The Daily Upside

Industries

America’s Passenger Rail has a New Ticket to Ride

Photo illustration by Connor Lin / The Daily Upside

The US’ often neglected railways might be on track for better days as the country pumps billions of dollars into outdated infrastructure.

6 min read
Consumer

Beer Sales Propel Constellation Brands to Strong Quarter

Photo by James Kern via Unsplash

The company’s flagship Modelo brand continues as top dog after surpassing Bud Light in sales last year.

1 min read
Electric Vehicles

Ford Is Enticing Tesla Owners With Special F-150 Lightning EV Discount

Photo via Ford

Ford is offering a $1,500 rebate to Tesla owners who may not want to wait around until 2025 for a pricey Cybertruck.

2 min read
Inflation & Prices

Europe Poised to Cut Rates Far Sooner Than US

Photo by European Parliament via CC BY 2.0

The European Central Bank signaled that it might be ready to pull the trigger in June.

2 min read

Patent Drop

Intel Patent Takes on Privacy at Eye Level

Photo of Intel’s AR/VR local processing patent via U.S. Patent and Trademark Office

The patents highlight the data privacy issues to come with the metaverse and its headsets.

3 min read
Finance

Goldman Sachs Mulls Exit From Big Tech Investments

Photo by Click See via CC BY-SA 2.0

The bank plans to take its profits off the table and repurpose them for new investments — primarily in energy and firms listed in Japan.

2 min read
Regulation

EPA Announces First Limits on ‘Forever Chemicals’ in Drinking Water

Photo by Andres Siimon via Unsplash

A US geological survey published in July 2023 found that as much as 45% of US drinking water could contain these compounds.

2 min read
Patent Drop

Nvidia Patent Keeps Data Centers Energy Efficient

Photo via U.S. Patent and Trademark Office

Nvidia wants to keep data centers from standing idle.

2 min read

Media & Entertainment

Roblox Gets into Video Ads

Photo by Village Global via CC BY 2.0

The gaming industry, like every other sector including banking and rideshare apps, is enmeshing itself even deeper into advertising.

1 min read
Patent Drop

PayPal’s Neural Network Patent Could Reveal the Firm’s AI Plans

Photo via U.S. Patent and Trademark Office

: PayPal wants to create AI that tracks all kinds of user behavior.

3 min read
Healthcare

Moderna Inches Nearer to Successful Cancer Vaccine

Photo by Polina Tankilevitch via Pexels

The company announced positive results in an early-stage trial of the individualized cancer vaccine it developed with Merck.

1 min read
Social Media

TikTok is Launching an Instagram Clone

Photo by Jonathan Kemper via Unsplash

The short-form video app said it will soon launch “TikTok Notes,” a photo-and-text-based platform intended to mimic the appeal of Instagram.

2 min read

Regulation

European Court Says Switzerland Violated Elderly Citizen Rights Via Climate Inaction

Photo by Xavier von Erlach via Unsplash

The ruling can’t be appealed and sets a weighty legal precedent for climate litigation in the EU and beyond.

2 min read
International Economics

Spain Cans its Golden Visa Program

Photo by Harrison Fitts via Unsplash

The government decided to end the program because of its impact on the country’s housing crisis.

2 min read
Semiconductors

TSMC Lands Up to $11.6 Billion to Expand Arizona Chip Hub

Photo by Tyrone Siu via CC BY-SA 2.0

The Taiwanese chipmaker already had two factories in the works, and it’s getting some funds to build a third.

1 min read
Banking

Jamie Dimon Sticks to His Cautious Worldview

Photo by Steve Jurvetson via CC BY 2.0

JPMorgan’s CEO sees a lot of potential in the US economy — and plenty of obstacles to overcome.

2 min read
Patent Drop

Google Patents Explore Convergence of AI and Healthcare

Photo of Google’s healthcare note-taking patent via U.S. Patent and Trademark Office

The filings signal the growing use cases for AI in healthcare settings, but also the risks that may accompany using AI in clinical care.

3 min read
Industrials

Boeing CEO Scored $33 Million Payout in 2023

Photo by John McArthur on Unsplash.

David Calhoun enjoyed a 45% jump from 2022, but the aerospace giant has started to tie executive pay to broader safety goals.

1 min read
Banking

US Banks Push Back on High Severance Costs in Paris

Photo by Rodrigo Kugnharski on Unsplash

The Americans have warned that further inroads to France’s capital may not happen without some dismissal-pay flexibility.

2 min read
Patent Drop

Ford Adds to EV Charging Patents Despite Demand Drop

Photo via U.S. Patent and Trademark Office

Ford wants to charge EVs when renewables are ripe, according to its latest patent.

3 min read

Advisor Upside

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

Enterprises Grapple With Pros, Cons (and Costs) of Cloud-First Strategy

Photo by Planet Volumes via Unsplash

4 min read
Fiserv Loses Nearly Half Its Market Cap After ‘Abysmal’ Quarter

Photo by hapabapa via iStock

2 min read
Amazon Job Cuts Broaden Big Tech’s Layoff Barrage

Photo via CentralITAlliance

2 min read

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