Lennar Corp
Stocks making the biggest moves premarket: Kellogg, Lennar, Spirit Airlines and others
Check out the companies making headlines before the bell: Kellogg (K) – Kellogg jumped 8.1% in premarket trading after announcing plans to split into three separate public companies. One entity will comprise the snack and international cereal businesses, another the U.S. cereal business and the third will be a pure-play plant-based food producer. Lennar (LEN) […]
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Look for more selling pressure next week as investors learn the hard way not to fight the Fed
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new […]
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Cramer’s week ahead: ‘Sell stocks into any rally’ as the Fed curbs any market bounce
CNBC’s Jim Cramer on Friday warned investors that any upcoming market rallies will be temporary as the Federal Reserve turns up the heat in its fight against inflation. “Until we see a pattern of higher unemployment, lower consumer spending and lower oil prices, just presume that you need to sell stocks into any rally because […]
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Big landlords jump into the homebuilding business as demand for single-family rentals surges
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to […]
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Developers are flooding Arizona with homes even as historic Western drought intensifies
California just experienced its driest January and February ever, and the snowpack is dangerously low. As the West enters its third year of drought, water sources are drying up, and restrictions on the Colorado River are now hitting all sectors of the Western economy, inculding homebuilding. While there is a shortage of water, there is […]
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Jim Cramer says market will find a bottom ‘far more quickly than you think’ and is poised to rally
CNBC’s Jim Cramer on Thursday predicted that Wall Street will price in a bottom soon and the market will be set for a “tremendous rally.” “Suddenly, the conventional wisdom says there’s too much of everything, so prices are going to come down. Stock prices are anticipating that. And that’s why the only sectors that sustained […]
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Stocks making the biggest moves premarket: Dollar General, Accenture, Warby Parker and others
Check out the companies making headlines before the bell: Dollar General (DG) – Dollar General rallied 5% in the premarket after the discount retailer forecast better-than-expected full-year sales. Dollar General’s quarterly earnings of $2.57 per share matched forecasts, although revenue was slightly below estimates and same-store sales fell more than expected. The company also raised […]
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