The Daily Upside

Autos

Mercedes-Benz Profits Drop More than 50% in Third Quarter

Photo by Manuel Pappacena via Unsplash

Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.

1 min read
Markets

The NYSE Wants to Go 22/5 on Its Arca Exchange

Photo by David Vives via Unsplash

The NYSE said Friday that it plans to extend trading hours for equities on its electronic Arca exchange to 22 hours on weekdays.

2 min read
Industrials

Where is the Bottom for Boeing?

Photo by Balon Greyjoy via CC0 1.0

Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.

2 min read
Technology

Tech FOMO Can Hurt on the Comedown. Can the Cycle Be Broken?

Photo illustration by Connor Lin / The Daily Upside, Photo by Bigmouse108 via iStock

Shiny new innovations draw in ambitious founders and investors, and then FOMO brings in everyone else, making the eventual fall harder.

4 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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