Mindblown: a blog about philosophy.

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…

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 …

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.

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…

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…

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…

US Stock Market indexes S&P 500, Nasdaq ended at record peak on Wednesday after Nvidia, Apple, Tesla, Nike stocks gain big.

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…

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…

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…