CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan

CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan

A view of a CarMax dealership on April 10, 2025, in Santa Rosa, California. Justin Sullivan | Getty Images Shares of CarMax fell 9% Wednesday after the company beat Wall Street’s quarterly earnings expectations and its new CEO detailed a high-level turnaround strategy for the company. Here’s how the company performed in its first fiscal…

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SpaceX market cap tops  trillion after shares of Elon Musk's rocket company gain 19% on debut

SpaceX market cap tops $2 trillion after shares of Elon Musk's rocket company gain 19% on debut

SpaceX CEO Gwynne Shotwell and SpaceX executives ring the Opening Bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares soared on Friday, propelling the rocket company’s valuation above $2 trillion, as trading commenced on the Nasdaq after a record-setting initial public offering. The Elon Musk-led space company’s stock jumped more…

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SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs

SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s…

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Berkshire Hathaway, Warren Buffett sell 2.8 million DaVita shares

Berkshire Hathaway, Warren Buffett sell $182.8 million DaVita shares

OMAHA – and its controlling stockholder, Warren E. Buffett, reported the sale of a significant block of DaVita Inc. (NASDAQ:DVA) common stock. The transaction, which occurred on May 1, 2026, involved the disposition of 1,220,376 shares, totaling approximately $182.8 million. The shares were sold at a price of $149.8429 per share. Following this transaction, Berkshire…

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Sun Pharma shares jump 7% as India's largest drugmaker to buy U.S. firm Organon in .75 billion deal

Sun Pharma shares jump 7% as India's largest drugmaker to buy U.S. firm Organon in $11.75 billion deal

SHANGHAI, CHINA – NOVEMBER 05: People visit the booth of Organon during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. The 7th China International Import Expo (CIIE) kicked off in Shanghai on November 5. (Photo by Tang Yanjun/China News Service/VCG via…

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