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CarMax stock crashes after 'challenging' second-quarter earnings
CNBC Television· 2025-09-25 22:26
Shares of CarMax getting wrecked after reporting earnings in revenue that miss analyst estimates. The used vehicle retailer stock down almost 20% hitting levels not seen since March 2020. For more, let's bring in CNBC's Phil Labau. Phil, what happened? What' they say about this? Melissa, there was nothing good in this report. Really, when you look at the quarter, almost every key metric was poor. And even on the conference call, the CEO said month by month, the quarter got worse. Now, they believe they're b ...
X @The Wall Street Journal
Tesla’s Model Y was a game-changer in the auto industry. Now, BMW and Mercedes-Benz are fighting back. https://t.co/y9rEFGbPgq ...
X @The Wall Street Journal
The Hyundai raid and its fallout shocked the auto industry, and South Korea. Nowhere is that shock more apparent than in a place like Pooler, Ga., where a new Korean community had taken root. https://t.co/S63GTrsfZ7 ...
X @The Wall Street Journal
The Hyundai raid and its fallout has shocked the auto industry, and South Korea. Nowhere is that shock more apparent than in a place like Pooler, Ga., where a new Korean community had taken root. https://t.co/RfyYpPG5Bp ...
Trump is doubling down on the seriousness of tariffs, says Atlantic Council's Fred Kempe
CNBC Television· 2025-07-08 11:22
The deadline for reciprocal tariffs has been pushed to August 1st. The Trump administration already moving ahead with steeper trade tariffs. 14 letters have gone out to notify countries of the new levies.Join us now, Fred Kemp. He's a Renaissance man. He's Atlantic Council CEO and president and a CNBC contributor.Since you are a Renaissance man, I'm surprised we didn't book you uh maybe to talk about um peace breaking out somewhat in the Middle East and Netanyahu publicly stating that Trump should get the N ...