Carvana Co. (NYSE:CVNA) saw a 10.74% jump in shares last week, reaching a new all-time high after a strong Q2 earnings report. Net income rose 542% to $308 million, with total revenues up 42% to $4.84 billion. The company sold 143,280 units, a 41% increase year-on-year, ending the week at $367.78. Carvana forecasts a sequential increase in retail units sold for Q3, with adjusted EBITDA expected to range from $2 billion to $2.2 billion for full-year 2025. While CVNA shows promise as an investment, some AI stocks may offer higher returns. For more information on a potentially lucrative AI stock, check out our free report on the best short-term AI stock.

Read more at Yahoo Finance: Carvana (CVNA) Shocks with 10.7% Gain as Buyers Move to Used Cars