Investors questioning the returns on artificial intelligence (AI) spending should consider securing exposure to another sector: US homebuilders. Housing stocks charged higher on Thursday as Treasury yields declined, offering a glimpse of how they stand to benefit from a rotation out of technology due to AI bubble concerns.
Cotality's chief economist Selma Hepp warns the 30-year fixed mortgage rates could spike to 9% if inflation reaccelerates and growing fiscal deficit drive long-term US Treasury yields up further. While not her base case, Hepp emphasized in a recent CNBC interview that such an “extreme” rate environment will severely paralyze housing activity, deepening the affordability crisis and freezing exis...
Lennar, the nation's third-largest home builder, had a earnings miss last week. But it wasn't inflation driving up construction materials or tariffs or wages or any of the other usual suspects that stood out.
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI--D.R. Horton announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2026 on October 29, 2026.
US markets face a key inflation test on Wednesday as investors wait for July's personal consumption expenditures report, which could reset expectations for interest rates and Treasury yields. The Bureau of Economic Analysis releases the data at 8:30 AM ET.
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