Carmax Beats Estimates; Circle to Extend Gains, Home Depot Seeks to Buy GMS

On this episode of Stock Movers: - CarMax (KMX) reported earnings per share for the first quarter that beat the average analyst estimate. - Circle Internet Group (CRCL) shares are set to extend gains, rising 14% in premarket trading. The stablecoin issuer rallied almost 34% on Wednesday after the US Senate passed stablecoin legislation setting up regulatory rules for crypto currencies pegged to the dollar. - Home Depot (HD) has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building-products distributor, the Wall Street Journal reported Thursday. The offer from Home Depot, the world’s largest home-improvement retailer, is for an undetermined sum, the Journal said, citing people with knowledge of the matter.See omnystudio.com/listener for privacy information.