Unlike the relatively calm market reaction following the release of non-farm payroll data last Friday, the hotter-than-expected inflation data released this Wednesday dealt a fatal blow to market sentiment. The traders did not regain confidence after the sell-off and all three major US stock indices closed with losses. Additionally, multi-term U.S. Treasury yields spiked while the previously hot commodity gold retreated...
$ロケットカンパニーズ A(RKT.US)$,$オープンドア テクノロジーズ(OPEN.US)$and other real estate-related stocks sank on Wednesday as a hot U.S. inflation report dampened hopes for lower mortgage rates. Rocket – the parent firm of popular housing lender Rocket Mortgage Co. – fell 10.9% to $12.57 shortly before noon ET, while rival mortage firm$レンディングツリー(TREE.US)$shed 4.3% to $39.31. OpenDoor, which operates a digital platform for home sales,...
10baggerbamm :
rocket is a great company they've been around over 25 years they are interest rate sensitive let's be realistic the refinance of properties of existing customers is a big percentage of their revenue and it is basically non-existent at this point they just like all of the other lending institutions that are not only in a position to drive revenue from purchases but refinances require rates to fall in order for institutional buying to take place.. so keep it on your screen and when pal signifies he's going to cut rates you buy it because it's not going to be a one and done event it will be multiple rate cuts over. about a year to a year and a half and rock it will be one of the main benefactors
On March 13, 2024, Lennar Corporation, the second-largest publicly traded homebuilding company in the US, disclosed its 8-K filing, which reported robust results for the company's performance in the first quarter of 2024, although shares edged lower in premarket trading on Thursday. The company's net earnings increased by 21%, reaching $719 million. Earnings per share saw a rise of 25%, hitting $2.57 per diluted...
Analysts warn that Lennar's strategy of maintaining high volume through price reduction, coupled with rising land prices, may hurt margins. The increasing 10-year Treasury yield, a mortgage rate benchmark, could also challenge the company by limiting potential buyers' purchasing power.
Despite fluctuating mortgage rates and housing shortage, buyers responded to increased sales incentives, boosting new orders and deliveries, says Lennar's Co-CEO Stuart Miller. He also noted a consistent macroeconomic environment in the quarter.
Wells Fargo sees Tesla's potential price cuts as a risk to its bottom line and valuation. High mortgage rates stress the U.S. home buying landscape, possibly impacting Lennar's results. SentinelOne may benefit from increased cybersecurity spending due to rising ransomware attacks. Boeing's safety issues could cause customers to lower aircraft delivery expectations or switch to rivals.
レナー Aに関するコメント
Rocket – the parent firm of popular housing lender Rocket Mortgage Co. – fell 10.9% to $12.57 shortly before noon ET, while rival mortage firm $レンディングツリー(TREE.US)$ shed 4.3% to $39.31.
OpenDoor, which operates a digital platform for home sales,...
The company's net earnings increased by 21%, reaching $719 million. Earnings per share saw a rise of 25%, hitting $2.57 per diluted...
positions: Long S equity.
Monday will see $オラクル(ORCL.US)$ set the tone for the week, followed by a suite of announcements from $マンチェスター ユナイテッド A(MANU.US)$, $オン ホールディング A(ONON.US)$, and $Phunware インク(PHUN.US)$ on Tuesday. Wednesday's lineup features $ダラー ツリー(DLTR.US)$, $ジム インテグレーテッド シッピング(ZIM.US)$, and ...
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