Sean Craig

sean.craig@thedailyupside.com

Sean Craig is a reporter at The Daily Upside. Based in Berlin, he was previously a reporter at the Financial Post and has contributed to Pitchfork, The Daily Beast, BuzzFeed News, Vice, and the National Observer.

Finance

BofA Survey Shows a Record Rotation Out of US Stocks

Photo by TabTrader via Pexels

2 min read
Indicators

Wall Street’s Favorite ‘Fear Gauge’ Grows Calmer After Hectic Week

Photo by Tima Miroshnichenko via Pexels

Known as Wall Street’s “fear gauge,” the VIX has suggested in recent weeks that investors are spooked, for obvious reasons.

2 min read
Industrials

Trump Tariffs Poised to Hinder Liftoff of Boeing’s Turnaround Effort

Photo by Izyan Sultanali via Unsplash

The embattled aviation giant announced last week that it had sustained its best production levels in two years.

2 min read
Semiconductors

Can Anyone Crack ASML’s Grip on the Lithography Market?

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

ASML is crucial to the most important commercial and strategic tech products on the market, from Apple iPhones to Nvidia’s AI accelerators.

5 min read
Geopolitics

Asset Managers Could Provide a Second Windfall for European Defense Firms

Photo by Fric Matej via CC BY-SA 4.0

The EU last week announced plans to boost its defense spending, and defense stocks have been on the march ever since.

2 min read
International Economics

Rollercoaster Day in US-Canada Trade War Leaves Markets on the Doorstep of Correction

Photo by Thomas K via Pexels

After tit-for-tat threats triggered an S&P 500 selloff, cooler heads prevailed in the brewing US-Canada trade war.

2 min read
Autos

Nvidia and Softbank-Backed Self-Driving Startup Races Toward Market

Photo via Wayve

What makes Wayve stand out is that its autonomous vehicle software is designed to learn to drive while driving, sort of like humans do.

2 min read
Electric Vehicles

Farewell (For Now, At Least) to Tesla’s $700 Billion Trump Bump

Photo by Bram Van Oost via Unsplash

Tesla’s stock closed down for a record seventh consecutive week on Friday, and has nearly erased a $700 billion post-election rally.

2 min read
Markets

Markets Are Finally, For Real, Pricing in An Economic War

Photo by Tötös Ádám via Unsplash

On Tuesday, President Donald Trump slapped import duties on Canada and Mexico, kicking off a full-fledged economic war.

2 min read
Healthcare

Coming Soon to an Internet Near You: Half-Price, Direct-to-Consumer Wegovy

Photo via Novo Nordisk

Novo Nordisk will sell its blockbuster weight-loss drug Wegovy for under half its normal price via a new direct-to-consumer online pharmacy.

2 min read
Industrials

BlackRock Leads $23 Billion Deal for Panama Canal Ports

Photo by Dan Lundberg via CC BY-SA 2.0

The titanic port deal immediately made political waves, even as the seller, conglomerate CK Hutchison, denied politics were at play.

2 min read
Economics

Happy Tariff Tuesday?

Photo by Paul Harrison via CC BY-SA 4.0

The latest data suggests markets and manufacturers aren’t taking Trump’s tariffs on Mexico, Canada, and China all that well.

2 min read
Technology

World’s Biggest Scam Hub Takes a Pummeling

Photo by Mikhail Nilov via Pexels

The Golden Triangle region has become arguably the greatest hub for online scams in the world, costing Americans billions per year.

2 min read
Regulation

CFPB Withdraws Cases Against Companies Accused of Cheating Millions of Americans

Photo by Ajay Suresh via CC BY 2.0

Thursday could go down as the day that defined the next four years of corporate oversight, or lack thereof.

2 min read
Geopolitics

Ukraine and US Hatch a Mineral Deal with a Rare Problem

Photo by Presidential Communications Office via Public Domain Mark 1.0

The pact will also grant the US access to the country’s deposits of the 17 so-called rare earth elements, if the even exist at all.

2 min read
Finance

As Nvidia Reports Earnings, Magnificent Seven Investors Rethink Their Bets

Photo via Nvidia Media Assets

Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.

2 min read
Banking

JPMorgan Expands Its Bet on Private Equity to the Tune of $50 Billion

Photo by Gideon Benari via CC BY 2.0

Moody’s analysts predict, as of last week, that the private credit market will double to $3 trillion by 2028.

2 min read
International Economics

German Conservatives Poised to Lead Europe’s Largest Economy

Photo by Maheshkumar Painam via Unsplash

Germany’s blue chip DAX has hit new highs all month and is up 11% on the year, besting the S&P 500’s 2.5%.

2 min read
Consumer

Guidance Overshadows Growth as Walmart Shares Go Tumbling

Photo by Erik Mclean via Pexels

Walmart said Thursday that it made a record $681 billion in sales, and yet its shares had their worst day in three years, tumbling 6.5%.

2 min read
International Economics

Would a Mended US-Russia Relationship Benefit America All That Much?

Photo by kremlin.ru via CC BY 4.0

The resolution of the nearly three-year Ukraine-Russian War will undoubtedly provide a peace dividend of some sort. But just how big?

2 min read

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