The Daily Upside

Advisor Upside

Billionaires Inherit More Wealth Than They Make

(Photo by Quan Nguyen via Unsplash)

Newly minted billionaires got more of their money from inheritance than, well, making money, according to UBS.

1 min read
Patent Drop

Google May Use Drones to Keep Data Centers Healthy

Photo by Josh Sorenson via Unsplash

Google’s filing emphasizes the importance of continuity of services among cloud providers.

2 min read
Patent Drop

Ford Patent Seeks to Keep EV Batteries Running

Photo by James Penner via Unsplash

Given that EV batteries are a hot commodity, the tech could help cut costs for fleet operators.

2 min read
Patent Drop

Amazon is Narrowing the Gap in the AI Race

Photo by Web Summit via CC BY 2.0

The company filed a patent for a way to make AI models easily using pre-built machine learning models.

3 min read

Healthcare

Cigna, Humana Eyeing a Merger

Photo via Connor Lin / The Daily Upside

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read
Artificial Intelligence

Stability AI Is Reportedly Shopping Around for a Buyer

(Photo by UK Government via CC BY 2.0)

Stability AI, the startup behind AI-powered image-generator Stable Diffusion, is reportedly shopping itself to potential acquirers.

2 min read
Autos

GM Sets Out to Soothe Shareholders with Spending Cuts, Dividend Boost

(Photo by Brad Killen via Unsplash)

America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.

2 min read
OP-ED | Power Corridor

Why Wall Street Is Betting On Nikki Haley

Photo by Gage Skidmore under CC BY-SA 2.0

She can beat Biden, but first she has to neutralize Trump.

4 min read

Power Corridor

Risk On…Despite Everything?

Interest rates and risk appetite to set the table for 2024…

2 min read
OP-ED | Power Corridor

U.S. Holiday Spending Smashes Records, But Cash Crunch Seen Ahead

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Signs are mounting that consumers are finally feeling the pinch.

1 min read
Banking

Barclays Wants to Ditch Thousands of its Clients

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Barclays is considering a Marie Kondo approach to its investment banking business, potentially dropping thousands of clients.

2 min read
Industrials

Virgin Atlantic Logs First Transatlantic Flight on 100% ‘Sustainable’ Jet Fuel

(Photo by Bill Abbott via CC BY-SA 2.0)

On Tuesday, Virgin Atlantic conducted the first transatlantic flight by a commercial airliner fully powered by sustainable aviation fuel.

1 min read

Big Tech

Meta’s Paid Ad-Free Plan Gets Hit With Privacy Lawsuit

Photo by Anthony Quintano via CC BY 2.0

Mark Zuckerberg’s newest nemesis, Max Schrems, says Meta’s new pay-for-privacy subscription doesn’t comply with EU laws.

2 min read
Finance

Wall Street is Pricing in Interest Rate Cuts

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Increasingly, Wall Street thinks we see rate cuts soon, according to a Wall Street Journal analysis published Monday.

2 min read
Big Tech

Amazon’s Healthcare Dreams Are Fractured

(Photo by National Cancer Institute on Unsplash)

Amazon, along with its Big Tech brethren, has long been trying to break into the healthcare market. But it’s not going as planned.

2 min read
International Economics

UK Flushed with Immigrants, Labor Market Remains Tight and Unfilled

(Photo by Nick Fewings on Unsplash)

The United Kingdom is putting back up the “Help Wanted” sign it tore down with Brexit as it looks to fill one million open jobs.

1 min read
Patent Drop

Special Report: Patent Drop’s Gift Guide of the Future

Bastian Riccardi on Unsplash

Consumer tech is getting up close and personal this holiday season.

7 min read
Indicators

Healthcare Hiring Boom Buoys Job Market

(Photo credit: CDC/Unsplash)

A white-hot healthcare sector powered an much of the job growth in the past six months, according to a Wall Street Journal analysis.

1 min read
Autos

Toyota’s Hybrids Are Having a Moment

(Photo Credit: Andrew Roberts/Unsplash)

Tesla has gone all-in on electric vehicles, but Toyota is getting to say “I told you so” with its focus on hybrids.

2 min read
Industrials

The UN Wants You to Eat Less Meat

Photo by Kelly Sikkema/Unsplash

The UN’s is expected to deliver a comprehensive road map to realign global food systems with carbon-emissions goals.

1 min read

Advisor Upside

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

Johnson & Johnson Buys Prostate Cancer Treatment-Maker Halda for $3.1 Billion

Photo by SiyueSteuber via iStock

2 min read
Jeff Bezos Shifts from Society Page Back to Business Section with Startup C-Suite Role

Photo via Destafanis/Fotogramma/ZUMAPRESS/Newscom

2 min read
Goldman May Feast on Biggest Piece of M&A Pie in Nearly a Quarter Century

Photo via Kobe Li/Nexpher Images/Sipa USA/Newscom

2 min read

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