As Amazon prepares to release its first-quarter earnings report after the bell on Tuesday, analysts are watching closely to see if the tech giant will meet their expectations. Analysts are predicting earnings per share of 83 cents and revenue of $142.5 billion. Additionally, they are looking at specific numbers within the report, such as Amazon
App
The real estate market continues to experience strong demand and limited supply, resulting in soaring home prices. In February, home values jumped by 6.4% year over year, marking the fastest rate of price growth since November 2022. The 10-city composite rose by 8%, while the 20-city composite saw an annual gain of 7.3%. This trend
Samsung Electronics reported a staggering 932.8% increase in operating profit for the first quarter of the year, largely driven by the resurgence of memory chip prices linked to the growing optimism around Artificial Intelligence (AI) technologies. The company’s revenue stood at 71.92 trillion Korean won (approximately $52.3 billion), outperforming the estimated 71.04 trillion Korean won.
In light of the recent bond rout and ongoing market volatility, it has become increasingly important for investors to have a well-diversified portfolio that includes a significant portion of fixed income assets. Bonds not only provide a level of protection against market fluctuations but also offer a source of income. The 10-year Treasury yield crossing
In American society, conversations about money are often considered taboo, with women being one of the most hesitant groups to engage in such discussions. However, experts warn that avoiding financial inquiries can hinder women’s financial progress in the long run. In light of these challenges, organizations like Savvy Ladies are stepping up to provide a
As prospective homebuyers and sellers gear up for the spring real estate market, their attention is focused on the fluctuating mortgage rates. Recent data from Freddie Mac indicates that the average 30-year fixed-rate mortgage climbed to 7.17% for the week ending April 25th, showing an increase from the previous week’s rate of 7.10%. However, there
In the United States, nearly 40 million families are considered to be ALICEs, which stands for Asset Limited, Income Constrained, Employed. This term was first coined by the United Way’s United For ALICE program to highlight households that earn above the poverty line but still struggle to make ends meet. These families make up 29%
As wedding and engagement season approaches, many couples are preparing to take the next step towards marriage. One crucial conversation that newlyweds must have is about managing their finances and deciding who will pay the bills. The way in which couples handle their finances can have a significant impact on their relationship and their financial
The economy minister of Saudi Arabia, Faisal Al Ibrahim, has vehemently rejected recent reports suggesting that the $1.5 trillion NEOM megaproject is scaling back some of its ambitious plans. Despite initial reports indicating a significant reduction in the scale and scope of the project, Al Ibrahim stated that all projects are moving forward at full
In a move that could have come straight out of a high-stakes drama on HBO, Paramount Global is gearing up to announce a significant leadership change that will see the current Chief Executive Officer, Bob Bakish, being replaced by a group of division heads within the company. This strategic maneuver is aimed at driving the