Brian Boyle

brian@thedailyupside.com

Brian Boyle (he/him) is Lead Reporter at The Daily Upside. His writing has previously appeared in outlets such as Vice, Slate, and The Los Angeles Times, where he was a contributing writer on the opinion section. He lives in Los Angeles.

Media & Entertainment

Fox Places Big Bet on Streaming with $22 Billion Roku Deal

Photo via Richard B. Levine/Newscom

Folding The Roku Channel into Fox would create a media conglomerate capable of competing for eyeballs, and ad dollars, with the best of them.

1 min read
Media & Entertainment

Amid World Cup Mania, FanDuel Parent Drops Dual Listing

Photo via Sports Press Photo/Curtis Wong / SPP/Sipa USA/Newscom

Flutter told Barron’s last week that it expects to manage 100,000 bets per minute at peak times during the World Cup.

2 min read
Artificial Intelligence

Can KKR Outmaneuver One of the Biggest AI Infrastructure Bottlenecks?

Photo via tiero/Newscom

The big money firm is teaming up with Nvidia, Kuwait’s sovereign wealth fund, and Texas energy producer Vistra to build data centers.

2 min read
Artificial Intelligence

Will Wall Street Stomach Oracle’s Costly AI Transformation?

Photo via Scott Coleman/ZUMAPRESS/Newscom

Capital expenditures continue to balloon and the company plans to raise another $40 billion through debt and equity financing.

2 min read
Markets

Marvell Joins S&P as Volatility Slams Chip Sector

Photo via JOHN ANGELILLO/UPI/Newscom

There’s been a bit of a vibe shift since Nvidia CEO Jensen Huang tabbed Marvell as “next trillion-dollar company” just a week ago.

1 min read
Industrials

The SpaceX IPO Is About Way More Than Just Rocket Ships

Photo via Charles Briggs/ZUMAPRESS/Newscom

Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.

2 min read
Artificial Intelligence

Can $2 Billion Startup Generalist AI Solve the Robot Training Conundrum?

Photo via Generalist AI

Training the AI robots that can interact in the physical world requires a gargantuan set of relevant training data that doesn’t yet exist.

1 min read
Energy

Regulator Helps Constellation Energy Fast-Track Three Mile Island Revival

Photo via Doug Nicotera/ZUMAPRESS/Newscom

The plan is to bring the infamous power plant back online sometime next year to service a nearby glut of power-hungry Microsoft data centers.

2 min read
Semiconductors

ASML Becomes Biggest Company in European History

Photo via Robin Utrecht/ANP/Newscom

A share price rally pushed ASML’s market cap to $668 billion on Wednesday, beating a European record set by Novo Nordisk in June 2024.

1 min read
Banking

Anthropic Raises Stakes in Wall Street’s IPO Gold Rush

Photo by Robb Miller via Unsplash

In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO.

2 min read
Artificial Intelligence

As Anthropic Files for IPO, AI Savings Disappoint America’s C-Suites

Photo via Ibanez-Picciarella/ZUMAPRESS/Newscom

40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.

2 min read
Consumer

Costco Profit Tops Wall Street Expectations as Deals Lure Inflation-Weary Consumers

Photo via Ioannis Alexopoulos/ZUMAPRESS/Newscom

The retailer has now seen year-over-year visit growth for six consecutive months through April, according to data analytics firm Placer.ai.

2 min read
Technology

Salesforce Delivers a SaaSpocalypse Reality Check

Photo via Andrew Schwartz/SIPA/Newscom

Salesforce points to record revenue of $11.1 billion and its own embrace of artificial intelligence to dispel SaaSpocalypse worries.

2 min read
Industrials

Space Companies Rocket Upward on SpaceX IPO Hype

Photo via Michael Cain Jr./Sipa USA/Newscom

2 min read
Semiconductors

Micron Joins $1 Trillion Market Cap Club

Photo via Alex Milan Tracy/Sipa USA/Newscom

High-bandwidth memory now accounts for roughly two-thirds of the total AI chip component cost, up from about 50% in early 2024.

2 min read
Energy

Exxon Pours Billions into Meeting Rebound in Carbon Capture Demand

Photo via imageBROKER/john wreford/Newscom

Exxon is spending big to connect customers to its 900-mile-wide network of underground carbon transfer pipelines, one executive told the FT.

2 min read
Artificial Intelligence

Pre-IPO, Anthropic Shows Up OpenAI with Surprise Profit Projection

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Anthropic recently told investors it solved the seemingly equally-intractable arithmetic problem of running an AI company that makes money.

2 min read
Semiconductors

China Market Fallout Overshadows Nvidia’s Blockbuster Sales Growth

Photo via Tian Yuhao/China News Service/VCG/Newscom

In a call with analysts Wednesday, CFO Colette Kress confirmed that the company generated zero revenue from H200 sales to China.

1 min read
Big Tech

Blackstone Invests $5 Billion in New Neocloud Partnership with Google

Photo via WLADIMIR BULGAR/SCIENCE PHOTO LIBRARY/Newscom

Blackstone, already the world’s largest private owner of data centers, will provide an initial $5 billion investment.

1 min read
Consumer

Retail Earnings Likely to Spotlight Inflation’s Bruising Grip on Low-Income Consumers

Photo via Michele Eve Sandberg/Sipa USA/Newscom

The reading on the University of Michigan’s consumer sentiment survey has recently plummeted to near all-time lows.

2 min read

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