The Daily Upside

Consumer

Prada Defies Luxury’s Slump

Photo by Stock Birken via Unsplash

Prada reported retail sales across its brands rose 18% last year as the company reportedly gears up to buy Versace from Capri Holdings.

1 min read
Industrials

BlackRock Leads $23 Billion Deal for Panama Canal Ports

Photo by Dan Lundberg via CC BY-SA 2.0

The titanic port deal immediately made political waves, even as the seller, conglomerate CK Hutchison, denied politics were at play.

2 min read
Autos

Can the Automotive Industry Survive the Trade War?

Photo by Carlos Aranda via Unsplash

Here’s the bad news: Auto manufacturing is a notoriously thin-margin industry, and tariffs could tear right through those margins.

2 min read
Consumer

Bubble Tea Chain Mixue Leads Hong Kong IPO Revival

Photo by Choo Yut Shing via CC BY 2.0

The biggest restaurant chain in the world just completed a splashy IPO — and you’ve likely never heard of it.

2 min read

Advisor Upside

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

Banking on a Fed Rate Cut Today, Investors Look for Hints of What’s Next

Photo via Annabelle Gordon/Sipa USA/Newscom

1 min read
UPS Eliminates 48,000 Jobs While Working Toward $3.5 Billion Cost-Cutting Target

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

2 min read
Microsoft, OpenAI (Finally) Finalize Terms of Not-Quite Divorce

Photo via Mattie Neretin/Sipa USA/Newscom

2 min read

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