The Fate Of The US Housing Market Is In The Hands Of Indian Real Estate Agents And Satellite Photos [zero hedge]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations:
abc.xyz/investor
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Source: zero hedge
US home prices have never been more unaffordable.A little over a year ago, home prices finally surpassed their prior all-time highs, reached during the heyday of the housing bubble back in 2006.But with home prices in 80% of US cities are growing twice as fast as wages, working-class families across the US are finding it increasingly difficult to support their families - let alone afford a home. But fortunately, this hasn't been a problem for institutional investors like Blackstone, which are presently enjoying the luxury of a controversial valuation assessment known as a Broker Price Opinion - or BPO.As the Wall Street Journal explains, Congress prohibited the use of BPOs to underpin traditional mortgages as part of Dodd-Frank. But, fortunately for private-equity firms and their limited partners, that prohibition doesn't apply to investors buying tens of thousands of homes.Blackstone and its lender, Deutsche Bank AG, settled on a sort of drive-by valuation done by real-estate agents
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- EU's Vestager meets French tech firm Mistral AI amid competition concerns [Yahoo! Finance]Yahoo! Finance
- EU's Vestager meets French tech firm Mistral AI amid competition concerns [Reuters]Reuters
- Some Ring camera owners are eligible for refunds — Here are the applicable models [Yahoo! Finance]Yahoo! Finance
- Equativ is closing in on a deal to acquire fellow adtech company Sharethrough, sources say [Business Insider]Business Insider
- CEOs of OpenAI, Google and Microsoft to join other tech leaders on federal AI safety panel [CNN]CNN
GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/17/24 - Form 4
- GOOG's page on the SEC website