BERKSHIRE HATHAWAY INC (BUFFETT WARREN E) purchased $212.4M of LEN (indirect holdings)

LENNAR CORP /NEW/ (LEN) filed an SEC Form 8-K — Other Events. Item 8.01. Other Events. On October 15, 2026, Lennar Corporation (the “Company”) settled its offering of (i) $300 million aggregate principal amount of the Company’s 5.700% Senior Notes due 2029 (the “2029 Notes”) and (ii) $300 million aggregate principal amount of the Company’s

Berkshire Hathaway, led by Greg Abel, has expanded its housing investments, acquiring Taylor Morrison for $6.8B in equity and increasing its stake in Lennar by 94%. Abel emphasized a long-term view of the U.S. housing market, despite short-term challenges like falling stock prices and profit margins for Lennar. Berkshire is now the fourth-largest U.S. homebuilder.

Berkshire Hathaway's Class A shares are on track for a 10-day winning streak, the first since 2018, reaching an intraday high of $786,000. The company has invested in Bending Spoons and increased its stake in Lennar. Analysts cite higher short-term interest rates, cash reserves, and energy investments as potential drivers. The rally follows Warren Buffett's transition to chairman emeritus.

US stocks fell as inflation data showed a 3.7% year-over-year increase, higher than expected. The S&P 500 dropped 1.1%, the Dow lost 0.3%, and the Nasdaq fell 1.6%. Netflix announced 6% workforce cuts, affecting nearly 1000 roles. BlackRock rose 0.1% on strong earnings, while Bank of America and State Street fell over 6% on weaker results. ASX futures indicate a 0.4% drop at open.

U.S. stocks fell Wednesday as inflation data showed a 3.7% year-over-year increase, higher than expected. The S&P 500 dropped 0.9%, the Dow lost 0.2%, and the Nasdaq fell 1.3%. Rising bond yields and Fed rate hike expectations weighed on markets. BlackRock rose 0.5% on strong earnings, while Bank of America and State Street fell over 6% after missing estimates. Homebuilders also declined due to high mortgage rates.

U.S. stocks declined Wednesday as inflation concerns grew, with the S&P 500 down 0.6% and the Nasdaq composite 0.9% lower. The 10-year Treasury yield rose to 5.26%, and traders increased bets on a Fed rate hike. BlackRock rose 1.8% on strong earnings, while Bank of America and State Street fell 7.5% and 8.2% respectively on weaker results. Homebuilders and utility stocks also dropped.