The Daily Upside

Markets

Midday Market Brief: Just Another Meme-Stock Monday

Photo illustration by Connor Lin / The Daily Upside

The market appeared yawn-inducing at the broad index level, but there was a flurry of activity under the hood.

1 min read
Patent Drop

Intel Patent Addresses Privacy Pitfalls in Federated AI Models

Photo via U.S. Patent and Trademark Office

Intel wants to protect personal data in the Internet-of-Things.

2 min read
Patent Drop

Mastercard Patent Speedruns AI Development

Photo via U.S. Patent and Trademark Office

The company’s access to a vast well of user payments data could go a long way in creating far more powerful models.

2 min read
Consumer

Boston Beer Co. May Be Swallowed by Japanese Whiskey Giant

Image Credit: iStock images, David Tran

The brewer is reportedly in early talks to sell to Japan’s Suntory, which owns American spirits brands Jim Beam and Maker’s Mark.

2 min read

Big Tech

Microsoft Is Going for a Gaming Hail Mary

Photo by Fábio Magalhães via Unsplash

The company is putting a huge game on its subscription service but may be leaving a staggering amount of revenue on the table.

2 min read
Media & Entertainment

Hollywood Streamers Suddenly Want to Pay Stars Like the Good Old Days

(Photo by freestocks via Unsplash)

The big services are working on a structure that will weigh factors such as viewership time, production budget, and new subscriptions added.

2 min read
Patent Drop

Humane Patent Hides AI Pin From View

Photo via U.S. Patent and Trademark Office

The critically panned device received backlash for a lot of functionality issues. Hardware packaging largely wasn’t one of them.

2 min read
Consumer

Can Upstart Entrants Shake Up the Soda Industry?

Photo illustration by Connor Lin / The Daily Upside

Once thought to be fizzling, fizzy drinks are bubbling with growth and investment at a pace not seen in years.

5 min read

Markets

Midday Market Brief: Tech Tanks

Photo illustration by Connor Lin / The Daily Upside

Some glum news from both the PC and semiconductor sector has tech investors feeling a little more cautious.

1 min read
Industrials

Boeing Meets With FAA to Lay Out its Improvement Plan

Photo by National Transportation Safety Board via Public Domain Mark 1.0

The FAA won’t clear the current production cap and plans to approve every single plane that comes off Boeing’s production lines.

2 min read
Big Tech

Google Just Can’t Quit the Metaverse

Photo by KKPCW via CC BY-SA 4.0

It announced a partnership with Magic Leap, which after some rough years might be finding a new lease on life.

1 min read
Energy

The AI Boom Is No Friend of the Green Energy Transition

Photo by Valeriy Kryukov via Unsplash

As juice-sucking tech firms battle for artificial intelligence supremacy, the coal industry has been cleaning up.

2 min read

Markets

Midday Market Brief: Slugged by Salesforce

Photo illustration by Connor Lin / The Daily Upside

The Dow is lower because of a rough outlook from the business-software giant, but the broader market is hanging tough.

1 min read
Patent Drop

Meta Wants it’s AR Devices to Suck Up Less Power

Photo via U.S. Patent and Trademark Office

The filing highlights that battery efficiency and form factor remain a major roadblock in artificial reality adoption

3 min read
Big Tech

Samsung Faces Strike Action as Big Tech Labor Mobilization Goes Global

Photo via Samsung Newsroom

Its biggest union announced Wednesday that it will stage a one-day walkout on June 7 with workers using their paid annual leave.

2 min read
Energy

ConocoPhillips Acquires Marathon Oil in $22 Billion Deal

Photo by Eli Pousson via CC0 1.0

The deal provides increased operations both outside of and within the highly desirably Permian Basin oil fields of Western Texas.

1 min read
Consumer

Walgreens Price Cuts Confirm More Consumers Are Getting Picky

Photo by Paul Sableman via CC BY 2.0

The drug-store chain lowered prices on more than 1,500 items including vitamins, chips, lotion, and Squishmallow plushies.

2 min read
Patent Drop

Ford Wants to Make EV Charging Easier as Demand Wanes

Photo via U.S. Patent and Trademark Office

Ford filed two patents to make EV charging adoption quicker, cheaper and easier.

2 min read
Patent Drop

Google Patent Turns Search Results into Conversations

Photo via U.S. Patent and Trademark Office

Google wants to give search results more back-and-forth.

2 min read
Markets

Midday Market Brief: Nvidia Can’t Do All the Work

Photo by Jason Briscoe via Unsplash

The chipmaker was flat on Wednesday, and the other 499 stocks in the S&P 500 didn’t have enough oomph to drive the market higher.

1 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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