US S&P/Case-Shiller Home Price YoY (Feb) Y/Y 0.9% vs. Exp. 1% (Prev. 1.2%)
The Case-Shiller Home Price data showed a year-over-year increase of 0.9%, falling short of the expected 1% and down from the previous 1.2%.
UPS (UPS) CEO says Amazon (AMZN) accounted for 8.8% of its business at end of Q1, down from a high of more than 13%
[ANALYSIS] OpenAI reportedly misses targets, stoking data centre spending concerns
US S&P/Case-Shiller Home Price YoY (Feb) Y/Y 0.9% vs. Exp. 1% (Prev. 1.2%)
US Redbook YoY (Apr/25) Y/Y 7.7%
Daily US Equity Opening News - OpenAI misses targets, stoking data centre spending concerns; CDNS trims profit view; SPOT rev. miss
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This miss may indicate a cooling in the housing market, which could have implications for consumer sentiment and spending, thereby influencing expectations around monetary policy.
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