The Daily Upside

Healthcare

Moderna Is Still Stuck in Post-COVID Limbo

Photo by Mufid Majnun via Pexels

Moderna walked a tightrope trying to convince shareholders it can both develop a new portfolio of drugs and keep costs down in the process.

2 min read

Today’s Upside

Recent News

Industrials

Europe Wants to Wean Itself off SpaceX

Photo via ESA – M. Pédoussaut

A new kind of European rocket plans to take off from the European Space Agency’s launch pad in French Guiana.

1 min read
FA Upside

Social Media Is Making Advisors’ Jobs Harder

Photo by Camilo Jimenez via Unsplash

Digital media is having an impact on advisors and making it more difficult to provide financial advice.

1 min read
Economics

America’s ‘Left Behind’ Counties Make a Comeback (of Sorts)

Photo by Eric Prouzet via Unsplash

America’s “left behind” counties — which fell behind the rest of the country beginning in the early 2000s — aren’t so far behind…

1 min read
Regulation

Boeing Pleads Guilty to Felony Fraud Charges

Photo by National Transportation Safety Board via Public Domain Mark 1.0

Boeing has pleaded guilty to a felony charge of conspiring to defraud the federal government after two 737 MAX crashes that killed 346 people.

2 min read
FA Upside

Risk-Free Investing? These ETFs Offer 100% Downside Protection

Photo by Hapabapa via iStock

Buffered ETF strategies can help financial advisors and money managers navigate cash positions as interest rates edge higher.

2 min read
Patent Drop

Meta’s “Skin Vibration” Authenticator Gets Up-Close and Personal to Combat Deepfakes

Photo via U.S. Patent and Trademark Office

Offering up more in-depth personal biometrics may not be a cure-all to cybersecurity woes.

2 min read
Markets

Bankrupt Crypto Exchange Repayments Shakes the Bitcoin Market

Photo by Michael Förtsch via Unsplash

Mt. Gox is finally paying off its roughly $9 billion debt to former customers, highlighting how much the bitcoin market evolved.

2 min read
Patent Drop

Apple Patent Highlights Upcoming AI Integrations for Vision Pro

Photo via U.S. Patent and Trademark Office

Apple Intelligence integrations are reportedly in the works for the company’s debut headset

2 min read
International Economics

French Reject Far-Right as Leftist Coalition Nabs Shock Election Victory

Photo by Rodrigo Kugnharski on Unsplash

After a coalition of socialists and greens won a shock upset in France’s parliamentary elections, markets still need time to digest.

2 min read
Patent Drop

Microsoft Data Patent Walks the Line of Privacy Versus Nuance in AI Training

Photo via U.S. Patent and Trademark Office

Though keeping privacy front-of-mind could help avoid AI-related data breaches, balancing privacy and nuance in data may be tricky.

2 min read
Energy

The UK’s New Government Opens the Door to Renewables Investment

Photo by UK Parliament via CC BY 3.0

The United Kingdom’s newly empowered Labour has promised big shifts in the UK’s energy policy. But will it deliver?

2 min read
Industries

America’s Auto Industry Can Learn a Thing or Two from Japan

Photo illustration by Connor Lin / The Daily Upside

US manufacturers might not have the best grasp on what drivers want. The ones who seem to know reside about 6,000 miles away in Japan.

4 min read
M&A

Saks-Neiman Marcus Merger Lures Amazon, Salesforce Into Luxury

Photo by NoDerog via iStock

The owner of Saks Fifth Avenue reached a deal to acquire rival Neiman Marcus for $2.65 billion, the companies announced Thursday.

2 min read
Markets

Tech, Drugs, and Yoga Wear: These Stocks aren’t Doing so Hot

Photo by Ajay Suresh via CC BY 2.0

We looked at the top-performing companies on the S&P 500, and it was all Big Tech riding the artificial intelligence wave.

2 min read
Media & Entertainment

‘Minecraft’ Hedges Its Bets on Gaming

Photo by Rufus46 via CC BY-SA 3.0

Mojang Studios, the gaming studio behind “Minecraft,” is exploring new revenue streams like merchandising, education, and content-streaming.

1 min read
FA Upside

Robinhood Taps Into AI with Acquisition of Pluto Capital

Photo by PiggyBank via Unsplash

Artificial intelligence has graced us with a tech-heavy stock market, but it still remains dicey territory when it comes to investing.

2 min read
Real Estate

New York’s Real Estate Market May Be Starting to Turn

Photo by Joshua Armstrong via Unsplash

Manhattan is now home to over 8,000 for-sale apartments, or around 1,000 more than the 10-year average. That’s a 9.8-month supply.

2 min read
Electric Vehicles

Tesla Sales in Reverse Gear For Second Straight Quarter

Photo by Dark Matter via Unsplash

Tesla’s sales fell for the second straight quarter, marking its first back-to-back sales drops since 2012. But its stock still rose 10%.

2 min read
Energy

Shell Pulls Back on Big Biofuel Plant

Photo by Jethro Carullo via Unsplash

Shell is hitting pause on a major biofuel project in the Netherlands, one of the biggest in Europe, to consider market conditions.

2 min read
Finance

Keith Gill Briefly Faces Legal Heat Over His GameStop Shares

Photo by Will Buckner via CC BY 2.0

Keith Gill — a.k.a. Roaring Kitty — got slapped with a lawsuit alleging a pump-and-dump scheme involving his GameStop shares.

1 min read