Industries

Industries

Microsoft Holds Out on OpenAI Nonprofit Plan

Photo by TechCrunch via CC BY 2.0

Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.

2 min read

Photo by Jérémy Barande via CC BY-SA 2.0

Consumer

Sliding LVMH Market Value Prompts Luxury Firm’s CEO to Urge US-EU Free Trade

Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.

2 min read
Photo by JHVEPhoto via iStock

Healthcare

Eli Lilly Skyrockets After Promising Results for First Weight-Loss Pill

The company plans to seek regulatory approval for the revolutionary weight loss treatment by the end of the year.

2 min read
Photo by Will Francis via Unsplash

Media & Entertainment

Advertising Industry Sweats a Recession-Spurred Pullback

The warnings come as the industry adapts to seismic shifts in technology — which means it may just have some new tricks up its sleeve.

2 min read

Industries

DoorDash Scoops up British Rival Deliveroo in Global Push

Photo by Carl Campbell via Unsplash

DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.

1 min read

Photo by Rio Space via Unsplash

Banking

Consumer Spending Buoyant in Run-up to Tariffs, Big Banks Say

Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.

2 min read
Photo by Cottonbro Studio via Pexels

Media & Entertainment

Next Level: Netflix Angles for Membership in $1 Trillion Club

With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.

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

Industrials

Manufacturing Discontent: Can Tariffs Spur Domestic Reindustrialization?

As a share of US GDP, the manufacturing sector has decreased from a nearly 25% peak in the 1950s to about 11% today.

7 min read

Policy & Power

US Gains Ground in Hypersonic Arms Race

Photo via Stratolaunch

The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.

2 min read

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

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