Lennar's Average Sales Price 🏡

And, Digital Turbine's strong results.

June 17, 2025

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Today is Tuesday, June 17, 2025.

The Early Bird Index today is 83.31

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Lennar's Average Sales Price 🏡

Lennar $LEN ( ▼ 4.46% ) jumped 2.70% in after-hours trading on Monday after the home construction company reported mixed financial earnings results.

Financials: Lennar reported earnings of $1.90 per share in the past quarter, which were lower than expected. Revenue during the past quarter was $8.4 billion, which was better than expected.

Details: Although new home orders increased by 6% during the period, the average sales price of homes fell from $426,000 a year ago to $389,000. Lennar attributed the decline in the average sales price to “continued weakness in the market.”

Quote: “As mortgage interest rates remained higher and consumer confidence continued to weaken, we drove volume with starts while incentivizing sales to enable affordability and help consumers to purchase homes.” - CEO Stuart Miller.

Early Bird’s Nest Egg Gains: While the broader U.S. housing market remains weak, Lennar is still managing to grow. 

  • Lennar has adopted a "volume-first" approach, focusing on increasing the number of home deliveries rather than maximizing profit margins per home. This means the company is willing to accept lower margins in exchange for higher sales volumes.

  • The company is targeting the affordable segment of the market, which remains in high demand due to the chronic shortage of entry-level homes in the U.S.

Final Thoughts: Lennar investors were thankful for Monday’s results. The stock had been down nearly 12% this year.

Final Chance to Own a Piece of Virtuix

Virtuix is redefining the future of immersive entertainment — and time is running out to join in. Its flagship “Omni” treadmill lets users physically walk and run in 360 degrees through virtual worlds, with real-world applications across gaming, fitness, and military training.

✅ $18M+ in product sales
✅ 400K+ registered players
✅ 4X revenue growth in the last fiscal year
✅ Backed by $40M+ from top investors, including Shark Tank’s Kevin O’Leary

With over $2.7M raised in this round, investor demand is accelerating — but the raise closes June 20.

This is your final chance to back one of the most exciting players in the VR space.

This Reg CF offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Notables

Notable Earnings Today: Jabil (NYSE: JBL), La-Z-Boy (NYSE: LZB), Wiley (NYSE: WLY), Antalpha Platform (Nasdaq: ANTA), Beyond Air (Nasdaq: XAIR), Tsakos Energy Navigation (NYSE: TEN), Vince Holding (NYSE: VNCE), Vistagen (Nasdaq: VTGN).

Notable IPOs Today: Virtu Financial, Inc. (NYSE: VIRT), Jyong Biotech Ltd. Ordinary Shares (Nasdaq: MENS).

Notable Equity Crowdfunding Campaigns Ending Today: AlphaRose Therapeutics (StartEngine).

Notable Economic Events Today: Retail Sales / Core Retail Sales (8:30 a.m. ET), Export Price Index (8:30 a.m. ET), Import Price Index (8:30 a.m. ET), Industrial Production (9:15 a.m. ET), Business Inventories (10:00 a.m. ET), Retail Inventories Excluding Auto (10:00 a.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET).

Digital Turbine's Strong Results

Digital Turbine $APPS ( ▲ 56.76% ) posted good financial earnings results on Monday, sending shares of the mobile growth platform up 7.07% in after-hours trading.

Financials: Digital Turbine reported earnings of 10 cents per share and revenue of $119.2 million in the past quarter. Both were better than expected.

Details: The company’s outlook also suggests future financial growth.

Final Thoughts: Digital Turbine is having an incredible 2025. The stock is up 173% this year.

WhiteBIT Surges Amid New Partnership

WBT, the utility token of the largest European cryptocurrency exchange called WhiteBIT $WBT.X ( ▼ 6.22% ) , surged by about 30% on Monday due to a new partnership with the Italian football club Juventus.

Final Thoughts: The WhiteBIT token, considered an altcoin, is up 69% in the last 30 days. Keep in mind that most altcoins are volatile and risky.

Expanding the Pipeline: Eli Lilly close to buying gene-editing biotech Verve Therapeutics (Financial Times)

Crypto Conflict of Interest: Trump Media seeks SEC approval for bitcoin and ethereum ETF (Reuters)

Cruel Summer: The U.S. Economy Is Headed Toward an Uncomfortable Summer (Wall Street Journal)

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