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Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations

Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations

Business News

A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street’s third-quarter expectations. Here’s how the company performed in the third quarter, compared with average estimates compiled by LSEG: Earnings per share: 64 cents vs. 25 […]

Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations Read More »

Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther

Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther

Business News

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June 19, 2023.  Nathan Laine | Bloomberg | Getty Images Airbus said Wednesday that it has handed over its first extra-long-range narrow-body aircraft, the A321XLR, marking another step in an era of smaller

Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther Read More »

billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

Business News

Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Courtesy: ArX Creative A team of developers including Related Group is launching a $2 billion development at the largest marina in Fort Lauderdale, Florida, aiming to create a “mini Monaco,” according to executives. The new development at the Bahia

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’ Read More »

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues

Business News

New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.  Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs —

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues Read More »

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions

Business News

CEO Jason Kim in the company’s lunar mission control center. Firefly Aerospace Jason Kim just nabbed one of the most coveted yet high-pressure C-suite gigs in the space industry. As the new CEO of rocket and spacecraft builder Firefly Aerospace, he’s no longer under the Boeing umbrella after leaving his previous role leading their satellite-making

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions Read More »

Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects

Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects

Business News

A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT — Ford Motor is set to report its third-quarter earnings after the bell Monday. Here is what Wall Street is expecting, according to average estimates compiled by

Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects Read More »

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