The Daily Upside

Walmart Blames Upcoming Price Hikes on Tariffs

Photo by David Montero via Unsplash

Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.

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Google Patent Makes Controlling Robots Easier

The tech allows a robot to operate based on both language commands and environmental surroundings.

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The Risky Business of Replacing Human Workers With AI

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‘What is our obligation to our people?’

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How OpenAI Became a C-Suite Darling

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It’s more than just a first-mover advantage, one expert says.

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Nvidia, ADM Buoyed by Saudi AI Deals, Softer US Export Controls

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A change in US export controls on advanced semiconductors presaged a wave of AI deals between the US and Saudi Arabia this week.

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Retirement-Platform Giant Turns On Private Markets Tap

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Retirement plan provider Empower is making private market investments available to participants with help from some Wall Street titans.

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Airbnb Reinvents Itself to Regain Rizz

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Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.

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LPL Soars on First Earnings Beat After Commonwealth Deal

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Shares of the country’s largest independent broker-dealer surged 13% over the past week.

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Who Wants to Live to 100? Not Most Americans

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Just over 70% of Americans say they don’t want to live to be centenarians, afraid they won’t be able to afford the costs of longevity.

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Private Assets Get the In With Long-Sought-After 401(k)s

Photo by Towfiqu Barbhuiya via Pexels

Empower is adding private market allocations with collective investment trusts used in managed accounts.

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UnitedHealth CEO Replaced by Predecessor as Stock Plummets

Photo by Chad Davis via CC BY 2.0

UnitedHealth Group has called in its CEO to deal with a Medicare Advantage program that’s crunching margins.

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Japan Looks Like Biggest Winner in Trump’s Trade Tumult

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Japan remains in position to be one of the big winners from President Trump’s trade war, even with a temporary China truce in place.

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Elon Musk’s Boring Company Gets Bite at Major Amtrak Contract

Photo by Steve Jurvetson via CC BY 2.0

Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.

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Alt-Rock Generation Vibes With Alternative ETFs

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Millennials and advisors are leaning into nontraditional investments that help diversify their portfolios.

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Firms Keep Cranking Out Active ETFs

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Invesco recently added several active ETFs to its product lineup, and PGIM is among those prepping a few more.

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Goldman Sachs Shifts ETF Accelerator Platform to Tidal

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The platform’s business includes two trusts that house $5 billion worth of ETFs.

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Trump Prescribes Deep Discounts for Big Pharma

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The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.

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Chegg Cuts Workforce as AI Takes Over the Chat

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Online learning company Chegg is laying off almost a quarter of its workforce amid worries that AI is doing people’s homework for them.

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Optimism Overpowers Market Uncertainty Following US-China Trade Thaw

Jerome Powell, Chair of the Federal Reserve. Photo by Federal Reserve Board of Governors via PDM 1.0.

The US and China shocked the world in announcing a 90 day trade truce, turning weeks of uncertainty into a day of optimism.

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Inside the Interval Fund from Vanguard, Blackstone, Wellington

Photo by Roman Tiraspolsky via iStock

The announcement follows similar plans by prominent asset managers like State Street, Apollo, KKR and Capital Group.

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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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