Lennar Corp
Why Lennar is betting on a startup building backup batteries for Texas homes
In a warming world with increasingly extreme weather events, homeowners are turning to backup batteries for relief and peace of mind. But the backup only lasts only so long, and there’s a bigger problem at play: aging power grids. Enter the virtual power plant, managed through a cloud-based system. It’s a fertile market for a […]
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Stocks making the biggest moves premarket: Lennar, Cleveland-Cliffs, FedEx, Nike and more
Check out the companies making headlines in premarket trading. FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19 […]
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Stocks making the biggest moves after hours: Nike, FedEx, Micron Technology and more
Check out the companies making headlines in extended trading. FedEx — Shares slipped more than 4% after the shipping company reported an earnings miss in the fiscal third quarter. FedEx posted adjusted earnings of $4.51 per share, while analysts polled by LSEG had called for $4.54 per share. Meanwhile, quarterly revenues of $22.16 billion came […]
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A big markets week lies ahead that could determine whether this correction turns into a bear
The roller coaster ride that is the stock market lately is unlikely to come to an end anytime soon, with investors desperate for any clarity on the macroeconomic picture that could put a bottom in for equity prices. Wall Street is headed for a big week ahead, with economic data set to be scrutinized by […]
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Take a look inside the world’s largest 3D printed housing development
Just outside Austin, in Georgetown, Texas, brand new planned communities sprawl out as far as the eye can see, which is pretty far in this part of the country. But one small subdivision instantly draws focus. Just completed, it is now the world’s largest 3D-printed community. Two years ago, Lennar, the nation’s second-largest homebuilder, partnered […]
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CNBC Daily Open: Hotter-than-expected inflation stokes U.S. policy concerns
Eggs for sale at 72.2 cents per egg from a supermarket on Feb. 10, 2025 in Monterey Park, California, U.S. Frederic J. Brown | Afp | Getty Images What do arthouse movies and U.S. interest rates in 2025 have in common? There’s a chance both will have no cuts. The 3% figure for 12-month headline […]
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Wall Street analysts see big gains for these Warren Buffett-owned stocks in 2025
Wall Street analysts see big gains in the new year for many of the stocks owned by none other than Warren Buffett. CNBC Pro used FactSet data to look at Berkshire Hathaway ‘s equity portfolio at the end of the third quarter, screening for stocks with the most upside relative to Wall Street analysts’ average […]
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Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims & Hers gives access to […]
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Stocks making the biggest moves premarket: Micron, Lamb Weston, Darden, Lennar, Carmax and more
Check out the companies making headlines before the bell. Micron — The chip stock plunged nearly 13% in premarket trading after the chipmaker issued weaker-than-expected second-quarter guidance. First-quarter revenue was inline with analysts’ expectations, while earnings topped estimates, however. Lamb Weston — Shares of the frozen potato maker sank 18% after posting quarterly results that fell […]
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Stock futures are little changed after Dow posts nine-day losing streak; traders await Fed decision: Live updates
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE U.S. stock futures were little changed on Tuesday night as traders looked ahead to the Federal Reserve’s December interest rate decision. Futures linked to the Dow Jones Industrial Average added 57 points, or 0.1%. S&P 500 futures added less than 0.1%, while […]
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