The Daily Upside

Personal Finance

Ripped Job Market Swipes Left on New Grads

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For the first time in decades, recent college grads have a higher unemployment rate than the rest of the economy.

2 min read
ETF Upside

Asset Managers Aren’t Playing the Dual Share Class Waiting Game

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One firm is converting a $12 billion mutual fund to an ETF, and it isn’t alone in doing so before the SEC approves dual share classes.

2 min read
ETF Upside

Trump’s Truth Social Files for Bitcoin ETF

Photo via May James/ZUMAPRESS/Newscom

The ETF, named after Truth Social, will be managed by Trump’s new fintech, Truth.fi.

1 min read
ETF Upside

Proxy Warfare

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Proxy advisors are accused of being cartels, but shareholder advocates say they side with corporations in nearly all voting recommendations.

2 min read

Healthcare

Why Healthcare Gets Hit Hardest With Cyberattacks

Photo illustration by Connor Lin / The Daily Upside

Cyber-criminals often see healthcare firms’ shoddy protection as a “pot of gold.”

4 min read
Advisor Upside

Does Gold Still Make Sense After Hitting All-Time Highs?

Photo illustration by Connor Lin / The Daily Upside, Photos by Krittiraj Adchasai and Cherezoff via iStock

Despite a pullback in May, the speed of the rally took even longtime gold watchers by surprise.

4 min read
Media & Entertainment

NBA Finals Kick Off With an Old (Footwear) Friend

Photo via Ringo Chiu/SOPA Images/Sipa USA/Newscom

An increasing share of NBA endorsement deals has been spread among shoe firms fighting for a piece of Nike’s market share.

2 min read
Blockchain

Circle Spirals Upward in $1 Billion IPO

Photo via Milo Hess/ZUMAPRESS/Newscom

This is Circle’s second attempt at going public, after its reverse SPAC in 2022 sputtered under regulatory scrutiny.

1 min read

International Economics

Tariffs Deliver Record Drop in US Trade Deficit

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Does the deficit crunch mean the US has won the first big battle of the trade war? Well, that’s a complicated question

2 min read
CIO Upside

Google Patent Helps You Fix Your Prompts

Photo via U.S. Patent and Trademark Office

Making the most of large language models requires some guidance.

1 min read
CIO Upside

Why It’s So Hard to Modernize Your Outdated ERP

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Fractured ERP systems are “going to get fewer returns on your investment.”

1 min read
CIO Upside

AI’s Potential Marketing Payoffs Come With Outsized Brand Risks

Photo via Algi Febri Sugita/ZUMAPRESS/Newscom

“It’s more than simple streamlining. It’s about outsourcing brand decisions.”

2 min read

Industrials

Countries Fight Over Periodic Table as China Hoards Rare Earths

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As China tightens its grip on rare earths exports, one of its most crucial bargaining chips, the global supply chain is showing cracks.

2 min read
Banking

Unshackled Wells Fargo Fights to Regain Momentum Lost in Penalty Box

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Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.

2 min read
Indicators

US Service Economy Suffers Unexpected Trade War Blow

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The surprising news comes just ahead of an all-important jobs report from the Labor Department due out Friday.

2 min read
Advisor Upside

There’s Almost 600K More Millionaires. That’s Not Necessarily a Good Thing

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Most children of HNW clients plan to switch advisors within two years of an inheritance.

2 min read
Advisor Upside

Goldman, Morgan Stanley, JPMorgan Layoffs to Hit Northeast

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The major Wall Street firms plan to lay off hundreds of workers in June.

2 min read
Advisor Upside

Wedbush and Dan Ives Launch AI Revolution ETF

Photo by Christina Morillo via Pexels

The fund, based on Ives’ proprietary research, targets companies leading the charge in robotics, semiconductor chips, retail products, and more.

2 min read
Artificial Intelligence

Palantir Becomes Trump Trade’s Big Winner

Photo via Richard B. Levine/Newscom

Palantir’s share price has soared some 77% year-to-date on the backs of key federal government contracts, to hit a record valuation on Monday.

2 min read
Private Equity

Thoma Bravo’s $34B Win Leaves PE Rivals Choking on Exhaust Fumes

Orlando Bravo, founder and managing partner of Thoma Bravo. Photo by Joe Budd via CC BY-SA 4.0

Private equity is stuck in a cycle of fewer exits, fewer returns, and fewer backers willing to sign up for new funds.

2 min read

Advisor Upside

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

BlackRock’s IBIT Is Nearing $100B in AUM. Everyone Else Might Be Chasing ‘Crumbs’

Photo by Michael Förtsch via Unsplash

2 min read
Why Just 8% of ETFs Raked in Half of Inflows This Year

Photo by Fernando Santander via Unsplash

2 min read
MEME ETF Rises From the Grave

Photo by Getty Images via Unsplash

1 min read

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