WEBVTT - Lennar Forecast Misses, CoreWeave Hits Buy Rating, Intuits Gains

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market. Harnessing the power of Bloomberg Data.

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<v Speaker 1>This takes a look at some of the stocks on

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<v Speaker 1>the move today. I'm Paul Swingeing alongside Norm Melinda. We're

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<v Speaker 1>joined by Bloomberg's Billy Lipschutz Billy, What are you looking

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<v Speaker 1>at today?

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<v Speaker 3>Yeah?

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<v Speaker 1>I want to start with home builder Leonard ticker l

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<v Speaker 1>e N right now down two point six percent, treating

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<v Speaker 1>at the lowest level since mid August. The stock is

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<v Speaker 1>down more than thirty percent in the last twelve months.

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<v Speaker 1>This comes after not only did they miss earnings on

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<v Speaker 1>their third quarter results, but also the guidance for four

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<v Speaker 1>Q falling short of expectations. It's been a tough market

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<v Speaker 1>for home builders. When you see a company again that

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<v Speaker 1>missed the street estimates for three Q and then not

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<v Speaker 1>only new orders but delivery is also falling short for

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<v Speaker 1>that guidance for the fourth quarter, that stock's under a

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<v Speaker 1>bit of pressure. One of the worst performers in the

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<v Speaker 1>SP five hundred. We're also seeing a number of peers

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<v Speaker 1>under pressure. It's a tough spot, tough market. Will the

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<v Speaker 1>FED cutting interest rates spark demand for new homes? Laura,

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<v Speaker 1>I don't know, Maybe I think med, But it certainly

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<v Speaker 1>feels like it's a choppy space. And obviously you still

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<v Speaker 1>deal with uncertainty around tariffs and the questions around the

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<v Speaker 1>drivers for the FED cut interest rates and what that

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<v Speaker 1>could ultimately mean for would be home buyers.

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<v Speaker 3>Certainly a choppy market here for homebuilders. But if you

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<v Speaker 3>do look at S one to five home the index

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<v Speaker 3>year to date up thirteen percent this year. So, I mean,

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<v Speaker 3>it is a challenging home market, as you're pointing out,

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<v Speaker 3>especially with the high rates. But it's interesting to see

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<v Speaker 3>the green there on a year to date basis. What

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<v Speaker 3>else are you keeping your eye on here?

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<v Speaker 1>Billy, Yeah, talking about the green, Let's look at a company,

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<v Speaker 1>Core Weave Tick or CRWV, one of the best performing

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<v Speaker 1>IPOs of the year, the stock up more than two

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<v Speaker 1>hundred percent since pricing back in March. This is a

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<v Speaker 1>company in the a cloud computing space, partner very closely

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<v Speaker 1>with Nvidia. This move comes after an analyst at Loop

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<v Speaker 1>recommended the stock to investors, saying that the company remains

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<v Speaker 1>a material there's an underappreciation for how committed these hyperscalers

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<v Speaker 1>are and kind of the hopes for AI and what

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<v Speaker 1>this could ultimately mean. They the analysts laying out that

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<v Speaker 1>they see potential for material upside to consensus estimates. The

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<v Speaker 1>thing that's interesting with Corwy is this is one of

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<v Speaker 1>the most divisive stocks on Wall Street eleven buys fourteen,

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<v Speaker 1>holds three cells. So when you're seeing analysts coming out

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<v Speaker 1>with kind of mixed views, a bowl does kind of

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<v Speaker 1>get a little bit of excitement going. But certainly this

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<v Speaker 1>is a stock that is still down about sixty bucks

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<v Speaker 1>from its closing high back in June. So a lot

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<v Speaker 1>of questions around the path forward for AI. Hyperscalers and

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<v Speaker 1>companies that are playing in that computing space.

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<v Speaker 3>Absolutely up two hundred and seventeen percent so far this year.

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<v Speaker 3>Any other stocks we're looking at, Yeah, going.

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<v Speaker 1>To touch on into it. Tax preparation. I don't know

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<v Speaker 1>if you guys are doing your tax as yourself.

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<v Speaker 2>You gotta guy, you gotta guy exactly.

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<v Speaker 1>I gotta get too, So I think I'll pay up

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<v Speaker 1>to not have to worry about it. This is a

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<v Speaker 1>company ticker i INTU, up about two percent. This comes

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<v Speaker 1>after the company held an analyst day The interesting thing, guys,

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<v Speaker 1>the company was talking about twenty thirty goals of accelerating

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<v Speaker 1>revenue growth through about twenty percent. That's a big move

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<v Speaker 1>for this company, analystis sefol basically saying regardless if they

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<v Speaker 1>reach that quote lofty goal, there's still a push to

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<v Speaker 1>move further up market and what that could mean for

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<v Speaker 1>the company, benefiting not only their revenue growth but also

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<v Speaker 1>their margin expansion. But again, a stock that is down

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<v Speaker 1>from a July high about fourteen percent, zo choppy performance

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<v Speaker 1>for into it.

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<v Speaker 2>There the Stock Movers Report from Bloomberg Radio. Check back

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<v Speaker 2>with us throughout the day for the latest roundup of

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<v Speaker 2>companies making news on Wall Street and for the latest

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