The 15 most in-demand ZIP codes for U.S. homebuyers—No. 1 is in Ohio
Economy

The 15 most in-demand ZIP codes for U.S. homebuyers—No. 1 is in Ohio

The most desirable ZIP code for U.S. homebuyers isn’t in a big city on the coast — it’s a cozy suburb in Ohio.Gahanna, Ohio, is the most in-demand area in the country, according to an analysis of over 29,000 ZIP codes by Realtor.com.The 2023 rankings for each ZIP code are based on two things: how… […]

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
Economy

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre on December 19, 2023 in Sutton Coldfield, England. Nathan Stirk | Getty Images News | Getty Images Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to soaring profits. Additionally, the […]

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Economy

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company’s massive investments in generative artificial intelligence. On a conference call with analysts following the company’s […]

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
Economy

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’

BlackRock’s iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven. The firm launched the iShares Top 20 U.S. Stocks ETF (TOPT) this month. It doesn’t just hold the Magnificent Seven — Apple , Amazon , Meta , Alphabet , Microsoft , Nvidia and Tesla . It’s made […]

Apple sales rise 6%, company seeing early iPhone 16 demand
Economy

Apple sales rise 6%, company seeing early iPhone 16 demand

CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge […]