The Daily Upside

Patent Drop

Intel Filing Could Diversify Deepfake Detection Models

Photo via U.S. Patent and Trademark Office

he filing adds to several patents from tech companies that aim to tackle the deepfake problem amid the proliferation of generative AI.

2 min read
M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read
Patent Drop

IBM Protects AI From Being Swayed by Bad Data

Photo via U.S. Patent and Trademark Office

Its latest patent puts a magnifying glass to large wells of public data, aiming to make foundational models more robust against attacks.

2 min read
Economics

US Growth to Lap G7 Peers, IMF Predicts

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

The US economy will grow twice as fast as any of its major Western peers this year.

2 min read

Healthcare

UnitedHealth Cyberattack Punched a $872 Million Hole In its Finances

Photo via Connor Lin / The Daily Upside

The figure was enough to push the insurance giant to a loss in Q1, despite its revenue beating expectations.

2 min read
Real Estate

Big Tech Offloads Office Space, Putting Commercial Landlords in Flux

Photo by Kate Sade via Unsplash

Some of the more reliable office building tenants are reversing course by letting leases expire or subleasing space across major cities.

2 min read
Indicators

US Retail Sales Surge as Consumers Shrug Off Inflation, High Interest Rates

Photo by Mostafa Meraji via Unsplash

Sales rose 0.7% month-over-month — about double what many economists had predicted. Year-over-year, that’s a 4% jump.

1 min read
Big Tech

The Metaverse: Coming to a School Near You

Photo by Eren Li via Pexels

The tech titan plans to expand its virtual-reality headset into schools to enable immersive experiences.

2 min read

Banking

Goldman Sachs Leans On ‘Core Strengths’ to Crush Q1 Earnings

Photo by Maryland GovPics via CC BY 2.0

In the first three months of the year, the investment bank scored a 16% jump in revenue and $4.1 billion in net income, a 28% rise.

2 min read
Patent Drop

Adobe’s Latest Patent Aims to Keep AI From Making Mistakes

Photo via U.S. Patent and Trademark Office

“Real solutions to hallucination are going to be the next step change in AI.”

2 min read
Industrials

Bay Area Airports Battle Over What Gets to Be Called ‘San Francisco’

Photo credit: Supercarwaar/Wikimedia Commons

Oakland’s move to change its airport name to include the San Francisco Bay has irritated its bigger-city neighbors.

2 min read
Patent Drop

Airbus Patent Diagnoses Plane Malfunctions Through Sound

Photo via U.S. Patent and Trademark Office

As Boeing faces heat, Airbus may be looking at ways to boost production to meet the surge in demand.

2 min read

Inflation & Prices

Rent, Car Insurance Are Keeping Inflation High

Photo by Denys Nevozhai via Unsplash

Our new high-tech vehicles are becoming pricier to repair, and we’re getting in more accidents than ever before.

2 min read
Geopolitics

Crypto, Oil Markets In Flux With Growing Conflict in the Middle East

(Photo by Kanchanara on Unsplash)

Both asset classes could continue to swing wildly as the latest aggression in the region reverberates throughout the world.

1 min read
Social Media

Meta Patent Adds AI Voice Assistants Across Devices and Apps

Photo via U.S. Patent and Trademark Office

Its latest patent for a way to perform “concierge-type services” via voice adds to the company’s broader AI ambitions.

3 min read
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

Advisor Upside

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

Morgan Stanley Jumps on Private Market Research Bandwagon

Photo via Richard B. Levine/Newscom

1 min read
Can the Fed Get Missing Economic Data in Time for Rate-Cut Decision?

Photo via BONNIE CASH/UPI/Newscom

2 min read
SoftBank Dumps $5.8B Nvidia Stake to Subsidize Other AI Bets

Photo via Koichi Mitsui/AFLO/Newscom

2 min read

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