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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?

“Food is the most resilient category and most sought-after category for convenient consumptions,” said DoorDash CEO Tony Xu.

After a “weak” July for active large-cap equity mutual funds, a majority are underperforming their benchmarks this year, according to BofA Global Research.

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.

“The Disney bundle now becomes incredibly attractive,” one industry expert says.

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.

Ride-hailing platform Lyft Inc. on Wednesday forecast key demand metrics that were better than Wall Street expected, but sales and rides for the second quarter came in below estimates.

Vacation platform Airbnb Inc. is making a bigger push into services and events while facing steeper competition from hotels.

Analysts noted high expectations for the AI lender, as well as a sharp increase in the amount of loans held on the company’s balance sheet.

Moderna Inc. shares are selling off Wednesday, after the Trump administration took aim at the science behind the biotechnology company’s vaccines and said it would cancel some contracts and stop funding mRNA drug development.

The new Republican tax law will speed up Social Security’s insolvency, the agency’s chief actuary said.

Home developers are overbuilding the large and underbuilding the small.