The Daily Upside

ETF Upside

Direxion to Shutter 10 ETFs in April

Photo by Pedro Novales via Unsplash

The firm is closing and liquidating ETFs meant for sophisticated traders, with many of the funds focused on shorting individual stocks.

1 min read
Electric Vehicles

Tesla’s $4.3 Billion Not-so-Secret Is Officially Out

Photo via Fang Zhe / Xinhua News Agency/Newscom

The battery cells Tesla is buying will be produced at a plant in Lansing, Michigan, previously run by LG and General Motors.

1 min read
Consumer

K-Shaped Buffer Helps Delta Soar Above Airline Industry’s Fuel Price Woes

Photo via imageBROKER/Markus Mainka/Newscom

The airline raised its revenue guidance on Tuesday to high-single-digit growth through March from the previously reported 5-7% growth.

2 min read
Blockchain

Mastercard Embraces Digital Future with $1.8 Billion Bet on Stablecoin

Photo via IMAGO/Michael Bihlmayer/IMAGO/Bihlmayerfotografie/Newscom

It’s a move that could help secure Mastercard’s place in not just the crypto world of tomorrow, but the AI-driven one too.

2 min read

Advisor Upside

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

AI Drug Designer Isomorphic Details Lofty Plans for $2.1B in New Funding

Photo via Stephane Lemouton/SIPA/Newscom

1 min read
World’s First Catastrophe Bond ETF Braces for Hurricane Season

Photo by Dannel Malloy via CC BY 2.0

2 min read
Fidelity to Tack Service Fees on 100 More ETFs. Boutique Issuers May Be Hit Hardest

Photo by Sundry Photography via iStock

2 min read

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