The Daily Upside

Energy

Biden’s Ambitions for Offshore Wind Are High, Maybe Not Realistic

(Photo by Harry Cunningham on Pexels)

On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia.

2 min read
Banking

Low Deal Flow Means Lower Bonuses for Wall Street

(Photo by Edgar on Unsplash)

After 10 months of slower-than-anticipated deal flow, bankers are expecting less-than-stellar year-end holiday bonuses.

1 min read
Patent Drop

Microsoft Guards its Models at All Angles

Photo by Village Global under CC BY 2.0

Microsoft’s AI protection patent shows the vulnerabilities that models face amid rapid growth.

3 min read
Industrials

European Aluminum Giant Is Fretting a Chinese EV Influx

Photo by Blaz Erzetic/Unsplash

While the price of aluminum has climbed off the mat in recent months, it’s still well below the heady days of early 2022.

2 min read

Patent Drop

From the Expert: AI’s Impact on Data Security

AI’s rapid adoption will require cybersecurity that’s more sophisticated than ever before.

2 min read
Markets

Homebuilders Feel the Squeeze of Tight Housing Market

Photo by Zac Gudakov via Unsplash

Shares of leading US homebuilders have plummeted since an industry-wide peak in July, according to a Financial Times analysis.

2 min read
Industrials

Climate Change and Regulations Squeeze Alaska’s Salmon Fishers

(Photo by Max Randall/Unsplash)

Salmon fishers in Alaska face a cascade of challenges as state regulators implement a series of restrictions to prevent overfishing.

1 min read
OP-ED | Power Corridor

Not All Hollywood Bets Have Fairytale Endings

The U.S. Securities and Exchange Commission announced that it charged BlackRock – the largest money manager in the world, with nearly $10 trillion in…

4 min read

Media & Entertainment

WPP Slashes Profit Outlook After Sluggish Quarter

(Photo via WPP Media Library)

WPP issued a reduction of its profit outlook for the second time in consecutive quarters on Thursday, citing major headwinds.

1 min read
Regulation

Chinese Government Puts a New Leash on its Financial Sector

(Photo by Foreign, Commonwealth & Development Office under CC BY 2.0)

Beijing plans to establish a Central Financial Commission, which will act as a watchdog for the country’s $61 trillion financial sector.

2 min read
Banking

Goldman Sachs Gets Into the Geopolitical Advice Game

(Photo by Ken Lund under CC BY-SA 2.0)

Goldman Sachs is launching a sort of geopolitics-slash-technology research arm to advise clients who get anxious when they turn the news on.

1 min read
Patent Drop

Oracle’s Patent Could Keep AI From Spilling the Beans

Oracle wants to protect its AI models from being asked the wrong questions with a patent for a “machine learning model attack guard.”

3 min read

Economics

The Economy is Expected to Slow, Someday

(Photo by Blake Wisz on Unsplash)

The third quarter likely saw strong economic growth, which sounds like good news — unless you’re rooting for lower interest rates.

1 min read
Technology

Amazon Spins Up New Cloud Division for Europe

(Photo by Web Summit under CC BY 2.0)

Amazon said Wednesday that its Amazon Web Services cloud division is launching a “European Sovereign Cloud.”

1 min read
Social Media

Snap Patent Keeps Data Out of Third-Party Hands

Given that a large part of Snap’s user base is under 18, protecting user data is even more crucial.

2 min read
Big Tech

Microsoft Looks at User Protection After Log-in

Photo by Connor Lin/The Daily Upside

The patent highlights Zero Trust, the concept that cybersecurity shouldn’t stop at the gates to entry.

3 min read
OP-ED | Power Corridor

Once and For All, Is It Spending…Or Taxes?

America’s debt clock is ticking – the nation’s debt is at around $33.7 trillion and its deficit, in the latest fiscal year, has effectively…

4 min read
Power Corridor

Where the Money Went

SBF- Salt NY

The former chief executive of Alameda and star witness in the trial of her boss and former romantic partner, FTX co-founder Sam Bankman-Fried, described…

2 min read
OP-ED | Power Corridor

The Battle Hymn of Billionaire John Paulson

John Paulson, of “The Greatest Trade Ever” fame, is suing a former business partner tasked with running an investment empire for Paulson valued at…

2 min read
Autos

GM Sputters Through Latest Earnings Report

(Photo by U.S. Department of Agriculture under Public Domain Mark 1.0)

The good news is that GM generated about $3.1 billion in profit in the quarter. The bad news is that this is the only good news.

2 min read

Advisor Upside

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

Mortgage Rates Follow Bond Yields Higher as US Debt Concerns Mount

Photo by Vladimir Kudinov via Unsplash

2 min read
Nike Preps Price Hikes While Planning Return to Amazon

Photo by Thomas Serer via Unsplash

2 min read
Solar Companies Burned by Clean-Energy Cuts

Photo by Kateryna Hliznitsova via Unsplash

1 min read

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