Microsoft sheds last Sell rating, CarMax upgrade, IPO updates: Top stocks

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There are no longer any 'Sell' ratings on Microsoft (MSFT) shares after Guggenheim raised its rating to 'Neutral' on the company's AI prospects. Shares of CarMax (KMX) were upgraded to 'Outperform' at Wedbush ahead of the used auto retailer's second quarter earnings on Thursday. Meanwhile, some of the excitement over big IPOs such as Arm Holdings (ARM), Instacart (CART), and Klaviyo (KVYO) seems to be fading. Yahoo Finance Live reports on some of Monday's top trending tickers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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