Amazon and Lennar Corp. are making moves, while experts lay out their projections for industrial real estate in 2025.
Lennar's Q4 deliveries fell 7%, and new orders missed guidance by a significant margin. Click here to read why I have downgraded LEN stock to Hold.
Rafe Jadrosich, an analyst from Bank of America Securities, maintained the Hold rating on Lennar (LEN – Research Report). The associated price
Darden Restaurants, the company behind Olive Garden and other chains, helped lift the market after leaping 15.5%. It delivered profit for the latest quarter that edged past analysts’ expectations. The operator of LongHorn Steakhouses also gave a forecast for revenue for this fiscal year that topped analysts’.
The computer memory company’s revenue fell short of Wall Street’s forecasts, and Chief Executive Sanjay Mehrotra said it expects demand from consumers to remain weaker in the near term. It gave a forecast for revenue in the current quarter that fell well short of what analysts were expecting.
An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat.
U.S. stocks are stabilizing following one of their worst days of the year. The S&P 500 rose 0.2% Thursday to recover some of its loss from Wednesday, when the Federal
U.S. stocks are stabilizing following one of their worst days of the year. The S&P 500 rose 1.1% Thursday to recover about a third of its loss from Wednesday, when
Lennar Revenue, Profit Slip Amid Challenging ... in Millions of American Homes TP-Link is the bestselling router on Amazon-and has been linked to Chinese cyberattacks. National Grid to Invest ...
Amazon shares added 1.6% ... put pressure on the housing market by keeping mortgage rates higher. Homebuilder Lennar fell 4.6% after it reported weaker profit and revenue for the latest quarter ...
The Dow Jones rebounded 450 points Thursday on strong GDP and weekly unemployment numbers. AI chip giant Micron plunged on earnings.
U.S. stocks are stabilizing Thursday following one of their worst days of the year. The S&P 500 rose 0.4% in morning trading, a day after tumbling 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought.