Carvana's Vague Growth Outlook

And, Toast's first profitable year.

February 20, 2025

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Today is Thursday, February 20, 2025.

The Early Bird Index today is 83.80

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Carvana's Vague Growth Outlook

Despite posting better-than-expected financial earnings results on Wednesday, the used car retailer Carvana (NYSE: CVNA) fell 9.95% in after-hours trading.

Financials: Carvana reported earnings of 56 cents per share and revenue of $3.5 billion in the past quarter; both were better than expected.

Early Bird’s Nest Egg Gains: The company said it expects “significant growth” in the current year but didn’t give a specific outlook. This vagueness is a problem because it creates investor uncertainty, raises questions about the valuation, and raises concerns about transparency.

Final Thoughts: Carvana’s stock is up over 400% in the last 12 months.

This tech company grew 32,481%...

No, it's not Nvidia... It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

Just as Uber turned vehicles into income-generating assets, Mode is turning smartphones into an easy passive income source, already helping 45M+ users earn $325M+ through simple, everyday use.

They’ve just been granted their stock ticker by the Nasdaq, and you can still invest in their pre-IPO offering at just $0.26/share.

*Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
*The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
*Please read the offering circular and related risks at invest.modemobile.com.

Notables

Notable Earnings Today: Walmart (NYSE: WMT), Booking Holdings (Nasdaq: BKNG), Rivian Automotive (Nasdaq: RIVN), Live Nation (NYSE: LYV), Block (NYSE: XYZ), Shake Shack (NYSE: SHAK), Five9 (Nasdaq: FIVN), TripAdvisor (Nasdaq: TRIP), Hasbro (Nasdaq: HAS), Alibaba Group (NYSE: BABA), Unity Software (NYSE: U), Newmont Corp (NYSE: NEM), Cameco (NYSE: CCJ), Texas Roadhouse (Nasdaq: TXRH), Dropbox (Nasdaq: DBX), Bilibili (Nasdaq: BILI), Birkenstock Holding (NYSE: BIRK), Choice Hotels (NYSE: CHH), Guardant Health (Nasdaq: GH), Cheniere Energy (NYSE: LNG), Alight (NYSE: ALIT), Akamai Technologies (Nasdaq: AKAM), AMN Healthcare (NYSE: AMN), Ardelyx (Nasdaq: ARDX), Autohome (NYSE: ATHM), Baxter (NYSE: BAX),  BigCommerce (Nasdaq: BIGC), BJ Restaurants (Nasdaq: BJRI), Builders FirstSource (NYSE: BLDR), CarGurus (Nasdaq: CARG), Cenovus Energy (NYSE: CVE), CenterPoint (NYSE: CNP), Constellium (NYSE: CSTM), Cushman & Wakefield (NYSE: CWK), DigitalBridge (NYSE: DBRG), Dun & Bradstreet (NYSE: DNB), Endava (NYSE: DAVA), Enviri Corp (NYSE: NVRI), EPAM Systems (NYSE: EPAM), ESAB (NYSE: ESAB), Evolent Health (NYSE: EVH), eXp World Holdings (Nasdaq: EXPI), Floor & Decor (NYSE: FND), Freshpet (Nasdaq: FRPT), Glaukos (NYSE: GKOS), Globus Medical (NYSE: GMED), Grid Dynamics (Nasdaq: GDYN), Innodata (Nasdaq: INOD), iRhythm (Nasdaq: IRTC), Insmed (Nasdaq: INSM), Insulet (Nasdaq: PODD), Integer Holdings (NYSE: ITGR), Jumia (NYSE: JMIA), Lamar Advertising (Nasdaq: LAMR), Laureate Education (Nasdaq: LAUR), LKQ (Nasdaq: LKQ), NICE (Nasdaq: NICE), Nutrien (NYSE: NTR), NV5 Global (Nasdaq: NVEE), Pool (Nasdaq: POOL), Quanta Services (NYSE: PWR), Rackspace Technology (Nasdaq: RXT), Reliance (NYSE: RS), Repligen (Nasdaq: RGEN), Resideo (NYSE: REZI), RingCentral (NYSE: RNG), Sabre (Nasdaq: SABR), SpringWorks Therapeutics (Nasdaq: SWTX), Sprouts Farmers Market (Nasdaq: SFM), Teck Resources (NYSE: TECK), Tempur Sealy International (NYSE: TPX), Upbound Group (Nasdaq: UPBD), Utz Brands (NYSE: UTZ), Vicor (Nasdaq: VICR), World Kinect (NYSE: WKC).

Notable IPOs Today: Wellgistics Health, Inc. Common Stock (Nasdaq: WGRX), Heidmar Maritime Holdings Corp. Common Stock (Nasdaq: HMR), Fold Holdings, Inc. Class A Common Stock (Nasdaq: FLD).

Notable Equity Crowdfunding Campaigns Ending Today: Floqsta (Wefunder).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Philadelphia Fed Manufacturing Index (8:30 a.m. ET), Philly Fed Employment (8:30 a.m. ET), U.S. Leading Economic Indicators (10:00 a.m. ET), Crude Oil Inventories (12:00 p.m. ET), Fed's Balance Sheet (4:30 a.m. ET).

Toast's First Profitable Year

Toast / Facebook.com

While the restaurant management software company Toast (NYSE: TOST) celebrated its first year of profitability, mixed financial earnings results caused the stock to slip 0.93% in after-hours trading on Wednesday.

Financials: Toast reported earnings of five cents per share in the past quarter, which was slightly lower than expected. The company reported revenue of $1.3 billion, which was better than expected.

Final Thoughts: The stock is up 83% in the last 12 months.

XRP Jumps on Wednesday

The price of the cryptocurrency XRP jumped about 6% on Wednesday due to improving market sentiment.

Final Thoughts: XRP’s price is down about 12% in the last 30 days.

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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.