The Daily Upside

Capital One Plans Purchase of Discover to Build Credit Card Colossus

Photo by Can Pac Swire via CC BY-SA 2.0

The mega bank intends to buy the fourth-leading credit card network in the US.

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The EU Officially Wants to Know if TikTok is Bad for Kids

Photo by Solen Feyissa via Unsplash

Regulators have opened “formal proceedings” to examine who well the popular platform is protecting children.

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German Businesses See Big Opportunities on US Soil

Photo by Cesar Salazar via Unsplash

With demand cratering at home, the country’s top businesses are attracted to America’s growing economy and incentives.

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Tesla Patent Gives its Cars Better Situational Awareness

Photo via U.S. Patent and Trademark Office

Tesla and other self-driving car firms face both regulatory battles and public perception hurdles.

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Amazon Patent May Lower AI’s Barrier to Entry

Photo via U.S. Patent and Trademark Office

Amazon wants everyone to fight fraud with machine learning with its latest patent for “automated machine learning pipeline generation.”

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Nvidia’s Never-Ending Rally Has Hedge Funds Off to a Good 2024

Photo by Maurizio Pesce via CC BY 2.0

The AI semiconductor giant’s stock tripled last year — and it’s jumped nearly 50% already in 2024.

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Balmy US Winter Sends Natural Gas Prices Plummeting

Photo via ReAl

Supply is outstripping demand as a warm season has meant less need for heat.

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With Too Many EVs, Chinese Carmakers Look to Foreign Markets

Photo by Michael Förtsch via Unsplash

Demand has been slowing domestically, so Chinese companies are looking abroad to keep sales growing.

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Britain’s Legacy of Leaving the EU

Photo illustration by Connor Lin / The Daily Upside, Photos via Number 10 and President of Ukraine

The UK is heading for its first election since it actually left the EU, but what has Brexit done to Britain’s economy?

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JPMorgan Sued by CEO of Greek Fintech Firm it Co-owns

Photo by Ben Sutherland via CC BY 2.0

The unit’s chief says the big bank is keeping his company from expanding into key markets.

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GM Expands Hands-Free Driving Range as Industry Recalls Persist

Photo by Maxx@night via CC BY 2.0

The company’s Cruise now has double the road for autonomous driving, but many consumers continue to have safety concerns.

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Recession Is Rearing its Head, But Not in the US

Photo by David Vives via Unsplash

Japan and the UK both announced that their economies shrunk over the past 6 months, while US consumers have yet to stop spending.

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Adobe Patent Tackles Bias in Image AI Tools

Photo via U.S. Patent and Trademark Office

The tech relies on oversampling of images with “minority attributes” to make sure the outputs actually reflect the inputs.

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Investors Are Buying Up a Bigger Share of Cheap Homes

Photo by Jonathan Cooper via Unsplash

More than a quarter of all US home sales were bought by investors in the last quarter, a new all-time high.

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FTC, US Health Dept Launch Probe Over Chemo Drug Shortages

Photo by National Cancer Institute via Unsplash

The investigation is targeting so-called middlemen that broker deals between hospitals and pharmaceutical companies.

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Europe Wants Big Telecoms to Merge

Photo by Christian Lue via Unsplash

The unexpected stance appears to be an infrastructure-related exemption to regulators’ normally tough antitrust stance.

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Google Wants to Use Context to Drop Wakewords

Photo via U.S. Patent and Trademark Office

Without a wakeword, a digital assistant has to monitor its users more closely.

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Visa Takes Biometrics On-the-Go Without Privacy Issues

Photo via U.S. Patent and Trademark Office

The patent could add another form of frictionless payment to the landscape, and present competitors to Apple Pay and Amazon’s Just Walk Out.

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Uber, Lyft Drivers to Spend Valentine’s Day on Strike

Photo by War on Want via CC BY 2.0

Thousands of gig-economy workers plan to walk out on Wednesday in a bid for higher wages.

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Temu Picks Up Suppliers Jilted by Rival Shein

Photo by Dick Thomas Johnson via CC BY 2.0

The e-commerce upstart has been able to acquire supply chains left behind as Shein polishes its images ahead of a possible IPO.

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Advisor Upside

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

Trump Media Delays Registration for Bitcoin ETF

Photo via Hu Yousong / Xinhua News Agency/Newscom

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Vanguard’s Joe Davis on AI and the ‘Second Half of the Chessboard’

Joseph Davis, Vanguard’s global chief economist and global head of the Investment Strategy Group.

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China’s Revolutionary DeepSeek Turns to American Hardware for Upgrade

Photo by Solen Feyissa via Unsplash

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