The Daily Upside

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

New Investors Display Higher Risk Tolerance, Greater Confidence: Fidelity

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2 min read
When is it Time to Say Goodbye to Clients?

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2 min read
Why Some RIAs Want Bigger Slices of the ETF Pie than Others

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2 min read

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ETF Upside

ETFs Lag Mutual Funds in Advisors’ Income Allocations

Cash is king, but income-generating mutual funds and ETFs are increasingly being used for clients, Nasdaq found.

1 min read
Photo via Nvidia

Semiconductors

Nvidia Markets New ‘Robot Brain,’ Yours for Just $3,499

In May, revenue at Nvidia’s automotive and robotics businesses, which are reported together, posted $567 million in sales.

2 min read
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Consumer

Keurig Dr Pepper Adds Peet’s Coffee to Soon-to-Fracture Beverage Empire

After the Peet’s acquisition, Keurig Dr Pepper says it will split into two companies: one focused on coffee and the other on soft drinks.

2 min read

Blockchain

Ethereum Battles Bitcoin for Wall Street Whales

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Both of the two biggest cryptos surged on Friday after Federal Reserve Chair Jerome Powell hinted at a September rate cut.

2 min read

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Technology

Samsung Chips Away Bigger Share of US Smartphone Market

Samsung’s growth come directly at the expense of Apple, which now holds less than half of US market share.

2 min read
Photo via Gent Shkullaku/ZUMAPRESS/Newscom

Finance

CFPB Rewrites Open Banking Rule as Banks Feud with Fintechs Over Your Data

The “open banking” rule goes back to the 2010 Dodd-Frank Act that introduced sweeping financial reforms after the Great Recession.

2 min read
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Real Estate

Can the Big Apple’s Office-Tower Revival Turn into a Trendsetter?

While the pain to building owners has been deep and long-lasting, the predictions of Office Armageddon are proving somewhat premature.

2 min read
Cathie Wood, CEO of ARK Invest. Photo via Hugo Amaral / SOPA Images/Sipa U/Newscom

ETF Upside

ARK’s Recent Highs Led to Massive Outflows. Are Institutional Investors to Blame?

The company’s massive asset moves may, in part, reflect institutional investors’ entry into the industry, particularly crypto.

2 min read
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Consumer

Can Labubu Mania Last Forever?

The past is filled with trending toys and collectibles — Tamagotchis, Troll dolls, beanie babies. Are Labubu’s the latest fad?

6 min read
Margaret Ryan. Photo via Harvard Law School.

ETF Upside

Former Military Court Judge to Lead SEC Enforcement

Meg Ryan, a lecturer at Harvard with a background in military law, will take over next month as director of the SEC Division of Enforcement.

2 min read

Indicators

Manufacturing Boom May Signal Higher Prices for Wary Shoppers

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An index of sales prices rose at its fastest pace in three years as tariffs wound their way into the supply chain.

2 min read

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Real Estate

‘Near-Zero’ Price Growth Boosts Homebuyers’ Prospects

Prices for existing homes in the US inched up just 0.2% in July, according to a National Association of Realtors report published Thursday.

2 min read
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Autos

Hertz Chooses New Route for Fleet Management With Amazon Autos Hookup

Shares in rival used car retailers went into reverse gear following the announcement of Hertz’s Amazon partnership.

2 min read
Photo via Eduardo Barraza/ZUMAPRESS/Newscom

Consumer

Target Struggles as Wary Shoppers Prioritize Cost-Cutting

Wednesday’s earnings call also brought news that longtime target chief executive officer Brian Cornell is leaving his post.

2 min read

CIO Upside

Empowering CIOs to drive innovation.

Photo via U.S. Patent and Trademark Office

IBM Patent May Help Clean Data Pipelines
Photo via Thomas Fuller

Why Zoho Built its Own Proprietary Language Model
Photo via Jefferson Santos

How Bug Bounty Programs Can Help Combat Ransomware Attacks
Photo via U.S. Patent and Trademark Office

Microsoft Patent Could Enable Enterprises to DIY AI Models

CIO Upside

‘SaaS Sprawl’ Heightens Data Security Risks for Enterprises

Photo via Md Mamun Miah/Newscom

A glut of software, combined with a weak security culture, may be leaving your proprietary data more vulnerable than you realize.

2 min read

Photo via imageBROKER/Mojahid Mottakin/Newscom

Artificial Intelligence

Tech Stocks Slide as AI Reality Lags Behind Hype

Part of the investor pullback comes after an MIT report that checked in on the billions that companies have spent on generative AI.

2 min read
Photo via imageBROKER/rafapress/Newscom

Advisor Upside

Yieldstreet Losses Highlights the Potential Dangers of Private Investments

After several funds from the startup Yieldstreet resulted in total losses, experts questioned the role of private investments in client portfolios.

2 min read
Photo by Oxana Melis via Unsplash

Consumer

Home Depot Predicts Pent-Up Home Improvement Demand

CFO Richard McPhail said that do-it-yourself customers have been pushing forward with smaller home improvement projects.

2 min read

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