Amazon Prime Day Household Spending Underwhelms, Survey Finds

Meta Builds Photorealistic AI Version Of Mark Zuckerberg To Interact With Employees Meta is developing an artificial intelligence-powered replica of CEO Mark Zuckerberg capable of engaging directly with employees, as the $1.6 trillion company intensifies its efforts to reshape itself around AI. According to FT, the social media giant has been working on photorealistic, AI-driven 3D characters that users can interact with in real time - and has recently prioritized the development of a Zuckerberg AI character, which could provide conversation, feedback, and a stronger sense of connection to the founder for...

US Existing Home Sales Unexpectedly Jumped In May, Inventories Surge With the Spring selling season in tatters, existing home sales were expected to rebound in May very modestly (+1.1% MoM) off recent record lows, but instead they outperformed, rising at 3.2% MoM (and April's 0.2% MoM rise was revised higher to a +0.7% MoM rise). That lifted existing home sales up 3.22% YoY - the strongest since September 2025... Source: Bloomberg That beat lifted existing home sales SAAR to its highest level of the year (but not exactly signaling a trend)... Source: Bloomberg “More Americans...