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Recent News

Energy

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

Photo via James Thew/Newscom

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

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

Advisor Upside

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

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

Advisor Upside

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

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

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 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
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 via Cover Images/ZUMAPRESS/Newscom

Technology

Can Blue Origin Fill NASA’s SpaceX Void?

NASA is looking to decrease its dependency on key contractor SpaceX, but Jeff Bezos’s Blue Origin is going nowhere at exactly the wrong time.

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

CIO Upside

Oracle Patent Keeps Large Language Models From Spilling Secrets

Photo via U.S. Patent and Trademark Office

Oracle’s patent highlights a key issue that AI developers are still reckoning with: Data privacy.

1 min read

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