The Daily Upside

Policy & Power

The Search for America’s Next Treasury Secretary is On

Photo by Andy Feliciotti via Unsplash

If the President is America’s CEO, the CFO is the Treasury Secretary. Soon, the country will have a new one in its metaphorical c-suite.

2 min read
Social Media

Australia Wants to Boot Kids off Social Media. Meta Says: Make Apple and Google Do It.

Photo by Mary Taylor via Pexels

Last week, Australian Prime Minister Anthony Albanese announced the government plans to introduce a law banning children from social media.

2 min read
Analysis

Wall Street Does DeFi

Photo illustration by Connor Lin / The Daily Upside

New digital-asset funds from BlackRock and WisdomTree are bypassing traditional systems and issuing assets directly on the blockchain.

3 min read
Artificial Intelligence

AI Startup Anthropic to Partner With Palantir, AWS to Sell to Intelligence and Defense Agencies

Photo by TechCrunch via CC BY 2.0

AI startup Anthropic is teaming up with Palantir and Amazon Web Services to get its wares into the intelligence and military market.

1 min read
Healthcare

Novo Nordisk’s Doing Brilliantly, Just Not Brilliantly Enough

Photo via Novo Nordisk

Novo Nordisk reported earnings, posting some chunky year-over-year growth and far outperforming its only real rival at the moment, Eli Lilly.

1 min read
Economics

The Fed Cut Interest Rates Exactly as Planned. But What’s Next?

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

The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.

2 min read
Patent Drop

Oracle’s Cloud Business is Along for the AI Ride

Photo via U.S. Patent and Trademark Office

Oracle probably won’t beat out major cloud companies. But it doesn’t have to in order to benefit from the AI wave.

2 min read
Patent Drop

IBM May Pay Closer Attention to AI Risk Amid Model Boom

Photo via U.S. Patent and Trademark Office

The context in which an AI model is used can change how much risk it presents, and who it affects.

2 min read
Patent Drop

Meta’s Costly Reality Labs Bet May be a ‘Test Bed’ for AR Glasses

Photo via U.S. Patent and Trademark Office

Peripheral devices add another layer of friction onto the experience that stands to turn off users.

2 min read
Advisor Upside

Ahead of Trump 2.0, Advisors Dig into Policy

Photo by Gage Skidmore via CC BY-SA 2.0

The markets reacted positively to a second Trump term, but financial advisors are still sorting out the impacts.

2 min read
Advisor Upside

Franklin Templeton Doubles Down on Alts

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The California firm appointed George Stephan to the new position of Global COO of Wealth Management Alternatives.

1 min read
Advisor Upside

ETFs Have Dominated for Decades. What’s Next?

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ETFs have steadily chipped away at market share of the almighty mutual fund, but the wrapper still has room to grow.

2 min read
Blockchain

The Crypto Industry Spent Big This Election. Now Comes the Payoff.

Photo by Traxer via Unsplash

Donald Trump’s victory in the US presidential election appears likely to send the cryptocurrency industry into a bonafide golden era.

1 min read
Semiconductors

Semiconductors Brace for Short-Term Pain

Photo by Amir Shtanger via CC BY-SA 4.0

Semiconductor company Nvidia has managed to once again top Apple and become the world’s most valuable company.

1 min read
M&A

Trump’s Deregulation Promises Could Spell M&A Glory, Or Not

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The deal-making vibes on Wall Street were strong after Donald Trump won his bid to return to the White House.

2 min read
Media & Entertainment

Nintendo Takes Big Profit Hit After Failing to Switch It Up

Photo by Alvaro Reyes via Unsplash

Nintendo revealed on Tuesday that it had suffered a 69% drop in its profits year-over-year for the most recent financial quarter.

1 min read
Autos

Ferrari Outraced the Luxury Slump, Tuesday Was a Speed Bump

Photo by Brandon Atchison via Unsplash

Ferrari reported improved sales and earnings in the third quarter, extending its streak of outperforming other luxury auto companies.

1 min read
Media & Entertainment

Can the Murdochs Hang on to News Corp?

Photo by Tupungato via iStock

A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.

2 min read
Advisor Upside

BlackRock’s Bitcoin ETF Dominates Ahead of Election Day

Photo by Vasilis Chatzopoulos via Unsplash

BlackRock’s iShares Bitcoin Trust ETF is riding Election Day momentum and took in record inflows last week.

1 min read
Advisor Upside

Two Thirds of Women Say They’re CFOs of the Household

Photo by Gabrielle Henderson via Unsplash

More women are planning for retirement, which hasn’t always been the case and could open up new clients to financial advisors.

1 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