The Daily Upside

Norway Dampens its Deep Sea Mining Ambitions

Photo by Arild Lilleboe via iStock

The move comes as a result of domestic political pressure from Norway’s left-wing party, and marks a major change in tone for the country.

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Intel’s CEO Resigns After Failed Turnaround Effort

Photo by Slejven Djurakovic via Unsplash

If the artificial intelligence revolution has ushered in a boomtime for chipmakers, no one seems to have told Intel.

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Amazon Tries to Help Alexa Get Personal

Photo via U.S. Patent and Trademark Office

Today, a patent application for making Amazon’s voice assistants more personal highlights the race – and roadblocks – to creation of an AI-powered Alexa.

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Google Wants to Keep Data Centers Cool Amid AI Cloud Boom

Photo via U.S. Patent and Trademark Office

Finding ways to efficiently keep server farms cool benefits more than just Google’s cloud services business.

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Microsoft’s Cybersecurity Strength Could Boost AI Bet

Photo via U.S. Patent and Trademark Office

Cybersecurity is a substantial part of Microsoft’s business — and a growing one.

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Elon Musk’s X Just Got More Valuable, Fidelity Says

Photo by UK Government via CC BY 2.0

Ignore the high-profile exodus of users to BlueSky and Meta’s Threads. Elon Musk’s X, née Twitter, might be doing just fine.

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The Eras Tour Draws to a Close this Week

Photo by Paolo V via CC BY 2.0

This weekend will mark the final shows of the pop star’s globetrotting Eras tour, which has lasted a marathon 21 months.

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Black Friday Awash With Green As Markets Finish Their Best Month of 2024

Photo by Mike Mozart via CC BY 2.0

Despite fears of skittishness, US consumers poured a record amount of cash into online retail on Black Friday.

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AI Won’t Replace Advisors. But It Will Transform the Industry.

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

AI won’t treat us to a round of golf to discuss investment strategies. But the technology is already a game changer for financial advisors

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PC Market’s Recovery Dreams Interrupted By HP, Dell Sales Nightmare

Photo by Dell via Unsplash

Byte-sized sales results from Hewlett Packard (HP) and Dell dented hopes of a rebound in the sluggish PC market.

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Reddit’s Expansion Hinges on AI Translation and Sprinkling in some Google Magic

Photo via Connor Lin / The Daily Upside

Reddit, the world’s newest publicly-traded social media company, intends to chase growth by breaking into new markets.

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The Fed’s Preferred Inflation Gauge Just Ticked Back Up

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The last mile is always the hardest. For the Federal Reserve, the last mile in its race to tame inflation just got even harder.

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US Airlines Pull in Billions a Year in ‘Junk Fees’, Senate Report Says

Photo by Terrence Bowen via Pexels

Tuesday’s Senate report is a sort of parting shot to the airline industry from the outgoing Biden Administration.

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Wells Fargo’s Costly Asset Cap Likely to Be Lifted in 2025

Photo by Tareq Ismail via Unsplash

America’s fourth largest bank has been barred by US regulators from adding assets to its balance sheet since 2018.

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Trump Vows Tariffs on Canada, Mexico, and China

Photo by Christian Harb via Unsplash

Trump promised in a Truth post to levy via 25% tariffs “on ALL products coming into the United States” from Mexico and Canada.

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The Bounds of Trump’s Friendship with Elon Musk

Photo illustration by Connor Lin / The Daily Upside, Photos by Shealah Craighead and Justin Pacheco via Public Domain, Retouchman via iStock

Donald Trump has forged an alliance with Elon Musk, but history shows the two have trouble working together. And then there’s China…

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Schwab’s Incoming CEO Wurster on ‘Big Shoes’ and Positive Vibes

Photo via Charles Schwab

Rick Wurster has been with Schwab since 2016 and is set to take the helm of the almost $10 trillion discount brokerage in January.

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CI Financial to be Taken Private in Deal with Mubadala Capital

Photo via Connor Lin / The Daily Upside

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

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How ETFs Can Help When Rates Are Going Up or Down

Photo by Photo by Tima Miroshnichenko via Pexels

Advisors know exchange-traded funds as a way to invest in broad market indexes, but they are great for bond management, too.

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Macy’s Says Accounting Worker Hid $154 Million in Expenses

Photo by Phillip Pessar via CC BY 2.0

Macy’s shocked markets Monday when it discovered a single worker hid up to $154 million in delivery expenses over the last three years.

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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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