wall Street's expectations of 35 cents per share and $1.11 billion in revenue [6] Marvell Technology - Marvell Technology's stock rose 0.96% after reports that SoftBank Group explored a potential takeover of the chip company. The acquisition was intended to merge Marvell with Arm, but no agreement was reached [7] Tesla - Tesla's stock declined 4.94% as shareholders prepared for a vote on CEO Elon Musk's pay package during the annual meeting. The vote is expected to pass, although Norway's sovereign-wealth fund has publicly stated it will vote against Musk's compensation [7] Moderna - Moderna's stock gained 4.2% after reporting better-than-expected quarterly results, with a loss of 51 cents per share, which was narrower than the anticipated loss of $2.12. Revenue for the quarter was $1.02 billion, exceeding the $880 million estimate [8] DuPont - DuPont's stock rose 0.2% after the company reduced its full-year net sales forecast to $6.84 billion from $6.865 billion. The board authorized $2 billion in stock repurchases and declared a quarterly dividend of 20 cents per share [9] Airlines - Delta Air Lines, United Airlines, and American Airlines saw declines of 0.7%, 1.6%, and 1.4%, respectively, due to a 10% reduction in flight capacity at major U.S. airports amid a government shutdown affecting air-traffic controllers [10] Robinhood Markets - Robinhood's stock fell 7.7% despite reporting third-quarter earnings and revenue above analysts' expectations. However, transaction-based revenue of $730 million, a 129% increase year-over-year, missed projections [11] Snap - Snap's stock surged 16% after narrowing its third-quarter loss and announcing a $400 million deal with AI company Perplexity to integrate its technology into Snapchat. Revenue rose 10% to $1.51 billion, surpassing estimates [12] Datadog - Datadog's stock surged 19% after reporting third-quarter adjusted earnings of 55 cents per share, exceeding estimates of 45 cents. Revenue climbed 28% to $886 million, beating forecasts of $854 million [13] Celsius Holdings - Celsius Holdings' stock sank 23% due to concerns over the transition of its newly acquired Alani Nu business into PepsiCo's distribution network, which may impact inventory movements [14] CarMax - CarMax's stock tumbled 13% after announcing the departure of its CEO, Bill Nash, effective December 1. The board member David McCreight will serve as interim president and CEO while a search for a permanent replacement is conducted [14] DoorDash - DoorDash's stock declined 16% after missing third-quarter earnings expectations and announcing plans to invest several hundred million dollars more in new initiatives and platform development in 2026 compared to 2025 [15] Duolingo - Duolingo's stock plummeted 27% after forecasting fourth-quarter bookings of $329.5 million to $335.5 million, falling short of Wall Street estimates [15] E.l.f. Beauty - E.l.f. Beauty's stock sank 32% after issuing full-year guidance below Wall Street expectations, projecting adjusted earnings of $2.80 to $2.85 per share on sales of $1.55 billion to $1.57 billion, while analysts forecasted adjusted earnings of $3.53 on revenue of $1.65 billion [16]

分组1 - CarMax shares fell 20% after reporting lower-than-expected sales and profits for its fiscal second quarter, with CEO Bill Nash citing challenges such as demand pull-forward and inventory depreciation [3] - Intel shares rose 8.9% following reports of investment talks with Apple, marking a significant performance in the S&P 500 [4] - Jabil reported better-than-expected revenue and earnings per share, but its shares dropped 6.7% due to pressures in its automotive and renewable energy segments [5] - Oracle's stock received a "sell" rating from Rothschild Redburn, which believes the market is overly optimistic about Oracle's contracted cloud revenue, leading to a 5.6% drop in shares [6] - HSBC successfully conducted a bond trading trial using IBM's quantum computers, achieving a 34% improvement in trade execution predictions, while IBM shares increased by 5.2% [7] - Lithium Americas shares surged 23% after nearly doubling previously, driven by reports of potential government investment, as the company holds a majority stake in the Thacker Pass lithium mine [8] 分组2 - Major U.S. equities indexes declined for the third consecutive day, with the S&P 500 and Nasdaq down 0.5% and the Dow down 0.4% ahead of an upcoming inflation report [2] - The U.S. economy showed stronger growth than previously thought in Q2, which may influence market sentiment [9] - Starbucks is closing shops and cutting costs as part of its ongoing turnaround efforts [9]

Core Insights - CarMax reported results that fell short of analyst expectations regarding average selling prices and profit, with the CEO characterizing the quarter as challenging [1] Group 1: Financial Performance - The company missed analyst estimates on average selling prices, indicating potential pricing pressures in the market [1] - Profit figures also did not meet expectations, suggesting challenges in maintaining margins during the quarter [1] Group 2: Management Commentary - The CEO described the quarter as challenging, reflecting broader industry difficulties that may impact future performance [1]

Core Insights - AUTO1 Group successfully priced its second issuance of rated ABS notes, FinanceHero 2, with a total portfolio of EUR 249 million of German and Austrian consumer car loans [2][5] - The transaction features "AAA" rated senior notes and achieved a blended spread of 87bps across the Class A-E notes, with over 3.6 times oversubscription [3][5] - The issuance reflects AUTO1 Group's commitment to innovation in the public ABS market for car loans and aims to enhance refinancing efficiency [4] Transaction Details - The FinanceHero 2 transaction includes five classes of notes with the following preliminary ratings and sizes: - Class A: AAA/AAA, Size: €176.7 million, Coupon: 1mE + 0.64% - Class B: AA/AA-, Size: €20.0 million, Coupon: 1mE + 0.85% - Class C: A(high)/A, Size: €15.0 million, Coupon: 1mE + 1.30% - Class D: A(low)/BBB, Size: €12.5 million, Coupon: 1mE + 1.75% - Class E: BBB(low)/BBB-, Size: €12.5 million, Coupon: 1mE + 2.70% - Class F (Retained by AUTO1): NR/NR, Size: €12.5 million, Coupon: 4.50% [3] Company Overview - Founded in 2012, AUTO1 Group is Europe's leading digital automotive platform for buying, selling, and financing used cars, operating across three brands: wirkaufendeinauto.de, Autohero, and AUTO1.com [5][6] - The company generated revenue of EUR 6.3 billion and sold 690,000 cars in 2024, employing 6,300 people by the end of that year [6] - AUTO1 Group went public on the Frankfurt Stock Exchange in February 2021 and is part of the MDAX index [6]