TRENDING TOPICS
1716 articles found for "passive income"
Reddit posted its strongest quarter ever with revenue up 70% to $726 million and net income surging 255%. The company announced a $1 billion buyback, yet shares remain down 35% in 2026.
Arista Networks reported record Q4 revenue of $2.49 billion, surpassing $1 billion in quarterly net income for the first time. The company raised its 2026 AI networking revenue target to $3.25 billion from $2.75 billion.
New data shows the K-shaped economy is widening as middle-income consumers cut spending and trade down to cheaper products while affluent households spend at record levels.
US consumer delinquencies have risen to 4.8% of all household debt, the highest since 2017. Credit card balances hit a record $1.233 trillion as younger and lower-income borrowers face mounting pressure.
Disney's theme parks, resorts, and cruise division posted a record $10 billion in Q1 FY2026 revenue, generating 71% of the company's total operating income.
Toyota raises its FY2026 operating income forecast to 3.8 trillion yen despite tariff-driven declines, as record hybrid vehicle sales and disciplined cost management offset the impact of 25% U.S. auto tariffs.
Affirm reported $118 million in GAAP operating income for Q2 2026 on $1.12 billion in revenue, marking a historic milestone for the buy now, pay later industry as card business surges 159%.
Real consumer spending growth expected to drop to 1.5% in 2026 as K-shaped economy emerges—higher-income households drive growth while lower-income Americans cut back.
Mortgage rates hit three-year lows below 6.1%, builders offer record incentives, and income growth outpaces home prices—creating the best conditions for first-time buyers since 2022.
Tesla's Q4 2025 EPS of $0.50 beats estimates, but the company's first-ever annual revenue decline and 61% net income plunge underscore a painful transition from growth to robotaxi ambitions.
The October-November government shutdown has created a cascade of delayed economic data, with the BEA postponing GDP and personal income reports into March, leaving markets and policymakers flying blind.
The One Big Beautiful Bill Act eliminates most income-driven repayment plans and makes student loan forgiveness taxable. Here's what borrowers need to know before the July 2026 deadline.