The Daily Upside

Markets

Midday Market Brief: Wait and See

Photo illustration by Connor Lin / The Daily Upside

Stocks are mostly stuck in neutral as investors await two key pieces of data on Wednesday.

1 min read
Healthcare

Moderna Pins Hopes on Combined Flu and Covid Jab

Photo by Baltimore County Government via Public Domain Mark 1.0

A recent trial showed its new 2-for-1 injection was more effective on both illnesses than existing individual shots.

1 min read
International Economics

Europe’s Disruptive Election Rocked the Region’s Markets

Photo by Faces Of The World via CC BY 2.0

Europe’s various far-right parties increased their control of the EU’s parliament to 25% from the roughly 20% since elections in 2019.

1 min read
Industrials

Elliott Wants to Shake Up Southwest After Building $2 Billion Stake

Photo by Forsaken Films via Unsplash

Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.

2 min read

Markets

Midday Market Brief: Eurovision

Photo illustration by Connor Lin / The Daily Upside

Far-right gains in the European Parliament elections put investors globally in a tentative mood, though the dollar got a big boost.

1 min read
Patent Drop

Apple’s AI Waiting Game May Finally Be Over

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Apple’s been biding its time on AI. Don’t count it out of the race.

5 min read
Electric Vehicles

Volvo Looks to Skirt Chinese EV Tariffs by Moving Production to Belgium

Photo credit: Steve Jurvetson/Flickr

The EU has a 10% tariff on EVs imported from China, but it could soon increase to 25% or 30%.

2 min read
Markets

Where Have All the Short Sellers Gone?

Photo by Sam Valadi via CC BY 2.0

Since 2008, funds with a short bias have seen assets decrease to $4.6 billion from around $7.8 billion.

2 min read

Artificial Intelligence

OpenAI is Growing a Stable of Allies

Photo by TechCrunch via CC BY 2.0

Adding as many corporate friends as possible is probably helpful in the face of mounting regulator unease.

2 min read
Industrials

The Natural Diamond Industry is Cracking Up

Photo illustration by Connor Lin / The Daily Upside, Photos via Freepik

The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?

5 min read
Advisor Upside

Financial Advisors Are On the Fence About Bitcoin ETFs

Photo illustration by Connor Lin / The Daily Upside, Photo by Layerace via Freepik

As cryptocurrency flirts with record highs, the new ETF products may help advisors gain exposure to a highly volatile asset class.

3 min read
Consumer

FDA Reverses its Ban on Juul

Photo by Vaping360 via CC BY 2.0

The regulator had banned the company’s e-cigarettes in 2022, but they stayed on store shelves while an appeal process played out.

2 min read

Regulation

AI Enters its Antitrust Era

Photo by Jernej Furman via CC BY 2.0

According to reports, the DOJ will take the lead on chipmaker Nvidia, while the FTC will run point on OpenAI.

1 min read
Semiconductors

Nvidia Is On its Way to the Top of the Market-Cap Leaderboard — Then What?

Photo via Nvidia Media Assets

Despite the stock’s recent run, the chipmaker’s revenue and profit growth make talk of a bubble sound premature.

2 min read
Markets

Midday Market Brief: Catch Your Breath

Photo illustration by Connor Lin / The Daily Upside

After a runup of nearly 8% in the past six weeks, the market and its Big Tech drivers appear to be taking a break.

1 min read
Patent Drop

PayPal “Fairness-Aware” Model Patent Highlights Bias Issues in Financial AI

Photo via U.S. Patent and Trademark Office

The filing highlights the importance of eliminating bias in AI-powered financial platforms.

2 min read
Consumer

Irish Fast-Food Upstart Keeps Sticking it to McDonald’s

Image Credit: iStock, tofumax

The world’s largest fast food chain lost its “Big Mac” trademark for chicken sandwiches following a European Union court ruling.

1 min read
Media & Entertainment

Massive Class-Action Antitrust Lawsuit Against NFL Kicks Off

Image Credit: ESPN

The plaintiffs argue the league made an anti-competitive agreement forcing fans to pay for out-of-market broadcasts in one package.

2 min read
International Economics

Canada Slashes Interest Rates, Europe Likely to Follow Suit

Image Credit: iStock Images, Gabriel Shakour

Canada’s economy has been kept in check due to higher levels of household debt and shorter-term mortgages in Canada compared to the US.

2 min read
Patent Drop

Google’s AR Mapping Patent Could Unlock Low-Power Smart Glasses

Photo via U.S. Patent and Trademark Office

While the company has been touting its AI work over the past year, it may have artificial reality plans in store.

2 min read

Advisor Upside

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

Advisors Look for Midas Touch as Gold Prices Soar

Photo by Zlaťáky.cz via Unsplash

2 min read
UBS May Be the Next Wall Street Bank to Let Clients Trade Crypto

Photo by Robert Way via iStock

2 min read
Starbucks Posts First US Sales Growth in Two Years as CEO Serves up Grande Vision

Photo by TR via Unsplash

2 min read

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