The Daily Upside

ETF Upside

How ETF Issuers Are Expanding Outside the US

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Janus Henderson is the latest manager to look across the pond.

2 min read
Big Tech

Blackstone Invests $5 Billion in New Neocloud Partnership with Google

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Blackstone, already the world’s largest private owner of data centers, will provide an initial $5 billion investment.

1 min read
Consumer

Newborn Unicorn Radar Helps Retailers Fight Losses Beyond Shoplifting

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Retailers panicked during the pandemic about shrink, a catchall term for any loss in inventory including theft.

2 min read
Real Estate

Homebuyers Venture Back into Market Despite Broader Economic Gloom

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NAR announced that pending home sales rose 1.4% in April from the previous month, and 3.2% year-over-year.

2 min read

ETF Upside

New Leveraged ETFs to Target AI, Semiconductor Manufacturing

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Two prominent providers are bringing 2x strategies to the world of software investing.

1 min read
Advisor Upside

ChatGPT Can Now Give Advice By Linking to Clients’ Bank Accounts. Can They Trust It?

Photo via Ahmed Fesal Bayaa/ZUMAPRESS/Newscom

OpenAI unveiled a new suite of personal finance tools last week, but how helpful they will be is still up for debate.

2 min read
Advisor Upside

Digital Custodian Altruist Takes On Schwab, Fidelity With New RIA Model

Photo via Altruist

The affiliate model itself is nothing new, but it’s novel for a custodian.

2 min read
Industrials

SpaceX Rocket Test Sets Stage for Record IPO

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SpaceX is scheduled to hold a crucial flight test of its Starship rocket prototype, developed as part of NASA’s Artemis program.

1 min read

Energy

NextEra Energy Predicts Dominion Takeover Will Reduce Customers’ Power Bills

Photo via Kendall Warner/TNS/Newscom

The smaller company in the deal, Dominion Energy, powers the world’s data center capital in northern Virginia.

2 min read
Consumer

Retail Earnings Likely to Spotlight Inflation’s Bruising Grip on Low-Income Consumers

Photo via Michele Eve Sandberg/Sipa USA/Newscom

The reading on the University of Michigan’s consumer sentiment survey has recently plummeted to near all-time lows.

2 min read
Advisor Upside

How to Help Clients After the $124T Great Wealth Transfer

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An advisor’s role doesn’t end after an inheritance.

2 min read
ETF Upside

Inflation Is Heating Up. So Are These TIPS Funds

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2 min read

ETF Upside

DRAM’s Success Leaves Investors Looking for the Next Bottleneck Trade

Photo by Getty Images via Unsplash

1 min read
Banking

Revolut Develops Private Bank as More Euro Firms Pursue Wealth Management

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European banks are navigating a tricky landscape due in part to strict capital rules that they say make it tough to compete with Wall Street.

1 min read
Blockchain

Zcash Surges on Nostalgia for Crypto’s Early Days

Photo via BeneathBlue

Ten-year-old Zcash is a near carbon-copy of bitcoin, with a supply that’ll never exceed 21 million tokens and a four-year halving cycle.

2 min read
Semiconductors

AI Market Braces for Bellwether Nvidia Earnings Report

Photo via Jeanne Accorsini/SIPA/Newscom

The US did approve 10 Chinese firms as buyers for the H200, Nvidia’s second-most powerful AI chip, though no purchases have yet been made.

2 min read
ETF Upside

BlackRock, State Street Launch Tokenized Stablecoin Products for Institutional Investors

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BlackRock filed for two tokenized money-market funds, while State Street debuted an onchain cash-management product.

2 min read
Advisor Upside

Why Advisors Are Betting on AI Infrastructure Over Apps

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

Even legacy tech companies like Intel and Dell Technologies are riding the AI wave with major stock gains this year.

5 min read
Artificial Intelligence

In AI Chip Race, Nvidia’s Biggest Customers Become Competitors

Photo illustration by Connor Lin / The Daily Upside, Photos by Hapabapa via iStock and Vincent Isore, Florian Gaertner, imageBROKER/Mojahid Mottakin, Andrej Sokolow, Wladimir Bulgar/Science Photo Library, and Kyodo via Newscom

The types of chips that will keep AI’s momentum up are different from those that trained it, creating an opening for rivals to Nvidia.

4 min read
Retirement Upside

How State Auto-IRAs Are Changing Retirement Savings

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Total assets in the programs reached more than $3 billion at the end of April.

2 min read

Advisor Upside

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

SEC Isn’t Ready to Bet on Prediction Market ETFs Just Yet

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2 min read
Addepar CEO Eric Poirier on AI, Alts and the ‘Eternal Optimist’

Photo via Addepar

5 min read
Huawei’s Chip Plans: Ambitious or Unrealistic?

Photo via LONG WEI/FEATURECHINA/Newscom

1 min read

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