The Daily Upside

Silicon Valley Gears Up for Crucial Earnings Week

Photo by Anthony Quintano via CC BY 2.0

Apple, Amazon, Microsoft and Meta all report earnings this week. Wall Street is dying for any hint that heavy investment in AI is paying off.

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The Vanguard Patent Shaking Up the Fund Industry

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

Nearly 50 years ago, Vanguard disrupted the investing world by launching the first index fund for individual investors. Now comes the sequel.

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Online Education Provider 2U Files for Bankruptcy

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Pioneering online education company 2U filed for bankruptcy, even as the public writ large has gradually embraced online learning.

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Paris Olympics Begin With Economic Promise and Peril

Photo by Anne Jea via CC BY-SA 4.0

Hosting the Olympic games is supposed to be an economic boon for any city. Early metrics, however, show Paris might not be so lucky.

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Universal Music Feels the Sting from Streaming Saturation

Photo by Paolo V via CC BY 2.0

Taylor Swift may be signed to the label, but Universal Music Group somehow can’t find a way to make its business work.

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Going Under the Hood of Buffer ETFs

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

Buffer ETFs have quickly gained momentum with 200 funds currently trading on US markets with about $37 billion in aggregate assets.

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Philips’ AI Ultrasound Patent Could Help Solve Healthcare Data Problem

Photo via U.S. Patent and Trademark Office

A patent for generative neural network-based ultrasounds from medical device firm Philips could provide more data to develop AI innovations throughout healthcare.

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Salesforce’s Model Tester Adds to Firm’s DIY AI Toolkit

Photo via U.S. Patent and Trademark Office

Salesforce wants chatbots to expect the unexpected with the latest patent for it’s DIY AI toolkit.

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Neuralink Pairing Patent Protects Against Brain Cyber Attacks

Photo via U.S. Patent and Trademark Office

Neuralink wants to protect implants from interference.

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CrowdStrike Explains Just What the Heck Happened

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CrowdStrike offered a candid assessment of what led to the largest outage of the computer age, affecting 8.5 million computers.

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RSV Vaccines Lose Some Shine for Big Pharma

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Pfizer, Moderna, and GlaxoSmithKline are developing vaccines for RSV to fill the gap on their balance sheets.

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US Economy Trending Toward ‘Goldilocks’ Scenario: S&P Global

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S&P Global’s US Composite Purchasing Managers’ Index shows business activity grew the fastest in over two years this month.

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RIA Deals Hit Sizable Peak in Q2

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The heightened RIA deal activity points to optimism for cheaper financing in the future as firms get ready for Federal Reserve rate cuts.

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Janney Montgomery Scott Sold in Major PE Deal

Photo via Connor Lin / The Daily Upside

Janney will be sold from the Penn Mutual Life Insurance Company, marking another major equity deal in a busy year for the industry.

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Ethereum ETFs Impress in Debut. Will Advisors Care?

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A recent survey found most clients aren’t interested in having conversations about crypto, which could cap the funds’ impact on the industry.

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GM Pulls the Plug on Driverless, Brake Pedal-less, Steering Wheel-less Robotaxi

Photo by Michael Vi via iStock

General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.

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Shell Backs Off Offshore Wind

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Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.

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Meta Turns to an Old Strategy to Boost New AI Business

Photo by Anthony Quintano via CC BY 2.0

Meta debuted the latest version of Llama, its large-language model. Unlike rival ChatGPT, Llama is open source.

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Airlines Have Finally Hit a Ceiling on Fares

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Ryanair said it had seen its profits take a 46% nosedive, and would have to offer “materially lower” airfares for the busy summer period.

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Even Apple is Getting Tired of the Streaming Industry Treadmill

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After years of spending big with little to show for it, Apple is attempting to rein in costs at Apple TV+.

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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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