Carvana Crushes Q1 2026: 40% Sales Jump, $405M Profit, and Shares Surge
Carvana had a record Q1: sold 187k cars (+40%), revenue $6.4B, strong profit, fast growth, expects better Q2; stock up.
Carvana had a record Q1: sold 187k cars (+40%), revenue $6.4B, strong profit, fast growth, expects better Q2; stock up.
Qualcomm beats expectations, shifts beyond phones as auto & AI grow, but weak smartphone demand still weighs on outlook.
Alphabet beat expectations as revenue and profits surged, driven by fast-growing AI and cloud demand.
Meta is spending more on AI, beating revenue expectations, growing users, but faces legal risks and investor concerns over rising costs.
Microsoft beat earnings with strong cloud and AI growth, but high spending and a weak outlook disappointed investors; shares fell.
Amazon beat earnings/revenue forecasts; AWS AI demand surged. Stock rose after-hours despite weak cash flow outlook and high AI investment.