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Fidelity’s $280B Contrafund Appoints First New PMs Since 1990

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Longtime manager Will Danoff hasn’t announced an exit, but two additional co-managers will handle a slice of the massive portfolio.

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Finance

Activist Investor Elliott Picks a Fight for Change at HPE

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Elliott Management is looking to turn HPE around after its stock has lost more than a fourth of its value this year.

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Media & Entertainment

Next Level: Netflix Angles for Membership in $1 Trillion Club

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With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.

2 min read
Banking

Consumer Spending Buoyant in Run-up to Tariffs, Big Banks Say

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Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.

2 min read

Advisor Upside

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

Wegovy-Maker Novo Teams with Online Pharmacies as Lilly Rivalry Heats Up

Photo by Chemist4U via CC BY-SA 2.0

2 min read
Apple Leads Manufacturing Pivot to India

Photo by Christie Chau via Unsplash

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Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

2 min read

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