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Recent News

Consumer

Butterball Battle Begins for Retailers Rolling Out Holiday Deals

Photo via Richard B. Levine/Newscom

Target on Wednesday said its meal kit for four will cost less than $20 this year before tax, or about $5 a person.

2 min read

Photo via Kyodonews/ZUMAPRESS/Newscom

Economics

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

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
Photo by Naser Tamimi via Unsplash

Advisor Upside

Prediction Markets Are Worrying Wealth Managers

While older investors might not be as tuned into prediction markets, some in the wealth industry fear they’re a growing threat to next-generation clients.

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

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

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
Photo via Financial Planning Association

Advisor Upside

How New FPA CEO Dennis Moore Plans to Shake Up Planning

Moore may be an industry veteran, but he has some innovative ideas for the association and its members.

5 min read
Photo via Peter Foley/UPI/Newscom

Consumer

It’s On: Upstart Swiss Athletics Brand Outshines Rivals by Treating Sneakers Like Birkin Bags

The sportswear firm raised its full-year guidance for the third straight quarter on Wednesday and reported double-digit growth.

2 min read
Photo via Richard B. Levine/Newscom

Banking

Morgan Stanley Jumps on Private Market Research Bandwagon

There are more than 1,500 active unicorns that have raised roughly $1 trillion in venture capital funding, according to PitchBook data.

1 min read

CIO Upside

Nvidia Wants to Balance Workloads Between GPUs

Photo via U.S. Patent and Trademark Office

The system Nvidia wants to patent would spread out and balancing GPUs’ capacity to help avoid problems as demand ramps up in AI data centers.

1 min read

Patent Drop

Glimpse into the future of technology.

Photo via U.S. Patent and Trademark Office

Google Patent Highlights AI and Quantum’s Symbiotic Relationship
Photo via U.S. Patent and Trademark Office

The Time and Place for AI Code Generators
Photo via U.S. Patent and Trademark Office

Into the Future: The Patent Drop Highlight Reel
Photo via U.S. Patent and Trademark Office

Amazon Tries to Help Alexa Get Personal

ETF Upside

Some Drone ETFs Are Soaring. Here’s What to Know

Photo by Alessio Soggetti via Unsplash

Issuers are betting that advisors could benefit from exposure to a narrow slice of the aerospace defense industry.

2 min read

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