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Recent News

Artificial Intelligence

Behind Sam Altman’s ‘Code Red’ Response to OpenAI Competitors’ Gains

Photo via Tom Williams/CQ Roll Call/Newscom

In memo this week, Altman promised the release of a new reasoning model next week that bests Google’s Gemini.

2 min read

Photo via Michael Brochstein/ZUMAPRESS/Newscom

Advisor Upside

Goldman Goes All In on Buffer ETFs with $2B Innovator Deal

The company, which is still new to the category, sees the case for buffer and defined-outcome ETFs growing as more people near retirement.

2 min read
Photo via Richard B. Levine/Newscom

Inflation & Prices

Holiday Spending Hits New Highs, Sort Of

Holiday spending after Thanksgiving hit a record high, although notably only if you crunch the numbers a certain way.

2 min read
Photo by Brian Wangenheim via Unsplash

Cryptocurrency

Bitcoin Struggles to Regain Lost Ground after Rapid Slide

Slumping Bitcoin has held above the key $80,000 threshold that would put many investors underwater, but the test of its resilience isn’t over.

2 min read
Image Credit: Getty Images, TebNad

ETF

Sustainability ETFs Still Shining Despite Investor Pullback. Here are the 4 Largest

Despite White House policy changes, some ESG exchange-traded funds are generating outsized returns, and analysts have an optimistic outlook.

3 min read
Photo by krblokhin via iStock

Consumer

What’s the Beef? For American Grocery Shoppers, It’s Meat Prices

US shoppers are now paying an average price of $6.60 per pound of ground beef, according to the US Bureau of Labor Statistics.

1 min read
Photo by AnnaStills via iStock

Consumer

Thrifting for Gifting: How Gen Zers Manage Holiday Shopping Budgets

Gone are the days where you had to wander endless thrift stores and sift through racks to find the perfect pair of previously owned jeans.

2 min read

Industries

Defense Darling Anduril Grapples with Military Tech Glitches

Photo via Pedro Fiuza/ZUMA Press/Newscom

Anduril was last valued at $30 billion in June, when its $2.5 billion fundraising round was oversubscribed eight times.

2 min read

Photo via Stefan Kiefer/Newscom

ETF Upside

Schwab Plans to Charge for Shelf Space Next Year. It Could Hit Small Issuers Hardest

Asset managers acknowledge the reality of paying to access Schwab customers, as they have started to do with Fidelity.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Nestea06 via iStock

Media & Entertainment

Indie Games Power Up as Big-Budget Rivals Sacrifice Creativity to Profit

The success of indie titles may help video game makers rely less on blockbusters and widen creative license, creating a 1UP for players.

5 min read
Photo by NEOM via Unsplash

ETF Upside

Rising Tide of Thematic ETFs Could Put Investors Underwater

As active ETFs have exploded, so too has thematic investing, a dangerous trend for most investors, the author of a Morningstar report said.

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

Consumer

Kohl’s Shows Signs of Comeback as Holidays Near

Photo via Scott Coleman/ZUMAPRESS/Newscom

Kohl’s is the largest US department store chain by number of retail locations, with more than double the number operated by Macy’s.

2 min read

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