Stifel downgrades Carvana as slowing demand for used cars erodes conviction in the auto seller

Stifel downgrades Carvana as slowing demand for used cars erodes conviction in the auto seller



Several signs including a planned workforce reduction implies “weaker demand will persist beyond the near-term,” analysts said.



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Comcast spinoff Versant announces board of directors. Here’s the slate
Business

Comcast spinoff Versant announces board of directors. Here’s the slate

Versant signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, July 21, 2025. Michael Nagle | Bloomberg | Getty Images Comcast on Thursday announced the expected board members of its cable networks spinout, Versant. They come from backgrounds in media, technology, finance and other industries, according to […]

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McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants
Business

McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants

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Family office deal-making has fallen this year as investors wait for clarity
Business

Family office deal-making has fallen this year as investors wait for clarity

Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have […]

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