The Latest Breaking News from DR Horton

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.

Tesla and Netflix are near buy points with earnings due in a volatile market rally. Apple and Lululemon have tight entries.

The major indexes faded with the CPI inflation report due Wednesday. Several stocks flashed buy signals.

Investors are looking past a rough patch for D.R. Horton earnings. DHI stock rallied back above a buy point as peers fare well.

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D.R. Horton, the largest homebuilder by volume in the U.S., saw sales orders plunge in the last three months of 2022 because higher interest rates and inflation continued to create affordability challenges for potential buyers.

Arlington, Texas-based homebuilding giant D.R. Horton Inc. is boosting its presence in Arkansas.

Homebuilder stock D.R. Horton is building a long and deep cup despite steep interest rates that are slowing the pace of home construction.