-
Why Lennar Stock Is Moving Higher After Hours
Wednesday, June 14, 2023 - 4:48pm | 470Shares of U.S. homebuilder Lennar Corp (NYSE: LEN) are trading higher in Wednesday's after-hours session after the company reported better-than-expected quarterly results. Q2 Revenue: $8.04 billion beat estimates of $7.18 billion Q2 EPS: $2.94 beat estimates ...
-
Fed Verdict Awaited: Fresh Signs Of Easing Inflation Reinforce Rate Hike Pause Expectations
Wednesday, June 14, 2023 - 12:24pm | 2200(Wednesday market open) For the first time in well over a year, the Federal Open Market Committee (FOMC) is widely expected to end its meeting today without raising interest rates. Stocks entered a new bull market last week and traded at nearly 14-month highs yesterday after new...
-
Stitch Fix Appoints Former Macy's Executive As Its CEO
Wednesday, June 14, 2023 - 11:22am | 326Stitch Fix Inc (NASDAQ: SFIX) has appointed Matt Baer as its Chief Executive Officer and a member of the Board of Directors, effective June 26, 2023. Founder, interim CEO and Executive Chairperson of the Board Katrina Lake will continue in her role as Executive Chairperson of the Board....
-
Lennar, RadNet And 3 Stocks To Watch Heading Into Wednesday
Wednesday, June 14, 2023 - 4:04am | 323With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Lennar Corporation (NYSE: LEN) to report quarterly earnings at $2.31 per share on revenue of $7.17 billion after the closing bell. Lennar...
-
Investor Sentiment Improves Further Following Inflation Report
Wednesday, June 14, 2023 - 2:45am | 349The CNN Money Fear and Greed index showed further improvement in overall sentiment among U.S. investors on Tuesday. U.S. stocks closed higher on Tuesday following the release of inflation data. The consumer price inflation in the U.S. eased to 4.0% in May, recording the lowest level since March...
-
Lennar Likely To Report Lower Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Tuesday, June 13, 2023 - 9:07am | 383Lennar Corporation (NYSE: LEN) is expected to report its earnings results for the second quarter ended May 31, 2023 after the closing bell on June 14, 2023. Analysts expect the company to post quarterly earnings at $2.31 per share, down from year-ago earnings of $4.49 per share. The company’s...
-
2 Real-Estate Related Stocks Showing Signs Of Being Undervalued
Friday, June 9, 2023 - 5:12pm | 876You might not typically think a rising price stock is undervalued, but that looks to be the case with real-estate-related companies Century Communities Inc. (NYSE: CCS) and MGIC Investment Corp. (NYSE: MTG). Coincidentally, both those stocks happen to be up 8.12% in the past month, and both...
-
Adobe Brings Image-Creating AI Tools Firefly And Express To Enterprises To Cater To Content Creation Demand
Thursday, June 8, 2023 - 12:05pm | 460Adobe Inc. (NASDAQ: ADBE) launched a new generative AI offering in Adobe Summit EMEA 2023, which brings Adobe Firefly and Adobe Express to big companies worldwide, with PI indemnity. Firefly for Enterprise will cater to the surging demand for digital content at scale and help...
-
Why Yext Shares Are Trading Higher By 14%; Here Are 20 Stocks Moving Premarket
Wednesday, June 7, 2023 - 8:07am | 827Gainers Wejo Group Limited (NASDAQ: WEJO) shares rose 70.2% to $0.1023 in pre-market trading after dropping 29% on Tuesday. Wejo Group recently said it is evaluating whether to file ancillary insolvency proceedings for the company and other units in other jurisdictions, including the US. Heliogen...
-
Marriott Pens Deal To Debut Its Aloft Brand In Singapore
Tuesday, June 6, 2023 - 12:28pm | 370Marriott International Inc (NASDAQ: MAR) penned a deal with Hiap Hoe Limited to launch the Aloft Hotels brand in Singapore. The company is expected to open its first Aloft property in the country in Q3 2023. The 785-room debut Aloft Singapore Novena hotel will be the largest Aloft...
-
Lululemon Renews Contract With Xponential Fitness, Boosts Customer Offering
Tuesday, June 6, 2023 - 11:36am | 396Lululemon Athletica Inc (NASDAQ: LULU) Xponential Fitness Inc (NYSE: XPOF) renewed their partnership to introduce a vast selection of digital workouts at lululemon Studio. As per the deal, Xponential Fitness will boost the number of workouts from Pure Barre, Rumble, AKT, and...
-
Dow Rises Sharply Following Jobs Data But Investor Sentiment Drops
Monday, June 5, 2023 - 2:52am | 341The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors on Friday. The Dow recorded its best day since January following strong jobs data and passage of a bill to raise the debt ceiling. The U.S. economy added 339,000 jobs in May, significantly higher than...
-
Amid Macro Headwinds, Lululemon Shines Bright With Topline Growth And Broad-Based Momentum: Morgan Stanley
Friday, June 2, 2023 - 2:39pm | 446Morgan Stanley analyst Alex Straton reiterated an Overweight rating on the shares of Lululemon Athletica Inc (NASDAQ: LULU), raising the price target from $405 to $424. Clean beat & raise stands out this earnings season, & quells quarter-to-date demand...
-
Why Guidewire Software Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Friday, June 2, 2023 - 1:00pm | 1571Gainers MultiMetaVerse Holdings Limited (NASDAQ: MMV) gained 236% to $3.1592 after the company announced it signed a non-binding term sheet to acquire an equity stake in Taomee group. Yunji Inc. (NASDAQ: YJ) gained 83.8% to $0.39 after reporting first-quarter financial results. U Power Limited (...
-
Zscaler, MongoDB, Chemours And Other Big Stocks Moving Higher On Friday
Friday, June 2, 2023 - 11:02am | 831U.S. stocks traded higher, with the Dow Jones gaining over 400 points on Friday. Here are some big stocks recording gains in today’s session. U Power Limited (NASDAQ: UCAR) shares gained 65.4% to $12.55. U Power shares jumped 144% on Thursday after the company announced it entered into a...