Carvana Crashes After Earnings Outlook Disappoints Wall Street

Tipping Point: When Populations Peak Last weekend (July 11 to be exact) marked World Population Day, celebrating the approximate day that the world's population reached 5 billion on July 11, 1987. With that in mind, Statista's Felix Richter takes a closer look at one of the population trends that will affect many countries sooner or later in the 21st century: population decline. You will find more infographics at Statista Especially prevalent across Europe and developed Asia, this demographic trend is a consequence of declining birth rates and ageing populations and poses significant challenges to the countries affected. In...

Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last A.P. Moller-Maersk shares rose in Copenhagen trading after the world's second-largest container carrier surprised analysts by raising its full-year profit outlook, citing stronger-than-expected containerized demand, particularly across Asia. The upbeat guidance suggests the global container market has remained resilient despite earlier Hormuz-related chokepoint disruptions, with global shipping demand holding. The Danish shipping and logistics giant now expects global container volumes to grow about 4% this year, up from its prior forecast of 2% to 4%. It also lifted guidance...

From Israel on Monday, Sen. Lindsey Graham (R-SC) pushed for a US war against Iran while acknowledging that US soldiers in the region could get “hit” by Iranian counterattacks, a risk he said was worth it. “Could our soldiers be hit in the region? Absolutely, they could. Can Iran respond if we have an all-out […]