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"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April
"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April
Pending home sales were expected to rise for the third straight month in April (after crashing to record lows to end last year) as mortgage rates stabilized amid war worries, and they did, rising 1.4% MoM (better than the 1.0% expected) with March's gains revised higher too.
Source: Bloomberg
This left pending home sales up 3.35% YoY - the best annual gain since Nov 2024 - lifting the index off record lows...
Source: Bloomberg
The report suggests the housing market was...
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Jun 29, 2026 / Tyler Durden
World's Largest Chipmaker, Taiwan Semi, Accelerates Local DRAM Supply Chain With Winbond Collaboration
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In a time of heightened scrutiny on the memory supply chain, overnight the world's largest chipmaker, Taiwan's TSMC, is reportedly building out a domestic DRAM supply chain in Taiwan amid a severe global memory shortage, bringing in Winbond as a partner, UDN reported.
TSMC and Winbond are collaborating on a localized DRAM supply chain using 3D wafer-on-wafer (WoW) stacking technology, where Winbond would supply DRAM memory wafers to be stacked with TSMC's logic wafers. The move is designed...
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Jul 30, 2026 / Tyler Durden
IRGC Strikes Jordan Again After 2-Hour US Bombardment Kills Iranian Troops, Civilians - Hormuz Traffic Creeps Higher
IRGC Strikes Jordan Again After 2-Hour US Bombardment Kills Iranian Troops, Civilians - Hormuz Traffic Creeps Higher
In the wake of the overnight fresh round of US airstrikes on Iran, which resulted in destruction and casualties especially along coastal areas, Iran's military has retaliated once again especially on Jordan.
US Central Command (CENTCOM) announced that it completed a "heavy" wave of strikes on the Islamic Republic, in response to "attempted missile attacks" on American bases in the region earlier this week. This US wave lasted two hours, the Pentagon said, striking "military...
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Theater of the Absurd in J6 Courtrooms




