Finance

Advisor Upside

Do Elections Matter to Markets?

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Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.

2 min read

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Markets

The NYSE Wants to Go 22/5 on Its Arca Exchange

The NYSE said Friday that it plans to extend trading hours for equities on its electronic Arca exchange to 22 hours on weekdays.

2 min read
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Banking

HSBC Announces Dramatic Makeover That Splits Lender East and West

HSBC announced a restructuring that will cut costs and, if all goes as planned, ease increasingly tense geopolitical relations.

2 min read
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Markets

Say Goodbye to the Era of Towering S&P 500 Gains, Says Goldman

Goldman Sachs’ equity strategy team forecasts that America’s blue chip S&P 500 index will bring in infinitesimal returns for the next decade.

2 min read

Finance

Blackstone Thinks It’s High Time for a Public Listing Blitz

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Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.

2 min read

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Advisor Upside

Don’t Celebrate the 2-Year Bull Market Just Yet

What’s a good gift for a mature bull? How about a dose of perspective? The stock market can sometimes be a victim of its own recent success.

1 min read
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Markets

Trading Windfall Pushes Wall Street to Surprisingly Strong Quarter

How’d the financial giants — namely, Goldman Sachs, Citigroup, and Bank of America — make out this quarter? Surprisingly well, it turns out.

2 min read
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Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read

Patent Drop

Mastercard Blockchain Patent Could Make Financial Audits Easier

Photo via U.S. Patent and Trademark Office

Mastercard might use blockchain to straighten out transaction records.

2 min read

Patent Drop

JPMorgan Patent Could Add Guardrails to AI in Banking

Photo via U.S. Patent and Trademark Office

Given that AI systems can’t always be totally accurate, observing when they make mistakes could mitigate a lot of harm.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo via Vanguard

Markets

Weathering the Storm: A Q&A with Vanguard on Market Volatility

The last four years have been head-spinning. Dan Newhall, Vanguard’s head of portfolio solutions, talked us through the volatility.

5 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Wells Fargo Cloud Patent Could Fight Data Security Risks

Wells Fargo’s recent patent wants to make sure you can trust the cloud.

2 min read
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Banking

JPMorgan to Open Nearly 100 Chase Branches in Low-Income Neighborhoods

JPMorgan Chase announced it will open nearly 100 brick-and-mortar locations in low-income inner-city and small-town American communities.

2 min read

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