Financial Highlights from the Recent Week You Should Know About:
- MARKETS: There’s no stopping NVIDIA
With all the caution and chaos going on in the markets, there’s no stopping NVIDIA. NVIDIA became the first 4 trillion company. - AI: Managers are relying more on AI to make business decisions
A recent survey by Resume Builder found that 60% of managers surveyed used AI to help in making critical business decisions regarding personnel & staff.
“Hey ChatGPT, does this mean Managerial roles also be replaced by AI?” - AI: If your high-level job involves this, then it could be at risk of being replaced by AI…
Look, I get it, no one likes “fear-mongering” about AI. But the truth is, avoiding it and pretending like it’s not there won’t help anyone.
It’s better to take this head on so you can figure out a meaningful path.
This HBR article found that if your job involves measurable data, AI will be able to automate any of these tasks. That includes financial analysis, medicine and law. - M&A: Ferrero Rocher acquires Kelloggs cereal
As the chocolatier has experienced supply chain shocks in recent years due to poor cocoa crop yields, they’re diversifying into breakfast cereals with their recent acquisition of Kelloggs for $3.1 billion. - SUPPLY CHAIN: Thought you’d switch to Matcha instead of coffee? Think again…
As coffee prices have been increasing the last few years due to poor cocoa crop yields, if you thought switching your drink to Matcha might go easier on your wallet, think again.
Poor matcha harvests in Japan has resulted in having to look externally at matcha suppliers in Taiwan and Thailand.
The quickest way to level up, become smarter & add value to your career in finance.
Signup for the FREE weekly newsletter: The Finance & Money Edge.
Get smarter about:
A weekly non-stuffy 2-minute read.
We value your privacy. We will never rent, sell or exchange your details. Our privacy policy.
