Brian Boyle

brian@thedailyupside.com

Brian Boyle (he/him) is Lead Reporter at The Daily Upside. His writing has previously appeared in outlets such as Vice, Slate, and The Los Angeles Times, where he was a contributing writer on the opinion section. He lives in Los Angeles.

Semiconductors

Micron Joins $1 Trillion Market Cap Club

Photo via Alex Milan Tracy/Sipa USA/Newscom

High-bandwidth memory now accounts for roughly two-thirds of the total AI chip component cost, up from about 50% in early 2024.

2 min read
Energy

Exxon Pours Billions into Meeting Rebound in Carbon Capture Demand

Photo via imageBROKER/john wreford/Newscom

Exxon is spending big to connect customers to its 900-mile-wide network of underground carbon transfer pipelines, one executive told the FT.

2 min read
Artificial Intelligence

Pre-IPO, Anthropic Shows Up OpenAI with Surprise Profit Projection

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Anthropic recently told investors it solved the seemingly equally-intractable arithmetic problem of running an AI company that makes money.

2 min read
Semiconductors

China Market Fallout Overshadows Nvidia’s Blockbuster Sales Growth

Photo via Tian Yuhao/China News Service/VCG/Newscom

In a call with analysts Wednesday, CFO Colette Kress confirmed that the company generated zero revenue from H200 sales to China.

1 min read
Big Tech

Blackstone Invests $5 Billion in New Neocloud Partnership with Google

Photo via WLADIMIR BULGAR/SCIENCE PHOTO LIBRARY/Newscom

Blackstone, already the world’s largest private owner of data centers, will provide an initial $5 billion investment.

1 min read
Consumer

Retail Earnings Likely to Spotlight Inflation’s Bruising Grip on Low-Income Consumers

Photo via Michele Eve Sandberg/Sipa USA/Newscom

The reading on the University of Michigan’s consumer sentiment survey has recently plummeted to near all-time lows.

2 min read
Autos

Building Batteries for Data Centers Re-Energizes Ford Stock

Photo via Jim West/UCG/Universal Images Group/Newscom

In a note to clients on Tuesday Morgan Stanley analysts flagged Ford Energy as having the potential to be a $10 billion business.

2 min read
Consumer

Amazon, Walmart Wage Ultra-Fast Delivery War

Photo via Mark Hertzberg/ZUMAPRESS/Newscom

Both companies moved to expand their 30-minute-or-less ultra-fast delivery services across various US cities this past week.

1 min read
Semiconductors

Citrini Finds Upside for AI Power Player Wolfspeed

Photo via Harald Tittel/dpa/picture-alliance/Newscom

In its Q3 earnings call earlier this month, Wolfspeed reported a net loss of roughly $120 million on revenue of around $150 million.

2 min read
Industrials

Is Boeing’s Massive China Order Finally Close to Landing?

Photo via imageBROKER/Arnulf Hettrich/Newscom

Boeing also said Tuesday that it it booked 136 orders and completed a lower-than-expected 47 deliveries in April.

2 min read
Real Estate

Seemingly Nothing Can Jumpstart The Housing Market

Photo via Wu Xiaoling / Xinhua News Agency/Newscom

Existing home sales inched up a lower-than-expected 0.2% in April, according to data released Monday by the National Association of Realtors.

2 min read
Enterprise AI

Corning Hits Record High After Signing Up AI Clients

Photo via Fan Peishen / Xinhua News Agency/Newscom

Corning, the company that invented Pyrex, is commanding Wall Street’s attention as a supplier of fiber optics for AI.

1 min read
Economics

Can Bitcoin Fix the US Housing Market? Fannie Mae Is Finding Out

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

Fannie Mae is buying mortgages backed by cryptocurrency holdings. Is it the start of a housing renaissance or a new market crisis?

5 min read
Energy

Shell Pumps Out Banner Profits Despite Iran War’s Seismic Upheaval

Photo via Ian L. Sitren/ZUMAPRESS/Newscom

The boom was thanks in large part to the rapid price swings, which sparked huge demand from big buyers such as airlines and utilities players.

2 min read
Media & Entertainment

Wall Street Fetes D’Amaro Like a Disney Prince as Earnings Beat Buoys Stock Price

Photo via Joe Burbank/TNS/Newscom

Revenue in the Entertainment division climbed 10% to $11.7 billion, with its streaming unit reporting an 88% leap in operating income.This was Josh D’Amaro’s first earnings report as CEO, and the market treated it as a coronation.Disney shares…

1 min read
Consumer

Non-Alcoholic Beer Buoys Spirits for AB InBev Investors

Photo via Steve Heap

Shares of the beermaker soared after it reported modest sales growth in its most recent quarter on Tuesday driven by its NA beer labels.

1 min read
Artificial Intelligence

Anthropic, OpenAI Team with Private Equity to Rev Up AI Adoption

Photo via Vincent Isore/ZUMAPRESS/Newscom

OpenAI’s joint venture with private equity giants will turn some 2,000 portfolio companies into potential AI adopters.

2 min read
Technology

SoftBank Maps Out $100 Billion Robotics Spinoff

Photo via Pete Speller/Avalon

Softbank is planning to bundle a bouquet of existing bets together into a new venture at the intersection of AI and robotics.

2 min read
Finance

Berkshire’s Annual Meeting Shines Spotlight on Buffett Successor Greg Abel

Photo via John Angelillo/UPI/Newscom

Class B shares of the company have lagged the S&P 500 by 37 percentage points in the past 12 months, the worst such stretch since 2000.

2 min read
Industrials

General Dynamics Fights Through Wartime Slump

Photo via Polaris/Newscom

Shares soared 8% on an earnings beat Wednesday, erasing much of the losses the company has suffered since the start of the war in Iran.

2 min read

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