The Daily Upside

AI Sends Apple’s Share Price Soaring

Photo by Carles Rabada via Unsplash

Two days after Apple unveiled its wave of artificial intelligence systems, the tech giant witnessed a massive share price rally.

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IBM Patent Signals Big Tech’s Growing Focus on AI Wearables

Photo via U.S. Patent and Trademark Office

IBM’s latest patent wants to give you the right tool for the job.

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The G7 Wants to Get Involved with Semiconductors and Subsea Cables

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The Group of Seven countries are forming a group that will rejigger the semiconductor supply chain and lay out new subsea internet cables.

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Snap May Be Eyeing an AI Comeback

Photo via U.S. Patent and Trademark Office

Snap could use AI to create more engaging experiences and “significantly strengthen Snap’s standing as a legitimate content platform.”

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Will Cooling Inflation Spur a Fed Pivot?

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Inflation cooled in May. So why isn’t the Federal Reserve slashing interest rates yet like other wealthy countries have done?

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Warner Bros. Discovery Scores French Open Broadcast Rights

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After likely losing NBA rights, Warner Bros. Discovery scooped up the US broadcast rights to the French Open.

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Argentina Sets Itself Up as a Mecca for AI Deregulation

Photo by Presidency of Armenia via CC BY-SA 3.0

In an interview with the Financial Times, an Argentinian presidential advisor said the country wants to welcome AI companies with open arms.

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Small Businesses Feel the Pinch of Higher-for-Longer Interest Rates

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

As the prospect of higher-for-longer continues to sink in, small businesses are beginning to feel the pinch, per Bloomberg.

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Midday Market Brief: Wait and See

Photo illustration by Connor Lin / The Daily Upside

Stocks are mostly stuck in neutral as investors await two key pieces of data on Wednesday.

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Moderna Pins Hopes on Combined Flu and Covid Jab

Photo by Baltimore County Government via Public Domain Mark 1.0

A recent trial showed its new 2-for-1 injection was more effective on both illnesses than existing individual shots.

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Europe’s Disruptive Election Rocked the Region’s Markets

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Europe’s various far-right parties increased their control of the EU’s parliament to 25% from the roughly 20% since elections in 2019.

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Elliott Wants to Shake Up Southwest After Building $2 Billion Stake

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Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.

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Midday Market Brief: Eurovision

Photo illustration by Connor Lin / The Daily Upside

Far-right gains in the European Parliament elections put investors globally in a tentative mood, though the dollar got a big boost.

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Apple’s AI Waiting Game May Finally Be Over

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Apple’s been biding its time on AI. Don’t count it out of the race.

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Volvo Looks to Skirt Chinese EV Tariffs by Moving Production to Belgium

Photo credit: Steve Jurvetson/Flickr

The EU has a 10% tariff on EVs imported from China, but it could soon increase to 25% or 30%.

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Where Have All the Short Sellers Gone?

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Since 2008, funds with a short bias have seen assets decrease to $4.6 billion from around $7.8 billion.

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OpenAI is Growing a Stable of Allies

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Adding as many corporate friends as possible is probably helpful in the face of mounting regulator unease.

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The Natural Diamond Industry is Cracking Up

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

The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?

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Financial Advisors Are On the Fence About Bitcoin ETFs

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

As cryptocurrency flirts with record highs, the new ETF products may help advisors gain exposure to a highly volatile asset class.

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FDA Reverses its Ban on Juul

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The regulator had banned the company’s e-cigarettes in 2022, but they stayed on store shelves while an appeal process played out.

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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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