LEN
NYSE · Consumer products
Lennar Corp-A
$87.35
-0.09 (-0.10%)
LEN News24 articles
Lennar Stock Drops on Lowered Outlook Despite Earnings Beat
Lennar beat adjusted EPS estimates but cut its 2026 delivery target and issued weaker-than-expected Q3 guidance, sending shares lower after hours.
TSMC ADRs Surge on Nvidia's AI PC Chip Launch and Tight Capacity
TSMC's US-listed shares surged 5.4% to $441.09 after Nvidia unveiled its RTX Spark AI PC chip, reinforcing demand for TSMC's advanced manufacturing amid tight capacity.
HP Shares Swing After AI PC Demand Boosts Earnings Beat
HP Inc. shares swung after fiscal Q2 earnings beat estimates, with revenue up 9% to $14.4 billion. AI PC demand and Windows 11 upgrades drove growth, but rising component costs trimmed the full-year profit outlook.
HPQ Soars 15% on PC Demand Boost Ahead of Earnings
HP Inc. shares jumped 15.3% Friday, their biggest one-day gain in months, after Lenovo's strong results boosted PC hardware stocks. Investors await HP's fiscal Q2 earnings on May 27.
HP Stock Surges 15% Ahead of Earnings: AI PC Demand in Focus
HP shares surged 15% to $25.24 ahead of fiscal Q2 earnings. The rally hinges on AI PC demand and memory chip cost management.
Dow Jones Hits New Record Amid Inflation Concerns and Iran Talks
The Dow Jones Industrial Average closed at a record 50,579.70 on Friday, rising 0.6% as investors responded to progress in U.S.-Iran talks and strong earnings. The S&P 500 marked its eighth straight weekly gain.
Millrose Properties in Spotlight as Dream Finders Presses Beazer Bid
Millrose Properties shares rose to $27.65 after Dream Finders Homes renewed its $25.75/share cash bid for Beazer Homes, with Millrose offering up to $500M in land-banking capital.
Toll Brothers Stock Gains After Earnings Beat, But Luxury Housing Faces Headwinds
Toll Brothers shares climbed 2.7% in after-hours trading after the luxury homebuilder reported quarterly earnings and revenue above Wall Street forecasts, though profits fell from a year ago.
Nvidia's China H200 Sales Stalled Despite US Approval
US regulators have cleared Nvidia to sell its H200 AI chips to major Chinese companies, but no shipments have occurred as Chinese buyers hold off under Beijing's guidance.
Lennar's Expansion Plans Face Headwinds from Elevated Mortgage Rates
Lennar shares slipped 0.5% as the homebuilder accelerates new community launches despite high mortgage rates and a disappointing spring selling season.
Mortgage Rates Hold Near Recent Lows, Yet Spring Housing Demand Remains Subdued
Mortgage rates stabilized near recent lows, sparking a 5.1% weekly jump in refinance applications. However, purchase demand dipped 1% as builder confidence fell to a seven-month low amid economic uncertainty.
Mortgage Rates Surge to 6.38%, Highest Since September, Pressuring Housing Stocks
The average 30-year fixed mortgage rate jumped to 6.38% this week, reaching its highest level since early September. The increase, driven by rising Treasury yields and surging oil prices, contributed to a 10.5% weekly drop in mortgage applications.
Mortgage Rates Hover Near Multi-Year Highs as Housing Data Sours
Mortgage rates held near recent peaks on Monday, with the 30-year fixed rate at 6.49%. New home sales tumbled 17.6% in January to the lowest level since late 2022.
Mortgage Rates Surge Past 6.5% as Bond Selloff Rattles Housing Market
Mortgage rates climbed above 6.5% Friday, reaching a multi-month high as Treasury yields surged. The jump pressured housing stocks and caused a sharp drop in mortgage applications.
Mortgage Rates Hit 6.22%, Housing Market Stumbles as Spring Season Begins
The average 30-year fixed mortgage rate climbed to 6.22% this week, the highest level since December. Housing stocks declined as higher borrowing costs and falling sales dampened sentiment.
Mortgage Rates Hold Near 6.3% as Fed Stays Put, Cooling Refinance Demand
Following the Federal Reserve's decision to maintain its benchmark interest rate, the average 30-year fixed mortgage rate held near 6.3% this week. Mortgage applications fell sharply, led by a 19% drop in refinancing activity.
Mortgage Rates Climb, Threatening Spring Housing Momentum
U.S. mortgage rates increased to 6.29% this week, reversing a brief dip below 6% and threatening the spring housing market's early momentum. California's median home price reached $830,370 in February, with sales remaining below 300,000 for the 41st consecutive month.
Mortgage Rates Dip to 6.29% as Fed Decision Looms, Housing Market Shows Mixed Signals
The average 30-year fixed mortgage rate declined to 6.29% on Tuesday from 6.36% as bond markets stabilized before the Federal Reserve's policy announcement. Pending home sales increased 1.8% in February amid the rate relief.
Mortgage Rates Surge to 6.41% as Bond Yields, Oil Prices Climb
U.S. mortgage rates jumped sharply this week, with the 30-year fixed rate reaching 6.41% as Treasury yields and oil prices rose. The increase complicates the spring homebuying season and has already impacted homebuilder earnings.
Mortgage Rates Climb, Housing Stocks Retreat Amid Mixed Data
Mortgage rates increased this week, with the average 30-year fixed loan reaching 6.11%. Housing starts and permits declined in January, though mortgage applications rose. Major homebuilder and lender stocks traded lower.
Mortgage Rates Dip Below 6% Threshold, Yet Housing Stocks Face Persistent Headwinds
The average 30-year fixed mortgage rate declined to 5.98% this week, marking its first sub-6% reading since 2022. Despite the favorable rate move, major housing equities sold off sharply as broader market concerns and sector-specific challenges weighed on sentiment.
Mortgage Rates Slide to 6.01%, Yet Housing Market Momentum Remains Elusive
The average 30-year fixed mortgage rate dropped to 6.01% this week, hitting a multi-year low. However, mortgage lenders and homebuilder stocks exhibited mixed performance amid tepid housing data.
Mortgage Rates Dip as Markets Pause; Builders Gain Ahead of Fed Minutes
U.S. mortgage rates declined slightly, with the average 30-year fixed rate at 6.13%. Markets were closed for Presidents Day, with homebuilder equities advancing ahead of key economic data this week.
Mortgage Rates Hold at 6.23% Amid Data Delay; Key Reports Loom
U.S. 30-year fixed mortgage rates remained steady near 6.23% as bond markets paused ahead of delayed jobs and inflation data. Mortgage-related stocks showed mixed premarket movement.