Midlife Revelation. - The Daily Upside

Today’s Upside

JUST FOR FUN

Midlife Revelation.

View this post on Instagram

A post shared by BBC Radio 4 (@bbcradio4)

Recent News

Artificial Intelligence

Investors Brace for Revelations in New AI Bellwether Oracle’s Latest Report

Photo via imageBROKER/Joko/Newscom

Deals with Meta, Nvidia and Softbank underscore concerns that Oracle is overexposed to a possible AI bubble.

2 min read

Photo via Richard B. Levine/Newscom

ETF Upside

BlackRock to Launch Staked Ethereum ETF

The world’s largest asset manager and issuer of the biggest crypto ETF is expanding into staked Ethereum. Is there room for anyone else?

2 min read
Photo via Liu Yanan / Xinhua News Agency/Newscom

Finance

Ares Replaces Pop-Tarts Purveyor Kellanova on S&P 500

Ares is a major player in the private-credit market, which is facing both a surge in popularity and mounting concerns.

2 min read
Photo by Katelyn Perry via Unsplash

Advisor Upside

There Are Now More 401(k) Millionaires Than Ever

High employer matching rates and a booming stock market have pushed retirement balances to record highs.

2 min read
Photo via Dennis Van Tine/ZUMAPRESS/Newscom

Finance

JPMorgan Hires Vaunted Berkshire Stockpicker as Buffett’s Exit Spurs C-Suite Shakeup

On Monday Berkshire also announced that CFO Marc Hamburg, who has held the role for 40 years, plans to retire in June.

2 min read
Photo by Daiga Ellaby via Unsplash

Advisor Upside

Nearly Two-Thirds of Young Investors Take Advice From Finfluencers

Many of those same investors are also overly confident in their financial knowledge, according to FINRA.

2 min read
Photo via Cfoto/ZUMAPRESS/Newscom

Electric Vehicles

Investors Throw Side-Eye at Tesla’s Optimus-tic $1.4T Market Cap

Morgan Stanley cut its rating of Tesla for the first time in two years on Monday to “equal weight,” which is equivalent to a hold.

2 min read

Media & Entertainment

Paramount Refuses to Take ‘No’ for an Answer on Warner Bros. Takeover Bid

Photo via Ted Soqui/Sipa USA/Newscom

The straight-to-shareholders pitch rests in part on the argument that a Paramount takeover is more appealing to regulators.

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

Markets

State Regulators Bet on a Legal Difference Between Prediction Markets, Sports Gambling

Photo via Billy Tompkins/ZUMAPRESS/Newscom

Connecticut claims Kalshi, Robinhood and Crypto.com don’t have the proper licenses to handle sports wagers in the state.

2 min read

Photo by Getty Images via Unsplash

ETF Upside

Invesco Doesn’t QQQuite Have the Votes for ETF’s Transition

The company’s flagship ETF, QQQ, is just shy of enough votes to approve its reclassification as an open-end fund.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Nastco via iStock

Artificial Intelligence

When AI Hallucinations Amount to Defamation, Who’s Liable?

A handful of high-profile defamation-by-AI-chatbot allegations against big tech firms are already stacking up.

5 min read
Photo by Scottsdale Mint via Unsplash

ETF Upside

Silver ETFs on Track for Gold Medal in Performance This Year

Its price is up 100%, significantly ahead of gold’s surge, and the (very) few silver ETFs on the US market have benefited.

2 min read

Sign Up for The Daily Upside to Unlock This Article

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