Shares of Carvana Co ( CVNA ) climbed in early trading on Thursday, after the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler analyst Alexander Potter reiterated a Neutral rating, while raising the price target from $105 to $151. Needham analyst Chris Pierce maintained a Buy rating,...

TORONTO, Aug 1 (Reuters) - Canadian labour union Unifor called on the federal government on Thursday to impose tariffs on all Chinese-made electric vehicles (EVs), EV batteries and other components, aligning it with some of the measures already proposed by the United States. In July, Canada began a public consultation process as it weighs imposing tariffs on Chinese-made electric vehicles,...

EVgo Inc. ( EVGO ) shares are trading lower on Thursday. The company reported earnings per share of 10 cents loss, in line with the street view. Quarterly revenues of $66.619 million (+32%) beat the street view of $59.369 million. Charging network revenue totaled $36.4 million in the second quarter, an increase of 146% year-over-year. Adjusted gross margin in the...

12:39 PM EDT, 08/01/2024 (MT Newswires) -- Roblox ( RBLX ) reported very strong Q2 results, but Chief Financial Officer Michael Guthrie's planned departure and certain investors' high bookings expectations dragged down the stock, Wedbush Securities said in a note Thursday. Analysts, including Nick McKay, said there were unreasonably high expectations for Q2 bookings, with some investors hoping for over...