The Daily Upside

Big Tech

Meta Jostles With EU and US Regulators in Same Week

Photo by Sanket Mishra via Pexels

European authorities fined Meta for allegedly engaging in antitrust behavior by favoring its classified service Facebook Marketplace.

2 min read
Patent Drop

Ford EV Slowdown Signals a Market “Inflection Point”

Photo via U.S. Patent and Trademark Office

Charging infrastructure remains a barrier in EV adoption.

2 min read
Patent Drop

Disney Doesn’t Want to be Left Behind in AI

Photo via U.S. Patent and Trademark Office

The company’s recent patent signals that AI is coming both for the world of advertising and entertainment at large.

2 min read
Patent Drop

Salesforce Wants an AI That Can do it All

Photo via U.S. Patent and Trademark Office

Salesforce’s patent for a multi-talented AI assistant signals that language models need to be more than just chatbots to be useful.

2 min read
Advisor Upside

Inside Wells Fargo’s Bet on Independent Advisors

Photo by Sven Piper via Unsplash

The wirehouse’s independent channel has become the fastest growing segment of its wealth management unit and helped retain advisors.

2 min read
Advisor Upside

Why Nvidia in the Dow Is Bad News for Dividend Investors

Photo via Nvidia Media Assets

The index investors consider as a basket of blue chip stocks has taken a hard turn toward growth, and away from mature dividend stocks.

2 min read
Advisor Upside

Wall Street Bonuses Surge for First Time Since 2021

Photo by Lucky Photographer via iStock

The past two years haven’t been too kind to Wall Street comp plans, but that might be changing as bonuses make a comeback.

2 min read
Consumer

Food Delivery Giant Just Eat Offloads Grubhub to Marc Lore’s Wonder at a 90% Loss

Photo by Alena Kravchenko via iStock

2 min read
Big Tech

Amazon Doubles Down on AI Processor Bet

Photo by Hapabapa via iStock

Amazon wants to reduce its reliance on Nvidia and offer an alternative to Nvidia for Amazon Web Services clients in the process.

2 min read
Finance

Klarna Files for a US IPO

Photo by Cherubino via CC BY-SA 4.0

Looser regulations might be leading Swedish buy-now-pay-later firm Klarna to choose the US over the UK to host its IPO.

2 min read
Industrials

Activist Investor Elliott Reveals Surprise $5 Billion Stake in Conglomerate Honeywell

Photo by Jetcityimage via iStock

Honeywell may just be the next conglomerate to split into various pieces. At least if Elliott Investment Management has its way.

2 min read
Healthcare

23andMe Gives Up on its Drug Development Dream

Photo by Mike Mozart via CC BY 2.0

A treasure trove of genetic data may hold the key to a revolution in drug development, but it offers no clues for building a business.

2 min read
Energy

Shell Strikes a Blow For Fossil Fuel Industry in Climate Litigation — For Now

Photo by Krish Parmar via Unsplash

Shell managed to overturn a Dutch legal order made in 2021 that had mandated the company cut its emissions 45% from 2019 levels by 2030.

2 min read
Advisor Upside

Can ETFs Break Into the $7.4T 401(k) Industry?

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More than 30 asset managers are asking regulators for permission to offer mutual fund share classes that can fit into retirement accounts.

2 min read
Advisor Upside

Rich Clients Stick With Their Advisor. Their Children? Not So Much

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With the Great Wealth Transfer in full swing, advisors need to be ready for younger clients who are more mobile, according to a survey.

1 min read
Advisor Upside

SEC Fines Robo-Advisor for Athlete Endorsement Violations

Photo by Airotcivss via CC BY-SA 4.0

The Shariah-compliant robo-advisor Wahed Invest allegedly violated advertising rules and agreed to a $250,000 fine.

1 min read
Consumer

Nestlé Tries to Hitch a Ride with Formula 1

Photo by Justin via Unsplash

Nestlé and Formula 1 announced on Monday that starting with the upcoming 2025 season KitKat will be the sport’s “official chocolate bar.”

1 min read
Healthcare

Abbvie Shares Sink Following Two Poor Trials

Photo by Hapabapa via iStock

Dissapointing results for two mid-stage trials strikes a blow in Abbvie’s expensive pipeline-via-M&A strategy.

2 min read
International Economics

China’s Trade Surplus Closing in on $1 Trillion, Bolstering Trump’s Tariff Pledge

Photo by Eilis Garvey via Unsplash

Just in time for Trump 2.0, China is on pace for history’s first $1 trillion trade surplus by a single nation, according to Bloomberg.

2 min read
Semiconductors

TSMC To Halt Shipments to China

Photo by Bermix Studio via Unsplash

Imposing export controls on high-powered computer chips is easy, but enforcing them is much harder. Just ask TSMC.

2 min read

FA Upside

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

Advertisers Worry Facebook May Become X

Photo by Sanket Mishra via Pexels

2 min read
The Most Important Pharma Event in America Kicks Off Today With High Hopes for M&A

Photo by Alexandros Michailidis via iStock

2 min read
Coffee and Chocolate Are the Reigning Commodity Kings

Photo by Chevanon Photography via Pexels

2 min read