Financial Markets Brace for Political Moves, Mixed Earnings, and Key Partnerships

Corporate Earnings and Strategic Shifts - Lennar Corporation reported third-quarter 2025 earnings with an EPS of $2.29, exceeding analyst estimates of $2.10, but revenue of $8.81 billion fell short of the expected $9.05 billion [2][8] - The EPS represents a significant decline from $4.26 in the same period last year, indicating ongoing challenges in the housing market [2][8] - For the fourth quarter, Lennar provided cautious guidance, projecting 22,000 to 23,000 deliveries and 20,000 to 21,000 new orders, both below consensus estimates [2][8] Logistics Sector Developments - FedEx is advancing its partnership with Amazon, focusing on larger and heavier packages, with onboarding expected to conclude by the third quarter [3][8] - This renewed collaboration is anticipated to enhance holiday delivery volumes and is seen as financially beneficial for FedEx, contrasting with UPS's strategy to reduce Amazon volume due to profitability concerns [3][8] Political and Economic Landscape - In Japan, Sanae Takaichi plans to propose income tax cuts and direct cash payouts as part of her campaign for the ruling Liberal Democratic Party's leadership, indicating potential fiscal stimulus [4][8] - US House Speaker Mike Johnson expressed confidence in passing a stopgap funding bill to prevent a government shutdown, highlighting ongoing political challenges [5][8] - New Zealand is nearing the appointment of a new central bank governor, who will face immediate scrutiny amid a weak domestic economy [6][8]