Finance

Big Tech

Apple Card Plays ‘Spin the Bottle’ With Finance Giants

Photo by Avery Evans via Unsplash

Visa has offered $100 million replace Mastercard as the network of choice for Apple’s credit card, according to The Wall Street Journal.

2 min read

Photo by Amina Atar via Unsplash

Advisor Upside

RIAS are Worth More Than Ever

Sellers are now able to get an even prettier penny when they offload their firms than just a year ago.

1 min read
Photo by Jingming Pan via Unsplash

Markets

Markets Eat Their Carats As Gold Touches New Record High

In times of economic uncertainty — such as high inflation or fears of a recession — some investors follow a literal golden rule: buy it.

2 min read
Photo via Rocket Mortgage

Real Estate

Rocket Mortgage Acquires Mr. Cooper to Create an Industry Giant

Combined, Rocket and Mr. Cooper will service a $2.1 trillion loan book across 10 million clients, accounting for one in six US mortgages.

2 min read

Advisor Upside

What LPL’s Massive $2.7B Commonwealth Deal Means for Advisors

Photo via LPL Financial

The deal will fuel industry consolidation and add roughly 2,900 independent advisors managing some $285 billion in assets to LPL’s ranks.

2 min read

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

Finance

Fund Shops Are Pouncing on Vanguard’s ETF-Mutual Fund Structure

There are 53 fund shops asking permission from the SEC to tack on classes of mutual fund or ETF shares using a multi-share class structure.

5 min read
Photo by Morgane Perraud via Unsplash

Consumer

Brazil’s ‘Egg King’ Buys Hillandale Farms

The $1.1 billion acquisition comes just as egg prices are ever so slightly starting to trend down in the US.

2 min read
Photo by Ryan Brooklyn via Unsplash

Banking

Wall Street Scored Record Bonuses Just in Time for a Slump

The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.

2 min read

Blockchain

Fidelity (and So Many Others) Test Stablecoin Waters

Photo by Sundry Photography via iStock

Stablecoins are the Girl Scout cookies of the financial world, and everyone’s splurging for their own this spring.

2 min read

Big Tech

Google Strikes $32 Billion Deal for Cloud Security Startup Wiz

Photo by Allen Boguslavsky via Pexels

The massive acquisition could give Google an edge as AI accelerates Big Tech’s race to win over cloud customers.

2 min read

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