Great Catch. - The Daily Upside

Today’s Upside

JUST FOR FUN

Great Catch.

@zavarinm
#рибалка
♬ оригинальный звук – M Z

Recent News

Real Estate

New Home Construction Sinks to Lowest Point Since Pandemic

Photo by Getty Images via Unsplash

It may well be another indicator that the market is finally tipping in buyers’ favor, as the construction industry faces major headwinds.

2 min read

US Senator Bill Hagerty. Photo via Aaron Schwartz/Sipa USA/Newscom.

Advisor Upside

What the GENIUS Act Means for Stablecoins and Advisors

The bill would require tokens to be backed by liquid assets including the US dollar and short-term Treasury bills.

2 min read
Photo via SYSPEO/SIPA/Newscom

Artificial Intelligence

Musk’s xAI Holds Talks for Another Massive Fundraising Round

To catch up in the AI race, Elon Musk’s xAI is going to have to burn some proverbial rubber — and lots and lots of literal cash.

1 min read
Photo via Andy Dean/Newscom

Media & Entertainment

Proposed Crackdown on Pharma Ads Leaves Cable TV Fearing $10B Withdrawal

The US and New Zealand are the only two countries that allow pharmaceutical companies to directly advertise to patients on TV.

2 min read
Photo via James Thew/Newscom

Energy

Oil Prices Spike as Israel-Iran Conflict Threatens Production, Shipping

With no immediate end in sight, analysts are weighing multiple possibilities that could affect prices down the line.

2 min read
Photo via Richard B. Levine/Newscom

ETF Upside

BlackRock Dumps 14 Funds, Many Being Sustainable Products

The asset manager disclosed that it will close and liquidate the mutual funds and ETFs, including the BlackRock Impact Mortgage Fund.

2 min read
Photo by CardMapr.nl via Unsplash

Personal Finance

AmEx Platinum, Chase Sapphire Reserve Battle for Points in Upgrade Grudge Match

The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.

1 min read

ETF Upside

What the Israel-Iran Conflict Means for Sector ETFs

Photo by Matthew Henry via Unsplash

ETFs with exposure to shipping and defense have largely held strong despite a series of Israeli missile strikes against Iran.

2 min read

Photo by Alvaro Fernandez Echeverria via iStock

ETF Upside

Fidelity, Franklin Prep Solana ETFs with Staking

The SEC has warmed up to crypto ETFs and staking, but whether it will approve both in the same package is a question.

1 min read
Photo via Cover Images/ZUMAPRESS/Newscom

Industrials

At Paris Air Show, eVTOL Industry Preps for Takeoff

For key US eVTOL players Joby Aviation and Archer Aviation, the Paris Air Show comes at a critical moment.

2 min read
Photo via Kyodonews/ZUMAPRESS/Newscom

International Economics

US Flexes Golden Share in Nippon Merger With US Steel

The deal is the Trump administration’s attempt to stake out a new path for balancing national security and the influx of foreign capital.

2 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

Advisor Upside

What the SEC’s Scrapping of Biden-Era Proposals Means for Advisors

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission. Photo via Michael Brochstein/Sipa USA/Newscom.

The agency unveiled a series of senior-level appointments while also nixing 14 rules proposed during Gary Gensler’s time in charge.

1 min read

Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

Advisor Upside

Wells Fargo’s Hot on Energy, Financials. Not so Much on Consumers

The bank outlined where it intends to allocate investments over the next year and a half during a midyear outlook event.

2 min read
Photo via Spencer Jones/Plexi Images/GHI/Universal Images Group/Newscom

Finance

BlackRock’s Virtual Investment Analyst ‘Asimov’ Ushers in AI Era on Wall Street

BlackRock rolled out an AI research platform called Asimov, escalating the intelligence and analysis arms race on Wall Street.

1 min read
Photo by Anna Shvets via Pexels

Advisor Upside

Millennial Women Are Investing More Money Earlier, Says Schwab

Schwab’s Women Investors Survey showed Millennials invested the most — and were the most likely to enjoy it.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.