There’s a group of dogs who generate more revenue per employee than employees at Microsoft, AMD, Tesla, or Palantir. Canines in South Africa’s Detector Dog Unit, which sniffs out goods that would otherwise have evaded customs duty, bring in an average of $1.8 million per dog per year in customs revenue. Currently, the unit has a shortage of 14 dogs, which is costing the South African government roughly $25 million per year in lost income.
The S&P 500, Nasdaq 100, and Russell 2000 ended the week higher on Thursday after President Trump and Iranian President Pezeshkian signed a memorandum of understanding aimed at ending the war. Information technology was the best-performing sector, followed by consumer discretionary as airlines and cruise lines surged on the prospect of cheaper fuel costs, while energy was Thursday’s worst performer.
