Carvana shares fall 14% following short-seller accusations

Carvana shares fall 14% following short-seller accusations

A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family.  Gotham City Research alleged Wednesday that the online used car…

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Bad reviews didn’t scare off the ‘Five Nights at Freddy’s 2’ audience. It even broke a record

Bad reviews didn’t scare off the ‘Five Nights at Freddy’s 2’ audience. It even broke a record

“Five Nights at Freddy’s” has powered up the box office once again. The sequel opened in 3,412 theaters in the U.S. and Canada this weekend and far surpassed expectations with $63 million in ticket sales, according to studio estimates Sunday. Seemingly immune to widely negative reviews, “Five Nights at Freddy’s 2” notched the biggest opening…

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U.S.-China soybeans reveals food security goals. Goldman Sachs plays

U.S.-China soybeans reveals food security goals. Goldman Sachs plays

China’s slow ramp up of U.S. soybean imports this year underscores how Beijing has gradually increased its domestic production, thanks to policy support. “The course of improvement in food self-sufficiency mirrors the efforts in China’s energy and chips security,” Goldman Sachs analysts said in a Dec. 9 report about China agriculture stock plays. Beijing’s top…

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