The Daily Upside

Did Streaming Kill the Music Industry?

Photo illustration by Connor Lin / The Daily Upside, Photo by Macrovector via Freepik

Music streaming services that offer more or less all the recorded music in history. So how is the industry supposed to grow?

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Peloton Poaches Ford Exec Who Co-Founded Apple Fitness+ for Top Job

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Peloton announced that it has appointed Peter Stern as CEO and president to pedal the company out of its prolonged post-pandemic slump.

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Uber’s Investors Are Still Growth-Hungry

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Uber’s stock drove off a ditch, sinking 9% on Thursday after the ride-hailing giant published its third-quarter earnings report.

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Comcast Might Spin Off Its Cable Business

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Comcast’s president floated the idea that the telecom giant and NBCUniversal parent company might spin off its portfolio of cable channels.

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Google Patent Could Overcome Quantum Cooling Barriers

Photo via U.S. Patent and Trademark Office

Google could help cool down quantum computers while they work with classical ones.

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OpenAI Patent Could Improve Voice AI Models’ Focus

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OpenAI wants to work on its active listening skills.

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Intel ‘Cobots’ Patent Highlights Growing AI Robotics Market

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Intel wants to make AI robots more collaborative and scalable. But it faces steep competition.

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Next SEC Chair? Bets Are on Peirce, Cuban, Or ‘CryptoDad’

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Securities and Exchange Commission Chairman Gary Gensler is likely to resign from his position at the agency before his term is up.

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Neuberger Berman Buys Stake in Mariner in Latest RIA Deal

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The deal is the latest example of major investments into the RIA space, with much of the funding coming from private equity.

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Just 22% of Advisors Charge for Financial Planning

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Advisors that offer comprehensive services can also manage four times more in assets than their peers, according Cerulli Associates.

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The Spookiest Day of the Year Saved Its Biggest Scare for the Chocolate Biz

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The cost of manufacturing chocolate and confectionery from cocoa has risen a terrifying 45% this year, according to the producer price index.

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Pharmapalooza: Earnings Highlight Highs and Lows of Cutthroat Sector

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It’s just another earnings week in the life of pharmaceutical CEOs, with blockbuster expectations running up against cruel reality.

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BYD Just Took the Lead in Its Race Against Tesla

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Chinese electric vehicle giant BYD announced revenue of just over $28 billion in the three months ending September.

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Royal Caribbean Has a Secret Getaway That Leads to Profit

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Royal Caribbean raised its annual profit forecast for the fourth time this year. Driving the optimism is a private island in the Bahamas.

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Luckin Coffee is Coming to Starbucks’ Home Turf

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China’s biggest coffee chain, Luckin Coffee, is eyeing an American expansion that could undercut the market for $10 chai lattes.

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Saudi Arabia’s Sovereign Wealth Fund is Homeward Bound

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Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.

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Do Elections Matter to Markets?

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Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.

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Citi Targets Active ETFs in Europe

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Through its white label platform, the bank hopes to be a dominant force in Europe’s growing active ETF market.

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How Advisors Can Help Turn 529s Into Roth IRAs

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A new law under the Secure 2.0 Act will allow unused savings from 529 education investment funds to be transferred to a Roth IRA tax-free.

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Who’s at Fault in the CrowdStrike-Delta Summer Meltdown?

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Delta Airlines is suing CrowdStrike, which was behind the glitchy software update that sparked a global outage of critical flight systems.

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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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