The Daily Upside

Consumer

Macy’s Says No to Private Equity Buyout. Now What?

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The board of directors for Macy’s unanimously voted to end negotiations with Arkhouse and Brigade to take the company private.

1 min read
M&A

Cleveland-Cliffs to Buy Canadian Steelmaker for $2.8 Billion

Photo by Ant Rozetsky via Unsplash

Steel giant Cleveland-Cliffs announced Monday that it will buy Canada’s Stelco Holdings for C$3.85 billion ($2.8 billion).

1 min read
Big Tech

Apple Makes Strides in India as Global Competition Heats Up

Photo by Trac Vu via Unsplash

As the global market becomes increasingly competitive, Apple has turned toward India as a way to diversify its revenue stream.

2 min read
Advisor Upside

BlackRock Hits Record AUM as Wall Street Banks Report Solid Earnings

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CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.

1 min read

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

The ‘Everything App’: How Robinhood Grew From Trading Platform to Financial Ecosystem

Photo illustration by Connor Lin / The Daily Upside, Photos by Ljupco, Comzeal, and CreativaImages via iStock

5 min read
Advisors Are Piling Into the RIA Channel. That May Not Be a Good Thing

Photo illustration by Connor Lin / The Daily Upside, Photos by YakobchukOlena and Rawpixel via iStock

4 min read
What’s the Difference Between 351 Exchanges and Exchange Funds?

Photo by Ben Iwara via Unsplash

4 min read

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