Look out below in shares of Carvana (CVNA). After the bell on Wednesday, the used automobile seller posted Q4 results.
Carvana posted a 58% increase in revenue to $5.6 billion. Despite the record high that beat expectations, the firm lost $244 in gross profit per vehicle. This worsened to -$3.54 on an adjusted basis. Its adjusted EBITDA topped $511 million, while the adjusted profit rose to $4.22 a share, compared to $0.56 last year. Still, the results last year included a one-time charge.
Booking Holdings (BKNG) posted a 15.5% Y/Y increase in revenue, to $6.35 billion. The guidance for 2026 is equally impressive. The firm expects to achieve EPS growth in the mid-teens. FCF yield is also attractive, after FCF more than doubled to $1.4 billion in the quarter.
CEO Glenn Fogel remarked that the company advanced its use of generative AI to enhance the value that Booking delivers for both its travelers and partners. It also operated more efficiently through its Transformation Program.
In the technology sector, investors will watch Micron (MU), Amazon (AMZN), Applied Materials (AMAT), and Nvidia (NVDA). They led the advance in Nasdaq (QQQ) on Wednesday. Conversely, Palo Alto Networks (PANW) shares might rebound after the stock lost 6.82%. It closed at $152.35, 5.69% above its 52-week low.
