Homebuilder and home improvement stocks are down due to rising mortgage rates. There isn't much relief in sight for the housing market.

Lowe's CEO Marvin Ellison says AI can't fix your roof, while announcing a $250 million commitment to recruit and train 250,000 skilled tradespeople over the next decade.

Industry-leading commitment and new three-part TV series focused on ramping up career opportunities and inspiring next generation of Pros Summary The Lowe's Foundation announces an expanded commitment to invest $250 million to help train and develop 250,000 skilled tradespeople by 2035, increasing its workforce commitment five-fold in response to an urgent workforce shortage. Building on early momentum, the foundation is on track to reach its original funding goal a year ahead of schedule, with nearly $53 million invested in 65 nonprofits and community colleges nationwide.

Runnymede Capital Advisors Inc. acquired a new position in shares of Lowe's Companies, Inc. (NYSE: LOW) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 13,865 shares of the home improvement retailer's stock, valued at approximately $3,344,000. Lowe's Companies comprises 1.9% of

Sovran Advisors LLC reduced its position in shares of Lowe's Companies, Inc. (NYSE: LOW) by 37.3% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,343 shares of the home improvement retailer's stock after selling 2,580 shares during the period. Sovran Advisors

Savvy Advisors Inc. raised its position in Lowe's Companies, Inc. (NYSE: LOW) by 80.5% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,370 shares of the home improvement retailer's stock after purchasing an additional 5,517 shares during the quarter. Savvy

Buffalo Business and Estate Services Ltd. bought a new stake in Lowe's Companies, Inc. (NYSE: LOW) during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 21,340 shares of the home improvement retailer's stock, valued at approximately $5,146,000. Lowe's Companies

Ascent Group LLC increased its stake in shares of Lowe's Companies, Inc. (NYSE: LOW) by 19.1% during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,239 shares of the home improvement retailer's stock after acquiring an additional 2,281 shares during the period. Ascent Group LLC's

Empirical Financial Services LLC d.b.a. Empirical Wealth Management decreased its stake in shares of Lowe's Companies, Inc. (NYSE: LOW) by 19.2% during the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,189 shares of the home improvement retailer's stock after selling 2,415 shares during the

Lowe's (LOW) closed at $231.38 in the latest trading session, marking a -1.95% move from the prior day.