The Daily Upside

Consumer

Peloton Poaches Ford Exec Who Co-Founded Apple Fitness+ for Top Job

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Peloton announced that it has appointed Peter Stern as CEO and president to pedal the company out of its prolonged post-pandemic slump.

1 min read
Big Tech

Uber’s Investors Are Still Growth-Hungry

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Uber’s stock drove off a ditch, sinking 9% on Thursday after the ride-hailing giant published its third-quarter earnings report.

2 min read
Media & Entertainment

Comcast Might Spin Off Its Cable Business

Photo by Mike Mozart via CC BY 2.0

Comcast’s president floated the idea that the telecom giant and NBCUniversal parent company might spin off its portfolio of cable channels.

2 min read
Patent Drop

Google Patent Could Overcome Quantum Cooling Barriers

Photo via U.S. Patent and Trademark Office

Google could help cool down quantum computers while they work with classical ones.

2 min read
Patent Drop

OpenAI Patent Could Improve Voice AI Models’ Focus

Photo via U.S. Patent and Trademark Office

OpenAI wants to work on its active listening skills.

2 min read
Patent Drop

Intel ‘Cobots’ Patent Highlights Growing AI Robotics Market

Photo via U.S. Patent and Trademark Office

Intel wants to make AI robots more collaborative and scalable. But it faces steep competition.

2 min read
Advisor Upside

Next SEC Chair? Bets Are on Peirce, Cuban, Or ‘CryptoDad’

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Securities and Exchange Commission Chairman Gary Gensler is likely to resign from his position at the agency before his term is up.

2 min read
Advisor Upside

Neuberger Berman Buys Stake in Mariner in Latest RIA Deal

Photo by AlainM47 via CC BY-SA 4.0

The deal is the latest example of major investments into the RIA space, with much of the funding coming from private equity.

2 min read
Advisor Upside

Just 22% of Advisors Charge for Financial Planning

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Advisors that offer comprehensive services can also manage four times more in assets than their peers, according Cerulli Associates.

1 min read
Consumer

The Spookiest Day of the Year Saved Its Biggest Scare for the Chocolate Biz

Photo by Janne Simoes via Unsplash

The cost of manufacturing chocolate and confectionery from cocoa has risen a terrifying 45% this year, according to the producer price index.

1 min read
Healthcare

Pharmapalooza: Earnings Highlight Highs and Lows of Cutthroat Sector

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It’s just another earnings week in the life of pharmaceutical CEOs, with blockbuster expectations running up against cruel reality.

2 min read
Electric Vehicles

BYD Just Took the Lead in Its Race Against Tesla

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Chinese electric vehicle giant BYD announced revenue of just over $28 billion in the three months ending September.

2 min read
Industries

Royal Caribbean Has a Secret Getaway That Leads to Profit

Photo by Phil Nash via CC BY-SA 4.0

Royal Caribbean raised its annual profit forecast for the fourth time this year. Driving the optimism is a private island in the Bahamas.

1 min read
Consumer

Luckin Coffee is Coming to Starbucks’ Home Turf

Photo by Amin via CC BY-SA 4.0

China’s biggest coffee chain, Luckin Coffee, is eyeing an American expansion that could undercut the market for $10 chai lattes.

1 min read
Economics

Saudi Arabia’s Sovereign Wealth Fund is Homeward Bound

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Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.

2 min read
Advisor Upside

Do Elections Matter to Markets?

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Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.

2 min read
Advisor Upside

Citi Targets Active ETFs in Europe

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Through its white label platform, the bank hopes to be a dominant force in Europe’s growing active ETF market.

2 min read
Advisor Upside

How Advisors Can Help Turn 529s Into Roth IRAs

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A new law under the Secure 2.0 Act will allow unused savings from 529 education investment funds to be transferred to a Roth IRA tax-free.

1 min read
Technology

Who’s at Fault in the CrowdStrike-Delta Summer Meltdown?

Photo by Chris Rank via CC BY 2.0

Delta Airlines is suing CrowdStrike, which was behind the glitchy software update that sparked a global outage of critical flight systems.

1 min read
Media & Entertainment

MLB is Loving the Ohtani Effect

Photo by Joe Glorioso/All-Pro Reels via CC BY-SA 2.0

MLB World Series viewership is way up, thanks in part to Japan-born Los Angeles Dodger Shohei Ohtani. And brands have noticed.

2 min read

FA Upside

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

America’s in a Crypto State of Mind for Trump’s Second Term

Photo illustration by Connor Lin / The Daily Upside

3 min read
Inside BlackRock’s Latest $12B Private Assets Deal

Photo by Hapabapa via iStock

2 min read
TradePMR’s Robb Baldwin on Robinhood and the American Financial System

Photo via TradePMR

2 min read