The Daily Upside

Artificial Intelligence

Perplexity Wants Its Next Stage of Growth, Legal Troubles Be Damned

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Perplexity is looking for a few hundred million more dollars to scale its burgeoning business — oh, and maybe cover some pesky legal fees.

2 min read
Energy

Hedge Funds are Shorting ESG, With Some Exceptions

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A Bloomberg analysis of roughly 500 hedge funds found that patience for ESG stocks related to the energy transition has run out.

2 min read
Patent Drop

Palantir Patent Highlights Need for Zero-Trust Security in AI

Photo via U.S. Patent and Trademark Office

A patent from Palantir highlights the importance of data security in AI when used in government and defense contexts.

2 min read
Patent Drop

Adobe Seeks AI Motion Patent As Generative Video Race Heats Up

Photo via U.S. Patent and Trademark Office

Major tech firms seemingly see generative video as the next frontier of AI.

2 min read

Patent Drop

Lyft Patent Puts Self-Driving Cars to the Test

Photo via U.S. Patent and Trademark Office

Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.

2 min read
Media & Entertainment

Netflix Has Won the Streaming Wars. So What Comes Next?

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Netflix reported another stellar earnings result, featuring its biggest quarterly profits in company history.

2 min read
International Economics

IMF Worries State of ‘Not Good Enough’ Will Follow Rate Cuts and a Soft Landing

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Of 12 major developed-market central banks, eight are in rate-cutting mode, with Australia, Norway, Japan, and Taiwan the odd men out.

2 min read
Inflation & Prices

CVS Names New CEO Amid Uncertain Retail Pharmacy Landscape

Image Credit: iStock, BackyardProductions

The leadership change comes as the retail pharmacy industry faces thin profit margins, store closures, and layoffs.

2 min read

Media & Entertainment

Women’s Sports Evolves from Moment to Movement

Photo illustration by Connor Lin / The Daily Upside, Photos by CCS Pictures and John Mac via CC BY-SA 2.0 and Rob Prange via CC BY 2.0

Women’s sports have been seen as secondary to men’s. While there’s still a lot of catching up to do, the gender gap is shrinking.

4 min read
Healthcare

Study Suggests Weight-Loss Drugs Like Ozempic May Help Alcoholism, Opioid Addiction

Photo by Chemist4U via CC BY-SA 2.0

A new study suggests increasingly popular GLP-1 drugs could help cut opioid and alcohol abuse nearly in half.

1 min read
Finance

Blackstone Thinks It’s High Time for a Public Listing Blitz

Photo by Roman Tiraspolsky via iStock

Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.

2 min read
Big Tech

The EU Might Regulate the Muskiverse as One Big Company

Photo by UK Government via CC BY 2.0

Bad news for X: EU lawmakers might start looking at the companies in CEO Elon Musk’s stable as one interconnected web.

2 min read

Patent Drop

IBM Patent Highlights Security Risks of Quantum Development

Photo via U.S. Patent and Trademark Office

“If quantum computers can break encryption, they can also encrypt in a way that other quantum computers can’t break.”

2 min read
Patent Drop

Microsoft Builds Enterprise AI Stable With Recent Patents

Photo of Microsoft Inter-Document Attention Mechanism patent via U.S. Patent and Trademark Office

Given the company’s dominance in workplace and productivity tech, it may have an edge in embedding generative AI into work routines.

2 min read
Patent Drop

Walmart AI Analytics Patent Highlights Retailer’s Tech Overhaul

Photo via U.S. Patent and Trademark Office

. It may aim to level the playing field with one competitor in particular: Amazon.

2 min read
Advisor Upside

What Fidelity’s Data Breach Means for Advisors

Photo via Connor Lin / The Daily Upside

Experts believe the perpetrator used tokens to access the personal information through improperly configured third-party code.

2 min read
Advisor Upside

Don’t Celebrate the 2-Year Bull Market Just Yet

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What’s a good gift for a mature bull? How about a dose of perspective? The stock market can sometimes be a victim of its own recent success.

1 min read
Advisor Upside

The Wealthtech That Quintupled Assets Year-Over-Year, Twice

Photo via Connor Lin / The Daily Upside

New funding and growth have launched the digital investment advisor Farther’s valuation to more than half a billion dollars.

2 min read
Consumer

LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19

Photo by Willian Justen de Vasconcellos via Unsplash

LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.

2 min read
Media & Entertainment

Diamond Sports is Seeking a Sports Betting Rebrand

Photo by Matthew Fowler via iStock

Diamond Sports wants to rebrand its portfolio of local Bally Sports regional sports networks (RSNs) and rebrand them.

1 min read

Advisor Upside

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

Follow the Flows: Why Some Legacy Mutual Fund Firms Are Finally Exploring ETFs

Photo by Francescoch via iStock

5 min read
Just How Much Data Does the Fed Need to Cut Rates?

Photo via Aaron Schwartz/CNP/ Polaris/Newscom

2 min read
Gecko’s AI Robots Represent the ‘Boring’ Future of Bots

Jake Loosararian, CEO of Gecko Robotics. Photo by World Economic Forum via CC BY-NC-SA 2.0

1 min read

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