Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Wednesday, June 25th, and I'm your host, Kim Kahn. Our top story so far,

Wall Street gets ready to say Clatu Borado Nocto. Fans of Blade Runner, I-Robot, and Westworld would get the chance

to invest in that future as Roundhill Investments prepares to launch the Roundhill Humanoid Robotics

ETF. That droid ETF will trade under the ticker symbol H-U-M-N. Human will be an actively

managed fund with an annual operating expense ratio 0.75%. The ETS seeks to

provide exposure to companies involved in the development, production, or supply of technology

is essential to humanoid robots, machines designed to mimic human form, and function using

artificial intelligence, sensors, and mechanical actuators. In its filing, Roundhill says, eligible holdings

will include humanoid robotic companies defined as businesses that either manufacture

humanoid robots or produce critical enabling technologies such as AI locomotion stacks,

tactile sensors, or power systems. To qualify for inclusion, companies must either be in commercial

production of human-made robots or related tech, or have developed a fully functional prototype

and be progressing towards commercialization. While no direct holdings were yet listed,

some stocks that may find themselves inhuman are Tesla, Nvidia, Intuitive Surgical, ABB, and Terodyne.

On the economic front, more cracks are showing in the housing market.

May new home sales tumbled 13.7% month on month to 623,000 in May from an annual rate of

$722,000 in April, lower than the 694,000 consensus.

The median sales price of new homes sold last month rose 3.7% to 426,600.

Odetta Cushi, the Deputy Chief Economist at First American, says, while one month doesn't establish a trend, especially in such a volatile series, the decline in sales indicates

buyer hesitancy. Nevertheless,

builders can utilize tools like mortgage rate buy downs, design upgrades, and flexible pricing

...