Lennar (LEN) delivered earnings and revenue surprises of -3.12% and 2.12%, respectively, for the quarter ended November 2024. Do the numbers hold clues to what lies ahead for the stock?
US stocks (^DJI, ^IXIC, ^GSPC) sold off in Wednesday's session after the Federal Reserve's latest interest rate cut, central bank officials indicating their plans to ease up on the amount of rate cuts planned for 2025. Yahoo Finance markets reporter Josh Schafer shares his insights into the trading day's biggest market trends, including the downturn in the Russell 2000 small cap index (^RUT), upticks in Treasury yields (^TYX, ^TNX, ^FVX), and losses seen across mega-cap tech names. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.
Winnipeg, Manitoba--(Newsfile Corp. - December 18, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration company, today announced that it intends to offer to sell its common shares (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) in a best efforts public offering. All of the common shares (or Pre-Funded Warrants in lieu thereof) are to be sold by the Company. ThinkEquity is acting as sole placement ...
As the major market indexes (^DJI, ^IXIC, ^GSPC) sell-off ahead of Wednesday's close following the Federal Reserve's cut to interest rates, what does this signal for the options market? SpiderRock Advisors President and CIO Eric Metz sits down with the Market Domination team to speak more about where he is seeing volatility (^VIX) spikes in the equities market, expecting a climb like this to happen "multiple times a year." "Post-election there was a lot of heightened scrutiny around where markets would go," Metz tells Julie Hyman and Josh Lipton. "so once the markets got that clarity and it was all coast is clear for risk assets specifically in equities... Largely speaking when volatility came in... a couple couple of days ago, maybe a week ago, it was one of the cheapest points in time to hedge equity portfolios over the past three to four years." "And so when we think about that complacency, you know, it's usually mean reverting. And today's information obviously spooked investors with today's information," he adds. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.
Lennar logged lower revenue and profit in its fiscal fourth quarter as the housing market was hurt by higher mortgage rates, sending its shares lower in post-market trading.
Micron (MU) delivered earnings and revenue surprises of 2.29% and 0.01%, respectively, for the quarter ended November 2024. Do the numbers hold clues to what lies ahead for the stock?
SoundHound AI (SOUN) and Quantum Computing (QUBT) are both rallying by well over 20% today. SoundHound develops voice-based AI solutions, while Quantum Computing sells quantum machines that are used to solve extremely complex problems and process data. SOUN stock has been soaring since Monday, when Wedbush Securities analyst Dan Ives hiked his price target on […]
BIRMINGHAM, Ala., December 18, 2024--Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced that it has reached an agreement with Viceroy Research LLC ("Viceroy") and its members to mutually settle and dismiss the defamation lawsuit originally filed in federal court on March 30, 2023. The parties have agreed to keep the terms of the settlement confidential.