Carvana Shares Rise, Cloudfare Climbs, Trump Media Crypto Partnership

On this episode of Stock Movers:

- Carvana (CVNA) shares rise after Morgan Stanley raised the used-car retailer to overweight, saying the pullback in shares creates an attractive entry point for the used-car retailer. The stock had slid 25% from a peak in February through last close amid a broader market slump.
- Cloudflare (NET) shares climb as BofA double-upgrades the software company to buy on improving fundamentals, saying it’s set to be an “AI winner.” Cloudflare’s differentiated positioning in AI leaves “high probability” the firm can become leader in AI-as-a-Service (AlaaS)
-Trump Media (DJT) shares jump after signing a non-binding agreement to partner with Crypto.com for a series of ETFs through its Truth.Fi brand. The products will be available this year in the US, Europe and Asia, pending regulatory approval.

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