What happened Carvana's (NYSE: CVNA) stock was already having a pretty bad week after the latest inflation data showed that there's no relief in sight for consumers. Yesterday, FedEx's earnings and revenue missed analysts' consensus estimates and the company said that it's implementing cost-cutting measures, including a hiring freeze and closing 90 stores and five corporate offices. Now what Carvana investors are pairing FedEx's poor quarterly performance and Subramaniam's comments with this week's Bureau of Labor Statistics report that showed that inflation isn't slowing down.