(Reuters) -Carvana ( CVNA ) forecast annual core profit above analysts' expectations on Wednesday, driven by strong demand for its used vehicles and improved inventory management, which helped the used-car retailer protect its margins. Shares of the company were up 11% in aftermarket trading. During the pandemic, used car retailers such as Carvana ( CVNA ) increased their vehicle inventory,...

WASHINGTON, July 31 (Reuters) - The National Highway Traffic Safety Administration said Wednesday it still believes 51 million air bag inflators in 49 million U.S. vehicles assembled by 13 automakers pose serious safety risks despite objections from the auto sector. The issue has been linked to one U.S fatality and seven injuries following an eight-year government investigation. If the recall...

July 31 (Reuters) - EBay ( EBAY ) forecast third-quarter revenue below Wall Street estimates on Wednesday, a sign that demand is slowing down for collectible items, luxury handbags and watches. The e-commerce platform expects revenue for the quarter between $2.5 billion and $2.56 billion, compared to analysts' estimate of $2.54 billion. ...

04:16 PM EDT, 07/31/2024 (MT Newswires) -- Qualcomm ( QCOM ) reported fiscal Q3 non-GAAP diluted earnings Wednesday of $2.33 per share, up from $1.87 a year earlier. Analysts polled by Capital IQ expected $2.26. Revenue for the quarter ended June 23 was $9.39 billion, up from $8.45 billion a year ago. Analysts surveyed by Capital IQ expected $9.22 billion....