The Daily Upside

Advisor Upside

Fidelity Hires New Head of 1,700-member Family Office Network

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Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.

1 min read
Advisor Upside

ETFs Are Breaking Inflow Records. Not So Much Overseas

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US equity ETFS saw nearly $150 billion in inflows last month. Those tied to Europe, Japan, and emerging markets weren’t so lucky.

1 min read
Healthcare

Merck Cautiously Enters GLP-1 Fray Via Licensing Deal With Chinese Drugmaker

Photo by Coolcaesar via CC BY-SA 4.0

By licensing a drug from Hansoh, Merck signaled that it isn’t prepared to fully challenge its rivals’ dominance in the GLP-1 space.

2 min read
International Economics

Does a Popular Internet Router Pose a National Security Threat?

Photo by Joetimetodo via CC BY-SA 4.0

If similar cases are a guide, the US has given equal weight to both known and hypothetical threats to national security.

2 min read
Energy

OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

Photo by Gage Skidmore via CC BY-SA 2.0

With Trump expected to chase increased oil exports and more drilling in the US, OPEC+’s fear of losing market share looms larger than ever.

2 min read
Inflation & Prices

The Fed Marches into a Murky New Era

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Inflation is definitely looking like a “two-handle” problem. That’s investor-speak for a rate below 3% but above the Fed’s 2% target.

2 min read
Consumer

Concert Tickets and Vacation Rentals Get Hit by FTC’s War on Junk Fees

Photo by Paolo V via CC BY 2.0

Don’t get too excited for cheaper Taylor Swift tickets: The rules just force sellers to present all the extra fees upfront.

2 min read
Healthcare

Pfizer Stock Surges as It Says Outlook Will Match Wall Street Expectations

Photo by Alexandros Michailidis via iStock

Sometimes, markets don’t need breathless buzzwords to get excited. Sometimes, “marginally encouraging” will do. Ask Pfizer shareholders.

2 min read
Advisor Upside

Want to Attract Top Talent? Try These Comp Perks

Photo by Kristin Wilson via Unsplash

Firms are offering extra incentives to advisor compensation plans like paid time off for volunteer work, and even free financial planning.

2 min read
Advisor Upside

Why Wells Fargo Is Tapping Into Banking Customers

Photo by Ernie Journeys via Unsplash

Wells Fargo Advisors is hoping it can cross-sell products to customers in other business lines, specifically banking customers.

2 min read
Advisor Upside

Dr. Doom’s 5 ‘Wars’ Facing the Global Economy

Photo by World Economic Forum via CC BY-SA 2.0

The noted economist Nouriel Roubini cited five major issues that our species will have to confront over the next two decades.

2 min read
Economics

The Mental Health Crisis is Slamming Workplaces

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Consensus opinion seems to be that a mental health crisis is plaguing the world. And it turns out, good mental health makes wealth.

1 min read
Industrials

Europe Spends $11 billion to have an Alternative to Starlink

Photo via ESA/Mlabspace

It’s part of the EU’s goal to build its own spacefaring infrastructure, reducing its dependence on US private companies.

2 min read
Private Equity

Investment Giant SoftBank Promises $100 Billion and 100,000 Jobs to the US

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SoftBank’s gigantic pledge undoubtedly represents a major PR victory for the incoming Trump 2.0 administration.

2 min read
Patent Drop

The Time and Place for AI Code Generators

Photo via U.S. Patent and Trademark Office

Though chatbots do code’s heavy lifting, humans need to be in charge.

2 min read
CIO Upside

Why Small AI Models Are Winning In Enterprise

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The adage “go big or go home” may not always apply to AI.

3 min read
Artificial Intelligence

ByteDance is Winning the China AI Race. That’s Bad News for TikTok.

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ByteDance, the China-based TikTok owner and political punching bag, is emerging as the nation’s answer to OpenAI.

2 min read
Finance

Sixth Street Gives Affirm a Big Boost

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Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

2 min read
M&A

Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

Photo by Roy Luck via CC BY 2.0

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

1 min read
Economics

How the Great Wealth Transfer is playing out for Billionaires

Photo illustration by Connor Lin / The Daily Upside, Photos by Jérémy Barande via CC BY-SA 2.0, David Shankbone via CC BY 3.0, Obama White House Archived, and U.S. Air Force / Trevor Cokley

The oldest among us are richer than ever, so are the richest. So what happens when the oldest and richest start passing their wealth along?

5 min read

FA Upside

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

Advertisers Worry Facebook May Become X

Photo by Sanket Mishra via Pexels

2 min read
The Most Important Pharma Event in America Kicks Off Today With High Hopes for M&A

Photo by Alexandros Michailidis via iStock

2 min read
Coffee and Chocolate Are the Reigning Commodity Kings

Photo by Chevanon Photography via Pexels

2 min read