US new home sales for June 2017
- Prior was 610K (revised to 605K)
- Sales up 0.8% m/m vs +0.8% m/m expected
- May sales revised to +4.9% from +2.9%
Most Popular
Oil tops $100! OXY surged 50%+ historically, XOM only 3%. Demand shifts impact valuations.
Planet Labs (PL) beats revenue, guidance strong! But watch those negative margins & future EPS forecasts.
MSFT down 19% despite 23% profit growth. High AI costs pressure margins, valuation at 25x P/E seems risky.
Scholastic's revenue dips 1.9%, but FCF jumps to $407M. Stock up 7.6% post-earnings.
No US crude export ban despite $110 Brent! Producers fear lost revenue, consumers see no price relief.
Oil price swings dictate market moves; S&P 500 down 0.3%, Dow 0.4%, Nasdaq 0.3%.
Canada revokes 47 crypto licenses for AML failures; fines hit $140M. Risk up for non-compliant firms.
Must Read