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KB Home admits it may have gone too far with home price cuts in Florida—and now the housing market is showing signs of stabilizing. In this LIVE episode we will discuss the current housing market while updating you on mortgage rates and the economy to help you become The Educated HomeBuyer.Article: https://www.resiclubanalytics.com/p/kb-home-cut-florida-home-prices-this-year-now-it-s-seeing-signs-of-housing-market-stabilization Start your stress-free loan journey todayJoin Rate Watch – we'll watch rates for youEmail: info@theeducatedhomebuyer.comConnect with Us
¡Emprendeduros! En este episodio Rodrigo nos da una actualización de mercado donde habla del estatus del mercado, de las nuevas inversiones del gobierno, del discurso de Jerome Powell, de del movimiento de Bienes Raices y del ajuste a los numeros de PIB. Nos da los reportes de ingresos de Autozone, Micron Technologies, KB Home, Accenture y Carmax. Después habla de Nvidia y su inversion en OpenAI y de las nuevas legiones de inversores de MEME. Finalmente contesta a dos preguntas de los Emprendeduros. ¡Síguenos en Instagram! Rodrigo: https://www.instagram.com/rodnavarro Emprendeduros: https://www.instagram.com/losemprendeduros Para mas información sobre nuestro fondo visita: https://emprendedurosventures.com/
Carl Quintanilla, Jim Cramer and David Faber led off the show with Intel, one day after the stock jumped 6%. The company has reportedly approached Apple about investing in the troubled chipmaker. President Trump is expected to sign a deal Thursday that would facilitate the sale of TikTok's U.S. operations. Starbucks ramps up its turnaround strategy, disclosing it would cut up to 900 corporate jobs and close a number of locations. Also in focus: Stocks extend losses on tech weakness, Q2 GDP jumps to 3.8%, existing home sales edged lower in August, KB Home's earnings beat, China's BYD outsells Tesla again in the EU, CoreWeave expands OpenAI pact, CarMax tumbles. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Carl Quintanilla, Sara Eisen, and David Faber kicked off the hour looking at the latest data on jobs and US GDP - before diving into what it all means for stocks with Piper Sandler's Chief Investment Strategist. Plus: the earnings names you need to know... Accenture CEO Julie Sweet joined the team to breakdown new numbers from her company, while one housing analyst joined Post 9 with his housing playbook following results out of KB Home. Also in focus: hear the latest reporting around a possible Tiktok deal today - and breaking news during the hour - a recap of the new Supreme Court amicus brief in support of Fed Governor Lisa Cook from every living former Fed Chair, many former Treasury Secretaries & even CEA chairs.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Ben and Tom discuss KB Home earnings, Stephen Miran's comments from the Economic Club of New York, and recapping yesterday's CFA meeting.Song: Fly Like an Eagle - Steve Miller BandFor information on how to join the Zoom calls live each morning at 8:30 EST, visit:https://www.narwhal.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhal.com/disclosure
Wir sehen weiterhin Zurückhaltung an der Wall Street. Die Aktien von Accenture, CarMax, HB Fuller und KB Home stehen nach den Ergebnissen alle unter Druck. Accenture verfehlt bei den Aussichten. CarMax sieht deutlich mehr Abschreibungen im Kreditbereich und die Aussichten von Jabil liegen kaum über den Erwartungen. Ansonsten sehen wir heute Morgen überwiegend robuste Wirtschaftsdaten. Die Erstanträge für Arbeitslosenhilfe sind letzte Woche auf das niedrigste Niveau gesunken seit Mitte-Juli. Die Renditen der US-Staatsanleihen ziehen folglich an. FED-Chef Jerome Powell hatte diese Woche gemahnt, dass die Wall Street eventuell zu viele Zinssenkungen eingepreist hat. Wir sehen ansonsten im Tech-Sektor überwiegend positive Analystenkommentare. Moffett Nathanson hebt das Kursziel von Google an, während die Bank of America die Ziele für Marvell anhebt. Barclays schraub das Ziel für NVIDIA auf $240. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram
Wir sehen weiterhin Zurückhaltung an der Wall Street. Die Aktien von Accenture, CarMax, HB Fuller und KB Home stehen nach den Ergebnissen alle unter Druck. Accenture verfehlt bei den Aussichten. CarMax sieht deutlich mehr Abschreibungen im Kreditbereich und die Aussichten von Jabil liegen kaum über den Erwartungen. Ansonsten sehen wir heute Morgen überwiegend robuste Wirtschaftsdaten. Die Erstanträge für Arbeitslosenhilfe sind letzte Woche auf das niedrigste Niveau gesunken seit Mitte-Juli. Die Renditen der US-Staatsanleihen ziehen folglich an. FED-Chef Jerome Powell hatte diese Woche gemahnt, dass die Wall Street eventuell zu viele Zinssenkungen eingepreist hat. Wir sehen ansonsten im Tech-Sektor überwiegend positive Analystenkommentare. Moffett Nathanson hebt das Kursziel von Google an, während die Bank of America die Ziele für Marvell anhebt. Barclays schraub das Ziel für NVIDIA auf $240. Ein Podcast - featured by Handelsblatt. +++ Individuell, aktiv und ausgezeichnet: Die Vermögensverwaltung von DJE – mehr unter https://www.dje.de/vv +++ +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html Impressum: https://www.360wallstreet.de/impressum
Charlie Bobrinskoy of Ariel Investments helps frame today's market action, while KB Home earnings take the spotlight. Cristiano Amon, CEO of Qualcomm, joins with announcements from the Snapdragon Summit on AI investments, and ABB CEO Morten Wierod discusses how companies are handling the surge in power demand as AI consumption grows. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
S&P futures are edging higher this morning, led by strength in tech after upbeat earnings from Micron and a surge in Alibaba to a four-year high on new AI investment plans. President Trump pivoted on Ukraine in his U.N. speech, while Fed Chair Powell warned of persistent risks in the labor market and inflation, calling the outlook “challenging.” Investors remain cautious amid elevated valuations and recent volatility. On earnings, MU, AIR, and MLKN delivered positive results last night, with KB Home set to report after the bell.
Carl Quintanilla, Jim Cramer and David Faber discussed stocks getting a boost and oil prices sliding in reaction to President Trump declaring the Israel-Iran ceasefire "in effect" -- shortly after he accused both countries of violating the truce. The anchors also explored what to expect from part one of Fed Chair Jerome Powell's Capitol Hill testimony on the economy, starting Tuesday before the House Financial Services Committee -- as President Trump continues to pressure Powell to cut rates. Visa CEO Ryan McInerney joined the program exclusively to discuss the company's stablecoin strategy and the state of the consumer. Also in focus: Carnival surges on earnings, KB Home cuts guidance. Squawk on the Street Disclaimer
Con Ignacio Vacchiano, responsable de distribución en España de Leverage Shares, miramos hacia los valores Factset, KB Home, Walmart, Bank Of New York Mellon, Northern Trust y Fedex.
On this episode, we are joined by Mike Trulove -- Senior Project Manager at CDI Contractors.Mike's success story began chasing gold buckle dreams as a professional bull rider in Austin, TX. Along the way, he was running his own fencing company on the side, when all of a sudden, he suffered a career-ending injury. After his bull riding career ended, he joined KB Home for about 2 years, superintending 60 to 80 homes at a time. He decided he wanted to get into the commercial side of construction as the residential construction market saw a crash, which led to him joining Hensel Phelps as a field engineer. Along the way, Mike applied an impressive work ethic coupled with a growth mindset and a high self-awareness to help him grow into who he is today.In this episode, we discuss:• What lean construction means to him — and how companies can benefit by implementing lean into their organization• His experience transitioning from residential construction to ultimately working on international mega projects• His perspective on building a thriving culture by aligning the “mind, body and spirit” of the organization• His personal experience going from a construction employee, to a consultant, and back to an employee leading his team to successAnd much more…If you're looking for new ways to implement the Lean mentality into your construction organization, you want to build a thriving construction culture, or you simply want to hear the perspective of a seasoned construction leader who genuinely cares about pushing the industry forward -- you're in for a treat with this episode!
Looking for modern, commuter-friendly living in the Bay Area? The Chapter by KB Home in Castro Valley offers stylish townhome-style condos designed for comfort and convenience. Located within walking distance to the Castro Valley BART station and with easy access to I-580, this community is perfect for professionals and families alike.
¡Emprendeduros! En este episodio Rodrigo y Alejandro nos dan una actualización de mercado donde hablan del estatus del mercado, la confianza del consumidor, las nuevas casas, los aranceles y el dia de la liberacion. Nos dan los reportes de ingreso de KB Home, McCormick, Dollar Tree y Petco. Después hablan de la oferta inicial de la semana y del nuevo instrumento en los mercados de valores. Finalmente nos dan el análisis de crypto donde hablan de las adquisiciones de crypto, de GameStop y de DJT.
Carl Quintanilla, Jim Cramer and David Faber discussed the markets trying to extend Monday's rally in equities. The anchors reacted to comments from Alibaba Chairman Joe Tsai, who warned about a potential AI data center "bubble." Tesla shares up more than 20% in less than a week -- and attempting to shrug off weak EU sales data. Also in focus: Boeing reportedly reconsidering its guilty plea agreement, KB Home slides, oil's winning streak, markets on tariff watch ahead of President Trump's April 2 announcement. Squawk on the Street Disclaimer
Andrew, Ben, and Tom discuss KB Home earnings, Meta's new subscription plans, and yesterday's market rally. For information on how to join the Zoom calls live each morning at 8:30 EST, visit:https://www.narwhal.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhal.com/disclosure
Wall Street wavered overnight as investors digested Monday’s strong rally. US consumer confidence fell to a four-year low, weighing on sentiment. Meanwhile, KB Home shares slipped on affordability concerns, while UPS also declined amid worries over weak demand. In contrast, International Paper gained as brokers predicted a guidance beat. Elsewhere, Tesla’s market share in Europe continued to decline, despite growth in overall EV registrations. In commodities, oil prices fell after Russia and Ukraine agreed to a Black Sea shipping truce, while US copper hit a record high. Closer to home, tax cuts for Australians were announced in the Federal Budget and looking ahead, the ASX is expected to lift on Wednesday ahead of key inflation data. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
Carson Group's Ryan Detrick and Evans May Wealth's Brooke May break down the latest market trends and today's big rally. Morgan Stanley Global Chief Economist Seth Carpenter weighs in on the economy and impact of tariffs talk. Twilio CEO Khozema Shipchandler discusses AI's impact on business—and how the company is using AI internally to drive efficiency. Alan Ratner, Managing Director at Zelman & Associates, analyzes KB Home's earnings. Plus, former Intel CEO Pat Gelsinger gives his first interview since being ousted from the helm of the chipmaker and an inside look at how China is courting US CEOs (again) with our Eunice Yoon.
Analizamos la actualidad en Wall Street pasando por el PMI compuesto en EE.UU., Tesla, Ford, Boeing, las mineras de oro y KB Home con Ignacio Vacchiano, responsable de distribución en España de Leverage Shares.
Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to wholesale inflation data: The December Producer Price Index came in cooler than economists' forecasts. The anchors also discussed China reportedly weighing a sale of TikTok's U.S. operations to Elon Musk. At the J.P. Morgan Healthcare Conference in San Francisco, Jim interviewed Eli Lilly CEO David Ricks about the company's latest guidance and road ahead for its weight loss drugs. Also in focus: "Magnificent 7" movers, KB Home beats, Signet Jewelers plunges, the California wildfires effect. Squawk on the Street Disclaimer
KB Home (KBH) ticked higher after reporting an earnings beat. It comes as the homebuilder industry faces numerous setbacks from decreasing sales to a barrage of downgrades and price target cuts. George Tsilis takes a closer look at what KB Home's beat means for the company and the industry ahead. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Tono mixto en Estados Unidos con la atención puesta en Johnson & Johnson, KB Home, Eli Lilly y Tesla. Vistazo además al sector financiero y energético, con Ignacio Vacchiano, responsable de distribución en España de Leverage Shares.
Looking for a spacious, move-in-ready, three-bedroom condo in the heart of Milpitas? This is it! With high ceilings, an expansive kitchen, private balcony, and the perfect location near the Great Mall and BART, these homes offer a modern lifestyle with unbeatable convenience. As a preferred real estate partner with KB Homes, I'm here to give you an exclusive tour of these stunning properties. But hurry—these are the LAST units available in this sought-after community.
Alissa Coram and Ed Carson walk through the day's technical action with stocks to watch in Tuesday's version of Stock Market Today.
David Faber, Sara Eisen and Mike Santoli covered all of the market bases as the Dow and S&P 500 hit new all-time highs. The anchors also reacted to shares of General Motors and Ford falling on downgrades from Morgan Stanley analyst Adam Jonas. Hear what one analyst had to say about investing in Vistra, the company that leapfrogged Nvidia to become this year's biggest gainer on the S&P 500. Also in focus: KB Home slides on earnings, Activist investor Elliott escalates its battle against Southwest Airlines, Justice Department vs. Visa, Google files a complaint with EU antitrust regulators about Microsoft's cloud business. Squawk on the Street Disclaimer
Trading on Wall Street showed mixed results before the opening bell on September 25, 2024, with futures for the S&P 500 and the Dow Jones Industrial Average remaining stable. KB Home experienced a decline of over 6% in premarket trading after failing to meet profit expectations amid softened demand. SAP dropped 2.3% due to an investigation by the U.S. Department of Justice regarding pricing practices. Stitch Fix witnessed a significant 25% decline after reporting a larger-than-expected quarterly loss. Global markets initially rose following measures from Beijing to revive the housing market but later saw downturns, particularly in Germany and France. In Asia, mixed outcomes were recorded with the Hang Seng and Shanghai Composite indices rising, while the Nikkei and Kospi fell. The Federal Reserve's interest rate adjustments influenced market dynamics, alongside a report indicating concerns among U.S. households about the job market and reduced confidence levels. Oil prices dipped, while the dollar strengthened against the yen and the euro. U.S. stocks reached new records, with the S&P 500, Dow Jones, and Nasdaq all posting gains.Learn more on this news visit us at: https://greyjournal.net/ Hosted on Acast. See acast.com/privacy for more information.
Oscar-winning director James Cameron is joining the board of Stability AI and he joins to discuss what AI means for the future of moviemaking. Morgan sits down for an exclusive interview with Commerce Secretary Gina Raimondo to discuss new proposals to ban some Chinese and Russian components from connected cars starting in 2027, plus the future of Intel. Earnings and analysis on KB Home, plus key investor takeaways from today's weight-loss drug pricing hearing on Capitol Hill.
Consumer prices cooled in June which fueled more bond buying. The 10-year Treasury yield hit its lowest level since March and fell 8 basis points to around 4.20%. Despite sharp declines for the Nasdaq and S&P 500, market breadth was overwhelmingly positive. KB Home and Urban Outfitters gave buy signals, while Apple's decline was orderly.
In this episode, I address the growing concerns about housing affordability and the predictions of a market crash. We analyze historical data from the early 1980s to understand the impact of high mortgage payments on home prices and transactions. We also discuss the current trends in new construction, home builder price adjustments, and the implications of the upcoming Fed meeting. Join me as I break down the facts and debunk the myths surrounding the housing market's future. Key Talking Points with Timestamps [0:00] Introduction to Housing Affordability Concerns - Discussion on the rising concerns about housing affordability leading to a market crash. [0:57] Historical Analysis - Comparison of current affordability issues to the early 1980s and their impact on home prices. [2:28] Kobayashi Letter Highlights - Examination of the Kobayashi letter's findings on mortgage payments as a percent of income. [4:55] Transaction Trends - Analysis of historical transaction data during periods of high mortgage payments. [6:25] New Construction Inventory - Cities with the highest percentage of new construction in active listings. [8:10] Home Builder Price Declines - Evaluation of price declines among major home builders like Lennar, KB Home, and Pulte. [10:34] Fed Meeting Predictions - Discussion on the potential for a September rate cut and its market implications. [12:03] Home Price Increases Since 2020 - Areas with the highest home price increases since March 2020. [13:30] School Community Updates - Information on recent and upcoming events in the school community. [15:04] Encouragement to Join the Community - Invitation to join the school community for networking and educational opportunities. Links & Resources One Rental at a Time: https://www.onerentalatatime.com 54 Year Spreadsheet: https://www.onerentalatatime.com/54-year-spreadsheet School Community Sign-Up: https://www.example.com/school-signup
¡Emprendeduros! En este episodio Rodrigo y Alejandro nos dan una actualización de mercado donde hablan del estatus del mercado, los pronósticos de los analistas, los números de consumo y manufactura y la inversión internacional. Nos dan los reportes de ingresos de Lennar, KB Home, Accenture, Kroger y Darden Restaurants. Después hablan de la bancarrota de Fisker, de una oferta inicial de Inteligencia Artificial y de la advertencia en las Redes Sociales. Finalmente nos dan el análisis de crypto donde hablan de la reciente compra de MicroStrategy y de la conferencia de Coinbase. ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Emprendeduros: https://www.instagram.com/losemprendeduros
Carl Quintanilla, Melissa Lee and Michael Santoli explored the mega-tech rally, with Nvidia surpassing Microsoft and Apple to become the world's most valuable company. The chipmaker extended its gains, helping the S&P 500 and Nasdaq hit fresh record highs. The anchors also reacted to what Elon Musk said at Cannes Lions about advertisers, months after he uttered profane remarks aimed at those who wouldn't place ads on his X platform. Also in focus: Lilly sues to stop counterfeit obesity drugs, Boeing safetly scrutiny, KB Home and Accenture jump post-earnings, Piper Sandler's chief strategist on "softilocks" and the markets, why Amazon is ditching plastic. Squawk on the Street Disclaimer
What is the road ahead for stocks as price targets keep increasing and the bulls get more emboldened? Keith Meister of Corvex Management breaks down his outlook and how he is playing the market right now. Plus, Nvidia surpassed Microsoft's market cap to become the most valuable U.S. company. Treasury Partners' Rich Saperstein tells us how he is navigating the AI arms race. And, KB Home reporting results in Overtime today. We tell you what to watch from that report – after Lennar shares sank post-earnings.
The S&P 500 and Nasdaq hit fresh record highs while small caps jumped, fueled by a tame CPI report before the open. Stocks largely held their gains despite a somewhat-hawkish Fed rate outlook, but then faded late in the session. Booking Holding broke out while Fair Isaac made a bullish move. KB Home soared initially, but slashed gains as Treasury yields pared losses.
Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
878: Centuries-old industries like the legal profession and home-building are typically slower to adopt the latest advancements in technology, but even these industries today are taking advantage of the benefits provided by new artificial intelligence tools. In this episode of Technovation, we feature a panel from our most recent Metis Strategy Digital Symposium where Greg Moore, Chief Information Officer at KB Home, and Michael Lucas, Chief Information Officer at Wilson Sonsini discuss the topic of driving digital innovation ahead of disruption with Metis Strategy Partner and West Coast Lead Chris Davis. Greg shares insights into how KB Home uses technology to enhance customer experiences and streamline operations, while Michael explains Wilson Sonsini's use of AI-driven legal tools to improve service delivery. Both leaders highlight the importance of fostering a culture of continuous learning and adapting to new technologies.
Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
878: Centuries-old industries like the legal profession and home-building are typically slower to adopt the latest advancements in technology, but even these industries today are taking advantage of the benefits provided by new artificial intelligence tools. In this episode of Technovation, we feature a panel from our most recent Metis Strategy Digital Symposium where Greg Moore, Chief Information Officer at KB Home, and Michael Lucas, Chief Information Officer at Wilson Sonsini discuss the topic of driving digital innovation ahead of disruption with Metis Strategy Partner and West Coast Lead Chris Davis. Greg shares insights into how KB Home uses technology to enhance customer experiences and streamline operations, while Michael explains Wilson Sonsini's use of AI-driven legal tools to improve service delivery. Both leaders highlight the importance of fostering a culture of continuous learning and adapting to new technologies.
KB Home, in its recently released earnings report, shared a shift in strategy with investors on their call. CEO Jeff Mezger stated: "We are putting a little bit more money into marketing and advertising." This strategic move is intended to strengthen the company's position in the market and harness emerging opportunities, according to the details presented during the call. The earnings call unveiled insights about the company's Q1 2024 performance and future plans. As indicated by the executives, KB Home has maintained a steady trajectory in its key financial indicators, driven mainly by the strength of its balance sheet. This financial stability allows the company to reinvest in growth, buy back shares, and fund land and development projects. In an effort to optimize resource utilization, KB Home is focusing on improving its community assets. The company mentioned during the call that it intends to enhance build times and apply value engineering techniques to manage costs effectively. A considerable amount of roughly $590 million has been invested in land acquisition and development for the quarter. In addition, KBHS Home Loans, KB Home's mortgage financing division, has seen an increase in its capture rate, as acknowledged by the executives during the call. As per the company's analysis of market trends shared on the call, demand for homeownership seems to be on the rise due to factors including a limited housing inventory, healthy employment rates, and favourable demographics. This is supported by KB Home's strong net orders and a decrease in cancellation rates, which indicate a positive environment for potential homebuyers. Looking ahead to 2024, KB Home plans to increase its investment expenditures while sustaining strict underwriting standards, product strategies, and price points, as indicated during the earnings call. The company also mentioned expanding community counts, enhancing customer satisfaction, improving build times, implementing product value engineering, and securing more authorizations for share buybacks. In conclusion, an examination of the recent earnings call indicates a shift in KB Home's strategic orientation. The company's future seems defined by careful fiscal management, consistent demand, and investment strategies aimed at growth. However, the future trajectory of KB Home is dependent on a variety of external factors, including market conditions, which have not been predicted in the earnings report. KBH Company info: https://finance.yahoo.com/quote/KBH/profile For more PSFK research : www.psfk.com This email has been published and shared for the purpose of business research and is not intended as investment advice.
The Fed held rates steady but markets hit record highs after Chair Powell signaled a steady outlook. Jefferies Chief Market Strategist David Zervos and former Boston Fed President Eric Rosengren on the key takeaways from Powell and the Fed. Earnings from Micron, Chewy, Five Below and KB Home. CFRA's Angelo Zino breaks down Micron's numbers while Zelman & Associates' Alan Ratner talks KB Home. Plus, Jon sits down with Intel CEO Pat Gelsinger on the CHIPS Act grants and the geopolitical importance of tech supply chains.
¡Emprendeduros! En este episodio Rodrigo y Alejandro nos dan una actualización de mercado donde hablan de la situación del mercado, del reporte de inflación y la corrección del reporte de empleos. Nos dan los reportes de ingresos de Jefferies, Albertson's, KB Home y Tilray. Después hablan de los nuevos problemas de Boeing, de la Oferta Inicial Mexicana en EEUU y de la renuncia del Director General de Twilio. Finalmente nos dan el análisis de crypto donde hablan de los ETFs de Bitcoin antes del potente análisis de Delox. ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Delox: https://www.instagram.com/deloxelhumilde Emprendeduros: https://www.instagram.com/losemprendeduros
KB Home's Q4 2023 earnings call, unedited
This week on Everybody in the Pool, we are once again thinking big when it comes to the energy transition. If last week was about electrifying whole fleets of cars, this week is about electrifying entire towns! Dan Bridleman of KB Home and Matt Brost of Sunpower join Molly to talk about how they've teamed up on a big experiment in southern California: a planned community of more than 200 net zero homes, all-electric, with smart thermostats and plugs and energy meters, with solar and whole-home batteries, that will also be connected with a community battery and a microgrid that will send power back to the utility to help keep the lights on when needed and give power back to the utility when they need it. Cool, right? Let's move there!RESOURCES & LINKSShadow Mountain at Menifee: https://www.kbhome.com/new-homes-california/menifeeAll episodes: https://www.everybodyinthepool.com/Subscribe to the Everybody in the Pool newsletter: https://www.mollywood.co/Become a member and get an ad-free version of the podcast: https://plus.acast.com/s/everybody-in-the-poolPlease subscribe and tell your friends about EITP! Send feedback or become a sponsor at in@everybodyinthepool.com! To support the show and get an ad-free listening experience, please jump in and become a member of Everybody in the Pool! https://plus.acast.com/s/everybody-in-the-pool. Hosted on Acast. See acast.com/privacy for more information.
Scott Wapner and the investment committee discuss what the turmoil at OpenAI means for Microsoft, Alphabet and investors in the space. The chart of the day is Uber. CNBC Senior Markets Commentator Michael Santoli joins with the midday word. The calls of the day include Costco, KB Home and Ulta Beauty. The earnings setup is on Zoom Video, Kohl's and Medtronic.Investment Committee Disclosures
¡Emprendeduros! En este episodio Rodrigo y Alejandro nos dan una actualización de mercado donde hablan de la situación del mercado, la junta del FED, el mercado de Bienes Raíces, la decision del Banco central del Reino Unido, la inflacion en Europa y otras presiones inflacionarias. Nos dan los reportes de ingresos de FedEx, Autozone, General Mills y KB Home. Después hablan de los problemas en Block, grandes cambios en X y de los documentos secretos de Microsoft. Finalmente nos dan la actualización de Cryptos donde hablan de la demanda a los papas de SBF antes del gran análisis de Delox. DESCUENTO EN MEZCAL ALERON POR 15% www.mezcalaleron.com y www.mezcalaleronusa.com CODIGO: MEXICO ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Delox: https://www.instagram.com/deloxelhumilde Emprendeduros: https://www.instagram.com/losemprendeduros
Stocks slid into the close, ending near session lows after Fed Chair Powell's press conference. Jefferies' David Zervos and BD8 Capital's Barbara Doran break down the market retreat. Former CEA Chair Jason Furman and Evercore Vice Chairman Krishna Guha on the Fed's decision and what it means for the rest of the year. Broughton Capital's Donald Broughton reacts to FedEx earnings after the stock moved higher on strong EPS guidance. ServiceNow CEO Bill McDermott on its AI announcement. Seaport's Kenneth Zener on KB Home's earnings.
Where does a customer-obsessed culture start? With the CEO. Jeff Mezger, Chairman, President, and CEO at KB Home, is known for his customer-centricity. That mindset has spread throughout the company to create a culture of customer obsession. Every employee knows their role and the impact of their work, which leads to incredibly high customer satisfaction rates. Blake Morgan is a customer experience futurist, keynote speaker, and author of the bestselling book The Customer Of The Future.
¡Emprendeduros! En este episodio Rodrigo nos da una actualización de mercado donde habla de la situación del Mercado, la visita de Jerome Powell al congreso, las relaciones entre China h EEUU y unas estadísticas que dan miedo. Nos da los reportes de ingresos de Kroger, FedEx y KB Home. Después habla de una oferta inicial ganadora, la posible huelga de UPS, los cambios en el liderazgo de Alibaba y las victorias de Tesla. Finalmente nos da la actualización de Cryptos donde habla del lanzamiento de EDX Markets, la investigación de Francia a Binance y del cierre de Wire. ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Emprendeduros: https://www.instagram.com/losemprendeduros
Ben and Tom converse regarding the Bank of England's rate hike, the potential impact of student loan forgiveness on the South, the KB Home report's implications on market dynamics, the FTC's Amazon complaint, and the UAW gearing up for strikes. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure
The Fed's quarter-percent interest rate hike went as expected. The CEO of TikTok's testimony on Capitol Hill did not. (0:21) Emily Flippen and Ron Gross discuss: - Fear of a recession vs. fear of a banking contagion - Whether social media giants like Meta Platforms and Snap stand to benefit from the drama around TikTok - Ford Motor's plan to go from losing billions on EVs to being profitable by the end of 2026 - The latest from Block, KB Home, and Accenture (19:11) Emily and Ron continue their analysis of the week's big investing stories, including: - Recent struggles from three pet companies: Chewy, Petco, and Trupanion - Apple's plan to spend $1 billion per year on theatrical releases - The latest from Nike, Ollie's Bargain Outlet, and Darden Restaurants - Two stocks on their radar: Globus Medical and Donnelly Financial Solutions To get your copy of our free report "Top Stocks For Rising Interest Rates" just go to fool.com/interest. Stocks discussed: SNAP, META, GOOG, SQ, KBH, F, CAN, CHWY, WOOF, TRUP, NKE, OLLI, DRI, SBUX, IMAX, CNK, AMC, AAPL, GMED, DFIN Host: Chris Hill Guests: Emily Flippen, Ron Gross Engineer: Steve Broido
The Fed's relentless effort to stomp out inflation is having a huge impact on one of the nation's biggest builders. KB Homes reported a homebuyer cancellation rate of 68% in December. And the “housing market reset” isn't over yet. Although the latest inflation reports show that inflation is subsiding, the cost of a home is still too high for many buyers. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Inflation is Slowly Decreasing A report on the Consumer Price Index shows a decline of .1% in December with an annual rate of 6.5%. (1) It's the lowest rate of inflation we've seen in more than a year, and a big drop from a peak of 9.1% last summer. Lower oil prices accounted for most of the latest decline. When you remove prices for fuel and food, the monthly core rate of inflation was .3% with an annual rate of 5.7%. According to MarketWatch, there were few negatives in the CPI report, although the cost of housing is still rising. The report shows the annual cost of shelter at a 40-year high of 7.5%. And those high prices are scaring a lot of potential buyers. Surge in Contract Cancellation Rates For KB Home, the Q4 cancellation rate of 68% was almost double what it was in the third quarter. And much more than that compared to a year earlier when it was just 13%. The last time the cancellation rate was anywhere near that level was at the beginning of the pandemic, but even then it was around 40%. A Fortune article says that, historically, the cancellation rate for builders has only gone as high as 47%. (2) The data varies from builder to builder and metro to metro. According to John Burns Real Estate Consulting, the Southwest and Texas experienced high cancellation rates of 45% and 39% respectively. Zonda's chief economist Ali Wolf tweeted recently that the cancellation rate in Phoenix hit 70%. Based on data from John Burns, the nationwide contract cancellation rate was 25.6% in October. That's up from 7.9% in October of last year. “Conditions Remain Challenging” KB Home said in a statement: “Current conditions remain challenging. High mortgage rates and persistent inflation, together with an uncertain economy, have made homebuyers more cautious since the middle of last year.” That's putting affordability out of reach for many people. Others may be hoping that home prices will go lower in the months to come. For many buyers, it's not a choice to cancel. They may have signed a contract and paid their deposit before the home was built, and then with construction delays, and a steady increase in mortgage rates, are finding out they no longer qualify for a loan. Unfortunately, for some, that means the loss of an earnest money deposit, although a survey of 100 builders by John Burns indicates that most builders will return that deposit. For buyers who don't get their money back, there's not much they can do about it. Florida attorney Craig Rothburd says: “Everything in these agreements is drafted in favor of the developer.” That includes a warning that they could lose their deposit if they back out. Housing Market “Reset” Continues The situation has left home builders with a lot of inventory, and a lot of strategizing to reduce that inventory. Many are helping buyers by offering mortgage rate buydowns instead of price cuts. KB Home says it is very cautious about price cuts because it doesn't want to spook buyers who are already under contract. If they think there's a cheaper option, it could lead to more cancellations. The Federal Reserve sees the current housing market situation as a “reset” to bring demand in line with supply, along with lower home prices. Higher mortgage rates typically push home prices lower, which has started to happen, but home prices are still too high for many homebuyers. And lower-priced homes are in short supply. A return to lower mortgage rates could help but with the current fight against inflation, they are expected to remain in the 6% range for this year. The increase has added about a $1,000 to a typical monthly mortgage payment. According to The National Association of Homebuilders, the monthly payment on a $450,000 new home rose from $1,925 at the beginning of 2022 to $2,923 for the same home by the end of the year. (4) New Home Affordability Weakens That has substantially reduced the number of households that can afford to buy a median-priced new home. NAHB drew a comparison. It says that a mortgage rate of 3.22% is affordable for 34% of U.S. households. When that rate goes up to 6.42%, which is about where it is now, just 22.3% of households can afford that home. And, when the mortgage rate goes above 7% like it did in October, only 20.3% of households earn enough to qualify for a loan. At that level, you'd need an income of almost $150,000. Always keep in mind that reports like these are averaging the results for the nation as a whole. Sub-markets will vary, and many of them are still affordable. If you want to learn more about some of those more affordable markets, please visit newsforinvestors.com. You'll find data on some of the strongest rental and growth markets across the nation. You'll also have access to experienced brokers and property managers in those markets. It's free to join and free to access all that information. Thanks for listening! Links: 1 - https://www.marketwatch.com/story/inflation-softens-at-the-end-of-2022-and-clears-path-for-slower-fed-rate-hikes-11673530439?mod=newsviewer_click 2 - https://fortune.com/2023/01/12/fed-housing-market-reset-homebuilder-cancellation-rate-spike-kb-home/ 3 - https://www.businessinsider.com/homebuyer-lose-cash-and-homes-as-mortgage-rates-soar-2022-12 4 - https://eyeonhousing.org/2023/01/how-many-households-are-priced-out-by-higher-mortgage-rates-in-2022/
Wall Street pros and individual investors are sifting through lots of noise to find signals about the stock market. (0:30) Matt Argersinger and Jason Moser discuss: - The lack of clarity (at the moment) facing investors - Former growth stocks (PayPal, Netflix, Facebook) being added to the Russell 1000 Value Index - What the latest results from homebuilder KB Home reveal about housing - The latest from DocuSign, Darden Restaurants, and Kellogg. (19:00) Jim Mueller analyzes the companies competing for Netflix's ad business, opportunities in the metaverse, and Big Tech's pursuit of streaming live sports. (33:00) Jason and Matt answer a listener's question about Activision Blizzard and share two stocks on their radar: Qualcomm and eBay. Our free investing starter kit includes research on 15 stocks and 5 ETFs. Get a copy simply by going to http://fool.com/starterkit Stocks discussed on the show: NFLX, PYPL, META, FDX, DOCU, DRI, KBH, NVR, DHI, K, ROKU, TTD, GOOGL, RBLX, SRAD, AAPL, CMCSA, AMZN, ATVI, QCOM, EBAY Host: Chris Hill Guests: Matt Argersinger, Jason Moser, Jim Mueller Engineer: Dan Boyd
The S&P 500 rose for the 2nd week in a row, giving investors more reasons for optimism. Are we the only ones who believe the narrative for investors is shifting away from fear and towards increasing confidence? (0:45) Jason Moser and Andy Cross discuss investor sentiment, as well as: - Google striking an app-store deal with Spotify - Uber teaming up with New York City taxis - Reports that Apple is developing a hardware subscription service - Darden Restaurants seeing improvement in its fine dining segment - The latest from Berkshire-Hathaway, Adobe, and Nike (19:00) Corporate governance expert Nell Minow analyzes how public companies are doing with their communications related to Russia, and why she's unimpressed with how Starbucks' board of directors handled the latest CEO change. Then she puts on her film critic hat to offer a preview of the Academy Awards and share who will win (and should win) Best Actor, Best Actress, and Best Picture. (32:00) Jason and Andy discuss Pepsi's latest limited-run flavor and share two stocks on their radar: McCormick and KB Home. Got a stock or topic you want us to discuss? Post a review on Apple and include your pitch! Stocks discussed: SPOT, GOOG, GOOGL, MTCH, BMBL, UBER, BRK, AAPL, NKE, DRI, SBUX, DIS, PEP, MKC, KB Host: Chris Hill Guests: Jason Moser, Andy Cross, Nell Minow Engineer: Steve Broido