Wednesday's First Moves: JBHT Earnings Hit, Homebuilder PT Cuts, EPXE Downgrade
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It's not just record diesel costs cutting into J.B. Hunt (JBHT) profits, according to the company. Diane King Hall discusses how the transport giant sees trucker shortages and other macro woes hitting earnings. Truist sees pressure across the homebuilder space, cutting price targets for Lennar (LEN), D.R. Horton (DHI), and KB Home (KBH). Diane turns to weakness in the travel space after Morgan Stanley issued an underweight rating for Expedia (EXPE). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/
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