CNBC's Phil LeBeau reports on shares of CarMax plummeting after the auto retailer reported its second-quarter earnings.

Wall Street stumbled to a third straight loss on Thursday as U.S. stocks gave back more of their big gains for the year so far. The S&P 500 fell 0.5% and marked its longest ...

Consumer companies rose after surprisingly strong spending growth fueled gross-domestic product increase. Used-home sales ticked down 0.2% from the prior month to a seasonally-adjusted annual rate of ...

Stocks have come a long way in a short time since April and remain near all-time highs as the end of the third quarter approaches.

Live Updates Live Coverage Has Ended Get The Best CarMax Live Earnings Coverage Like This Every Quarter Get earnings ...

On Wall Street, CarMax tumbled 22.3% after the seller of used autos reported a weaker profit for the latest quarter than ...

US stocks fell as jobless claims dropped and investors worried about interest rates. The economy grew faster in Q2, but some companies like Starbucks and CarMax reported challenges. Intel gained after ...

Ariel Investments, an investment management company, released its “Ariel Appreciation Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Following the initial ...

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