The Daily Upside

Inside State Street and Apollo’s Private Market ETF

Photo by JHVEPhoto via iStock

The asset managers are hoping to offer the first private asset ETF and open up alternative investments to the masses.

Loading…
LPL Financial Terminates CEO Dan Arnold Over Alleged Misconduct

Photo by JHVEPhoto via iStock

The $17 billion financial firm fired chief executive Dan Arnold for allegedly violating the company’s code of conduct.

Loading…
Sen. Warren Blasts Advice Industry Over ‘Kickbacks’

Photo by Gage Skidmore via CC BY-SA 2.0

Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.

Loading…
Toyota Invests $500 Million in Air Taxi Startup

Photo via Joby Aviation Photo

Toyota is investing $500 million into Joby Aviation, a California-based startup that wants to make flying taxis.

Loading…

OpenAI Closes Its Latest Funding Round with One Major Request

Photo by TechCrunch via CC BY 2.0

As OpenAI wraps its latest funding round — a $6.6 billion raise at a $157 billion valuation — it’s asking financial backers for exclusivity.

Loading…
JPMorgan to Open Nearly 100 Chase Branches in Low-Income Neighborhoods

Photo by Vxla via CC BY 2.0

JPMorgan Chase announced it will open nearly 100 brick-and-mortar locations in low-income inner-city and small-town American communities.

Loading…
Mastercard Buys Startup That Will Help You Manage Pesky Subscriptions

Photo via Connor Lin / The Daily Upside

Mastercard is acquiring Minna Technologies, which specializes in letting bank and card customers manage (and cancel) subscription services.

Loading…
PepsiCo Adds Tortilla Chip Aficionado to Its Portfolio

Photo by Ja San Miguel via Unsplash

PepsiCo announced on Tuesday that it has agreed to buy Siete Foods for $1.2 billion, another food M&A deal this year.

Loading…

Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

Photo by Daniel Shapiro via Unsplash

Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

Loading…
Vanguard Sets Sights on Active Fixed Income

Photo via Connor Lin / The Daily Upside

Vanguard CEO Salim Ramji sees massive opportunities in active fixed income, and said it will play a larger role in retirement saving.

Loading…
Creative Planning Sells Minority Stake to TPG

Photo via Connor Lin / The Daily Upside

TPG acquired a minority stake in one of America’s largest independent wealth managers, which could put the advisor’s valuation at $15 billion.

Loading…
New ETF Taps Record Interest in Money Market Funds

Photo by JHVEPhoto via iStock

Texas Capital’s MMKT will look to capture inflows into the $6.4 trillion money market industry.

Loading…

Epic Games Keeps Google’s Feet to the Fire

Photo by AppsHunter via Unsplash

Epic Games filed a lawsuit against Google and Samsung, pulling the South Korean electronics giant into its long-running beef with Google.

Loading…
Murdoch’s REA Group Abandons Takeover Bid for Rightmove

Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

Loading…
The Biggest Risk to a Soft Landing Might Just Be Jerome Powell

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

Nearly 40% of 32 economists cited a “monetary policy mistake” as the “greatest downside risk to the U.S. economy over the next 12 months.”

Loading…
Honda Wireless EV Charging Patent Highlights ‘Range Anxiety’ as Adoption Barrier

Photo via U.S. Patent and Trademark Office

Charging infrastructure remains one of the biggest hurdles for widespread EV adoption.

Loading…
Zoom Engagement Analysis Patent Could Walk Privacy Line

Photo via U.S. Patent and Trademark Office

Zoom’s recent patent wants to make sure you’re participating in sales calls.

Loading…
Microsoft Wants to Solve Inaccuracy, Hallucination in AI Models

Photo via U.S. Patent and Trademark Office

hallucination in AI is a pervasive, core issue that might not be easily solvable.

Loading…
Is Amazon Finally Breaking into the News Industry?

Photo via Connor Lin / The Daily Upside

The e-commerce and media titan is in talks with veteran TV news anchor Brian Williams to host an election night special, Variety reported.

Loading…
Controversial CEO of Bankrupt Steward Health Care to Resign

(Photo by Impuls Q on Unsplash)

Dallas-based Steward Health Care is may just well be the poster child for private equity investment in healthcare gone wrong.

Loading…

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

Loading…
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.

Loading…
China’s Revolutionary DeepSeek Turns to American Hardware for Upgrade

Photo by Solen Feyissa via Unsplash

Loading…