Meta stock tumbles, Microsoft slides, and Alphabet rises as Big Tech earnings pour in
Carvana (CVNA) said sales surged 55% in the third quarter, with profits jumping in tandem as the online car retailer touted the advantages of its “vertically integrated” business model. Carvana reported Q3 revenue of $5.65 billion, up 55% versus a year ago and surpassing the $5.11 billion estimated, per Bloomberg consensus. It posted earnings per…