Amazon Beats Estimates Across the Board as AWS Revenue Jumps 20%
The Beat Amazon delivered strong results across every major business segment. Total sales climbed 13% to $180.17 billion, topping the $177.8 billion estimate. Earnings per share hit $1.95, crushing the $1.57 consensus. The stock jumped 12% Friday on the news. AWS was the star performer. Cloud revenue grew 20% to $33 billion, exceeding expectations. The […]
Reddit Crushes Earnings With 68% Revenue Surge and Rising User Base
The Beat Reddit crushed third-quarter expectations. Revenue surged 68% year-over-year to $585 million, easily beating the LSEG estimate of $546 million. Earnings per share hit 80 cents versus the 51-cent estimate - a massive beat. The stock responded accordingly, jumping more than 14% Friday. Reddit also issued strong Q4 guidance, projecting revenue between $655-$665 million. […]
Six-Figure Incomes Now Required to Buy a Home in Most Major US Cities
The New Reality Homeownership in America now requires a six-figure income in most major cities. According to 2025 data from Redfin and US Census estimates, you need approximately $112,000 in household income to afford a median-priced home. That's more than 30% above the actual median income. With median home prices above $440,000 and mortgage rates […]
OpenAI and Oracle Planning Massive 1GW Data Center Campus in Michigan
The Project OpenAI and Oracle are building another massive AI data center. The companies, along with Related Digital, plan to establish a large-scale campus in Saline Township, Michigan. The project will deliver more than 1 gigawatt of compute capacity - enough to power enormous AI workloads. Construction is scheduled to begin in early 2026, pending […]
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