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AI craze drives San Francisco home prices to $2.15 million, hitting a new record high

07/04/2026

According to data from real estate brokerage firm Compass Inc., the median home price in San Francisco soared to a record $2.15 million in March, up 18% from the same period last year, as wealth created by artificial intelligence startups pours into the city. Data from real estate platform Zillow Group Inc. shows that the surge in home prices in San Francisco contrasts sharply with the modest 0.8% increase in home prices nationwide as of March.

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2 m ago

The documents submitted to the SEC by Madison Air Solutions show that the company will issue 82.7 million shares of stock at a price of $25 to $27 per share, raising up to $2.23 billion. Based on the upper end of the price range, the company is estimated to be valued at around $13.2 billion, potentially making it the largest industrial IPO in the United States since the listing of United Parcel Service in 1999.

3 m ago

The Chicago-based ventilation equipment company Madison Air Solutions is preparing to enter the stock market, and this deal could be one of the largest industrial IPOs in decades.

5 m ago

Amazon has reached an agreement with the United States Postal Service on package delivery.

5 m ago

ARK Invest, led by Cathie Wood, has added an investment in the AI cloud infrastructure company CoreWeave, purchasing over 83,000 shares worth nearly 5.8 million USD. This purchase was made through multiple ARK funds, including the ARK Innovation ETF.

6 m ago

According to reports, Amazon has reached an agreement with the United States Postal Service that is expected to allow the retailer to send over 1 billion packages through the USPS every year, accounting for 80% of its current business.

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