with lennar. >> but jim. >> now they're deploying agent force. and the. >> story is incredible. >> you know they came to dreamforce just like you did. they went back to miami where their headquarters is. and then all of a sudden what they did. jim was. something really cool. they did a hackathon to. >> figure out what should they be doing with. agent force. and they. found these incredible. >> use cases. >> like they could provide 24. >> seven. you know, customer support for all. >> of their homeowners. >> and they could sell. >> them mortgages. >> and they could do insurance. they had a huge list. and so, you know, their two. >> co-ceos, stuart. >> and john, got involved and put it together and prioritized. and i think we're going to transform. >> well, let's totally. >> i think the world of stuart, i thought the world of his dad. i've known the company for 40 years and it's one of the best run. and i argue the toll could be given a run for the money. but to the other homebuilders, i'll be thinking, what is our secret sauce? because are they abl

and then there's fedex, intel, lennar all on deck to spin off a business in the next year. activists are expected to accelerate this spin off trend. goldman writing that the new administration may encourage them to push the envelope and pursue bolder demands of companies they hold stock in. the data supports this trend. spin offs tend to outperform the market by 10.2% two years after completion, while parent companies underperform on average by 8%. that's according to morgan stanley, guys. >> all right, let's kick this around sema stay right there. and brian, she's looking pretty good in your chair. i don't want you to get nervous, but honeywell is following ge's model hoping for some of this spin off magic, a trend even our parent company comcast is looking for as well. and there's something to it. check out this data from wolf research. over the past ten years, spun off companies averaged 13% returns in the year after the breakup, while the parent stocks returned 11% or so on the one year average. additionally, and this is interesting, parent companies have a strong tende

lennar has a big presence there. you look at demand and where where it's strengthening up, i would i would take a second look at at lennar. and obviously d.r. horton is the largest home builder. so you're going to get a natural variation across geographic locations. but once again of course it all depends on that mortgage rate coming down. and we're a long way from kansas right now. >> i wouldn't be surprised. midwest is best. i always say, why don't you guys believe me sometime? >> certainly. >> especially for music, right? >> absolutely. you know that. >> well, coming up, all the details on retail ahead of a huge week of earnings, how the options market is shopping, the biggest reports right after this. >> missed a moment of fast catch us anytime on the go. follow the fast money podcast. we're back right after this. >> individually, each of us is great, but from here you can see we're one big team. at atlassian, we believe real progress takes all of us working together on new sources of energy. cars that drive to t

and amex, you know, lennar, horton, simon properties. >> well, simon, the simon family is basically the berkshire hathaway of real estate. and they have done a fantastic job for us. remember five years ago, kelly, in the middle of the covid closures, no one was going to want to shop. well, that's been changed now to no one's going to want to shop in downtown large cities, but people like to shop. we found out that 60% of the stuff is going to get shopped for. but but more important, you hear all these people talking about nuclear and data centers and all this kind of thing. natural gas is how we make electricity. and that's the largest source of electricity in the united states is natural gas. and that's a natural byproduct of providing oil and gas. and those stocks are just cheap as all get out. they're hated and vilified, left over from the religion called esg. and they're so afraid that trump is going to ruin them the way that drill, baby drill did back in the 2016 time period. >> that said, apa does have a 5%. but let me just ask you this bill for the for the kinds of industries, th

everything from lennar, d.r. horton to home depot and lowe's and everything they sell. and there's the banking cycle now that's in fuego. it's smoking. i mean, it's crazy. the lack of democratic regulatory headwind and the slower rate cut cycle. good for them. wells fargo, goldman sachs, jp morgan screaming higher doesn't hurt that the whole industry seems very confident that the trump regulators will be more bank friendly than the biden regulators. well no kidding. who wouldn't be? on the other hand, you got groups like the transports. they're just getting clocked at a conference call today, norfolk southern, one of the big east coast railroads, traced out a soft picture. union pacific didn't seem all that exciting either. cold, sweet chemicals. horrible. those are the ones that go into plastic. plus, talk about being in the crosshairs of the tariffs. do we want to own a rail that runs from mexico to here, a trucking company like j.b. hunt? if we're getting into a tariff war with mexico, to me, this group feels like it's practically in a recession cycle. today, the foo

horton, lennar, pultegroup, taylor morrison and kb home falling between a half a percent all the way at the stocks ahead of the open. you can see in the red across the board right now. kb homes still down nearly 2% taylor morrison down about you know fractionally less than a quarter percent. but pultegroup down about one and three quarters of 1% for much more. let's bring in logan mohtashemi lead analyst at housingwire. logan good morning. always good to see you here. all right. so i know you're really an expert on the housing market, but i do have to ask you a question about some of this tariff concern when it comes to these homebuilder stocks. i'm looking at with the nahb, the national association of home builders put out. they said about a third of appliances and a third of about of softwood are just under a third comes from outside the us. softwood lumber, by the way, for people who don't know, that's like fir, spruce, pine, etc. why can't these homebuilders, why can't they just replace their sourcing source here in the us and reduce some of this issue. we have, like the. >> sawm

telling them that they are light years ahead of others, with clients including equinox, opentable, lennaro adds that salesforce is able to deploy at a really low cost, which has been a point of debate amongst the analyst community. all comes as competition is heating up, with microsoft fueling a war of words between the two companies over the past few months. ceo marc benioff joins jim cramer tonight on mad money melissa. >> all right seema thanks. seema mody with crm. i mean it was stock. stock was down as much as 10% after hours on the back of the results initially. bounced back a little bit. >> you got to watch that interview because i don't know if you remember last quarter benioff was saying i think he said something about microsoft. he was kind of dissing copilot. they're all into agents. and he said, go talk to anybody at microsoft if they are using copilot within microsoft, that sort of thing. so that's a battle that's going to be fought obviously on multiple different levels here. you know, the quarter just wasn't that interesting. the guidance wasn't that interesting. and you kn

. >> eversource energy, lennar the home builder and iron mountain, all on the. bottom of the s&p. 500 in the premarket. and we want to take a look at the gainers as well. the stocks that are leading right. >> now. >> we're seeing supermicro. we're going to talk a bit more. >> about that. >> stock in. >> just. >> a second. >> gilead sciences. >> edwards life. >> sciences, nxp. >> semiconductors and mohawk industries. >> on the top. >> five right now. so we. >> continue to watch stocks. >> tied. >> to tariffs on aluminum and steel this morning. we continue to see movement in the premarket. >> nucor up. >> fractionally cleveland-cliffs also up fractionally. the big gainer this morning sentry. >> aluminum those. >> shares up about 2.5%. >> alcoa another big aluminum. >> producer also. >> up fractionally. >> right now. >> in the premarket. we're also. >> tracking two. stocks that are very closely. tied to. >> the. >> eye trade. >> let's start with one of the big winners here meta. >> on a 17 day win streak. >> take a look at. >> the chart right here. you can see just

. >> like pulte, lennar, d.r. horton. kb home also. >> under pressure. this morning.s as if kb home. >> they're down the worst of the. >> bunch. >> down 2.4% now. >> bumble shares. also plunging. >> on. >> disappointing guidance. >> revenue down. >> year. >> over. >> year in the quarter. shares now cut in. half over. >> the last. >> year down more than. >> 22% at this point. >> and we're keeping an eye on apple. >> today the tech giant expected to unveil. >> an upgrade to its most affordable. >> iphone. >> the iphone se four. >> we're going to. >> bring you that latest news when it crosses. >> let's turn to the broader markets this morning. stocks are in the red after those fresh record closing highs on the s&p and nasdaq. our senior markets commentator mike santoli is here with the setup. mike and jim's point last hour about how we're having to get reconditioned to the pace of news like we were post 2016. yeah i think that's been part of the process in the last few weeks, is essentially to know what to extrapolate what not to, how to perhaps kind of take a step back

if you look at the charts of a toll or lennar, these are trading as if the housing cycle is over. but as doug yearly said, again, i just think he's such a good ceo. there's still not a build. they still have not had, other than a couple areas. austin and florida were the two that he singled out. there is still not enough inventory, but the declines in austin and in florida are staggering in terms of price. yeah, staggering. >> we got philly fed this morning. big sequential drop although not that far from estimates, jim. but prices paid and prices received highest in more than two years. >> yeah it's just it's such a mixed bag and i want to i'm going to urge people i'm not ever saying forget the fed, but i'm saying that if you thought there was going to be a lot of rate cuts, i don't know why you were doing that. and if you're saying, you know what, i'm not going to buy stocks when we get rate cuts, you're missing the mark. that's not going to work. other than the fact that the food stocks and beverage stocks were were trading on the idea that bonds were going to go up in price and

lennar is down 1.5%. makes sense diana. >> thank you diana olick. >> another day.e top of. >> the agenda. >> this time today we're talking about copper. after president trump and executive order ordered the commerce department. >> to look into the. >> possibility of copper tariffs, copper imports, basically. and what we heard from howard lutnick, the brand new commerce secretary. >> is that. >> in his. >> words. >> you. >> know, our domestic copper production has been. >> decimated by. >> foreign competition. and they want to get at this. will they go ahead with tariffs like we saw on steel and aluminum. that's the question. so i just wanted to give you a little bit of a deeper dive into why copper matters and where we get it. because we import about half of the copper that we consume domestically. we make half of it. but look at where we get it from. mostly allies, not china. >> we get. >> it from chile. >> that's our biggest importer, that's our biggest export of copper that comes into the united states, canada, peru. i mean, so according to the white house, chin

one point shipyard shipyard block 52 it's a market rate homeownership project being developed by lennarwhich was also under construction. it has 77 units total with nine of them being affordable to households at 80%. am i so obviously this was a busy year for construction for us. >> here's some photos of the construction of our projects in the shipyard in mission bay south. now i'll move on to marketing and copy which i'll keep short since we just had a much larger presentation on this. as you know it was your contracts with most to oversee marketing of our units and mostly provides marketing outcome reports for each of our projects. oci closely coordinates with most through our senior development specialist tamsen sims particularly around oses occupancy preferences which of course includes the copy including descendants of original copy holders. as always number one preference that applies to 100% of units. then there's the displaced tenants housing preference or up and the neighborhood resident housing preference or rhp in fiscal year 2324 no projects leased out no oci projects leased