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.

Indicators

Mixed Message to Fed: Layoffs, Job Openings Increase Simultaneously

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

The number of available positions climbed to 7.67 million in October, according to the JOLTS report, good for the highest mark in five months.

2 min read
Media & Entertainment

Paramount Refuses to Take ‘No’ for an Answer on Warner Bros. Takeover Bid

Photo via Ted Soqui/Sipa USA/Newscom

The straight-to-shareholders pitch rests in part on the argument that a Paramount takeover is more appealing to regulators.

2 min read
Consumer

Denim Merchants Fight Three-Way Battle for Blue Jean Bonanza

Photo via Richard B. Levine/LevineRoberts/Newscom

Levi’s, Gap, and American Eagle are spending huge sums on advertising to sell their jeans amid a new denim boom.

1 min read
Artificial Intelligence

When AI Hallucinations Amount to Defamation, Who’s Liable?

Photo illustration by Connor Lin / The Daily Upside, Photo by Nastco via iStock

A handful of high-profile defamation-by-AI-chatbot allegations against big tech firms are already stacking up.

5 min read
Media & Entertainment

Netflix Is Buying Warner Bros. So Who Changes Whom?

Photo via Thomas Imo/picture alliance / photothek.de/Newscom

A potential tie-up would come at an interesting crossroads for the theatrical industry and its longtime nemesis, Netflix.

2 min read
Consumer

Believe: Macy’s Posts Best Growth In Three Years as ‘Reimagine’ Strategy Pays Off

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For now at least, it looks like the storied retail company’s turnaround effort is taking hold as well as paying off.

2 min read
Industrials

Boeing Charts Flight to Positive Cash Flow as Archrival Airbus Hits Turbulence

Photo via M. Scott Brauer/ZUMAPRESS/Newscom

The rosy projections sent Boeing shares up more than 10% on Tuesday, rubbing salt in the wounds of its archrival Airbus.

2 min read
Inflation & Prices

Holiday Spending Hits New Highs, Sort Of

Photo via Richard B. Levine/Newscom

Holiday spending after Thanksgiving hit a record high, although notably only if you crunch the numbers a certain way.

2 min read
Consumer

What’s the Beef? For American Grocery Shoppers, It’s Meat Prices

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US shoppers are now paying an average price of $6.60 per pound of ground beef, according to the US Bureau of Labor Statistics.

1 min read
Big Tech

Can Google Conquer Its Nvidia Dependency?

Photo via Sipa USA/Newscom

Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.

2 min read
Hedge Funds

Hedge Funds Start to Hedge Their AI Bets

Photo via JOHN ANGELILLO/UPI/Newscom

Wall Street’s smart money is starting to take out some short positions on the AI trade, albeit mostly around the industry’s fringes.

2 min read
Big Tech

Meta’s Antitrust Win May Be a Coup for Big Tech

Photo via Will Oliver – Pool via CNP/picture alliance / Consolidated News Photos/Newscom

2 min read
Real Estate

Sun Belt Housing Market too Hot to Touch for First-Time Buyers

Photo via imageBROKER/Hans Blossey/Newscom

Aided by falling mortgage rates and a relative glut of supply, home buyers are starting to see the market tip in their favor in the Midwest.

2 min read
Semiconductors

With AI Bases Loaded, Nvidia Bats a Quarterly Earnings Home Run

Photo via Yonhap News/YNA/Newscom

Nvidia faced “the tough task of meeting high earnings expectations and high skepticism around AI capex,” per analysts at Bank of America.

2 min read
Media & Entertainment

Callaway Unwinds Sub-Par Acquisition of Topgolf

Photo via Dirk Shadd/ZUMA Press/Newscom

The deal values Topgolf at $1.1 billion, roughly half of what Callaway paid for the entertainment brand in 2020.

2 min read
Healthcare

Johnson & Johnson Buys Prostate Cancer Treatment-Maker Halda for $3.1 Billion

Photo by SiyueSteuber via iStock

J&J this year lost its patent exclusivity for Stelara, its longtime top-selling drug that treats psoriasis and inflammatory bowel disease.

2 min read
Artificial Intelligence

Trillion-Dollar Questions Bubble to the Top for OpenAI

Photo via Florian Gaertner/picture alliance / BMF/photothek.de/Newscom

Sam Altman has begun floating the idea that the company could hit $100 billion in revenue by 2027, ahead of previous projections.

2 min read
Economics

A December Rate Cut? Economists Still Expect One. Markets, Not so Much

Photo via Kyodonews/ZUMAPRESS/Newscom

Just weeks ago viewed as all but certain, markets now figure the odds of an interest rate cut in December is no different than a coin flip.

2 min read
Markets

Russell 2000’s Good Fortune May Prove to Be a Bad Omen

Photo via JOHN ANGELILLO/UPI/Newscom

Through the last 100 days, the Russell 2000 has bested the rival S&P SmallCap 600 by 9%, good for the widest gap since 2010.

1 min read
Economics

Can the Fed Get Missing Economic Data in Time for Rate-Cut Decision?

Photo via BONNIE CASH/UPI/Newscom

While a stop-gap funding deal is in place, the government still has some work to do to fill in its backlog of missing economic data.

2 min read

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