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Today on CarEdge Live, Ray is joined by CarEdge's own Tricia and Debbie to break down the latest headlines—including Carvana CEO Ernest Garcia III's record-setting $192 million stock sale. What does it mean for the future of Carvana, and what should consumers take away from this move? We'll also dive into the CarEdge Dealer Network, how it's evolving, and what it means for car buyers looking for transparency and trust in today's market. Don't miss this insightful conversation with two of CarEdge's most experienced team members.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1039: Today we're talking about Carvana's record-setting quarter and bold new goal, Ford's strategic price hikes post-tariffs, and why Google's stock took a beating after an Apple exec dropped a courtroom AI bomb.Show Notes with links:Carvana has bounced back in a major way, setting a new quarterly record for used-vehicle sales and showcasing the company's transformation from high-growth chaos to sustainable profitability, even amid looming tariff concerns.Q1 retail sales hit 133,898 units, up 46% year over year—beating their prior record by 16,000 vehicles.Net income reached $373M; revenue surged 38% to $4.2B.Tariffs caused a temporary demand bump, but Carvana is now focused on adapting inventory to price-sensitive consumer behavior.Carvana aims to sell 3 million vehicles annually within 5–10 years, targeting a 13.5% adjusted EBITDA margin by fully utilizing its existing infrastructure like ADESA megasites and inspection centers.CEO Ernie Garcia emphasized flexibility: “We've got significant margin to work with… and significant cash balances.”As the auto industry adjusts to newly announced tariffs, Ford is selectively increasing prices on several 2025 models while shielding current dealer inventory.Starting May 2, 2025 Mavericks, Bronco Sports, and Mach-Es (all produced in Mexico) will see MSRP increases of $600–$2,000, depending on trim and features.Existing stock and vehicles already in transit will keep their original sticker prices.Earlier this week, Ford withdrew its 2025 outlook, citing $1.5B in expected tariff-related earnings impact.Ford is one of the first major automakers to publicly respond to the impact of the tariffs with pricing strategy.“We can't forecast what we can't see,” said one executive privatelyIn a courtroom twist, an Apple executive may have confirmed Google's worst fear—that AI is starting to eat into its search dominance.Eddy Cue, Apple's services chief, testified that Safari searches dipped in April for the first time ever, likely due to users turning to AI tools like ChatGPT and Perplexity.Cue expects Apple will eventually add AI search engines as user-selectable options in Safari.The revelation came during Google's antitrust trial, where Apple disclosed it receives over $20B annually to keep Google the default.Google stock fell more than 7% following Cue's testimony, wiping out tens of billions in market cap. They responded by saying “we continue to see overall query growth,” especially from Apple platforms.Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
In this episode of Yet Another Value Podcast, host Andrew Walker welcomes back Cliff Sosin of CAS Investment Partners for his second appearance. Known for his concentrated, long-term investing approach, Cliff discusses the unique characteristics of Carvana's lending model, the intricacies of subprime finance, and why he believes Carvana's comeback story deserves a closer look. The conversation explores Cliff's investment philosophy, alternative data use, and risk management, while diving deep into market misconceptions around subprime lending, inventory valuation, and self-driving cars. Tune in for a data-rich breakdown of one of the market's most discussed turnarounds.Links:YAVP with Aaron Chan on CVNA: https://www.yetanothervalueblog.com/p/recurve-capitals-aaron-chan-on-theCAS Investment Partners - https://www.casinvestmentpartners.com/Yet Another Value Blog - https://www.yetanothervalueblog.com See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer_______________________________________________________[00:00] Intro to the podcast and guest, Cliff Sosin[01:38] Cliff on his podcast return[00:02:11] Cliff reflects on past public exposure[00:05:26] Cliff's focus in subprime and securitizations[00:12:17] Carvana's lending model and performance vs peers[00:24:29] Alt data, trading signals, and Carvana[00:30:58] Evolution of Carvana's operational resilience[00:34:03] What keeps Cliff up at night about Carvana [00:38:11] Risks from used car market decline[00:40:08] Potential disruption from low-cost EVs[00:47:00] Threat of autonomous vehicles[01:01:50] Stanford, Google, and Carvana[01:10:10] Tail Risks[01:13:00] Getting better with expert networks[01:18:00] My trite Cliff saying[01:19:00] What is Cliff researching now
The stock that once fell 99% and returned to previous levels had a high bar to jump in today's earnings report. George Tsilis takes a closer look into Carvana's (CVNA) earnings that includes a double beat and ambitious guidance. The stock still traded lower. George turns to the macro factors pointing to investor pessimism.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
China's Ministry of Commerce confirmed US-China trade talks with Vice Premier He Lifeng to visit Switzerland from May 9th-12th and will visit France from May 12th-16th for economic and financial dialogue.PBoC Governor Pan announced to cut RRR by 50bps effective May 15th and to cut the policy interest rate by 10bps effective on May 8th with the 7-day reverse repo rate lowered to 1.40% and interest rates on Standing Lending Facility across all tenors lowered by 10bps. Pan stated that the policy rate cut will lead to a Loan Prime Rate cut of 10bps and the RRR cut will release about CNY 1tln in liquidity.An Indian missile attack on Pakistan-controlled territory has killed at least 26 civilians and left 46 injured; a Pakistan military spokesman noted there were exchanges of fire with Indian troops at multiple places along the ceasefire line in Kashmir and announced that five Indian aircraft were shot down.US President Trump said they will have a very big announcement before the Middle East trip which will be a really positive announcement on Thursday, Friday or Monday before they leave.APAC stocks traded mostly higher as participants digested the PBoC's announcement to loosen monetary policy and reports of upcoming US-China talks this week but with the gains capped amid geopolitical escalation between India and Pakistan.European equity futures indicate a slightly positive cash market open with Euro Stoxx 50 futures up 0.1% after the cash market finished with losses of 0.4% on Tuesday.Looking ahead, highlights include German Industrial Orders, French Trade Balance, EZ Retail Sales, Fed, NBP, CNB & BCB Policy Announcements, Fed Chair Powell's Presser, Supply from France, UK & US, Earnings from AppLovin, Carvana, Arm, DoorDash, AMC, Uber, Disney, Barrick Gold, Bunge, BMW, Fresenius, Siemens Healthineers, Novo Nordisk, Pandora & Nexi.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
China's Ministry of Commerce confirmed US-China trade talks with Vice Premier He Lifeng to visit Switzerland from May 9th-12th and will visit France from May 12th-16th for economic and financial dialogue.PBoC Governor Pan announced to cut RRR by 50bps effective May 15th and to cut the policy interest rate by 10bps effective on May 8th with the 7-day reverse repo rate lowered to 1.40% and interest rates on Standing Lending Facility across all tenors lowered by 10bps. Pan stated that the policy rate cut will lead to a Loan Prime Rate cut of 10bps and the RRR cut will release about CNY 1tln in liquidity.European stocks mixed whilst US-Sino trade talks have been confirmed and as traders await the FOMC.USD stronger vs. peers as US-China meeting spurs trade hopes, JPY underperforms.Two way action for EGBs & Gilts but benchmarks ultimately firmer, aided by auctions. USTs more contained pre-FOMC.Crude firmer on China's monetary policy easing, US-China trade talks, and rising tensions between India and Pakistan.Looking ahead, Fed, NBP, CNB & BCB Policy Announcements, US Treasury Secretary Bessent, Fed Chair Powell's Presser, Supply from the US, Earnings from AppLovin, Carvana, Arm, DoorDash, AMC, Uber, Disney, Barrick Gold.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Likefolio's Landon Swan says the used car business is “not for the faint of heart.” With Carvana (CVNA) only holding 1% of the market, he sees a lot of room to expand. He shares Likefolio's consumer sentiment data, comparing it favorably to CarMax (KMX). However, he thinks the stock is priced “almost to perfection,” pushing him to the sidelines.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
My guest today is Cliff Sosin. Cliff is the founder of CAS Investment Partners, a fund he started with $5 million in 2012 and has grown to $1.7 billion as of the last reported numbers at the end of 2024. At the time, CAS had only four positions. This conversation is different to our typical episodes. We start by talking about Cliff's investing philosophy but the bulk of this long discussion is a case study into his remarkable investment in Carvana. Cliff is one of the biggest investors in the business, which had a market cap over $60 billion in 2021, then fell 99%, survived, and now has a market cap approaching $50 billion again. While I hosted Carvana's CEO, Ernie Garcia, last year to get the inside perspective on managing through such turbulence, today we hear the investor's side of this extraordinary story. It is a singular episode and there are so many lessons in this rare opportunity to hear a major investor describe his decision-making process at every stage of the journey. Please enjoy my great conversation with Cliff Sosin. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Ramp. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to Ramp.com/invest to sign up for free and get a $250 welcome bonus. – This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to ridgelineapps.com to learn more about the platform. – This episode is brought to you by AlphaSense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:00:32) Early Career and Discovering Investing (00:01:18) Journey Through Financial Firms (00:01:49) Starting the Firm and Initial Challenges (00:03:41) Investment Philosophy and Market Realities (00:05:07) Building the Firm and Investor Relations (00:07:23) Defining a Good Business (00:12:31) Contained vs. Uncontained Businesses (00:15:30) Mental Models and Market Insights (00:30:13) The Role of ESG in Investing (00:34:26) The Carvana Investment Story (00:41:01) The Complexity of Car Transactions (00:41:43) Carvana's Real Estate and Logistics Network (00:44:12) Reconditioning and Selling Cars (00:45:16) Carvana's Financing and Customer Service (00:46:43) Economies of Scale and Trust (00:49:40) Challenges and Management Insights (00:59:07) Operational Issues and Market Challenges (01:18:56) Questioning Carvana's Sales Strategy (01:19:17) The Role of Word of Mouth in Carvana's Growth (01:20:28) Identifying Early Adopters (01:21:00) The Impact of Market Conditions on Carvana (01:22:10) Carvana's Operational Challenges (01:23:10) Cutting Costs and Organizational Efficiency (01:27:19) The Apollo Deal and Debt Restructuring (01:28:23) Personal Reflections on Investment Decisions (01:34:21) The Psychological Toll of Investment (01:45:16) Future Investment Strategies and AI (01:49:48)The US Market and Investment Opportunities (01:54:51) The Kindest Thing Anyone Has Ever Done For Cliff
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1027: Lithia leans into affordability while breaking records despite tariffs. Carvana boosts its reconditioning game in Colorado. And Chipotle turns up the charm, teaching 3,800 teams to smile their way to better hospitality.Show Notes with links:While tariffs loom over the auto industry, Lithia Motors is leaning into its diversified strategy and breaking financial records. CEO Bryan DeBoer says the dealership giant is uniquely positioned to ride out the storm.Roughly 45% of Lithia's inventory isn't impacted by current tariffs, providing a significant buffer.The company posted a record $9.2 billion in Q1 revenue (up 7.2%) and $211.2 million in net income (up 28%).Lithia's emphasis on affordability, including older used vehicles, has strengthened its market position.With parts prices rising, DeBoer stressed the importance of matching pricing with competitors like Jiffy Lube and AutoZone, while offering both OEM and aftermarket parts.“With tariffs, we sit quite nicely,” said DeBoer, calling Lithia “probably the most diversified and least impacted” of the major retailers.Carvana is expanding its operational footprint in a big way, bringing inspection and reconditioning (IRC) services to its Colorado Springs ADESA auction site—marking its eighth national Megasite.The new Megasite in Fountain, CO spans 50 acres. It supports both retail recon and wholesale auction needs and will create 100 new jobs.With added IRC capacity, Carvana can offer more inventory and speed up delivery times for local buyers.This move enhances Carvana's recon and fulfillment network, bringing vehicles to market more efficiently.“This integration will bring a wider selection of vehicles with quick shipping times to local retail customers, and provide a more robust offering for local wholesale customers,” said Brian Boyd, SVP of Inventory.A customer study revealed Chipotle lacked friendliness and cleanliness, especially during peak hours so CEO Scott Boatwright has announced a new hospitality push including smiling staff, cleaner dining areas, and better on-site issue recovery.Every employee is now coached to greet customers with a smile at the tortilla station and end transactions with a heartfelt thank you, reinforcing a culture of warmth without slowing operations.Staff across all 3,800+ restaurants have been trained on “exceptional hospitality” standards.Despite a dip in transactions, Q1 sales were up 6.4% to $2.9 billion—driven by new locations.“The fact is, smiles down the line don't slow us down,” said Boatwright.Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Carvana never ceases to make headlines for wacky and unusual mistakes, some of which often leave owners without the titles to their vehicles. This time however, Carvana did a complete 180 and gave away titles by MISTAKE. I talk about how Carvana does business -or in this case how it doesn't- and why you probably shouldn't keep your free Carvana car. That and more on this bonus edition of the show!Check out the Amazing Work SEMA is doing and Support the Initiatives in YOUR State!Listen on the Radio in Colorado!AM1460 & FM 101.1 The Answer - Saturdays at 9am, Sundays at 6pm100.7 The Word - Saturdays at 7pm91.7 KLZR - Saturdays at 10:30amNow On Video!Rumble.com/automotiveadhdhttps://www.youtube.com/channel/UCUkSzh2ny2Idb4S3lC0qeYAhttps://www.tiktok.com/@automotiveadhdpodcastSupport the Show!thespeedcouncil.orgSend in Your Car Sounds!facebook.com/automotiveadhd #carvana #chevy #corvette #zr1 #subaru #wrx #tesla #elonmusk #colorado #news #jimmiller #ford #nascar #racing #automotiveindustry #ice #internalcombustion #tesla #evs #cybertruck #ford #mechanic #diy #mustang #toyota #jdm #japanesecars#racecars #pikespeak #engines #newcar #carnews #automotivenews #carbuying #technology #v8 #listenable #podcast #radioshow #carenthusiast #carslover #turbo #supercharger #racing #drifting #boostedcars #cars #carswithoutlimits #automotive #racing #automotiveadhd #motorsports #jdm #americancars #musclecar #hotrod #radio #radioshow #podcasts #carculture #car
Today's guest is Neil Mehta, founder of Greenoaks Capital. In 2012, aged 27, Neil left D.E. Shaw to start Greenoaks with his friend Benny Peretz. One of their first investments was in Coupang, a South Korean e-commerce company led by founder Bom Kim. Neil was so convinced of Coupang's potential that he invested 40% of their initial $50 million fund into the company—a bet that eventually returned about $8 billion. Over its first 13 years, Greenoaks has backed legendary companies like Figma, Wiz, Carvana, Stripe, Discord, Rippling, and Toast—generating over $13 billion in gross profits with a 33% net IRR. Henry Kravis, one of Neil's early investors, describes him as "extremely disciplined" with "exceptional timing" who has "gone against the tide many times." Greenoaks operates with remarkable concentration: just 55 core companies across nearly $15 billion in assets, managed by only nine investment professionals. Their approach reflects their singular pursuit: finding companies that will become a meaningful part of the S&P 500. In our wide-ranging conversation, Neil shares this mission along with his framework for identifying exceptional founders, his concept of "jaw-dropping customer experiences," and how his grandfather's gun shop in India shaped his appreciation for builders of all kinds. Please enjoy my excellent conversation with Neil Mehta. Neil Mehta's Profile in Colossus Review. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Ramp. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to Ramp.com/invest to sign up for free and get a $250 welcome bonus. – This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to ridgelineapps.com to learn more about the platform. – This episode is brought to you by AlphaSense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:06:32) Connecting Craftsmanship to Career (00:07:45) The Concept of Jaw Dropping Customer Experience (JDCE) (00:09:48) Building a Successful Business: The Coupang Case Study (00:17:26) The Importance of Founders & Business Models (00:30:05) Greenoaks' Unique Approach to Venture Capital (00:37:54) A Memorable Encounter with Henry Kravis (00:40:52) Early Career and Lessons from Hong Kong (00:44:53) The Partnership with Benny (00:50:28) Navigating the Competitive Landscape (00:59:14) High Conviction Investments: TripActions, Rippling, and Carvana (01:07:00) Investment Strategy and Company Evaluation (01:13:23) Adventures in Emerging Markets (01:17:09) Challenges and Lessons Learned (01:26:16) Personal Values and Community Impact (01:32:16) The Kindest Thing Anyone Has Ever Done For Neil
Today on CarEdge Live, Ray and Zach discuss the latest data from CarFax on how broken the used car market is.
Welcome to Industry Spotlight—a focused series hosted by Sam D'Arc, highlighting standout dealerships and innovative companies, and exploring the trends driving success in today's automotive market. Today, Sam sits down with Tom Bear, Platform Used Car Director at Cable Dahmer Automotive Group, Stephan Morris, Used Vehicle Acquisition Manager at Cable Dahmer Automotive Group, and Frank Zombo, Vice President of Sales at Auto Hauler Exchange. This episode of the Car Dealership Guy Podcast is brought to you by Auto Hauler Exchange: Auto Hauler Exchange - Ship Smarter. Pay Less. No Middlemen. Tired of brokers driving up costs and slowing you down? Auto Hauler Exchange puts YOU in control. ● Ship cars faster and cheaper with 5,500+ vetted carriers. ● Get cars delivered in just 4 days on average. ● Transparent pricing, no hidden fees, and real-time tracking. Move cars smarter. Move cars faster. Learn more @ autohaulerexchange.com
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Ernest Garcia is the Co-Founder and CEO @ Carvana. Under Ernie's leadership, Carvana went from a back-of-the-napkin idea to a $50+ billion public company, became the fastest-growing online used car retailer in U.S. history, and landed on the Fortune 500 in under 10 years. However, it was not all up and to the right, in 2022, the stock plummeted 99% to a market cap of just $400M. Today they are back with a market cap of $35BN, that is a 100x in the public markets and selling 400,000 cars sold annually, with a logistics network that rivals Amazon. In Today's Episode with Ernie Garcia We Discuss: 04:12 Are all great founders just “stubborn egomaniacs”? 06:55 How Carvana Almost Died on Several Occasions 08:46 Is Carvana's Inability to get VC Funding a Sign the VC Model is Broken? 11:58 Operators vs. Strategists: What Hires Can Make or Break a Company? 21:46 Billionaire's Biggest Lessons on Parenting 26:52 Is Life About Happiness or Achieving 32:21 The Reality of Being a Public Company CEO 39:07 Why Companies Should Go Public 43:55 Why You Should Price Your IPO to Perfection with No Pop 50:50 “What I Wish I Had Known About Debt in Building Carvana” 52:32 Quick Fire Round: Favourite CEO, Marriage Advice, Carvana in 10 Years
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1009: Today we sit with COO of Matthews Auto Group Vincent Salvagni to discuss the question on every Dealer's mind; What should I be doing with my inventory level? As consumers rush to beat tariffs, Dealers are worried about overpaying for replacement inventory and getting stuck holding the bag when things normalize. We also talk about Nissan delaying production cuts at its Smyrna, TN plant and Carvana's approach to the tariff headwinds. Show Notes with links:Nissan's plans to cut a production shift at its Smyrna, TN plant have been reversed thanks to new U.S. tariffs on imported vehicles. The automaker is prioritizing domestic output to avoid hefty import duties.Nissan initially planned to end a shift at Smyrna as part of a 9,000-job global cut.Keeping U.S. production high avoids tariffs on Japanese-made Rogues, which made up over a third of 2024 U.S. Rogue sales.Workers had already been offered buyouts; Nissan hasn't confirmed how many accepted.“It could mean saving jobs or it could be hiring people,” said a Nissan spokesperson.Carvana is stepping into the tariff era with confidence, positioning itself to capture increased used-car demand as new vehicle prices rise. After turbulent years marked by overestimation and investor skepticism, the company has streamlined operations and could now benefit from changing consumer habits.New 25% tariffs on imported vehicles may steer price-conscious buyers to the used market.Analysts expect an initial bump in used-car sales, especially from buyers priced out of new models.Carvana has reined in costs, insourced inspections, and restructured debt, improving operational health.Despite holding $5.6B in debt, the company is now generating enough cash to begin self-financing.“We're in a much stronger position than we were 3–4 years ago,” said CFO Mark JenkinsJoin hosts Paul J Daly and Kyle Mountsier as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
How to Trade Stocks and Options Podcast by 10minutestocktrader.com
Are you looking to save time, make money, and start winning with less risk? Then head to https://www.ovtlyr.com.Only Price Pays. Everything Else is Noise.The market's melting down—or is it? In this video, we break down exactly what's happening and how smart traders are playing it.Tariffs are on deck. Fear is spiking. Tech is wobbling. And yet... opportunity is everywhere if you know how to read the signs.Inside this episode:✔️ Why Wall Street's panic might be your setup✔️ How to use the 10/20/50 moving average cross for precise entries and exits✔️ The Master Key for knowing when to go risk-on vs. sit in cash✔️ Live breakdowns of top stocks: $MSI, $EBAY, $CARVANA, $NFLX, and more✔️ What the VIX, market breadth, and sector overlays are really telling us✔️ How to avoid the monkey hammer (and actually sleep at night)No Predictions. Just Rules.Forget guessing. We focus on price, trend, and risk management—no crystal balls required. You'll see why shorting can be a trap, why holding cash is a position, and how the market's wealth effect can mess with your head.Real Trades. Real Lessons.Every chart. Every signal. Every trade idea is filtered through a real strategy—no hype, just what works.We're not here to chase dips. We're here to trade with discipline and stay one step ahead.Subscribe now if you're serious about trading smarter, not harder. This is where OVTLYRs stop guessing and start winning!
(April 01, 2025)Neil Saavedra fills in for Bill this week. KTLA & KFI tech reporter Rich DeMuro joins the show for ‘Tech Tuesday.' Today, Rich talks about iOS 18.4 released, the “Carvana of e-bikes,” Facebook bringing back the friends-only feed, and avoiding roaming charges while traveling. The Hill reporter Al Weaver joins the show to talk about Sen. Cory Booker talking through the night in marathon floor speech to protest Trump. Today is April Fool's Day… some funny tricks and some that went wrong.
Neil Saavedra fills in for Bill this week. KTLA & KFI tech reporter Rich DeMuro joins the show for ‘Tech Tuesday.' Today, Rich talks about iOS 18.4 released, the “Carvana of e-bikes,” Facebook bringing back the friends-only feed, and avoiding roaming charges while traveling.
It's episode 255 of The Cavalry! Johnny needs backup that Shamrock Shakes are gross. Andrew needs backup that wiping your kids nose that last time before dropping them off at preschool isn't going to make a difference. Enjoy! Remember to sign up for the Patreon for Post-Show Banter! https://patreon.com/thecavalrypodcast?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
We've got tips and examples for closing sales in the insurance industry! Check out this episode to learn 4 tried and true methods and learn how to close with confidence. Read the text version Contact the Agent Survival Guide Podcast! Email us ASGPodcast@Ritterim.com or call 1-717-562-7211 and leave a voicemail. Resources: 9 Essential Tools for Beginner Insurance Agents: https://ritterim.com/blog/9-essential-tools-for-beginner-insurance-agents/ Getting Started Selling Medicare Supplements: https://ritterim.com/blog/getting-started-selling-medicare-supplements/ Meet Your Sales Team at Ritter: https://ritterim.com/meet-your-sales-team/ Medicare Advantage Open Enrollment Do's and Don'ts: https://ritterim.com/blog/medicare-advantage-open-enrollment-dos-and-donts/ Medicare Advantage Trial Rights Explained for Agents: https://ritterim.com/blog/medicare-advantage-trial-rights-explained-for-agents/ Register with Ritter Insurance Marketing: https://app.ritterim.com/public/registration/ References: Van Edwards, Vanessa. “23 Essential Body Language Examples and Their Meanings.” Science of People, 26 Mar. 2024, https://www.scienceofpeople.com/body-language-examples/. “Customer Pain Points: 4 Examples and How to Eliminate Them | Indeed.Com.” Indeed, https://www.indeed.com/career-advice/career-development/customer-pain-points. Accessed 30 Jan. 2025. “How to Become Confident 12 Powerful Strategies to Unleash Confidence.” Tony Robbins, Tony Robbins, https://www.tonyrobbins.com/building-confidence/how-to-be-confident/. “How Do Medicare's and Medicare Advantage's Open Enrollment Differ?” National Council on Aging, NCOA, https://www.ncoa.org/article/whats-the-difference-between-medicares-open-enrollment-period-and-medicare-advantage-open-enrollment/. Accessed 30 Jan. 2025. Howard, Chris. “5 Best Practices for Building Trust with Clients.” Canopy, Canopy, 1 Feb. 2024, https://www.getcanopy.com/blog/best-practices-for-building-trust-with-your-clients. “Learn about Carvana 7-Day Money Back Guarantee Limits | Carvana.” Carvana, https://www.carvana.com/help/purchasing-a-car/what-are-the-limits-of-the-7-day-money-back-guarantee. Accessed 30 Jan. 2025. “Mastering the Puppy Dog Close a Comprehensive Guide.” Tomba, Tomba, 3 Aug. 2024, https://tomba.io/blog/mastering-the-puppy-dog-close-a-comprehensive-guide-to-sales-success/. “Researcher Investigates How Our Snap Judgments Affect Society.” FABBS, 25 Jan. 2024, https://fabbs.org/news/2023/09/researcher-investigates-how-our-snap-judgments-affect-society/. SOCO Sales Training. “The Assumptive Close: A Powerful Tool for Increasing Sales.” SOCO Sales Training, 30 Aug. 2024, https://www.socoselling.com/the-assumptive-close/. Miller, Serena. “Top 10 Closing Techniques (with Examples, How-to's, and Scenarios).” Outreach, https://www.outreach.io/resources/blog/sales-closing-techniques. Accessed 30 Jan. 2025. Follow Us on Social! Ritter on Facebook, https://www.facebook.com/RitterIM Instagram, https://www.instagram.com/ritter.insurance.marketing/ LinkedIn, https://www.linkedin.com/company/ritter-insurance-marketing TikTok, https://www.tiktok.com/@ritterim X (fka) Twitter, https://twitter.com/RitterIM and Youtube, https://www.youtube.com/user/RitterInsurance Sarah on LinkedIn, https://www.linkedin.com/in/sjrueppel/ Instagram, https://www.instagram.com/thesarahjrueppel/ and Threads, https://www.threads.net/@thesarahjrueppel Tina on LinkedIn, https://www.linkedin.com/in/tina-lamoreux-6384b7199/ Not affiliated with or endorsed by Medicare or any government agency.
In this episode, Scott Becker discusses the latest market trends for Tesla, Stellantis, and Carvana, analyzing Tesla's stock drop, Stellantis' leadership shake-up, and Carvana's risky move into new car sales.
In this episode, Scott Becker discusses the latest market trends for Tesla, Stellantis, and Carvana, analyzing Tesla's stock drop, Stellantis' leadership shake-up, and Carvana's risky move into new car sales.
Join Mike Herzing and Jeremy Birenbaum on this week's Let's Talk Wheels as they dive into the world of car colors and their impact on resale value. Get the latest updates on Carvana's strategic acquisition of a new car dealership, marking a significant shift in the company's approach. In addition, the episode delves into the ongoing debate over EVs versus hybrids and evaluates the current state of automotive technology. This episode also covers breaking industry news, including a Ford recall affecting Lincoln Navigators, and showcases the latest car reviews and SEMA's advocacy for automotive enthusiasts. Tune in for a lively discussion about the future of driving, automotive culture, and much more.
Clark loves to travel and does so very often. Understandably, many people are nervous about flying these days. Clark discusses airline safety, and how you can save big bucks with discount carriers. Also today - the latest on used car prices. A First Class Spirit Flight: Segment 1 Ask Clark: Segment 2 Used Car Prices: Segment 3 Ask Clark: Segment 4 Mentioned on the show: After a string of incidents, some flyers are sticking with a surprising carrier: Spirit Southwest Offers Companion Pass as New Credit Card Signup Bonus- Clark.com Your Passport Could Be Useless -- Even if It's Not Expired What is ETIAS - European Union / UK Travel ETA Should I Tip on a Cruise? Best Credit Cards With No Foreign Transaction Fees 5 Money Tips To Know Before You Travel Abroad Car Rental Insurance: Everything You Need To Know - Clark.com Credit Card Car Rental Insurance: What You Need To Know - Clark.com How To Buy a Used Car - Clark.com Do I Need a Mechanic Inspection When Buying a Used Car from CarMax or Carvana? Should You Allow Your Auto Insurance To Monitor Your Driving? Liability vs. Full Coverage: Which Auto Insurance Do You Need? Clark.com resources Episode transcripts Community.Clark.com / Ask Clark Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Sponsors Credit Karma Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Scott Becker breaks down seven stocks that faced major losses this week, including Carvana, Marvell Technology, Palantir, and Netflix.
In this episode, Scott Becker breaks down seven stocks that faced major losses this week, including Carvana, Marvell Technology, Palantir, and Netflix.
In this episode 380: Chrissy recalls the 3 puddle mafia, Chris doesn't hate his family enough to go ice fishing, Tim loves his vacuum sealer, and Mental talks about Cox sucking.Really, we talk about how to set up a great paddock and pit space Katherine Legge to run Daytonahttps://www.espn.com/racing/nascar/story/_/id/44095023/katherine-legge-first-woman-drive-nascar-cup-race-18 Carvana bought a Stellantis Dealer? (Chris Teague @ TTAC)https://www.thetruthaboutcars.com/cars/news-blog/carvana-recently-acquired-a-franchise-chrysler-dodge-jeep-ram-dealership-in-arizona-44512381 Dodge Being Sued for Making Hellcat Durangos (Brandon Gillory @ Hagerty) https://www.hagerty.com/media/news/dodge-back-in-court-over-srt-hellcat-durango/ 2005 Car Hauler from Racing Junkhttps://www.racingjunk.com/enclosed-car-trailers/184708339/2005-vintage-28-10-000lb-car-hauler.html?category_id=5670&photos=1&video=&location_distance=&location_zip=&year_min=&year_max=&price_min=&price_max=&seller_type=0&condition=0&search=&state=&country=&province=&date=&order=score&length=&make=&np_offset=10#9 Chrissy's Famous F-Bisquick Recipe https://youtu.be/83c3rjGqEeQ?feature=shared Chrissy Uber Organized Basement Setuphttps://youtu.be/EQHf_MhkAtA?feature=sharedJoining the E1R F1 Fantasy League! It's Free!https://fantasygp.com, Build your own team, then join league 74259541Mental's Porsche 912 - https://youtu.be/_AEg7U4mWgI?feature=shared Our Website - https://everyoneracers.com/ Download or stream here - https://open.spotify.com/show/5NsFZDTcaFlu4IhjbG6fV9 https://www.youtube.com/channel/UCPrTs8wdzydOqbpWZ_y-xEA - Our YouTube
It's a new week and spring is in the air! Well, at least it feels that way for the Car Mom... Before you know it though it will be summer and you have to figure out what to do with your kids while school is out. That is currently the journey Kelly is on as she decides if she wants to send them to daycare or camp. Unfortunately, there is no Camp Phineas and Ferb like the one the ladies ran when they were kids. That's right, Kelly and Lizz ran their own week long summer camp when they were teenagers made them some bank! Could this be your side hustle this summer? Speaking of things from the Disney universe, neither Kelly or Lizz have ever been to a Disney park but they feel like they could be Disney adults. They're both into the Disney adult content creators and have a love for the High School Musical soundtrack. Maybe one day? Lent starts this week and Kelly and Lizz are getting ready to give something up for the next 40 days. This year not only are they giving something up, but they want to do something to better themselves before Good Friday. But the real best of lent season? The fish fry!! It's been a while since Kelly and Lizz checked in with their bank accounts for Last Three Transactions. Kelly is getting ready for a family trip to Arizona by stocking up on Tea Collection clothes for the kids and lots of activities and toys for the plane. Plus, she got some Crocs for herself and she's very excited about it! Meanwhile, Lizz has had her life completely changed thanks to the Haakaa breast pump and the Athleta pale yellow collection. There are two juicy stories in Industry News. First, Carvana is making moves into the franchise business with the purchase of a Stellantis store. Then, why the Honda and Nissan merger may be donezo! Finally, as we head into Lent a quick reminder of a solid Ditch the Drive-Thru favorite. If fish will be a staple for you the next 40 days, it's time to break out the salmon sushi bowl recipe! Learn more about your ad choices. Visit megaphone.fm/adchoices
Today on CarEdge Live, Ray and Zach discuss the latest Carvana news. Tune in to learn more!
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.As we greet the first full week of March, we're live from Charlotte, North Carolina with good friend Todd Caputo. Today, we pause and remember titan sales trainer Jim Ziegler, who helped thousands of dealerships during his 48 years in the industry. Plus, we cover Carvana's acquisition of a CJDR store in Arizona and what it might mean in the future.Show Notes with links:Sad news this morning: Jim Ziegler, the larger-than-life trainer and industry icon, has passed away after a battle with brain cancer. Known as the “Alpha Dawg,” Ziegler spent decades shaping dealership floors into profit machines with his no-nonsense style and razor-sharp insights.His family shared the news on Facebook saying: “Jim passed away peacefully at home, surrounded by his beloved Debbie and family. ”With a career spanning 48 years, Jim turned green salespeople into closers and taught GMs how to hustle smarter. His seminars were part revival, part boot camp—equal parts inspiration and tough love.He pioneered training that blended old-school grit with new-school tech, pushing dealerships to adapt to the digital age while keeping the art of the deal alive. His company, Ziegler SuperSystems, was his proving ground.Love him or hate him, you couldn't ignore him. Jim's brash voice—online and IRL—called out BS in the industry, from shady F&I tactics to lazy management. His X posts were a masterclass in stirring the pot, and he never shied from a fight.Thousands of auto pros owe their paychecks to Ziegler's wisdom. The “Alpha Dawg” may be gone, but his playbook's still in the glovebox of every dealership worth its salt.Remember him today—then get back to work. He'd hate us slackingFrom the family's post: “Jim may no longer be with us, but his influence, his lessons, and his impact will never leave us. His voice may be quiet now, but his words will be carried forward by the countless people whose lives he touched.”Carvana has taken a bold step into the new-vehicle market by acquiring Jerry Seiner Chrysler-Dodge-Jeep-Ram in Casa Grande, Arizona. This is a major shift for the online retailer, which has historically focused exclusively on used cars since its founding in 2013.Carvana plans to reopen the store on March 3, retaining all 41 employees.The move is described as a "small test" by Carvana, which stated: "We don't expect it to have any noticeable impact to our results for the foreseeable future.”This experiment follows a path previously trodden by competitor CarMax, which owned new-vehicle franchises until divesting them in 2021."We are excited to join the Stellantis network and our focus in this test will be learning how to provide great customer experiences at a franchise dealership," a Carvana spokesperson said.Questions still to be answered (per Ben Hadley on LinkedIn)Can all the CDJR cars on Carvana now be CPO?Can ADESA now access wholesale parts for CDJR repairs?Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email
Greg Daco, chief economist at EY, says the economic numbers are strong, but the high level of uncertainty has it nearing a tipping point and making recession more likely. He sees the potential for consumer issues and a recession risking, and says there is a real -- but modest -- chance of stagflation putting the Federal Reserve in a real policy bind. Sarah Wolfe, senior economist and strategist for thematic and macro investing at Morgan Stanley Wealth Management, talks about what other economists are thinking, as she highlights the March Economic Policy Survey, released today by the National Association for Business Economics. David Trainer of New Constructs revisits Carvana, a stock which has defied gravity for over a year; he says it can't shake its status as a zombie stock headed for a massive decline. John Barr, portfolio manager for the Needham Funds, discusses his aggressive growth strategy.
In this episode, Scott Becker discusses Carvana's recent stock decline and questions the company's financial transparency, comparing its earnings management tactics to past corporate strategies.
In this episode, Scott Becker discusses Carvana's recent stock decline and questions the company's financial transparency, comparing its earnings management tactics to past corporate strategies.
¡Emprendeduros! En este episodio Rodrigo nos da una actualización de mercado donde habla del mercado, de la deuda, de las relaciones entre Rusia y EEUU y de la conferencia de tecnologia en China. Nos da los reportes de ingresos de Baidu, Occidental Petroleum, Carvana, Aliababa, Walmart y Rivian. Después habla del Berkshire Hathaway 2.0, del nuevop producto millonario de Apple y de la ruptura de un titan. Finalmente nos da el crypto update donde habla de la estafa de la semana. ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Emprendeduros: https://www.instagram.com/losemprendeduros
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Friday is upon us once again, and today we're talking about Rivian's first positive gross profit quarter, Carvana's record quarter, how Tesla is instituting wait queues at Superchargers, and the design of Kia's new PV5 van.Show Notes with links:We could talk about tariff warnings, but we aren't going to. We could talk about the ongoing Nissan saga and Moodys downgrading their stock to ‘junk status' but we're not going to. Instead…we're going to talk about…Rivian hit a major milestone, achieving its first-ever positive gross profit of $170M in Q4 2024, a $776M improvement from the previous year.Total revenue hit $1.73B, above expectations of $1.4B.Rivian cut per-vehicle costs by $31,000 year-over-year, helping it turn the corner.Despite this, the company still posted a $743M net loss for the quarter.Meanwhile, Carvana swung to a record $159M net income in Q4They sold 114,379 used vehicles in Q4, a 50% increase year over year.Full-year revenue hit $13.7B, with a record $1.4B adjusted EBITDA.Stock dropped 12% after-hours due to concerns over softening per-vehicle margins.CEO Ernie Garcia “In 2024, Carvana became the most profitable public automotive retailer in U.S. history as measured by adjusted EBITDA margin while also resuming industry-leading growth,”Tesla's Supercharger network is the best in the game, but with increased usage from both Tesla and non-Tesla EVs, long wait times have become a problem. After a viral altercation at a Supercharger, Tesla is finally launching a virtual queue system in Q2.Tesla will roll out the queue at select Superchargers nationwide, aiming to improve the experience for the ~1% of users who experience wait times.The viral video shows two Tesla owners arguing over a charging spot, highlighting the need for a structured waiting system.Tesla has not provided details on how the queue system will work, but a broader rollout is expected later this year if feedback is positive.The company continues to expand its Supercharger network by over 20% annually to meet growing demand.Tesla in a statement said, “Goal is a net customer experience improvement,”Kia has revealed the exterior design of its PV5, the first EV under its "Platform Before Vehicle" (PBV) brand. Designed to compete with electric vans like the VW ID Buzz and Ford E-Transit, the PV5 offers a modular design for cargo, rideshare, and even #vanlife.The PBV system allows the van to transform between different body types while keeping the driver cab fixed.Uber has already signed an agreement to add the PV5 to its fleet as part of its all-electric push by 2040.While Kia has not shared powertrain, range, or pricing details, more information will be revealed at Kia EV Day in Spain later this month.“With PBV, we are redefining mobility—one platform, endless possibilities,”Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email
Carl Quintanilla and Michael Santoli broke down another volatile morning for stocks as the Dow, S&P, and Nasdaq all took a leg lower. Walmart a big drag across indices post-results after guidance came in below estimates – the team broke down fresh comments from the company's CFO with UBS Analyst Michael Lasser, who still calls the stock a buy here. Plus - from DOGE checks to tax cuts, the desk got the latest from Washington – as Citi's Chief Equity Strategist warns there's more risk than reward when it comes to Trump's policies, at least in the near term. Also within the hour: Carvana's CEO breaks down results sending shares lower, Eli Lilly's next big bets (and they're not weightloss drugs) and Oracle's CEO - live from the Future Investment Institute's Priority Conference in Miami with her outlook for AI. Squawk on the Street Disclaimer
Today on CarEdge Live, Ray and Zach discuss the latest data on Carvana. Tune in to learn more!
Carvana CEO Ernie Garcia discusses positive fourth quarter earnings, and also discusses shares falling overnight. Garcia speaks with Bloomberg's Jackie Davalos and Caroline Hyde on Bloomberg TV.See omnystudio.com/listener for privacy information.
Vital Knowledge Founder Adam Crisafulli and Carson Group Chief Market Strategist Ryan Detrick break down the latest market trends. Charles Schwab Chief Investment Strategist Liz Ann Sonders weighs in on the Fed minutes and what they mean for investors. Needham's Laura Martin provides key insights on Apple and where it stands in the AI race after its new phone release. Plus, earnings coverage from Carvana, Klaviyo, and Host Hotels, with CEO James Risoleo joining to discuss the hospitality landscape. Also, defense stocks react to Pentagon budget concerns.
Sentiment hit across markets after Ukrainian President Zelensky pushes back against US-Russian talks, with equities at fresh lows.USD a little firmer, NZD leads post-RBNZ, GBP contained after mixed inflation metrics.Crude firmer while aluminium spikes on EU's 16th sanctions package on Russia.Gilts lag after UK CPI, USTs await 20yr supply & FOMC Minutes, Bunds hit by hawkish ECB Schnabel comments.Looking ahead, highlights include FOMC Minutes (Jan), Comments from Fed's Jefferson, Supply from the US, Earnings from Etsy, Garmin, Wix.com, Analog, Carvana.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Carvana (CVNA) hit a 52-week high today ahead of the company's earnings Wednesday, though the stock is still below its 2021 highs. LikeFolio 's Landon Swan highlights his company's data showing rocketing sales for used cars as a catalyst. "This stock is nuts," says Landon, but he warns investors of Carvana's double-edged sword in valuation heading into the after-hours report. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Aaron Chan, Founder and Managing Partner at Recurve Capital LLC, joins the podcast to discuss his thesis on Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars. For more information about Aaron Chan and Recurve Capital, please visit: https://recurvecap.com/ Carvana - Recurve's Response to Hindenburg's Short Attack (article): https://recurvecap.com/insights/carvana-recurves-response-to-hindenburgs-short-attack Chapters: [0:00] Introduction + Episode sponsor: Daloopa [1:20] What is Carvana and why are they so interesting to Aaron [5:00] What is Aaron seeing with $CVNA thesis that that the market is missing; differentiated view on CVNA [9:39] Why the volatility and addressing that fear; factors for the wild swings [16:49] Competitive analysis - why is no one copying the $CVNA model [22:44] How much of an advantage is the national level of $CVNA's exposure [26:47] Brand building / advertising [30:30] $CVNA economics [37:09] Why are so many short sellers attracted to $CVNA [52:18] What Aaron thinks would be the reason $CVNA thesis doesn't work 3-5 years from now; downside risks to thesis [57:05] Can $CVNA profitably serve rural places and discussion on valuation [1:03:50] Why isn't every used car dealer dead and final thoughts Today's sponsor: Daloopa Earnings season is hectic—there's no way around it. But what if you could take back the time you spend on manual model updates? With Daloopa, you can. Daloopa automates your audit and update process, instantly pulling accurate, fundamental data from filings and reports directly into your models. That means no more wasting hours on repetitive tasks. Instead, you can focus on analyzing trends, refining strategies, and staying ahead of the competition. Stop letting manual work slow you down. Set up a free account today by visiting daloopa.com/YAV and see how Daloopa can transform your workflow.
Blake and David dive into major industry news, including Ohio ending the 150-hour CPA rule, setting a potential precedent for other states. They also discuss the Blackston acquisition of Citrin Cooperman and explore the implications of private equity involvement in accounting firms. Moving on, they examine workplace trends, including new data revealing that 61% of medium and large employers now require minimum in-office days, and debate the effectiveness of Net Promoter Scores (NPS) in accounting firms.SponsorsOnPay - http://accountingpodcast.promo/onpayBoomTax - http://accountingpodcast.promo/boomtaxTaxBandits - http://accountingpodcast.promo/taxbanditsBasil - http://accountingpodcast.promo/basilChapters(01:03) - Private Equity in Accounting Firms (03:14) - Personal Update: Blake's Hand Injury (05:18) - California's Insurance Crisis (13:57) - Ohio Ends the 150-Hour Rule (22:02) - App News: OnPay, SafeSend, and More (30:16) - Carvana's Questionable Accounting Practices (36:36) - Return to Office Policies (40:01) - RTO Policies and Office Leases (41:15) - Client Satisfaction and Net Promoter Score (42:53) - Debate on the Effectiveness of NPS (44:20) - Implementing NPS in Accounting Firms (52:03) - PCAOB Fines and Audit Quality (01:03:15) - Bitcoin and Government Policies (01:06:54) - Private Equity in Accounting Firms (01:15:07) - Earmark App and CPE Credits Show NotesReturn-to-office policies gain steamhttps://www.cfo.com/news/return-to-office-policies-gain-steam-remote-work-hybrid-wtw-resume-org/735710Citrin Cooperman, a Leading Professional Services Firm, to Receive Significant Investment as Blackstone Acquires Stake from New Mountain Capitalhttps://www.blackstone.com/news/press/citrin-cooperman-a-leading-professional-services-firm-to-receive-significant-investment-as-blackstone-acquires-stake-from-new-mountain-capital/Ohio is the first state to end the 150-hour rule for CPA licensurehttps://www.blakeoliver.com/blog/ohio-first-state-to-end-the-150-hour-rule-for-cpa-licensureOhio gov signs alternative CPA licensure pathway bill into lawhttps://www.cfodive.com/news/ohio-gov-signs-alternative-cpa-licensure-pathway-bill-law-accounting-aicpa/736942/Thomson Reuters Acquires SafeSend, Expanding Tax Automation Capabilitieshttps://www.thomsonreuters.com/en/press-releases/2025/january/thomson-reuters-acquires-safesend-expanding-tax-automation-capabilities.htmlXero Partners with Gusto to Offer Integrated Payroll Solutionhttps://www.wellesleyhillsfinancial.com/2025/01/05/xero-partners-with-gusto-to-offer-integrated-payroll-solution/Sync your transactions to QuickBooks Desktop with Ramp's direct integrationhttps://ramp.com/integrations/quickbooks-desktopHindenburg Research short on used-car retailer Carvanahttps://www.reuters.com/business/autos-transportation/hindenburg-research-short-used-car-retailer-carvana-2025-01-02/Enforcement Activity Involving Auditors – 2024 Mid-Year Updatehttps://www.brattle.com/wp-content/uploads/2024/08/Enforcement-Activity-Involving-Auditors-2024-Mid-Year-Update.pdfAmid Barely ‘Average' Client Satisfaction, Why Aren't More Firms Using NPS to Improve?https://insidepublicaccounting.com/2024/07/16/amid-barely-average-client-satisfaction-why-arent-more-firms-using-nps-to-improve/The federal government just got the greenlight to sell $6.5 billion in Bitcoin seized from Silk Roadhttps://fortune.com/crypto/2025/01/09/federal-government-allowed-sell-bitcoin-silk-road-courts/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube:
In this episode, Scott Becker discusses five key market stories.
In this episode of Market Mondays, we explore Meta's controversial decision to end Diversity, Equity, and Inclusion (DEI) programs, sparking debates about free speech and a perceived alignment with MAGA principles. Mark Zuckerberg's critique of Apple's “lack of innovation” is another hot topic—could it really lead to their downfall? We also analyze whether the top-performing stocks of 2024, like Palantir, Nvidia, and United Airlines, will maintain their momentum in 2025, and dive into Meta's AI advancements, including plans to replace human coders with AI.We also address the recent market dip, questioning whether it's just a correction or a reason for caution. Other topics include the potential of quantitative stocks, Jensen's 20-year prediction for breakthroughs, and the growing interest in investing in water amidst rising scarcity. Additionally, we debate whether Carvana's stock is worth shorting, given its current challenges.Finally, we're joined by Sigma Scott, an Altadena resident whose home was tragically destroyed in the recent Los Angeles fires. Her powerful story of resilience highlights the human impact of these disasters and the importance of community support during times of crisis.Book link to receive 30 days free EYL University bonus: https://youdeservetoberichdeal.com/Go Fund Me for Sigma: https://www.gofundme.com/f/support-sigma-and-dutch-rebuild-after-california-wildfire #MarketMondays #Meta #MarkZuckerberg #AI #Stocks #Apple #Investing #Carvana #WaterInvestment #QuantitativeStocks #LAfires #ResilienceSupport this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Watch the YouTube version of this episode HEREAre you a law firm owner who is struggling with perseverance? In this episode of the Maximum Lawyer podcast, host Tyson Mutrux delves into the critical role of perseverance for law firm owners and entrepreneurs.For Tyson, success comes to those who can endure the pain to keep going. For law firm owners, you need to stick it out and fight through the tough situations in order to rise above it all and make it to the other side. For those that are struggling, there are a few things you can do, in which Tyson uses Carvana as an example of a company who rose to the top after hitting rock bottom. You can reduce costs and restructure debt, improve operations and slim down your workforce.Tyson provides some actionable steps law firm owners can take to persevere through tough times. One thing is to focus on the long game because success takes time. Big wins are not always going to happen. They will come in waves and it is important to always focus on the ultimate goal, even when things don't go as planned. Make sure to celebrate the small wins to keep momentum going so you and your staff are motivated to keep working hard. Tyson also emphasizes the need to have a good support system around you. It is more important to ensure your colleagues and staff are going to push you to be better and be there to help when needed.Take a listen to learn more!00:11 Enduring struggles and setbacks as a law firm ownership3:16 Actionable steps for enduring challenges in law firm ownership7:53 Importance of building mental toughness law firm success13:56 Emphasis on viewing failures as opportunities for growth and improvementTune in to today's episode and checkout the full show notes here.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Carvana is one of the most wild stories in the public markets. The company IPO'd with a market cap of $2BN before skyrocketing to $60BN, only for the company to lose 99% of it's value hitting a bottom of $400M market cap. Today the company is stronger than ever and with a market cap of $41BN. Joining us in the hotseat is Dan Gill, Carvana's CPO, the man who oversees all technology functions, as well as strategic partnerships for the business. In Today's Episode with Dan Gill We Discuss: From $60BN to $400M Market Cap: What did Carvana do that Dan wishes they had not done? What did Carvana not do that Dan wishes they had done? How do you maintain morale in a team when the company has lost 99% of it's value? From $400M Back to $40BN Market Cap: What have been the core needle movers in Carvana's market cap surging? How does the Carvana business model benefit from economies of scale? How does vertical integration of the different products Carvana sells change the margin structure of the business? The Future of Carvana: Why does Dan believe there is a massive market for Cavana in selling new cars? Why does Dan want to move into the peer to peer market, a market where so many before have failed? Why does Dan think Carvana should sell Chinese cars on the platform if American citizens want to buy them? What revenue line does Carvana not have today that Dan believes will be the biggest in 10 years time? Product Advice, North Star Metrics, Idea Selection: What is the product advice that Dan gives more than any other? How does Dan advise startup founders on how to know they have the right north star metric? What is his framework? How does Dan advise founders on how to select the right idea to work on? What is Dan's prioritisation framework for if an idea will have a larger enough impact and is therefore worthy of being worked on?
In this episode, Scott Becker discusses Rivian’s Q4 performance, Tesla’s first year-over-year decline since 2020, and Carvana’s latest short-seller woes.
In this episode, Scott Becker discusses Carvana’s meteoric stock price increase in 2024, alongside recent allegations from Hindenburg Research accusing the company of inflated earnings and questionable practices.
In this episode, Scott Becker highlights five standout stocks of the year, including MicroStrategy, Palantir, Carvana, Reddit, and Hims & Hers, with year-to-date gains ranging from 210% to 436%.