The Daily Upside

ETFs Are Breaking Inflow Records. Not So Much Overseas

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US equity ETFS saw nearly $150 billion in inflows last month. Those tied to Europe, Japan, and emerging markets weren’t so lucky.

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Merck Cautiously Enters GLP-1 Fray Via Licensing Deal With Chinese Drugmaker

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By licensing a drug from Hansoh, Merck signaled that it isn’t prepared to fully challenge its rivals’ dominance in the GLP-1 space.

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Does a Popular Internet Router Pose a National Security Threat?

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If similar cases are a guide, the US has given equal weight to both known and hypothetical threats to national security.

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OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

Photo by Gage Skidmore via CC BY-SA 2.0

With Trump expected to chase increased oil exports and more drilling in the US, OPEC+’s fear of losing market share looms larger than ever.

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The Fed Marches into a Murky New Era

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Inflation is definitely looking like a “two-handle” problem. That’s investor-speak for a rate below 3% but above the Fed’s 2% target.

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Concert Tickets and Vacation Rentals Get Hit by FTC’s War on Junk Fees

Photo by Paolo V via CC BY 2.0

Don’t get too excited for cheaper Taylor Swift tickets: The rules just force sellers to present all the extra fees upfront.

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Pfizer Stock Surges as It Says Outlook Will Match Wall Street Expectations

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Sometimes, markets don’t need breathless buzzwords to get excited. Sometimes, “marginally encouraging” will do. Ask Pfizer shareholders.

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Want to Attract Top Talent? Try These Comp Perks

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Firms are offering extra incentives to advisor compensation plans like paid time off for volunteer work, and even free financial planning.

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Why Wells Fargo Is Tapping Into Banking Customers

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Wells Fargo Advisors is hoping it can cross-sell products to customers in other business lines, specifically banking customers.

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Dr. Doom’s 5 ‘Wars’ Facing the Global Economy

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The noted economist Nouriel Roubini cited five major issues that our species will have to confront over the next two decades.

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The Mental Health Crisis is Slamming Workplaces

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Consensus opinion seems to be that a mental health crisis is plaguing the world. And it turns out, good mental health makes wealth.

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Europe Spends $11 billion to have an Alternative to Starlink

Photo via ESA/Mlabspace

It’s part of the EU’s goal to build its own spacefaring infrastructure, reducing its dependence on US private companies.

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Investment Giant SoftBank Promises $100 Billion and 100,000 Jobs to the US

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SoftBank’s gigantic pledge undoubtedly represents a major PR victory for the incoming Trump 2.0 administration.

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The Time and Place for AI Code Generators

Photo via U.S. Patent and Trademark Office

Though chatbots do code’s heavy lifting, humans need to be in charge.

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Why Small AI Models Are Winning In Enterprise

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The adage “go big or go home” may not always apply to AI.

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ByteDance is Winning the China AI Race. That’s Bad News for TikTok.

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ByteDance, the China-based TikTok owner and political punching bag, is emerging as the nation’s answer to OpenAI.

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Sixth Street Gives Affirm a Big Boost

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Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

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Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

Photo by Roy Luck via CC BY 2.0

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

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How the Great Wealth Transfer is playing out for Billionaires

Photo illustration by Connor Lin / The Daily Upside, Photos by Jérémy Barande via CC BY-SA 2.0, David Shankbone via CC BY 3.0, Obama White House Archived, and U.S. Air Force / Trevor Cokley

The oldest among us are richer than ever, so are the richest. So what happens when the oldest and richest start passing their wealth along?

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Walmart-Backed Fintech Scores Big Funding Round

Photo by Walmart Corporate via CC BY 2.0

Besides being your one-stop-retail-shop for everything, Walmart would like to be your virtual banker, too.

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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’

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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