The Daily Upside

Tesla Hits a First Quarter Roadblock Like No Other

Photo by David von Diemar via Unsplash

Elon Musk’s Tesla wrangled the crown of the world’s top EV seller away from China’s BYD this quarter, but it’s not taking any victory laps.

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Amazon Uses AI Race to Boost its Cloud Clout

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In a bid to attract some new clients for its cloud service, Amazon announced it will foot the bill for startups using AI models.

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UPS Supplants FedEx as Primary USPS Shipper

Photo by lasta29 via CC BY 2.0

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US Home Insurance May Reach Record High

Photo by Wes Warren via Unsplash

Amid an increase in severe weather events, homeowners insurance rates in the US are skyrocketing toward record highs.

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Senior Housing Sees a Slight Rebound, But Major Concerns Linger

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Demand for senior living facilities is inching back toward pre-pandemic levels. But how that demand will be met is still an open question.

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Fidelity Cuts Value of ‘X’ Stake Once Again

Investment firm Fidelity has once again cut the value of its Blue Chip Growth Fund’s position in Elon Musk’s X.

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Mexico is Quietly Becoming an AI-Hardware Manufacturing Hub

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With AI on the mind, US tech heavyweights are are urging Taiwan-based contract manufacturers to move production facilities to Mexico.

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Baltimore Bridge Collapse Turns Attention Toward America’s Infrastructure

Photo by Chad Peltola via Unsplash

In the wake of the bridge collapse disaster in Baltimore, other cities are wondering if it could happen to them.

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Low Cocoa Crop Yields Have Sent Chocolate Prices Soaring

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Cocoa futures hit a record high this week of over $10,000 per metric ton — not a great start to the Easter weekend.

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Advertisement Market is Booming, But Not for Everyone

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Media investment firm Magna now expects ad sales by media owners to increase over 9% this year.

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Fossil Fuel Clinginess Puts Climate Change Threshold in Peril

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Oil and gas entities are on track to nearly quadruple the fossil fuels they extract from newly approved projects by the end of the decade.

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Apple Could Bring Vision Pro to Healthcare with Recent Patents

Photo via U.S. Patent and Trademark Office

patents from Apple to make its artificial reality headset a little more health-aware could open up a whole new world of possibilities for AR in clinical contexts.

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UK Regulator Says ‘Finfluencers’ Can’t Hide Behind Memes for Marketing

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The Financial Conduct Authority has instituted clear guidelines for how financial influencers use social media for marketing.

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The AI Talent War Is Supercharged

Photo by Anthony Quintano via CC BY 2.0

Some candidates with experience in large language models can reap salaries in excess of $1 million a year.

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As Scandals Mount, Sportsbooks Team Up to Tackle ‘Problem Gambling’

Photo by Hank Paul via Unsplash

The biggest names in the business say they’ll spend $20 million to form a group to encourage responsible gambling.

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Zoom May Use AI to Tone Down Accents

Photo via U.S. Patent and Trademark Office

Though this could be a stepping stone for live voice translation, it may come with a few ethical issues.

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Nvidia, Google Patents Signal Big Tech’s AI Robot Craze

Photos by Nvidia (left) and Google (right) via U.S. Patent and Trademark Office

While robots aren’t taking over the world any time soon, tech companies seem intent on creating AI-enabled machines that walk among us.

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Krispy Kreme, McDonald’s Are Expanding Their Sweet and Savory Team-up

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The partnership is going nationwide after a successful run at 160 McDonald’s locations across Kentucky.

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BlackRock’s CEO Says the US Retirement System is Archaic

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Larry Fink said that retirement is a “much tougher proposition” than it was 30 years ago.

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Visa, Mastercard Agree to Massive Settlement That Limits Swipe Fees

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The agreement with US-based merchants is expected to reduce the credit card titans’ take by a combined $30 billion through 2030.

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Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Walmart Patent Signals AI Transformation for Bricks-and-Mortar Retail

Photo via U.S. Patent and Trademark Office

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Why AI Augmentation Tech Is More Than a ‘Cost-Cutting Tool’

Photo via Rawpixel

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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