The Daily Upside

Big Tech

How Amazon Web Services Became King of the Cloud

Photo via Connor Lin / The Daily Upside

Amazon is crushing in the cloud services industry. Usurping it would necessitate a monumental shift in the tech industry writ large.

5 min read

Today’s Upside

Recent News

Healthcare

Medicare to Cut Costs on 64 Drugs, May Influence Private Insurance Prices

Photo by Haley Lawrence via Unsplash

The Department of Health announced this week that Medicare is cutting prices for dozens of prescription drugs that have outpaced inflation.

2 min read
Big Tech

AI Started a New Storm in Geopolitics

Photo by Solen Feyissa via Unsplash

As the AI market matures, there is a stark realization in public sectors elsewhere that this is America’s AI world.

2 min read
Media & Entertainment

A24 Scores Another Valuation Level-Up

Photo by Avel Chuklanov via Unsplash

Independent film and TV house A24 scored a $100 million investment at a valuation of $3.5 billion in its second fundraise in as many years.

2 min read
Consumer

America’s Casual Dining Sector in Flux as Customers Want Value and Premium

Photo by Anthony22 via CC BY-SA 3.0

The casual dining industry has been on the brink of destruction for a long time. Now, many in the sector are starting to fall off the edge.

1 min read
M&A

LVMH Clocks in With L’Epée 1839 Acquisition as CEO Takes Surprise Stake in Rival

Photo by Jérémy Barande, Ecole Polytechnique Université Paris-Saclay via CC BY-SA 2.0

LVMH Moët Hennessy Louis Vuitton acquired Spiza, the parent of high-end Swiss watchmaker L’Epée 1839, on Monday.

2 min read
Healthcare

Wegovy Finally Gains Regulatory Approval in China

Photo via Novo Nordisk

Novo Nordisk scored approval to sell its Wegovy weight loss drug in China. That’s a big win, but competitors will soon flood in.

2 min read
FA Upside

Schwab Wants in on Vanguard’s ‘Massive’ Share-Class Edge

Photo by Djkeddie via CC BY-SA 4.0

2 min read
FA Upside

Finfluencers in Crosshairs of Latest FINRA Lawsuit

Photo via Finra

The online broker TradeZero allegedly did not properly oversee paid online marketing materials created by social media influencers.

2 min read
FA Upside

What Ken Fisher’s Nearly $13B Valuation Means for RIAs

Photo via Connor Lin / The Daily Upside

The eye popping private-equity deal for famed Fisher Investments is a boon for financial advisors.

3 min read
Private Equity

Pringles Packaging Maker’s Acquisition Offers Rare Pop Amid Private Equity Buyout Crunch

Photo by Surja Sen Das Raj via Unsplash

KPS Capital Partners sold Eviosys to Sonoco for $3.9 billion after paying $2.7 billion in 2021, a rare buyout windfall in 2024.

2 min read
Indicators

US Households Get More and More Comfortable with the Stock Market

Photo by Chenyu Guan via Unsplash

Almost half of all US households’ financial assets are tied to public stocks, a near-record high, according to recent Federal Reserve data.

1 min read
Big Tech

Europe Goes to War with Apple

Photo by European Union, 2024 via CC BY 4.0

The European Commission accused Apple of breaching the anti-steering app store rules included in the relatively new Digital Markets Act.

2 min read
Healthcare

The Costs of Healthcare Hacks Are Mounting

Photo by National Cancer Institute via Unsplash

As the frequency of cyberattacks on healthcare systems and hospitals increases, so too do the costs for preventing them.

2 min read
Consumer

Forget Burgers, Chicken, and Coffee. Chipotle is in a League of Its Own.

Photo by Raysonho via CC0 1.0

Chipotle is the only food chain among the top 20 best-performing stocks on the S&P 500 this year. So what’s the secret to its success?

2 min read
Energy

After Oil, the UAE Wants to be a Renewables Giant

Photo by Thomas Reaubourg via Unsplash

With oil in decline, Masdar, the United Arab Emirates state-backed renewables company, is on an acquisition shopping spree.

1 min read
Media & Entertainment

Does TV News Have a Home in the Streaming Era?

Photo illustration by Connor Lin / The Daily Upside, Photos by Upklyak and Pikisuperstar via Freepik

Big Tech loves movies, TV shows, and live sports. So why has it shown remarkably little appetite for the TV news business?

6 min read
Media & Entertainment

Polling Firm YouGov is Having a Surprisingly Bad Year

Photo by Edmond Dantès via Pexels

You’d think the biggest election year in history would be good news for pollsters. In the case of YouGov, you’d be wrong.

1 min read
International Economics

Amid Wars and Economic Malaise, Latin America Could Be a Place to Grow

Photo by Alex Proimos via CC BY 2.0

While most of the world faced a decrease in foreign direct investment (FDI) last year, Latin America stood as a strong outlier.

1 min read
Big Tech

Booking.com Hates That Europe Says It’s Big Tech

Photo by John Tekeridis via Pexels

Booking.com is officially a member of Big Tech. At least, according to the European Union’s Digital Markets Act.

2 min read
Patent Drop

Microsoft Coding AI Patent Highlights Ethics Concerns with Productivity Tools

Photo via U.S. Patent and Trademark Office

A Microsoft patent for a machine learning-based coding tool underscores the potential pitfalls of relying too much on AI for productivity.

2 min read