CarMax Swings to Q4 Loss as Price Cuts Squeeze Margins — Shares Drop
CarMax posted a Q4 loss due to goodwill charges and weak used-car sales. Revenue slipped, shares fell 13%, cost-cut outlook.
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#Earnings Movers↓
Geopolitical Tensions & Hot Dealmaking Power Citigroup’s Best Quarter in a Decade
Citi beat forecasts with strong Q1: higher profits, record revenue, boosted trading, big shareholder returns, stock rose.
Record Trading Revenue Fuels JPMorgan’s Strong Q1 Earnings Beat Despite Market Volatility
JPMorgan profits rose on market volatility, trading surged, earnings beat forecasts, but CEO warned of global economic risks.
Record Profits at Goldman Sachs: Trading Surge and Deal Surge Drive Strong Q1
Goldman Sachs had a strong quarter with higher revenue, big trading gains, more deals, and $5.4B profit despite mixed markets.
TSMC Reports 35% Revenue Surge as AI Demand Stays Strong Despite Middle East War
TSMC sales jumped 35% as AI chip demand stays strong, easing fears of Middle East tensions slowing tech growth.
BlackBerry Beats Q4 Estimates, Raises Q1 Outlook as QNX Powers Turnaround
BlackBerry beats Q4 expectations, grows in cybersecurity & car software, QNX booming, shares jump, strong cash & future plans.