A significant ruling by US Judge Amit Mehta has determined that Google holds a monopoly in the internet search market, reminiscent of the historic antitrust case against Microsoft. This judgment has m
Molson Coors Beverage Company (NYSE: TAP) is in the spotlight today following a downgrade by TD Cowen. Despite Molson Coors posting better-than-expected Q2 earnings and reaffirming its 2024 outlook ye
Bitcoin (BTC) price has remained in a holding pattern in the past two weeks as it continued to underperform American equities, which had their best week in over nine months.
Investors are gearing up for significant opportunities in the housing sector with expectations that the US Federal Reserve will announce its first rate cut in September.  Jay McCanless, an analyst at
Rio Tinto (LON: RIO) and BHP (ASX: BHP) share prices have dropped sharply this year and the situation could worsen as iron ore sinks. In Australia, BHP shares have fallen for four consecutive weeks an
Epic Games has intensified its rivalry with Apple by offering the alternative app store, AltStore PAL, for free in the EU. Will the move help gamers in Europe?
Cingulate Inc (NASDAQ: CING), a biopharmaceutical firm specializing in innovative ADHD treatments, experienced a remarkable surge in its stock price on Friday, with shares skyrocketing by 115%. This d
In recent months, FLEX Coin has experienced significant price volatility, reflecting broader turbulence within its parent platform, CoinFLEX. The token, which had reached an all-time high of $8.16 in

Housing stocks to watch as mortgage rates fall

11:54am, Monday, 19'th Aug 2024
Jay McCanless, Wedbush Securities senior VP of equity research joins CNBC to discuss why he's watching Builders FirstSource and other home building stocks, housing market outlooks, and more.
Cavco Industries, Inc. (NASDAQ:CVCO ) Q1 2025 Earnings Conference Call August 2, 2024 1:00 PM ET Company Participants Mark Fusler – Corporate Controller and Investor Relations Bill Boor – Presiden
Cavco (CVCO) came out with quarterly earnings of $4.11 per share, missing the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $5.29 per share a year ago.
Improving Factory-built housing Results; High Claims in Insurance Operation Improving Factory-built housing Results; High Claims in Insurance Operation
There are many strong short-term tailwinds Cavco benefits from, including the residential market dynamics and consumers trading down. As the affordable alternative to traditional homebuilders, demand
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