The Daily Upside

Global Jetsetters Ditch ‘Party in the USA’

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Travelers are expected to spend $12.5 billion less on trips to the US this year, while the rest of the world is about to see a tourism boost.

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Why IBIT’s Spooked By Quantum Computing

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The world’s leading asset manager says the cryptography underlying Bitcoin could be compromised by quantum hackers.

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ETF Market’s Riskiest Corner Keeps Getting Riskier

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Originally meant to track larger companies like Apple, single-stock ETFs have expanded to focus on notoriously volatile businesses like GameStop.

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ETFs Lose Some Edge Over Mutual Funds as Fees Decline

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The good news for the ETF industry is that fees don’t appear to be the reason people choose them.

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Glass Lewis, ISS Grapple With Renewed Risk to Influencer Status

Photo illustration by Connor Lin / The Daily Upside, Photos by Prostock-Studio and Bee32 via iStock

ISS, Glass Lewis face criticism from an oil giant engaged in a bitter proxy fight just as Congress renews scrutiny of advisory firms.

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Advisors Love Automated Assistants. But What’s the Future of AI?

Photo illustration by Connor Lin / The Daily Upside, Photos by iLexx and Feedough via iStock

Expert opinions on artificial intelligence vary, but one thing is certain: Change is inevitable.

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Marc Benioff Joins Investors Valuing Influencer Agency Whalar at $400M

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Marc Benioff joined a handful of prominent investors in influencer agency Whalar’s latest fundraising round, valuing it at $400 million.

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Thinning Cattle Herds Drive US Beef Prices to Record Highs

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US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.

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Walmart Blames Upcoming Price Hikes on Tariffs

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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

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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

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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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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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