The Daily Upside

Inflation & Prices

CVS Names New CEO Amid Uncertain Retail Pharmacy Landscape

Image Credit: iStock, BackyardProductions

The leadership change comes as the retail pharmacy industry faces thin profit margins, store closures, and layoffs.

2 min read
Media & Entertainment

Women’s Sports Evolves from Moment to Movement

Photo illustration by Connor Lin / The Daily Upside, Photos by CCS Pictures and John Mac via CC BY-SA 2.0 and Rob Prange via CC BY 2.0

Women’s sports have been seen as secondary to men’s. While there’s still a lot of catching up to do, the gender gap is shrinking.

4 min read
Healthcare

Study Suggests Weight-Loss Drugs Like Ozempic May Help Alcoholism, Opioid Addiction

Photo by Chemist4U via CC BY-SA 2.0

A new study suggests increasingly popular GLP-1 drugs could help cut opioid and alcohol abuse nearly in half.

1 min read
Finance

Blackstone Thinks It’s High Time for a Public Listing Blitz

Photo by Roman Tiraspolsky via iStock

Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.

2 min read

Big Tech

The EU Might Regulate the Muskiverse as One Big Company

Photo by UK Government via CC BY 2.0

Bad news for X: EU lawmakers might start looking at the companies in CEO Elon Musk’s stable as one interconnected web.

2 min read
Patent Drop

IBM Patent Highlights Security Risks of Quantum Development

Photo via U.S. Patent and Trademark Office

“If quantum computers can break encryption, they can also encrypt in a way that other quantum computers can’t break.”

2 min read
Patent Drop

Microsoft Builds Enterprise AI Stable With Recent Patents

Photo of Microsoft Inter-Document Attention Mechanism patent via U.S. Patent and Trademark Office

Given the company’s dominance in workplace and productivity tech, it may have an edge in embedding generative AI into work routines.

2 min read
Patent Drop

Walmart AI Analytics Patent Highlights Retailer’s Tech Overhaul

Photo via U.S. Patent and Trademark Office

. It may aim to level the playing field with one competitor in particular: Amazon.

2 min read

Advisor Upside

What Fidelity’s Data Breach Means for Advisors

Photo via Connor Lin / The Daily Upside

Experts believe the perpetrator used tokens to access the personal information through improperly configured third-party code.

2 min read
Advisor Upside

Don’t Celebrate the 2-Year Bull Market Just Yet

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What’s a good gift for a mature bull? How about a dose of perspective? The stock market can sometimes be a victim of its own recent success.

1 min read
Advisor Upside

The Wealthtech That Quintupled Assets Year-Over-Year, Twice

Photo via Connor Lin / The Daily Upside

New funding and growth have launched the digital investment advisor Farther’s valuation to more than half a billion dollars.

2 min read
Consumer

LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19

Photo by Willian Justen de Vasconcellos via Unsplash

LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.

2 min read

Media & Entertainment

Diamond Sports is Seeking a Sports Betting Rebrand

Photo by Matthew Fowler via iStock

Diamond Sports wants to rebrand its portfolio of local Bally Sports regional sports networks (RSNs) and rebrand them.

1 min read
Energy

IEA Forecasts Fossil Fuel Surpluses by 2030

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The International Energy Agency predicts demand for fossil fuels will ebb pretty quickly as we move into the second half of the decade.

2 min read
Semiconductors

ASML’s Earnings Flub Sinks the Chip Sector

Photo by Bermix Studio via Unsplash

On Tuesday, ASML accidentally published some disappointing earnings results a day earlier than scheduled, sending its share price down.

1 min read
Consumer

Google TikTokifies Its Shopping Service

Photo by Cottonbro Studio via Pexels

Google is revamping its shopping service into a more Instagram-slash-TikTok-esque feed, showing users an infinite scroll of products.

1 min read
Markets

Trading Windfall Pushes Wall Street to Surprisingly Strong Quarter

Photo by Brendon Spring via Pexels

How’d the financial giants — namely, Goldman Sachs, Citigroup, and Bank of America — make out this quarter? Surprisingly well, it turns out.

2 min read
Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

Photos by Ikechukwu Julius Ugwu and Nick Sarvari via Unsplash, Daveynin via CC BY 2.0, and Michael Vi via iStock

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read
Advisor Upside

‘Burrito Scarfer’ CFP Board Ads Weren’t Meant for Advisors (Or, Even Adults)

Photo via Connor Lin / The Daily Upside

A new CFP Board ad campaign targeting college students and high schoolers missed the mark among members. That might be the point.

2 min read
Advisor Upside

Wall Street Pay Falls Further From Pandemic Highs

Photo by Lucky Photographer via iStock

The average New York City securities salary dropped 5.2% in 2023, mostly due to smaller bonuses, marking a drop from the pandemic highs.

1 min read

Advisor Upside

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

Eli Lilly’s Sterling Results Highlight Rival Novo Nordisk’s Fading Fortunes

Photo by Douglas Cliff via iStock

2 min read
Chipotle Struggles as Customers Skip the Guac

Photo by Anne Czichos via iStock

2 min read
Trial Truce: US, China Negotiate Yearlong Trade Détente

Photo via Daniel Torok/WH / Polaris/Newscom

2 min read

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