JPMorgan and BTIG Stand by Carvana After Gotham City Short Report
JPMorgan and BTIG maintain positive ratings on Carvana, disputing Gotham City Research’s short-seller claims and highlighting misrepresented data.
JPMorgan and BTIG maintain positive ratings on Carvana, disputing Gotham City Research’s short-seller claims and highlighting misrepresented data.
Royal Caribbean (RCL) reports strong Q4 2025 results with revenue hitting $4.26B and profit up 36%. Guest spending drives growth as company issues optimistic 2026 guidance.
Las Vegas Sands (LVS) reports Q4 profit jump to $395M with strong Singapore performance, but Macao disappointment triggers 10% stock drop on higher event and labor costs.
Tesla announces $2 billion investment in Elon Musk's xAI while reporting stronger-than-expected Q4 2025 earnings. Energy storage hits record highs as EV sales face headwinds.
Short-seller Gotham City Research claims Carvana's profits are artificially inflated through related-party transactions with DriveTime, predicting accounting restatements and auditor resignation.
VF Corporation beats Q3 revenue estimates with $2.88B sales, but warns of $100M tariff impact. North Face and Timberland grow 8%, while Vans struggles with 8% decline.