The Daily Upside

Concert Tickets and Vacation Rentals Get Hit by FTC’s War on Junk Fees

Photo by Paolo V via CC BY 2.0

Don’t get too excited for cheaper Taylor Swift tickets: The rules just force sellers to present all the extra fees upfront.

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Pfizer Stock Surges as It Says Outlook Will Match Wall Street Expectations

Photo by Alexandros Michailidis via iStock

Sometimes, markets don’t need breathless buzzwords to get excited. Sometimes, “marginally encouraging” will do. Ask Pfizer shareholders.

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Want to Attract Top Talent? Try These Comp Perks

Photo by Kristin Wilson via Unsplash

Firms are offering extra incentives to advisor compensation plans like paid time off for volunteer work, and even free financial planning.

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Why Wells Fargo Is Tapping Into Banking Customers

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Wells Fargo Advisors is hoping it can cross-sell products to customers in other business lines, specifically banking customers.

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Dr. Doom’s 5 ‘Wars’ Facing the Global Economy

Photo by World Economic Forum via CC BY-SA 2.0

The noted economist Nouriel Roubini cited five major issues that our species will have to confront over the next two decades.

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The Mental Health Crisis is Slamming Workplaces

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Consensus opinion seems to be that a mental health crisis is plaguing the world. And it turns out, good mental health makes wealth.

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Europe Spends $11 billion to have an Alternative to Starlink

Photo via ESA/Mlabspace

It’s part of the EU’s goal to build its own spacefaring infrastructure, reducing its dependence on US private companies.

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Investment Giant SoftBank Promises $100 Billion and 100,000 Jobs to the US

Photo by Tupungato via iStock

SoftBank’s gigantic pledge undoubtedly represents a major PR victory for the incoming Trump 2.0 administration.

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The Time and Place for AI Code Generators

Photo via U.S. Patent and Trademark Office

Though chatbots do code’s heavy lifting, humans need to be in charge.

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Why Small AI Models Are Winning In Enterprise

Photo by Vanessa Nunes via iStock

The adage “go big or go home” may not always apply to AI.

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ByteDance is Winning the China AI Race. That’s Bad News for TikTok.

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ByteDance, the China-based TikTok owner and political punching bag, is emerging as the nation’s answer to OpenAI.

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Sixth Street Gives Affirm a Big Boost

Photo by Rann Vijay via Pexels

Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

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Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

Photo by Roy Luck via CC BY 2.0

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

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How the Great Wealth Transfer is playing out for Billionaires

Photo illustration by Connor Lin / The Daily Upside, Photos by Jérémy Barande via CC BY-SA 2.0, David Shankbone via CC BY 3.0, Obama White House Archived, and U.S. Air Force / Trevor Cokley

The oldest among us are richer than ever, so are the richest. So what happens when the oldest and richest start passing their wealth along?

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Walmart-Backed Fintech Scores Big Funding Round

Photo by Walmart Corporate via CC BY 2.0

Besides being your one-stop-retail-shop for everything, Walmart would like to be your virtual banker, too.

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Eggs Break Consumers’ Wallets But Producer Stocks Are Sizzling

Photo by Jakub Kapusnak via Unsplash

The Fed may have cracked inflation, but eggflation is proving harder to beat. Unsurprisingly, egg producer stocks are soaring.

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Nvidia Wants to Be Indispensable to the Self-Driving Industry Also

Photo via Nvidia Media Assets

After making itself an integral part of the supply chain for generative AI, Nvidia is eyeing other futuristic tech bets.

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Inside Vanguard’s Latest Push Into Financial Advice

Photo via Connor Lin / The Daily Upside

The $10 trillion asset manager is restructuring itself with an eye towards its wealth management business.

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Don’t Fall for This AI Marketing Trap

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Artificial intelligence is a handy tool, but generating all your promotional content with AI can be dangerous and ineffective.

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Advisory Firms Need to Hire More Staff — and Fast

Photo by José Martín Ramírez Carrasco via Unsplash

The industry will need more than 70,000 new staff over the next five years, according to a Charles Schwab report.

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Advisor Upside

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

Can ‘Terror Management Theory’ Explain Inheritance Spending?

Photo by Yunus Tuğ via Unsplash

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Meet the BlackRock ETF Taking Aim at Invesco’s QQQ

Photo via Erik McGregor/Sipa USA/Newscom

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Neurocrine Scoops Up Hunger-Drug Maker in Latest Multi-Billion-Dollar Pharma Deal

Photo via Andre M. Chang/ZUMAPRESS/Newscom

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