The Daily Upside

The Hot Trend for Americans Cutting Back on Alcohol, If Only a Little

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Functional beverages — drinks producers tout as having health benefits because they have been infused with bioactive compounds.

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Political Conventions Bring in Less Money Than Promised

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The economic impact on host cities of political conventions’ like the DNC and RNC are not quite as advertised

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As the Election Draws Near, New Sectors are Trying their Hands at Lobbying

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While the usual suspects are steadily spending more money on political lobbying, specific and quite new industries are diving in headfirst.

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Can the Enhanced Games Get the World Hooked on Steroids?

Photo illustration by Connor Lin / The Daily Upside, Photos by Ben Gingell and Tatiana via iStock

After nearly 3,000 years, the business of the Olympics is ripe for disruption. Could performance enhancing drugs shake up the games?

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US Regulator Finds ‘Unacceptable’ Deficiency Rates At Audit Firms

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The Public Company Accounting Oversight Board called out an “unacceptable” level of deficiencies at the country’s biggest auditors.

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The UK’s Higher-Education Sector is Trying to Dodge a Finance Crisis

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The UK’s top-notch schools are a premier destination for international students, and education is a big part of the economy.

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Healthcare, Pharma Companies Surge on WHO Mpox Declaration

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The World Health Organization has declared mpox to be a public health emergency, and pharmaceutical and healthcare winners have emerged.

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Salesforce Patent Highlights Alternatives to Third-Party Cookies

Photo via U.S. Patent and Trademark Office

The tech highlights the ongoing privacy conversation surrounding these bite-sized trackers.

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Tesla’s Data Protection Patent Could Personalize Robotaxis

Photo via U.S. Patent and Trademark Office

But data aside, many have cast doubt on the company’s plan for autonomous ridesharing.

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Raytheon Patent Highlights Use Cases and Risks of AI in Defense

Photo via U.S. Patent and Trademark Office

Raytheon’s patent to create sophisticated synthetic image data could allow the firm to generate large, robust datasets.

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Mars Scores Biggest Acquisition Ever with Pringles Maker

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Mars announced on Wednesday that it has agreed to buy snack maker Kellanova, a spin-off from Kellogg’s, for a mouth-watering $35.9 billion.

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GoDaddy Is Flooring It to the Top of the S&P

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GoDaddy now sits just outside the top 10 performing companies in year-to-date returns, outpacing everyone in the Mag-7 except for Nvidia.

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Mortgage Refinancings Surge as Rates Drop, Inflation Cools

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As mortgage rates drop, current homeowners are using the opportunity to refinance their mortgages at the fastest pace since 2022.

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UBS Quarterly Profit Doubles Market Forecast

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UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.

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Starbucks Abruptly Dumps CEO, Poaches Chipotle Boss

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For Starbucks chief Laxman Narasimhan, the daily grind is over. The embattled coffee chain named Chipotle CEO Brian Niccol his successor.

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Paramount Closes TV Studio, Lays Off 15% of Staff

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As Paramount moves under the control of Skydance Media, current leadership is undergoing a campaign to realize half a billion in savings.

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No One’s Having Fun Making Planes

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Airbus hasn’t been able to capitalize much on Boeing’s misfortunes thanks to its own workforce and supply chain issues.

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Advisors Turn to Substack to Tune In New Clients

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The online newsletter platform is providing advisors with the tools to maintain and attract new wealth management clients.

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Can ‘Gen-2’ Robo-Advisors Take On Wall Street?

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With advancements in artificial intelligence, new tools and deeper personalizations may soon be at investors’ fingertips.

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Betting on Volatility? Cboe Plans to Launch Options on VIX Futures

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Attaching options to futures contracts adds more complexity, but the exchange says it may also help protect investments against uncertainty.

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Advisor Upside

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

Can ‘Terror Management Theory’ Explain Inheritance Spending?

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Meet the BlackRock ETF Taking Aim at Invesco’s QQQ

Photo via Erik McGregor/Sipa USA/Newscom

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Neurocrine Scoops Up Hunger-Drug Maker in Latest Multi-Billion-Dollar Pharma Deal

Photo via Andre M. Chang/ZUMAPRESS/Newscom

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