The Daily Upside

Banking

Wall Street’s Elite Get Serious About Debt Alarmism

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JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink sounded off last week about higher deficit spending in the US.

2 min read
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

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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

Advisor Upside

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

Bloom Energy, Brookfield Form $5B Partnership Reimagining AI’s Power Supply

Photo by Alex Shuper via Unsplash

2 min read
Adobe Wants to Frame Digital Content Creation

Photo via U.S. Patent and Trademark Office

1 min read
For PayPal Stablecoin Partner, $300T Error Is More Minor Mishap Than Real Risk

Photo via Andre M. Chang/ZUMAPRESS/Newscom

2 min read

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