The Daily Upside

Big Tech

Amazon Pours Another $4 billion into Anthropic

Photo by SounderBruce via CC BY-SA 4.0

It’s not quite Christmas yet, but Amazon is putting cash in the stocking of its favorite AI startup, Anthropic.

1 min read
Personal Finance

The Great Wealth Transfer Might be a Big Mirage

Photo illustration by Connor Lin / The Daily Upside, Photos by Freepik, Banphote Kamolsanei and Cherezoff via iStock

In the coming decades, the Silent Generation and aging Baby Boomers are projected to hand down trillions in wealth. So who will benefit?

4 min read
Healthcare

Novartis Will Pay Up to $1.1 Billion for California Gene Therapy Startup

Photo by Andrew Hecht via CC BY 2.0

Novartis is banking on the startup’s promising treatment candidates for neuromuscular diseases, many of which are genetic in nature.

1 min read
Real Estate

Home Sales Rose in October, But the Trend Won’t Last

Photo by Breno Assis via Unsplash

Sales of used homes in the US rose in October. But it may have been a flash sale, because mortgage rates are already climbing again.

1 min read
Industrials

Fallout from $250 Million Adani Bribery Scandal Hits Three Continents

Photo by William William via Unsplash

Bribe locally, fundraise globally. That pretty much sums up the business ethos of billionaire Gautam Adani as laid out by US prosecutors.

1 min read
Patent Drop

Nvidia May Take Humans out of the Data Center Equation

Photo via U.S. Patent and Trademark Office

The filing signals that the company wants to be a thought leader in the data center space.

2 min read
Patent Drop

Google May Be Giving Glasses Another Go. Will It Succeed?

Photo via U.S. Patent and Trademark Office

Despite its initial fumble with Google Glass, there are a few reasons it may be able to avoid another “glassholes” situation.

2 min read
Patent Drop

Snap Boosts Digital Ad Platform to Compete with Meta, TikTok

Photo via U.S. Patent and Trademark Office

The company’s ad overhaul has largely worked in its favor based on its recent earnings report

2 min read
Advisor Upside

Schwab’s Liz Ann Sonders on Little Birds and the ‘Temperamental Era’

Photo via Charles Schwab

The famed strategist believes the global economy has entered a new phase — and it could get quite a bit rocky.

2 min read
Advisor Upside

Robinhood Targets Wealth Management with TradePMR Deal

Photo by PiggyBank via Unsplash

The free trading platform aims to connect its retail investors to services traditionally saved for wealthier investors.

2 min read
Advisor Upside

Advisors Are Still on the Fence About Crypto. Should They Be?

Photo by Amjith S via Unsplash

It’s important to keep an open mind and take simple steps to determine whether it’s right for your practice.

2 min read
Media & Entertainment

Disney is Still Going Full Steam Ahead on its Cruise Division

Photo by Christian Lambert via Unsplash

The House of Mouse hopes to double the size of its leisure fleet by 2031 in an “unprecedented period of growth.”

1 min read
Industries

Defense Startups Are Riding High

Photo by Alessio Soggetti via Unsplash

Military tech startups are seeing a big boost in their valuations of late, spurred in part by former President Trump’s re-election.

1 min read
Hedge Funds

Archegos’ Hwang Sentenced to 18 Years For Gargantuan Fraud That Walloped Wall Street

Photo via Connor Lin / The Daily Upside

Hwang’s sentencing bookends a dramatic saga that began with the shock implosion of his firm that cost Wall Street billions.

2 min read
Consumer

Walmart Ups its Guidance for the Year

Photo by Mike Mozart via CC BY 2.0

Walmart announced that it’s raising its outlook for the year, thanks in part to a rocking start to the holiday shopping season.

2 min read
Media & Entertainment

Andreessen Horowitz Backs Generative AI TV and Film Studio

Photo by TechCrunch via CC BY 2.0

Will generative artificial intelligence’s star be added to the Hollywood Walk of Fame? Andreessen Horowitz sure thinks so.

2 min read
International Economics

Europe Lays Plans to Extract China’s Battery Know-How

Photo by Traimak Ivan via iStock

There’s a little bit of “What goes around comes around” behind Europe’s latest industrial policy initiative.

2 min read
Advisor Upside

Advisors Wary of Fixed Income Ahead of Trump 2.0

Photo by Ken Lund via CC BY-SA 2.0

The next administration may look to increase tariffs and lower taxes, which could spell higher inflation and lower bond prices.

2 min read
Advisor Upside

Credit Scores May Help Advisors Recognize Cognitive Decline

Photo by Kampus Production via Pexels

Missed credit card and mortgage payments may be signs of Alzheimer’s and dementia, New York Federal Reserve research suggests.

1 min read
Advisor Upside

3 Trends Expected to Give Advisors Hangovers in 2025

Photo via Connor Lin / The Daily Upside

The research and advisory firm Forrester found that adapting to new technologies is paramount to financial services firms.

1 min read

FA Upside

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

OPEC+ Once Again Moves to Cut Production

Photo by Tony Wu via Pexels

1 min read
Natural Disasters Cost the Insurance Industry $135 billion this year

Photo by Library of Congress via Unsplash

1 min read
Abu Dhabi’s Mubadala Capital Takes Big Step Into US Credit Market

Photo by Web Summit via CC BY 2.0

2 min read