The Daily Upside

CIO Upside

Finance Departments Struggle to Balance AI Adoption Risks With Rewards

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Figuring out where to keep a human in the loop is critical for safe deployment.

1 min read
CIO Upside

IBM Patent Seeks to Help AI Models ‘Unlearn’

Photo via U.S. Patent and Trademark Office

Enterprises are still grappling with balancing innovation and risk as the AI race rages on.

1 min read
Markets

SPAC Comeback Draws Renewed Interest from Wall Street

Photo via Jimin Kim/ZUMAPRESS/Newscom

According to SPACInsider data, there have been 58 SPAC offerings so far this year, one more than the total in all of 2024.

2 min read
Semiconductors

Magnificent 7 May Need to Make Room for Broadcom

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Broadcom joined the trillion-dollar club late last year, and its market cap has only continued to climb since.

2 min read

Real Estate

New Home Construction Sinks to Lowest Point Since Pandemic

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It may well be another indicator that the market is finally tipping in buyers’ favor, as the construction industry faces major headwinds.

2 min read
Advisor Upside

What the GENIUS Act Means for Stablecoins and Advisors

US Senator Bill Hagerty. Photo via Aaron Schwartz/Sipa USA/Newscom.

The bill would require tokens to be backed by liquid assets including the US dollar and short-term Treasury bills.

2 min read
Advisor Upside

Why UBS Is the Only Wirehouse to Allow Podcasting

Photo via Gina M Randazzo/ZUMAPRESS/Newscom

For years, Mitch Slater urged UBS to let its advisors launch their own shows. Now, more than 50 advisors have them.

2 min read
Advisor Upside

How Advisors Can Avoid Becoming Over-Reliant on AI

Photo by Tara Winstead via Pexels

Even for grunt work tasks, unchecked AI use can wind up hurting relationships.

1 min read

Advisor Upside

What Advisors Can Learn from the NBA Finals

Photo via Wu Xiaoling/Xinhua News Agency/Newscom

While talent is crucial, success hinges on a leader’s ability to unite individuals behind a common goal.

3 min read
Artificial Intelligence

Musk’s xAI Holds Talks for Another Massive Fundraising Round

Photo via SYSPEO/SIPA/Newscom

To catch up in the AI race, Elon Musk’s xAI is going to have to burn some proverbial rubber — and lots and lots of literal cash.

1 min read
Media & Entertainment

Proposed Crackdown on Pharma Ads Leaves Cable TV Fearing $10B Withdrawal

Photo via Andy Dean/Newscom

The US and New Zealand are the only two countries that allow pharmaceutical companies to directly advertise to patients on TV.

2 min read
Energy

Oil Prices Spike as Israel-Iran Conflict Threatens Production, Shipping

Photo via James Thew/Newscom

With no immediate end in sight, analysts are weighing multiple possibilities that could affect prices down the line.

2 min read

ETF Upside

BlackRock Dumps 14 Funds, Many Being Sustainable Products

Photo via Richard B. Levine/Newscom

The asset manager disclosed that it will close and liquidate the mutual funds and ETFs, including the BlackRock Impact Mortgage Fund.

2 min read
ETF Upside

What the Israel-Iran Conflict Means for Sector ETFs

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ETFs with exposure to shipping and defense have largely held strong despite a series of Israeli missile strikes against Iran.

2 min read
ETF Upside

Fidelity, Franklin Prep Solana ETFs with Staking

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The SEC has warmed up to crypto ETFs and staking, but whether it will approve both in the same package is a question.

1 min read
Personal Finance

AmEx Platinum, Chase Sapphire Reserve Battle for Points in Upgrade Grudge Match

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The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.

1 min read
Industrials

At Paris Air Show, eVTOL Industry Preps for Takeoff

Photo via Cover Images/ZUMAPRESS/Newscom

For key US eVTOL players Joby Aviation and Archer Aviation, the Paris Air Show comes at a critical moment.

2 min read
International Economics

US Flexes Golden Share in Nippon Merger With US Steel

Photo via Kyodonews/ZUMAPRESS/Newscom

The deal is the Trump administration’s attempt to stake out a new path for balancing national security and the influx of foreign capital.

2 min read
Advisor Upside

What the SEC’s Scrapping of Biden-Era Proposals Means for Advisors

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission. Photo via Michael Brochstein/Sipa USA/Newscom.

The agency unveiled a series of senior-level appointments while also nixing 14 rules proposed during Gary Gensler’s time in charge.

1 min read
Advisor Upside

Wells Fargo’s Hot on Energy, Financials. Not so Much on Consumers

Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

The bank outlined where it intends to allocate investments over the next year and a half during a midyear outlook event.

2 min read

Advisor Upside

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

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

4 min read
Worried About Record Stock Market Concentration? Us, Too

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

4 min read
Eli Lilly’s Sterling Results Highlight Rival Novo Nordisk’s Fading Fortunes

Photo by Douglas Cliff via iStock

2 min read

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