Joel Friedman, 71, wants nothing more than to sell the house he’s called home for more than 30 years. The five-bedroom, 5,000-square-foot southern California home is too big for Friedman and his wife, Kathryn, who are retired empty-nesters. They’re eager to downsize to a smaller, single-story house in a 55+ community where they won’t have to worry about endless yard …
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Laguna Seca ticket sales proof positive renovations are worth every penny
New WeatherTech Raceway Laguna Seca president Mel Harder says the famed road course has seen an appreciable rise in ticket sales for IndyCar’s annual visit. The former IndyCar Series executive wouldn’t be drawn on the number, but RACER understands it’s in the vicinity of a 20 percent improvement over 2024’s figure. Based on the visuals with busier crowds in the …
Read More »Tesla needs a blockbuster EV to break a sales slump. Can a stripped-down Model Y do the job? – MarketWatch
Tesla needs a blockbuster EV to break a sales slump. Can a stripped-down Model Y do the job? MarketWatch Tesla pledges to make cheaper cars as problems mount BBC Elon Musk on Tesla’s new ‘affordable’ electric car: it’s the Model Y Electrek The Cheap Tesla Is Almost Here—and We Finally Know What It’ll Look Like MotorTrend Elon Musk says Tesla has started making the …
Read More »Home sales are down. So why are prices at an all-time high? : NPR
The housing market has fizzled so far this year, as many would-be buyers are deterred by high prices and elevated mortgage rates. Justin Sullivan/Getty Images hide caption toggle caption Justin Sullivan/Getty Images Home prices hit an all-time high in June, even as the housing market continued its post-pandemic slump. The median price for an existing home sold last month was …
Read More »Palantir Stock Climb to Record High on Robust Sales and Major Army Contract
July 25 – Palantir Technologies (NASDAQ:PLTR) stock climbed to an all?time high of $158 on Friday morning, driven by strong investor demand, reflecting growing confidence in its data analytics platform. The company’s market value now tops $365 billion, driven by an 80% gross profit margin and a 481% one?year return. Palantir Stock Climb to Record High on Robust Sales and …
Read More »Inventory of New Single-Family Homes Spikes to Highest since 2007; in the South, Shoots Past Housing Bust High. Sales and Prices Drop
Homebuilders cut prices, bring on supply; profits plunge back to earth. Medicine this overpriced housing market needs. By Wolf Richter for WOLF STREET. New single-family homes for sale at all stages of construction spiked to 511,000 homes in June, the highest since October 2007, when inventory was falling during the Housing Bust as homebuilders, struggling to stay alive, were cutting back construction. Prices …
Read More »Auction sales fall 6% in the first half, raising fears for art market
Ups and Downs by KAWS, estimated£30000-£50000, on display during a preview at the Phillips showroom in central London, ahead of their forthcoming Evening and Day Editions auction. Picture date: Friday January 17, 2025. (Photo by Ian West/PA Images via Getty Images) Ian West – Pa Images | Pa Images | Getty Images A version of this article first appeared in …
Read More »Puma shares plunge 18% after full-year sales, profit outlook cut on U.S. tariffs
Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on Thursday, the retailer said it expects full-year sales …
Read More »Elden Ring Nightreign shipments and digital sales top five million; Elden Ring expansion ‘Shadow of the Erdtree’ tops 10 million
Total worldwide shipments and digital sales for Elden Ring Nightreign have surpassed five million units, and Elden Ring expansion “Shadow of the Erdtree” has surpassed 10 million units, publisher Bandai Namco and developer FromSoftware announced. Elden Ring Nightreign launched for PlayStation 5, Xbox Series, PlayStation 4, Xbox One, and PC via Steam today on May 30, and surpassed two million …
Read More »House price DROP imminent across all of America: Sales collapse at highest rate on record… with these cities at epicenter
Buyers are walking away from home purchases in record numbers, causing complete chaos in the US housing market. In June, over 57,000 home sales across the country were abruptly canceled, equaling a staggering 14.9 percent of homes that went under contract, according to a report from Redfin. That number is an uptick from 13.9 percent of sales which collapsed this …
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