Author: Arabian Media staff
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Trump vowed to impose roughly 100% tariffs on semiconductors unless companies build in the U.S. Is it the latest installment of the “TACO” trade? Source link
“Food is the most resilient category and most sought-after category for convenient consumptions,” said DoorDash CEO Tony Xu. Source link
After a “weak” July for active large-cap equity mutual funds, a majority are underperforming their benchmarks this year, according to BofA Global Research. Source link
The sports-betting company’s stock jumped after a big profit beat, as users bet a lot more than they did last year — and also lost more. Source link
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If you’re a translator, historian, writer, data scientist, or customer service representative, your job could be ripe for being replaced by artificial intelligence (AI). That’s according to a new, not-yet-reviewed research from Microsoft Corporation (MSFT), which identified 40 occupations with tasks most likely to be replaced by AI. Their findings suggest that knowledge work and communication-heavy jobs are the most vulnerable to AI disruption, while roles requiring physical labor or direct human interaction are projected to stay relatively safe. Key Takeaways Microsoft researchers argue that jobs involving writing, research, and communication, such as translators, journalists, and historians, may be replaceable…
“The Disney bundle now becomes incredibly attractive,” one industry expert says. Source link
Costco on Wednesday reported $20.89 billion in sales through the “retail month” of July, or the four weeks that ended on Aug. 3. That marked an 8.5% year-over-year gain. Source link