The Daily Upside

Do China and Nvidia Still Need Each Other?

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Nvidia reported zero Q2 sales of the H20 chip to China. It’s the latest sign of China’s decreasing dependence on the company.

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Workplace Retirement Plan Participants Want Private Assets. Should They?

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The hype for expanded access to alternatives is real, but are they in the best interests of clients who may not understand how they work?

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Interactive Brokers Lands a Spot in the S&P 500

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Its stock has been on a wild ride this year, and Interactive Brokers is currently up almost 100% over 12 months.

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Financial Planning for Women: Unpacking an ‘Invisible Load’

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The emotional weight of financial planning stems from day-to-day decisions and long-term responsibilities.

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IBM Joins Forces With AMD to Develop ‘Quantum-Centric Supercomputers’

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McKinsey analysts forecast that quantum computing could unlock up to $1.3 trillion in economic value by 2035.

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Eli Lilly Captures Major Lead in Weight-Loss Pill Race

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Morgan Stanley analysts have estimated that Lilly’s GLP-1 pill could bring in as much as $40 billion in annual sales by 2033.

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AT&T Strikes $23B Deal for EchoStar 5G Spectrum Licenses

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EchoStar’s 5G ambitions go back to 2019, and are the byproduct of another major telecom deal: T-Mobile’s acquisition of Sprint.

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The Leveraged Single-Stock ETF Gold Rush

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There isn’t an ETF for everything, but the volume of leveraged products coming to market shows a strategy of filling any voids.

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Will AI Be the Next Dot-Com Bubble?

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As AI continues to rake in funds despite questions about long-term profitability, some experts are calling for more diversification.

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ETFs Lag Mutual Funds in Advisors’ Income Allocations

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Cash is king, but income-generating mutual funds and ETFs are increasingly being used for clients, Nasdaq found.

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Nvidia Markets New ‘Robot Brain,’ Yours for Just $3,499

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In May, revenue at Nvidia’s automotive and robotics businesses, which are reported together, posted $567 million in sales.

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Keurig Dr Pepper Adds Peet’s Coffee to Soon-to-Fracture Beverage Empire

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After the Peet’s acquisition, Keurig Dr Pepper says it will split into two companies: one focused on coffee and the other on soft drinks.

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Ethereum Battles Bitcoin for Wall Street Whales

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Both of the two biggest cryptos surged on Friday after Federal Reserve Chair Jerome Powell hinted at a September rate cut.

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New Investors Display Higher Risk Tolerance, Greater Confidence: Fidelity

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Meanwhile, more experienced investors have a gloomier outlook and are most concerned with limiting losses.

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When Is It Time to Say Goodbye to Clients?

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Whether a client disregards advice, withholds information or is just plain rude, sometimes it’s better to cut ties than to keep hoping the relationship will turn around.

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Why Some RIAs Want Bigger Slices of the ETF Pie than Others

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Independent RIAs allocate as much as 80% — or as little as 2% — to ETFs, a new AdvizorPro report found.

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How Bug Bounty Programs Can Help Combat Ransomware Attacks

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Ethical hacking initiatives can allow researchers to find and report vulnerabilities before they can be exploited.

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Why Zoho Built its Own Proprietary Language Model

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You don’t need an LLM that can do everything, one developer argues. Bespoke design is more effective and less expensive.

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IBM Patent May Help Clean Data Pipelines

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‘Well-organized data pipelines provide the foundation for a range of data projects.’

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Samsung Chips Away Bigger Share of US Smartphone Market

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Samsung’s growth come directly at the expense of Apple, which now holds less than half of US market share.

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Advisor Upside

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

Can ‘Terror Management Theory’ Explain Inheritance Spending?

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Meet the BlackRock ETF Taking Aim at Invesco’s QQQ

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Neurocrine Scoops Up Hunger-Drug Maker in Latest Multi-Billion-Dollar Pharma Deal

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