Carvana CEO Sells $6.4M in Shares; Powell's Speech and Jobs Report to Shape Markets
Key Takeaways
- Carvana CEO Ernest Garcia III sold $6.4 million in shares on 2025-05-30.
- Cramer: Powell's speech and the nonfarm payroll report are key next week.
- Cramer: Investors are nervous about CrowdStrike's earnings report on Tuesday.
- Abercrombie & Fitch beat estimates, while American Eagle missed earnings.
- Cramer expects QXO's stock to increase; surprised by Gentex's low performance.
Top Stories
Carvana CEO sold shares worth $6.4 million
On 2025-05-30, it was reported that Carvana CEO Ernest Garcia III sold shares worth $5.4 million and $1 million, totaling $6.4 million.
Cramer: Powell's speech, nonfarm payroll report key next week
On 2025-05-30, CNBC’s Jim Cramer highlighted key market-moving events for the upcoming week, including the nonfarm payroll report and Federal Reserve Chair Jerome Powell's speech on Monday, where he hopes Powell will explain the central bank's plans to address economic changes.
Cramer: Investors nervous about CrowdStrike's earnings
On 2025-05-30, CNBC's Jim Cramer reported that some investors are nervous about CrowdStrike's upcoming earnings report on Tuesday, given the poor performance of its cybersecurity peers.
Abercrombie & Fitch beats estimates, American Eagle misses
On 2025-05-30, CNBC's Jim Cramer reviewed Abercrombie & Fitch and American Eagle Outfitters' earnings. Abercrombie & Fitch beat estimates but cut guidance due to anticipated steep tariffs, while American Eagle missed earnings, recording a $75 million write-down and announced a $200 million buyback.
Cramer on QXO, Gentex, Energy Transfer, Trade Desk
On May 30 2025, Jim Cramer shared his views on several stocks during "Mad Money". He expects QXO's stock to increase, is surprised by how low Gentex has fallen, prefers ONEOK over Energy Transfer, and regrets not recommending Trade Desk after a poor quarter.
Company Spotlight
Google to appeal online search antitrust decision
Cramer: Dollar General, Dollar Tree, Five Below earnings soon
On 2025-05-30, CNBC's Jim Cramer mentioned that Dollar General will report earnings on Tuesday, followed by Dollar Tree and Five Below on Wednesday.
Cramer: Campbell's margins pressured by rising costs, GLP-1s
On 2025-05-30, CNBC's Jim Cramer noted that Campbell’s gross margins are under pressure due to rising costs and the popularity of GLP-1 weight loss drugs.
Cramer: Brown-Forman, Cracker Barrel, Broadcom, Lululemon earnings
On 2025-05-30, CNBC's Jim Cramer noted that Brown-Forman, Cracker Barrel, Broadcom and Lululemon are expected to report earnings on Thursday.
Gilead's Trodelvy cuts breast cancer risk by 35%
On 2025-05-31, it was reported that Gilead’s Trodelvy, with Keytruda, cut breast cancer risk by 35% in a trial.
Garanti Bank announces warrant redemption prices
Garanti Bank announced on 2025-05-31 the warrant redemption prices for warrants maturing on May 30, 2025.
Analyst Insights
Cramer: Market rally possible with 'goldilocks labor report'
On 2025-05-30, CNBC's Jim Cramer stated that the market could rally on Friday if there’s a “goldilocks labor report,” meaning no job growth and no wage growth.
InvestingPro alert accurate: UMAC drops 46%
On 2025-05-31, it was reported that InvestingPro’s December overvaluation alert proved accurate as UMAC drops 46%.
Seagate gains 75% since April, validates InvestingPro analysis
Earnings Disappointments
PlayAGS, American Resources earnings and revenue missed estimates
On 2025-05-30, PlayAGS and American Resources reported that their earnings missed estimates and revenue fell short of expectations.
Executive Moves
Boston Omaha Corp sold $871,431 in Sky Harbour shares
Executives sell shares: Penumbra, Universal Insurance, Netscout...
On 2025-05-30, several executives sold company stock: Penumbra CEO Adam Elsesser sold $4.37 million, Universal Insurance director Jon Springer sold $811,656, Netscout systems EVP sold $70,410, Corvel’s vice president sold $116,959, Synchronoss technologies EVP sold $27,696, and the Kratos defense president sold shares worth $367,376.
Executives buy shares: Alliance Entertainment, Neuberger Berman
On 2025-05-30, Alliance Entertainment executive chairman Bruce Ogilvie bought $5,400 in stock, and Neuberger Berman’s portfolio manager bought $111,604 in common stock.
Policy Updates
Trump's immigration policy may trigger Fed rate cuts
On 2025-05-31, MS reported that Trump’s immigration crackdown may unexpectedly push the Fed into steeper rate cuts.
Global View
Russia stocks closed lower; MOEX Russia Index unchanged
On 2025-05-31, Investing.com reported that Russia stocks closed lower, with the MOEX Russia Index remaining unchanged.