How Did He Know? - The Daily Upside

Today’s Upside

JUST FOR FUN

How Did He Know?

(Rest in peace, Jonathan Joss.)

Recent News

Photo via Ringo Chiu/SOPA Images/Sipa USA/Newscom

Media & Entertainment

NBA Finals Kick Off With an Old (Footwear) Friend

An increasing share of NBA endorsement deals has been spread among shoe firms fighting for a piece of Nike’s market share.

2 min read
Photo by Getty Images via Unsplash

International Economics

Tariffs Deliver Record Drop in US Trade Deficit

Does the deficit crunch mean the US has won the first big battle of the trade war? Well, that’s a complicated question

2 min read
Photo by Getty Images via Unsplash

Industrials

Countries Fight Over Periodic Table as China Hoards Rare Earths

As China tightens its grip on rare earths exports, one of its most crucial bargaining chips, the global supply chain is showing cracks.

2 min read
Photo by João Vincient Lewis via Unsplash

Banking

Unshackled Wells Fargo Fights to Regain Momentum Lost in Penalty Box

Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.

2 min read
Photo by Getty Images via Unsplash

Indicators

US Service Economy Suffers Unexpected Trade War Blow

The surprising news comes just ahead of an all-important jobs report from the Labor Department due out Friday.

2 min read
Photo by Kateryna Hliznitsova via Unsplash

Advisor Upside

There’s Almost 600K More Millionaires. That’s Not Necessarily a Good Thing

Most children of HNW clients plan to switch advisors within two years of an inheritance.

2 min read

Advisor Upside

Goldman, Morgan Stanley, JPMorgan Layoffs to Hit Northeast

Photo by David Jones via Unsplash

The major Wall Street firms plan to lay off hundreds of workers in June.

2 min read

Photo by Christina Morillo via Pexels

Advisor Upside

Wedbush and Dan Ives Launch AI Revolution ETF

The fund, based on Ives’ proprietary research, targets companies leading the charge in robotics, semiconductor chips, retail products, and more.

2 min read
Photo via Richard B. Levine/Newscom

Artificial Intelligence

Palantir Becomes Trump Trade’s Big Winner

Palantir’s share price has soared some 77% year-to-date on the backs of key federal government contracts, to hit a record valuation on Monday.

2 min read
Orlando Bravo, founder and managing partner of Thoma Bravo. Photo by Joe Budd via CC BY-SA 4.0

Private Equity

Thoma Bravo’s $34B Win Leaves PE Rivals Choking on Exhaust Fumes

Private equity is stuck in a cycle of fewer exits, fewer returns, and fewer backers willing to sign up for new funds.

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

Personal Finance

Klarna’s BNPL Debit Card Goes Head-to-Head With Banks

Photo via Andre M. Chang/ZUMAPRESS/Newscom

Klarna says the card will offer one free tier and two paid tiers that include discounts and better cashback rates.

2 min read

Sign Up for The Daily Upside to Unlock This Article

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