The Latest Breaking News from DR Horton

Berkshire Hathaway disclosed its investments in three major U.S. homebuilders: D.R. Horton, Lennar, and NVR.

Arlington, Texas-based D.R. Horton, the largest homebuilder in the U.S., saw a 37% year-over-year increase in sales orders last quarter despite higher mortgage rates and inflationary pressures.

Homebuilder Lennar is the IBD Stock Of The Day Friday. LEN stock is constructing another entry point as it builds to new all-time highs.

Homebuilders continued to fall Tuesday, even as new home sales topped estimates. Housing giants D.R. Horton and Lennar sold off.

A pair of homebuilders on the Fortune 500 list, No. 124 D.R. Horton and No. 267 PulteGroup, just reported a big drop in cancellation rates.

The major indexes saw modest declines, holding in a range. Tesla sold off as gross margins plunged. ISRG and DHI were earnings winners.

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.78%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.94%. U.S. stock index futures this morning are moderately lower. Weakness in technology stocks is a drag on the overall market, with Tesla down more than -7%...

Tesla earnings slid 21% as big price cuts slammed gross margins and free cash flow. Tesla stock fell as Elon Musk signaled more pain ahead.

Homebuilder stocks been hot in 2023 as mortgage rates pull back. D.R. Horton earnings fell less than feared.