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CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
CarMax posted 19.5% revenue growth and an 80% EPS jump in fiscal Q2, plans to resume share buybacks in Q3, and shares rose over 5% as its turnaround strategy shows signs of traction.
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SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million That Used WhatsApp and Other Platforms to Lure Investors
The Securities and Exchange Commission today charged multiple entities that are likely operated by individuals located overseas for defrauding hundreds of retail investors, including many in the U.S., through so-called investment confidence scams where…
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CoreWeave Comes With Risks: Analysts Split on What Matters Most
CoreWeave shares rose after Oracle’s force majeure notice on a data center project, as JPMorgan upgraded CRWV while Rothschild initiated coverage with a Sell rating, citing debt concerns.
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