Mindblown: a blog about philosophy.
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New-home sales drop by most since 2022 on poor affordability
By Michael Sasso | Bloomberg US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates…
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Palantir: The Stock Is Overhyped And Overpriced
Palantir Technologies is overvalued now, particularly if you consider the price-to-sales (P/S) ratio. The stock’s price to sales ratio is 110.30 for Palantir. As a reference, a P/S between 10 and 20 …
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Why Jumia Technologies Stock Sank Today
Jumia (NYSE: JMIA) stock saw a big pullback in Wednesday’s trading despite bullish momentum for the broader market. Meanwhile, the S&P 500 and the Nasdaq Composite rose 0.4% and 0.9%, respectively.
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New-home sales drop by most since 2022 on poor affordability
By Michael Sasso | Bloomberg US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates…
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Builders sue to block Michigan’s first new home construction codes in 10 years
LANSING, MI – Building industry groups are suing the state of Michigan to block new requirements making new homes significantly more energy efficient, saving homeowners thousands on utility bills in the long run, before the standards take effect later this summer. Homebuilders say the upfront costs of new building codes are too much. “Michigan faces…
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Governor, First Lady make plans to build new home for future first families: 'This is the Stitt's gift back to the state'
The Stitt family is paving the way for future first families in Oklahoma to have a new place to call home. Governor Kevin Stitt and First Lady Sarah Stitt have spearheaded the initiative to build a new five-bedroom home on the Governor’s Mansion grounds. The current Governor’s Mansion was dedicated in October 1928. It’s 14,000-square-foot…
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US Stock Market today: S&P 500, Nasdaq close at record highs, Dow Jones falls. Nvidia, Apple, Tesla, Nike share price rise
US Stock Market indexes S&P 500, Nasdaq ended at record peak on Wednesday after Nvidia, Apple, Tesla, Nike stocks gain big.
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New-home sales drop by most since 2022 on poor affordability
By Michael Sasso | Bloomberg US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates…
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New-home sales drop by most since 2022 on poor affordability
By Michael Sasso | Bloomberg US new homes sales fell in May by the most in almost three years as incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates…
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Builders sue to block Michigan’s first new home construction codes in 10 years
LANSING, MI – Building industry groups are suing the state of Michigan to block new requirements making new homes significantly more energy efficient, saving homeowners thousands on utility bills in the long run, before the standards take effect later this summer. Homebuilders say the upfront costs of new building codes are too much. “Michigan faces…
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