The Daily Upside

Today’s Consumer: Bigger Credit Card Debts, Smaller Bank Deposits

Photo by Rann Vijay via Pexels

The biggest four banks in the US all saw their customers boost spending in 2023, as delinquencies rise in turn.

Loading…
Nvidia May Want AI to Create Its Own Data

Photo via U.S. Patent and Trademark Office

While the proposed tech could save a lot of resources in AI training, it faces major problems if it can reproduce biases and inaccuracies.

Loading…
The King’s Conundrum

Photo by Katie Chan via CC BY-SA 4.0

If tax havens refuse to change, then what can stop them?

Loading…
‘WWE Raw’ Is Heading to Netflix in 2025

Photo by Miguel Discart via CC BY-SA 2.0

The 10-year pact puts the king of streaming squarely in the sports livestreaming arena.

Loading…

Bitcoin Slumps After ETF Rollout

Photo by André François McKenzie via Unsplash

The industry clamored for clearance to offer spot ETFs. Now that they’re here, the results are less than stellar.

Loading…
Temu Is Leaning on Boomers to Storm the US

Photo by Karolina Grabowska via Pexels

Boomers are ahead of younger generations in embracing from the Chinese e-commerce marketplace.

Loading…
Macy’s Rejects $5.8 Billion Buyout Offer

Photo by Paulo JC Nogueira via CC BY-SA 3.0

The retailer questioned how the proposed deal would be financed, but it may just be delaying the inevitable.

Loading…
Startup ElevenLabs Is AI’s Newest Unicorn After Latest Fundraising Round

Photo by Growtika via Unsplash

The AI software company is sporting a new valuation of more than $1 billion after its latest $18 financing round.

Loading…

Meta is Truly Sick of News

Photo by Anthony Quintano via CC BY 2.0

The social media platform’s referrals to news media sites has been steadily dropping.

Loading…
Microsoft Makes Chatbots Mindful with Emotion Detection Patent

Photo via U.S. Patent and Trademark Office

The company’s patent for a wellness chatbot could require users to have a lot of trust in the company to protect their data.

Loading…
Musicians Could Be Next to Disturb Hollywood’s Labor Peace

Photo by Nick Philly via CC BY-SA 4.0

In the wake of monthslong work stoppages by both writers and actors, musicians prepare to negotiate over similar issues.

Loading…
Pinterest’s Spam Scraping Patent Could Fight Misinformation

Photo via U.S. Patent and Trademark Office

Pinterest wants to kick spam to the curb with a patent that uses AI to detect malicious links.

Loading…

NYC Real Estate Investors Are Betting On an Office Comeback

Photo by Jermaine Ee via Unsplash

RXR and Ares Management think the darkest hour is nearly over for New York City’s commercial real estate sector.

Loading…
Intel’s “Proof of Creation” Tech Could Take On OpenSea

Photo via U.S. Patent and Trademark Office

Intel said the purpose of this tech is to help creators of and buyers of digital assets “assert their identity” without a marketplace.

Loading…
Two US Hedge Funds Racked Up Major Chinese Gains Last Year

Photo by Pixabay via Pexels

American firms in China have seen better days, except for the Chinese operations of hedge fund giants Two Sigma and Bridgewater.

Loading…
Wide World of Streams: How Sports is Navigating Media’s Shifting Landscape

Photo by Norbert Braun via Unsplash

The old world of media is collapsing, while a new order is rising. Live sports, meanwhile, are caught in the middle.

Loading…
Pharma Companies Have Hiked Prices on Nearly 800 Drugs in 2024

Photo by Chemist4U via CC BY-SA 2.0

Many of the medicines are the most popular in the sector, including popular weight loss drugs Ozempic and Mounjaro.

Loading…
Reddit’s IPO Might Finally Be On the Horizon

Photo by Brett Jordan via Pexels

The online platform looks for steadiness in the financial markets after a mini-revolt among users.

Loading…
Spirit Charts Uncertain Path After Blocked Sale

Photo by Forsaken Films via Unsplash

The budget airline’s fate is uncertain after a court ruled that its merger with JetBlue would harm consumers.

Loading…
UK Post Office Scandal Wipes $1 Billion Off Fujitsu’s Market Cap

Photo by Johnny Briggs via Unsplash

The Japanese software maker was able to fly under the radar for years until a made-for-TV drama pointed the finger.

Loading…

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

Loading…
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.

Loading…
China’s Revolutionary DeepSeek Turns to American Hardware for Upgrade

Photo by Solen Feyissa via Unsplash

Loading…