Finance

Banking

Bank Earnings Bonanza Offers Top-to-Bottom Review of US Economy

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

Five of the six largest US banks will report their second-quarter earnings tomorrow in Wall Street’s very own Super Tuesday.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Shaina Benhiyoun, Weston Hancock, Erica Denhoff, IMAGO/JOERAN STEINSIEK, and Kenya Sumiyoshi via Newscom

Media & Entertainment

Major League Soccer Snatches Victory From World Cup Despite US Team’s Loss

The US men’s national soccer team’s World Cup performance is likely to have significant impact on broadcasters and high-flying investors.

6 min read
Photo by SpaceX via Unsplash

Industrials

Bulls Dominate Wall Street’s Analysis of SpaceX

Opinions ranged from “bullish” to “extremely bullish” among the four big banks that led the SpaceX IPO, as each initiated coverage on Tuesday.

2 min read
Photo by Robb Miller via Unsplash

Banking

Wall Street Banks Weigh Buying Card Payment Network to Escape Fee Caps

The Electronic Payments Coalition has said issuers have lost tens of billions in revenue because of the interchange fee cap.

2 min read

Healthcare

Psychedelic Nation? Psilocybin Treatments Offer New Hope for People Prozac Hasn’t Helped

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

Psychedelic medications, backed by the White House, may alter the prognosis for people with treatment-resistant depression, but risks remain.

5 min read

Healthcare

Germany’s Merck Pumps Up Life Sciences Biz with $11.3B Bio-Techne Deal

Photo via Anthony Behar/Sipa USA/Newscom

Merck KGaA’s agreement to buy Bio-Techne for $11.3 billion strengthens its hold in life sciences, especially drug discovery and gene therapy.

2 min read

Markets

Investor FOMO, ETF ‘Feeding Frenzy’ Fuel SpaceX’s Skyrocketing Price

Photo via M10s/ZUMAPRESS/Newscom

The shares sold in last week’s IPO represented just 5% of its outstanding stock, leaving retail investors clawing for the limited float

2 min read

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