U.S. Existing Home Sales Fall to 6-Month Low

The video discusses a decline in home sales due to inventory issues despite low interest rates. Facebook's stock reached a record high, driven by Instagram's valuation. Google Express is expanding its same-day delivery service to compete with Amazon. Consumer shopping trends show increased pressure on retailers to match service levels. Amazon has introduced a one-hour delivery service in Manhattan, and Apple has raised iPhone prices in Russia due to currency volatility.

What was the primary reason for the decline in home sales in November?

• High interest rates

• Economic recession

• Increased housing prices

• Lack of inventory

What was the market cap of Facebook after its shares hit a record high?

• $228 billion

• $200 billion

• $300 billion

• $250 billion

What did Google report about its same-day delivery service usage after Thanksgiving?

• A decrease in overall deliveries

• An increase in book deliveries by 30%

• No change in delivery patterns

• A decrease in toy deliveries

What new service did Amazon introduce in select Manhattan neighborhoods?

• Same-day delivery

• Next-day delivery

• One-hour delivery

• Two-hour delivery

Why did Apple raise iPhone prices in Russia?

• Increased production costs

• New iPhone features

• High demand for iPhones

• Volatility of the Russian ruble