The Daily Upside

Finance

Carl Icahn’s Big Bet Against Shopping Malls Hasn’t Exactly Worked Out

(Photo Credit: Viktor Bystrov/Unsplash)

Wall Street legend Carl Icahn bet big and — so far — has lost big on a wager against US shopping malls by way of a risky derivative strategy.

2 min read
Electric Vehicles

EV Makers Still Waiting for Their Cars To Be the Next Big Thing

(Photo Credit: Andrew Roberts/Unsplash)

People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.

1 min read
Indicators

Recession Increasingly Unlikely, WSJ Economist Survey Finds

(Photo by m. on Unsplash)

In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.

2 min read
Patent Drop

Humane’s AI Pin Could Authenticate With Your Heartbeat

Photo by Rajat Bhardwaj under CC BY-SA 2.0

The filing provides a peek at Humane’s debut device ahead of its reveal in mid-November.

3 min read

Patent Drop

Google’s Tech Could Let AI Skip Training

Photo by Mojahid Mottakin on Unsplash

Google may have found a shortcut to develop chatbots. The tech could prove lucrative in helping enterprises integrate their own AI.

2 min read
Media & Entertainment

The Show’s Over: Is Hollywood Moving Past Peak-TV?

Photo by Samantha Borges via Unsplash

A scale back in production was inevitable to achieve positive cash flow. But can Hollywood’s streaming era survive with fewer new TV shows?

6 min read
OP-ED | Power Corridor

SBF’s Adventures in Wonderland

Photo by Pavel Danilyuk on Pexels

Experts weigh in on how the crypto king, Sam Bankman-Fried, got lost in the casino.

6 min read
Consumer

Ikea Slashes Prices Amid Cooling Inflation

(Photo by Czapp Árpád on Pexels)

On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.

1 min read

Electric Vehicles

Chinese EV Suppliers Look to Tap US Market With a Little Help From Friends

(Photo by Kindel Media on Pexels)

Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.

2 min read
Patent Drop

Microsoft Fights Climate Change With Cryogenics

Photo by Salvatore De Lellis on Pexels

Microsoft wants to clean the atmosphere by freezing it. It highlights a big problem with carbon removal efforts: the ginormous price tag.

3 min read
Power Corridor

Goldin Wins Nobel Prize for Studies of Women in Workplace

Photo by Editing1088 under CC BY-SA 4.0

Harvard University labor economist and historian Claudia Goldin, 77, won the Nobel Prize in Economics women in the workforce.

1 min read
Energy

ExxonMobil Buys Pioneer in Massive $60 Billion Deal

(Photo by Pixabay on Pexels)

ExxonMobil announced it will purchase Pioneer Natural Resources for just under $60 billion, marking the largest oil-and-gas deal in decades.

2 min read

Big Tech

Amazon’s Prime Day Isn’t About Sales Anymore

(Photo by Erik Mclean on Pexels)

Amazon’s October Prime sales event wrapped up Tuesday, and this year saw a massive shift in consumer behavior.

1 min read
Patent Drop

Raytheon Adds AI to Cybersecurity Defense Lineup

Photo by Tima Miroshnichenko on Pexels

Raytheon wants AI to create its playbooks for responding to cybersecurity attacks. It could help keep up with sophisticated threats.

2 min read
Policy & Power

The War on Junk Fees Just Got Wider

(Photo by RDNE Stock project on Pexels)

The FTC made a big splash on Wednesday with an announcement that it’s planning new rules to stamp out “junk fees.”

1 min read
Patent Drop

DeepMind Looks at Ways to Make AI Training Less of a Power Drain

Photo by George Gillams under CC BY-SA 2.0

Google’s AI arm wants to save energy when building its models – something needed to keep AI development on track.

3 min read
Power Corridor

Surviving the Roller-Coaster Ride that Is the U.S. Economy

Photo by Itai Aarons on Unsplash

The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.

3 min read
OP-ED | Power Corridor

Multibillion-Dollar Trial Not Going So Well for Sam Bankman-Fried

SBF trial, Caroline Ellison

Star witness and Sam Bankman-Fried’s former girlfriend of Sam Bankman-Fried, Caroline Ellison, says he directed the crimes.

2 min read
Real Estate

It’s Not Just Commercial Landlords Fretting Over New High in Vacancies

(Photo by Jose Losada on Unsplash)

Office vacancy rates in major cities have risen to worrisome levels while investments into commercial real estate are in retreat.

2 min read
Geopolitics

China’s Subsidies Draw More International Wrath

(Photo by Yasin Hemmati on Unsplash)

The EU plans to launch an antitrust probe into China’s domestic subsidies for steelmakers, the Financial Times reported on Tuesday.

1 min read

Advisor Upside

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

Eli Lilly’s Sterling Results Highlight Rival Novo Nordisk’s Fading Fortunes

Photo by Douglas Cliff via iStock

2 min read
Chipotle Struggles as Customers Skip the Guac

Photo by Anne Czichos via iStock

2 min read
Trial Truce: US, China Negotiate Yearlong Trade Détente

Photo via Daniel Torok/WH / Polaris/Newscom

2 min read

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