The Daily Upside

Blockchain

Bitcoin Tops $120,000 With Congress Poised to Consider Key Crypto Bills

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Nothing to boost an asset class like the most powerful legislative body in the world holding a week in your honor.

2 min read
Big Tech

Meta Investors Want Zuckerberg to Reimburse the Company

Photo via Tom Williams/CQ Roll Call/Newscom

In a trial that kicks off this week, a group of Meta investors are suing Zuck for concerns surrounding the Cambridge Analytica scandal.

2 min read
Banking

Inflation Data and Bank Earnings Kick Off a Crucial Test for Markets

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The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.

2 min read
Advisor Upside

States With the Highest AUM Potential Per Advisor

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Recent industry research based on household net worth data shows certain states have higher AUM potential than others.

2 min read

Advisor Upside

What iCapital’s $820M Funding Means for Private Markets

Photo via imageBROKER/Timon Schneider/Newscom

The firm said the funding will go toward acquisitions and tech innovation.

2 min read
Advisor Upside

BFFs? A Third of Gen Z Intends to Leave Inheritance to Friends

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Nearly a third of US adults plan to leave a financial gift, but only a fifth expect to receive one, per Northwestern Mutual.

2 min read
CIO Upside

Why Open Source AI May Be a ‘Marginal Player’

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It may be better to think small when considering open source.

2 min read
CIO Upside

Why Security and AI Need to Grow Hand in Hand

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Zero trust might be the best place to start.

2 min read

CIO Upside

Microsoft Explainability Patent Highlights Need for AI Trustworthiness

Photo via U.S. Patent and Trademark Office

These technologies still have some trustworthiness issues.

1 min read
Healthcare

WeightWatchers Returns With a Plan for the New GLP-1 World

Photo by Sundry Photography via iStock

Weight Watchers went bankrupt in May, but now it promises it’s trimmed the fat off its books and is ready to rejoin the Nasdaq.

2 min read
Artificial Intelligence

CoreWeave, Once the Year’s Hottest AI Stock, Takes Extended Tumble

Photo via Jimin Kim/ZUMAPRESS/Newscom

CoreWeave was the hottest stock on the block after its March IPO, but investors are now concerned its explosive valuation went a little far.

2 min read
Technology

Zuckerberg Shells Out Lavishly for Superintelligence Super Team

Photo via Michael Brochstein/ZUMAPRESS/Newscom

Meta’s Mark Zuckerberg continued his run of poaching AI talent from competitors with salaries that would make Lebron James blush.

2 min read

ETF Upside

Vanguard Expands Fixed-Income Menu with 3 Treasury ETFs

Photo via Budrul Chukrut/ZUMAPRESS/Newscom

The firm has launched nine total fixed-income ETFs this year.

2 min read
ETF Upside

Tariff Fallout Hasn’t Hit Markets Yet. Issuers Say That Could Change

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Strategists from Allianz and Invesco are cautioning investors about market performance in the second half of the year.

2 min read
ETF Upside

Trump Media Files for Third Crypto ETF

Photo via CNP/AdMedia/SIPA/Newscom

Trump’s media company has filed for a third crypto-focused ETF that would hold Bitcoin, Ether, Solana, Cronos and XRP.

2 min read
Economics

Bet Your Bottom Dollar: Can the Sinking US Greenback Bounce Back?

Photo illustration by Connor Lin / The Daily Upside

The dollar is the most important currency on earth, adding up to 57.7% of global currency reserves in the first quarter.

5 min read
Advisor Upside

Record RIA Growth Is Great. Here’s the Catch

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Popov via iStock

Investment Adviser Industry report shows where and how the advice industry is evolving.

4 min read
Consumer

Ferrero Puts Snap, Crackle and Pop into Its Earnings With WK Kellogg Acquisition

Photo via Michele Eve Sandberg/Sipa USA/Newscom

Ferrero previously bought Nestlé’s US candy biz for $2.8 billion, as well as chocolate-maker Fannie May and RedHots owner Ferrara.

1 min read
Industrials

Pentagon to Take $400 Million Stake in Rare Earth Miner Outside Vegas

Photo by Getty Images via Unsplash

China accounts for nearly two-thirds of raw material production and 90% of the manufacturing of rare earth magnets.

2 min read
Industries

Delta Air Lines Projects Clearer Skies Ahead

Photo by Isaac Struna via Unsplash

There were some rough skies for a couple months there, but Delta seems to think it has now punched through to the other side.

2 min read

Advisor Upside

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

Investor Summit Gives Bank of America a Chance to Soothe Angsty Investors

Photo via Avalon/Newscom

2 min read
Novo Nordisk’s $10 Billion Bid Ups the Ante in Bidding War for Obesity Biotech Metsera

Photo via Mads Claus Rasmussen/ZUMAPRESS/Newscom

2 min read
Wall Street Leaders’ Fears of Froth Finally Bubble into Markets

Photo via JOHN ANGELILLO/UPI/Newscom

2 min read

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