And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell with a global simulcast. Carol Massar and Tim Stenovec join us now.Welcome to our audiences across all of our platforms television, radio, our partnership with YouTube here on a pretty wild Tuesday afternoon. Stocks opened higher. At one point, they saw a huge, huge plunge on the day Carol Massar But paring those losses heading into the close.Yeah, we did see ...

Market Overview - Stocks declined on Tuesday, with the S&P 500 falling over 1% and the Nasdaq dropping approximately 2% due to a selloff in technology stocks [1] - Financial stocks, including Blue Owl Capital, KKR, Apollo Global Management, and BlackRock, also experienced declines as the market reacted to potential software losers from AI [1] Company-Specific Updates - Nvidia's stock fell more than 3% on Tuesday, maintaining a flat performance over the past six months; CEO Jensen Huang denied rumors of a fraying relationship with OpenAI during an interview with Jim Cramer [1] - Eli Lilly's shares dropped nearly 4% ahead of its earnings report, influenced by Novo Nordisk's disappointing guidance for 2026, which included a projected sales decline of 5% to 13% year over year [1] - Novo Nordisk's stock fell over 15% after announcing it expects lower sales in the U.S. due to price pressures and increasing competition, suggesting a potential loss of market share to Eli Lilly [1] Housing Market Insights - Housing-related stocks saw a rally following a report indicating efforts to make entry-level home buying more affordable, involving companies like Lennar and Taylor Morrison Home [1] - Despite the broader market decline, Home Depot's shares rose nearly 1%, indicating potential benefits from a revived housing market [1] Upcoming Earnings Reports - Key earnings reports expected after Tuesday's close include Advanced Micro Devices, Super Micro, Chipotle, Enphase Energy, Amgen, Amcor, Prudential Financial, Mondelez, and Corteva [1] - Notable reports before Wednesday's opening bell include GE Healthcare, Uber, Boston Scientific, Johnson Controls, AbbVie, Bunge, and Fortive [1]

Core Viewpoint - Toll Brothers is approaching a buy point with a current stock price of $146.21, showing a 0.5% increase and a significant 203% rise overall [1] Group 1: Stock Performance - The stock has a composite rating of 69 out of 99, indicating a moderate performance relative to peers [1] - The industry group ranking is 181 out of 197, suggesting it is underperforming compared to other sectors [1] - Toll Brothers has shown a rising price performance, achieving a relative strength (RS) rating of 81 [1] Group 2: Technical Analysis - The stock is forming a cup-shaped pattern, which is a bullish indicator, with a buy point set at $149.79 and a high handle buy point at $151.10 [1] - The cup pattern must be at least six weeks long or as long as a year to be considered valid [1]

Core Viewpoint - Homebuilders Lennar and Taylor Morrison Home are collaborating on a proposed "Trump Homes" initiative aimed at addressing the U.S. housing affordability crisis, which has gained attention amid rising interest rates and home prices [1][3]. Group 1: Proposed Initiative - The "Trump Homes" plan involves a large-scale program to sell entry-level homes through a pathway-to-ownership model funded by private investors, allowing tenants to rent homes with a portion of their payments contributing to a future down payment after three years [2]. - The proposal could potentially encompass up to one million homes, indicating a significant scale of impact on the housing market [4]. Group 2: Market Context - Housing affordability has become a critical issue for the U.S. government, with President Trump advocating for measures to assist first-time buyers while avoiding a decline in existing home prices [3]. - Following a challenging year, Lennar's shares have shown a positive trend, increasing by 9% at the start of 2026, reflecting investor optimism in the housing sector [4].

Core Insights - Century Communities, Inc. is expanding its presence in North Carolina with the launch of Creekbend, a new community offering homes starting from the $280s, located five miles from downtown Winston-Salem [1][4] - The company is recognized as a leader in online home sales and has been featured in Newsweek's lists of America's and the World's Most Trustworthy Companies [1][8] - Creekbend features two-story floor plans with up to 2,014 square feet, four bedrooms, and desirable amenities such as LG® stainless-steel appliances and quartz countertops [2][5] Company Overview - Century Communities is one of the largest homebuilders in the U.S., operating in 16 states and over 45 markets, and offers a range of services including mortgage and insurance through its subsidiaries [8] - The company aims to provide high-quality homes at affordable prices, with a mission encapsulated in the slogan "A HOME FOR EVERY DREAM®" [8] - Century Communities has received accolades for being one of the best companies to work for, as recognized by U.S. News & World Report for 2025-2026 [8] Product Offering - The homes at Creekbend include features such as open-concept layouts, two-bay garages, and luxury vinyl plank flooring, appealing to a wide range of homebuyers [5][6] - The online homebuying process allows customers to purchase homes 24/7, while also providing in-person assistance from local experts [4][6] - Homebuyers can streamline their purchasing process by financing through Century Complete's affiliate lender, Inspire Home Loans® [6]

Core Insights - NVR, Inc. reported its Q4 and full-year 2025 results, showcasing performance consistent with expectations for a leading homebuilder during a challenging market period [1] Financial Performance - The financial results indicate that NVR is effectively navigating a tough environment, maintaining its status as a top operator in the homebuilding sector [1]

Core Insights - Taylor Morrison has been ranked No. 2 among homebuilders in Fortune's World's Most Admired Companies list for 2026, marking its third consecutive year on the list [1][2] - The company received high scores in social responsibility, quality of management, quality of products/services, and innovation, reflecting its commitment to building lasting credibility and a strong customer experience [2] Company Recognition - Taylor Morrison has been recognized as America's Most Trusted® Home Builder since 2016 and has received multiple accolades, including being listed in Fortune's Best Workplaces in Construction and Best Workplaces for Women [4][5] - The company has also been included in Forbes' Most Trusted, Great Place To Work®, and Best Companies in America lists, as well as Newsweek's America's Most Responsible Companies and America's Greenest Companies lists [4] Methodology and Survey - The World's Most Admired Companies list was determined through a survey conducted by Fortune in collaboration with Korn Ferry, involving over 3,000 executives, directors, and analysts across nine criteria [3] - The 2026 analysis included more than 680 companies from 51 industries and 29 countries, highlighting the competitive landscape in which Taylor Morrison operates [3]

Core Thesis - D.R. Horton, Inc. (DHI) presents a bullish investment case driven by the anticipated return of lower interest rates, which would enhance homeownership affordability for many Americans [2][4]. Company Overview - DHI operates as a homebuilding company across various regions in the United States, making it the largest homebuilder in the country with significant market share among first-time homebuyers [2][3]. Market Demand - A large pool of Millennials, who have delayed home purchases due to high prices and tight credit, represents significant latent demand that could drive a housing market rebound once conditions normalize [3][4]. Financial Position - DHI has a conservative financial profile, with a debt-to-EBITDA ratio near 0.5, which enhances its resilience during economic cycles [4]. - The company is projecting 86,000–88,000 homes in the upcoming fiscal year, indicating stability in new construction volumes [4]. Valuation and Returns - The stock is currently attractively valued with a forward P/E below 13, significantly lower than the broader market, and has compounded returns by 355% over the past decade [5][6]. - Analysts' price targets for DHI vary widely, reflecting the cyclical nature of the homebuilding business [5]. Investment Strategy - The strategy for investors is to build positions at favorable prices during market weakness, aiming to capitalize on a potential housing market recovery that could yield substantial long-term upside [5].

Core Insights - Toll Brothers, Inc. has launched a new luxury condominium community named Outlook at The Station in Sunnyvale, California, featuring resort-style amenities and a prime location in Silicon Valley [1][5] Group 1: Community Features - Outlook at The Station is the second condominium building within The Station master-planned community, complementing the initial Vantage building and expanding lifestyle offerings [2] - The community offers one- and two-story luxury condominiums with one to three bedrooms and living spaces up to 1,962 square feet, with prices starting from the mid-$900,000s [2] - Shared amenities include a pool, two club rooms, a co-work mezzanine, an entertainment lounge, a fitness center, a dog park, a children's playground, and vibrant walking paths [3] Group 2: Location and Accessibility - The community is strategically located near major employers, public transit, and key thoroughfares, enhancing convenience for residents [5] - Homeowners have access to premier shopping, dining, and recreational options, as well as highly ranked schools in the area [5] Group 3: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and has been listed on the New York Stock Exchange since 1986 [7] - The company operates in over 60 markets across the United States and offers a range of services including architectural, engineering, and mortgage services [8] - Toll Brothers has received multiple accolades, including being named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies [9]

Labor Market Overview - The labor market is deteriorating for both employers and job seekers, with job seekers facing fewer openings and longer unemployment durations, as evidenced by the long-term unemployment rate reaching its highest since November 2021 in September [1] - Employers are struggling to find qualified candidates, particularly in industries like homebuilding, leading to a significant slowdown in job creation, with job losses occurring in two months of 2025, a first since the pandemic [2] Job Creation Trends - Economists predict that the U.S. economy will add an average of only 57,000 jobs per month in the first quarter of 2026, a stark decline from the pre-tariff average of 147,000 jobs per month [3] - Job creation has slowed to an average of 38,600 jobs per month since the announcement of tariffs, which is less than a quarter of the previous rate [3] Economic Implications - The slowdown in hiring and the rise in long-term unemployment indicate that both employers and workers are struggling to adapt to a new economic environment characterized by uncertain trade policies, higher borrowing costs, and persistent skills mismatches [4] - The uncertainty surrounding trade policies, particularly tariffs, is a significant factor in the slowdown, as businesses are hesitant to expand or hire without clarity on future costs [5] Technological Impact - The increasing adoption of AI in businesses may further impact the workforce, with estimates suggesting that AI could replace 6% to 7% of existing jobs, although new job opportunities may arise as a result [6] Immigration and Workforce Supply - The reduction in immigration due to policy changes has significantly decreased the number of available workers, exacerbating the challenges employers face in finding qualified staff [7] - The Federal Reserve Bank of San Francisco projects that only 500,000 immigrants will arrive in the U.S. in 2025, a drop from 2.2 million in 2024, which will further limit workforce growth [8] Labor Market Dynamics - There is uncertainty regarding whether the job market's issues stem from a lack of jobs, a lack of workers, or both, complicating the understanding of labor demand and supply dynamics [10] - The Federal Reserve's policy committee is considering the implications of falling labor demand on interest rates, which could lead to cuts aimed at boosting hiring, although the effectiveness of such measures remains uncertain [11]