Silicon Valley’s hottest housing markets are losing residents

Silicon Valley's hottest housing markets are losing residents

Average home sales prices have skyrocketed in Silicon Valley’s hottest housing markets, and residents are moving out. A new study from Joint Venture Silicon Valley found that the region’s average home sales price peaked at $1.53 million in 2022, led by three of the most competitive markets – Fremont, Santa Clara and Sunnyvale. Heidi Young, …

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Google stock is losing a market capitalization the size of Nike in one of the five worst declines in Wall Street history

Google stock is losing a market capitalization the size of Nike in one of the five worst declines in Wall Street history

Published: October 25, 2023 at 16:58 ET Alphabet Inc.’s Wednesday stock sell-off. caused the fifth-largest one-day decline in market value of any U.S. company in history. Alphabets GOOG GOOGL shares fell 9.5% on Wednesday’s action, according to Dow Jones Market Data, wiping $166.64 billion in market value from Google’s parent company. The decline in market …

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