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Global house prices are rising at the fastest rate in history.
Original title: global house prices are rising at the fastest pace in history. Newly released data on existing home sales in the United States show that the median price of existing homes in the United States soared 24% to a record $363300. According to statistics, this data has been on an upward trend since the beginning of the year, which has become another proof that the real estate market is in a bubble. Lawrence Yun, chief economist of the National Association of Realtors (NAR), commented that median home prices are unlikely to fall as inventories remain tight, but he expects house price growth to slow by the end of the year. Big banks such as Goldman Sachs Group and Bank of America
People familiar with the matter: Microsoft plans to expand aggressively in China to expand its cloud services business in Asia
Microsoft plans to add four new data centers in China no later than early 2022 to expand its service capacity in Asia, according to people familiar with the matter. Microsoft, which already has six data centers in China and is operated by local partner Century Interconnection, is seeking to capitalize on the surge in global demand for Internet services during the epidemic.
Zoom's revenue for the first fiscal quarter increased 191.4%, and concerns about a slowdown in performance caused stock prices to plummet 5% after the market
Video communication software company ZoomVideo released better-than-expected financial results for the first fiscal quarter after the market on Tuesday, including a 191% increase in revenue. However, due to concerns about a slowdown in performance, the stock fell sharply by 5% in after-market trading. Financial reports show that Zoom Video earned $1.32 per share after adjustment for the first fiscal quarter of fiscal year 2022, with analysts expecting $0.99; revenue of US$956.2 million, up 191.4% year on year, analysts expected US$910.2 million; free cash flow was US$454.2 million, and market expectations were US$280.4 million. Looking ahead to the second fiscal quarter, the company
Biden will propose a $6 trillion budget to boost infrastructure
Us President Joe Biden plans to spend $6 trillion on infrastructure, education and health care in fiscal year 2022, according to a document obtained by the media. The proposal is expected to be presented on Friday. President Joe Biden will propose a $6 trillion budget on Friday that will bring federal spending to its highest level since World War II and a deficit of more than $1.3 trillion over the next 10 years, the report said. The budget request requires the federal government to spend $6 trillion in fiscal year 2022 and increase total spending to $8.2 trillion by 2031. This increase in expenditure is due to worship.