July 29, 2026 5:00 pm, EDT An employee unloads a vehicle from a flatbed truck at a Carvana vending machine location in Uniondale, NY (Angus Mordant/Bloomberg). key takeaways: Carvana reported record second-quarter adjusted EBITDA of $769 million on July 29, but shares fell 15% after hours as growth slowed and profits fell short of expectations.
July 14, 2026 2:17 pm, EDT Shares of Lucid Group Inc. sank on July 14 after a news report said the electric vehicle maker is working with a restructuring advisor and considering options that include filing for bankruptcy protection or going private. Following the report on the website for the trade publication, the stock fell
A Delta Air Lines jetliner at Denver International Airport. (David Zalubowski/Associated Press, File) July 6, 2026 4:45 PM, EDT key takeaways: A Delta Air Lines plane landed safely at Chicago Midway on July 4 after its pilot reported that the plane had experienced an explosion of fireworks while landing on July 4. The flight from
The statement from VW Group does not necessarily refute the rumors. All brands sitting under the corporate umbrella will have to ‘change deeply.’ The automotive group admitted that its “business model no longer works.” It feels like Porsche’s decision to move away from the Bugatti remake went largely unnoticed, when it really shouldn’t have. It
A FedEx truck at the New York Stock Exchange on June 1. (Michael Nagle/Bloomberg) June 25, 2026 4:33 pm, EDT key takeaways: Earlier this month, FedEx Corp. FedEx is pursuing freight data center infrastructure, grocery and healthcare businesses after being separated from FedEx. CEO John Smith said the company has created a dedicated sales force