The Daily Upside

Industrials

The Natural Diamond Industry is Cracking Up

Photo illustration by Connor Lin / The Daily Upside, Photos via Freepik

The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?

5 min read
Advisor Upside

Financial Advisors Are On the Fence About Bitcoin ETFs

Photo illustration by Connor Lin / The Daily Upside, Photo by Layerace via Freepik

As cryptocurrency flirts with record highs, the new ETF products may help advisors gain exposure to a highly volatile asset class.

3 min read
Consumer

FDA Reverses its Ban on Juul

Photo by Vaping360 via CC BY 2.0

The regulator had banned the company’s e-cigarettes in 2022, but they stayed on store shelves while an appeal process played out.

2 min read
Regulation

AI Enters its Antitrust Era

Photo by Jernej Furman via CC BY 2.0

According to reports, the DOJ will take the lead on chipmaker Nvidia, while the FTC will run point on OpenAI.

1 min read

Semiconductors

Nvidia Is On its Way to the Top of the Market-Cap Leaderboard — Then What?

Photo via Nvidia Media Assets

Despite the stock’s recent run, the chipmaker’s revenue and profit growth make talk of a bubble sound premature.

2 min read
Markets

Midday Market Brief: Catch Your Breath

Photo illustration by Connor Lin / The Daily Upside

After a runup of nearly 8% in the past six weeks, the market and its Big Tech drivers appear to be taking a break.

1 min read
Patent Drop

PayPal “Fairness-Aware” Model Patent Highlights Bias Issues in Financial AI

Photo via U.S. Patent and Trademark Office

The filing highlights the importance of eliminating bias in AI-powered financial platforms.

2 min read
Consumer

Irish Fast-Food Upstart Keeps Sticking it to McDonald’s

Image Credit: iStock, tofumax

The world’s largest fast food chain lost its “Big Mac” trademark for chicken sandwiches following a European Union court ruling.

1 min read

International Economics

Canada Slashes Interest Rates, Europe Likely to Follow Suit

Image Credit: iStock Images, Gabriel Shakour

Canada’s economy has been kept in check due to higher levels of household debt and shorter-term mortgages in Canada compared to the US.

2 min read
Media & Entertainment

Massive Class-Action Antitrust Lawsuit Against NFL Kicks Off

Image Credit: ESPN

The plaintiffs argue the league made an anti-competitive agreement forcing fans to pay for out-of-market broadcasts in one package.

2 min read
Patent Drop

Oracle’s Metaverse Ad Tracker Builds Profiles on User Behaviors

Photo via U.S. Patent and Trademark Office

The patent highlights the potential that artificial reality may have for immersive and native advertising.

2 min read
Patent Drop

Google’s AR Mapping Patent Could Unlock Low-Power Smart Glasses

Photo via U.S. Patent and Trademark Office

While the company has been touting its AI work over the past year, it may have artificial reality plans in store.

2 min read

Markets

Midday Market Brief: Big Tech Takes Over

Photo illustration by Connor Lin / The Daily Upside

Nvidia is back to its winning ways, lifting tech stocks and pushing the broader S&P 500 index to another all-time high.

1 min read
Healthcare

The UK’s Private Healthcare Market Is Bigger Than Ever

(Photo by Christopher Bill on Unsplash)

Last year saw the highest private in-patient admissions since records began, totaling roughly 900,000, a 7% increase from 2022.

1 min read
Inflation & Prices

Hooray? The US Economy May Finally Be Slowing

(Photo by Federal Reserve Board of Governors via Flickr)

It has taken a while, but recent data suggests that the Federal Reserve’s rate hikes may finally be taming inflation.

2 min read
Industrials

Airbus Races to Complete Aircraft Sale to China Before Politics Gets Involved

Photo by Daniel Eledut via Unsplash.

Beijing is reportedly unhappy with the prospect of an EU tariff on EVs, and is considering retaliatory tariffs on the EU’s aviation industry.

2 min read
Markets

Midday Market Brief: Hiring Freeze

Photo illustration by Connor Lin / The Daily Upside

The job openings report for April fell to its lowest level in about three years, giving investors pause about the impact on profits.

1 min read
Consumer

The Airline Industry Would Rather You Didn’t Know How Well It’s Doing

Photo by Nick Morales via Unsplash

The industry just boosted its profit forecast for 2024 but warns that return on invested capital hurts the chance for sustainable profits.

1 min read
Electric Vehicles

Chinese Carmakers Face Potential EU Tariff Hike. Most Don’t Look Too Scared.

Photo by Gilberto Marques via CC BY 2.0

One market research firm said even duties in the range of 15%-30% won’t keep most of the country’s carmakers out of Europe.

2 min read
Artificial Intelligence

Altman-backed Startup is Forging a Nuclear Energy Deal with OpenAI

Photo by TechCrunch via CC BY 2.0

Nuclear-fusion startups are getting a lot of funding, but their commercial viability doesn’t seem too imminent.

2 min read

Advisor Upside

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

Crypto on Track for M&A Record With Coinbase’s $2.9B Derebit Takeover

Brian Armstrong, CEO of Coinbase. Photo by TechCrunch via CC BY 2.0.

2 min read
Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

Photo by Tupungato via iStock

2 min read
UK-US Strike Trade Deal Affirming ‘Special Relationship’

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

2 min read

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