Faizan Farooque

1 week ago | ca.finance.yahoo.com | Faizan Farooque

CarMax (KMX, Financials) shares surged more than 6% Friday morning after the company posted better-than-expected first-quarter earnings, driven by the fastest growth in used-vehicle sales since 2021. The company's performance comes amid a shift in consumer behavior following the imposition of new auto tariffs by President Donald Trump in March. The 25% tariff on foreign-made vehicles and certain auto parts has disrupted the supply of new cars in the U.S., increasing demand for used vehicles.

1 week ago | sg.finance.yahoo.com | Faizan Farooque

Faizan Farooque Fri, 20 June 2025 at 5:18 pm GMT-5 1 min read In this article: CarMax (KMX, Financials) shares surged more than 6% Friday morning after the company posted better-than-expected first-quarter earnings, driven by the fastest growth in used-vehicle sales since 2021. Warning! GuruFocus has detected 4 Warning Signs with KMX. The company's performance comes amid a shift in consumer behavior following the imposition of new auto tariffs by President Donald Trump in March.

1 week ago | gurufocus.com | Faizan Farooque

Analog Devices (ADI, Financials) received a bullish upgrade from Cantor Fitzgerald, which raised its rating to Overweight and hiked the price target to $270 from $250, citing the company's strong positioning in the industrial sector. Shares last traded at $227.44, giving the stock a potential upside of nearly 19%. Cantor called Analog Devices “best-in-class” within the analog semiconductor group and its top long-term pick in the space.

1 week ago | gurufocus.com | Faizan Farooque

Nvidia (NVDA, Financials) and Foxconn are in talks to deploy humanoid robots at a new AI server manufacturing plant in Houston, marking a potential first for both companies in integrating human-like robotics into mass production, Reuters reported Friday, citing two unnamed sources. If finalized, the deal would be Nvidia's first use of humanoid robots in manufacturing and Foxconn's first AI server plant to utilize them on a production line.

1 week ago | gurufocus.com | Faizan Farooque

Norway plans to introduce a temporary ban on new cryptocurrency mining operations that rely on energy-intensive technologies, the government said Friday, citing electricity conservation and minimal economic benefits. “The Labour Party government has a clear intention to limit the mining of cryptocurrency in Norway as much as possible,” Karianne Tung, Minister for Digitalization and Public Administration, said in a statement.