The Daily Upside

ETF Upside

ETFs Lag Mutual Funds in Advisors’ Income Allocations

Photo by Alexander Mils via Unsplash

Cash is king, but income-generating mutual funds and ETFs are increasingly being used for clients, Nasdaq found.

1 min read
Semiconductors

Nvidia Markets New ‘Robot Brain,’ Yours for Just $3,499

Photo via Nvidia

In May, revenue at Nvidia’s automotive and robotics businesses, which are reported together, posted $567 million in sales.

2 min read
Consumer

Keurig Dr Pepper Adds Peet’s Coffee to Soon-to-Fracture Beverage Empire

Photo by Diego Calabrese via Unsplash

After the Peet’s acquisition, Keurig Dr Pepper says it will split into two companies: one focused on coffee and the other on soft drinks.

2 min read
Blockchain

Ethereum Battles Bitcoin for Wall Street Whales

Photo by Kanchanara via Unsplash

Both of the two biggest cryptos surged on Friday after Federal Reserve Chair Jerome Powell hinted at a September rate cut.

2 min read

Advisor Upside

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

Banking on a Fed Rate Cut Today, Investors Look for Hints of What’s Next

Photo via Annabelle Gordon/Sipa USA/Newscom

1 min read
UPS Eliminates 48,000 Jobs While Working Toward $3.5 Billion Cost-Cutting Target

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

2 min read
Microsoft, OpenAI (Finally) Finalize Terms of Not-Quite Divorce

Photo via Mattie Neretin/Sipa USA/Newscom

2 min read

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