The Daily Upside

Consumer

Target Fires the Latest Shot in the Retail Value Wars

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Target announced it will be slashing the prices of some 2,000 products, including food, beverages, gifts, and other home-holiday essentials.

1 min read
Advisor Upside

How Morgan Stanley’s AI Helped Close 100K New Clients This Year

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The investment bank rolled out a suite of AI tools this year and reported almost $64 billion in net new assets in the third quarter alone.

2 min read
Advisor Upside

Can Political ETFs Find Common Ground Ahead of November?

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Several exchange-traded funds that were created to track political themes, are gaining interest ahead of the presidential election.

2 min read
Advisor Upside

CFA Final Exam Success Rate Drops to Below 50%

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The pass rate for the notoriously taxing final level of the chartered financial analyst exam fell further below the decade average of 52%.

2 min read

Markets

Say Goodbye to the Era of Towering S&P 500 Gains, Says Goldman

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Goldman Sachs’ equity strategy team forecasts that America’s blue chip S&P 500 index will bring in infinitesimal returns for the next decade.

2 min read
Artificial Intelligence

Perplexity Wants Its Next Stage of Growth, Legal Troubles Be Damned

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Perplexity is looking for a few hundred million more dollars to scale its burgeoning business — oh, and maybe cover some pesky legal fees.

2 min read
Energy

Hedge Funds are Shorting ESG, With Some Exceptions

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A Bloomberg analysis of roughly 500 hedge funds found that patience for ESG stocks related to the energy transition has run out.

2 min read
Patent Drop

Palantir Patent Highlights Need for Zero-Trust Security in AI

Photo via U.S. Patent and Trademark Office

A patent from Palantir highlights the importance of data security in AI when used in government and defense contexts.

2 min read

Patent Drop

Adobe Seeks AI Motion Patent As Generative Video Race Heats Up

Photo via U.S. Patent and Trademark Office

Major tech firms seemingly see generative video as the next frontier of AI.

2 min read
Patent Drop

Lyft Patent Puts Self-Driving Cars to the Test

Photo via U.S. Patent and Trademark Office

Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.

2 min read
Media & Entertainment

Netflix Has Won the Streaming Wars. So What Comes Next?

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Netflix reported another stellar earnings result, featuring its biggest quarterly profits in company history.

2 min read
International Economics

IMF Worries State of ‘Not Good Enough’ Will Follow Rate Cuts and a Soft Landing

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Of 12 major developed-market central banks, eight are in rate-cutting mode, with Australia, Norway, Japan, and Taiwan the odd men out.

2 min read

Inflation & Prices

CVS Names New CEO Amid Uncertain Retail Pharmacy Landscape

Image Credit: iStock, BackyardProductions

The leadership change comes as the retail pharmacy industry faces thin profit margins, store closures, and layoffs.

2 min read
Media & Entertainment

Women’s Sports Evolves from Moment to Movement

Photo illustration by Connor Lin / The Daily Upside, Photos by CCS Pictures and John Mac via CC BY-SA 2.0 and Rob Prange via CC BY 2.0

Women’s sports have been seen as secondary to men’s. While there’s still a lot of catching up to do, the gender gap is shrinking.

4 min read
Healthcare

Study Suggests Weight-Loss Drugs Like Ozempic May Help Alcoholism, Opioid Addiction

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A new study suggests increasingly popular GLP-1 drugs could help cut opioid and alcohol abuse nearly in half.

1 min read
Finance

Blackstone Thinks It’s High Time for a Public Listing Blitz

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Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.

2 min read
Big Tech

The EU Might Regulate the Muskiverse as One Big Company

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Bad news for X: EU lawmakers might start looking at the companies in CEO Elon Musk’s stable as one interconnected web.

2 min read
Patent Drop

IBM Patent Highlights Security Risks of Quantum Development

Photo via U.S. Patent and Trademark Office

“If quantum computers can break encryption, they can also encrypt in a way that other quantum computers can’t break.”

2 min read
Patent Drop

Microsoft Builds Enterprise AI Stable With Recent Patents

Photo of Microsoft Inter-Document Attention Mechanism patent via U.S. Patent and Trademark Office

Given the company’s dominance in workplace and productivity tech, it may have an edge in embedding generative AI into work routines.

2 min read
Patent Drop

Walmart AI Analytics Patent Highlights Retailer’s Tech Overhaul

Photo via U.S. Patent and Trademark Office

. It may aim to level the playing field with one competitor in particular: Amazon.

2 min read

Advisor Upside

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

Instead of Chasing Alpha, Here Are 4 Ways to Pick the Low-Hanging Apples

4 min read
‘Bucket List’ Vacations Give Way to Budget-Friendlier Trips amid Sky-High Fuel Prices

Photo illustration by Connor Lin / The Daily Upside

4 min read
Most 401(k) Holders Don’t Seek Help from Plan Advisors (But They Want It)

Photo by Getty Images via Unsplash

1 min read

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