Copart reported strong fiscal Q3 2026 results, with earnings per share rising 2.4% to $0.43 and revenue increasing 2.1% to $1.24 billion, both surpassing analyst expectations. Despite a 2.4% drop in unit volumes, improved average selling prices and a favorable revenue mix boosted the company's gross margin to 46.3%. Jefferies adjusted its price target to $45, implying a 33% upside from the current stock price of $33.79. CEO Jeff Liaw highlighted that rising repair costs could drive long-term growth by increasing total loss frequency, supported by strong international revenue growth of 14.1%.
National Bank lowered its price target for CAE Inc. to C$49.00 from C$53.00 amid challenges in civil aviation training and Middle East conflict disruptions. Despite this, CAE reported strong Q4 results with revenue of $953.8 million and EPS of $0.31,...
Meta has raised its 2026 capital expenditure guidance to $125-$145 billion, nearly five times last year's $28 billion, focusing heavily on AI infrastructure. Despite strong ad revenue growth, investors worry about the lack of clear AI-driven monetiza...
The Tema Space Innovators ETF (NASA) has rapidly grown from $1 million to over $1 billion in assets under management within just 37 trading days, fueled by investor demand for exposure to SpaceX ahead of its anticipated IPO. Unlike other space ETFs, ...
The S&P 500 marked its longest winning streak since December 2023 with eight consecutive weeks of gains, even as the Federal Reserve signals potential rate hikes due to persistent inflation. U.S. manufacturing is booming, driven by massive AI infrast...
Webull CEO Anthony Denier reveals that retail investors now hold a wider range of AI-related stocks, growing from 3% to 9% over two years. This shift shows confidence in AI as a long-term investment, with interest spreading beyond headline chip stock...
