Consumer

Consumer

Drop the Ship-pers: FedEx, UPS Downgraded as US Policy Bites Into Import Revenue

Photo via BalkansCat

According to US Customs, untaxed “de minimis” shipments accounted for 92% of all cargo entering the US, or 4 million packages a day.

2 min read

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Big Tech

New iPhone Air Is Ready for its Flex, but Apple Stock’s Already Swole

iPhone sales surged to $44.5 billion in the quarter ending in June, besting analysts’ $40 billion expectations and rising 14% year-over-year.

2 min read
Photo via Matthias Balk/dpa/picture-alliance/Newscom

Technology

Pubmatic Seeks Payback For Google’s Ad Tech Monopoly

Pubmatic’s lawsuit comes after a US Judge ruled in April that Google was maintaining an illegal monopoly in the ad tech industry.

2 min read
Photo via Jimin Kim/ZUMAPRESS/Newscom

Consumer

Macy’s Makeover Smoothes Out Earnings-Related Worry Lines for Investors

The department store also seems cautiously optimistic for the holidays, raising its profit forecast for the year.

2 min read

Economics

US Economy Is Growing More Quickly than Washington Realized

Photo via David Vives

Two key forces were to thank: consumers, who spent more than original estimates, and businesses, which did the same.

2 min read

Photo via Eduardo Barraza/ZUMAPRESS/Newscom

Consumer

Target Struggles as Wary Shoppers Prioritize Cost-Cutting

Wednesday’s earnings call also brought news that longtime target chief executive officer Brian Cornell is leaving his post.

2 min read
Photo by Oxana Melis via Unsplash

Consumer

Home Depot Predicts Pent-Up Home Improvement Demand

CFO Richard McPhail said that do-it-yourself customers have been pushing forward with smaller home improvement projects.

2 min read
Photo via U.S. Patent and Trademark Office

CIO Upside

Walmart Patent Signals AI Transformation for Bricks-and-Mortar Retail

The company has spent the past few years bolstering its tech portfolio.

1 min read

Artificial Intelligence

Can OpenAI Recover From Botched GPT-5 Rollout?

Photo via Algi Febri Sugita/ZUMAPRESS/Newscom

Where recent iterations of ChatGPT allowed users to tinker with various settings, GPT-5 attempted to do the tinkering for the user.

2 min read

Real Estate

Housing Will Drag the Most on US Growth in H2 2025 Slowdown, Says Goldman

Photo via imageBROKER/Thomas De Wever/Newscom

On the other hand, the market slowdown is — ever so incrementally — taking a toll on house prices, according to Zillow forecasts.

2 min read

CIO Upside

Why Your Enterprise Should Be Thinking About Ethical AI

‘There needs to be someone held responsible.’

2 min read
Photo via Graeme Sloan/Sipa USA/Newscom

Economics

Dismal Jobs Data Gives Fed a Wake-Up Call on Interest Rates

The economy added just 73,000 jobs in July, according to the Labor Department, well below the expectations of economists surveyed.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by NewSaetiew via iStock

Artificial Intelligence

May AI Take Your Order, Please?

AI is moving into jobs in food services and retail traditionally best left to humans. Can the imperfect tech give customers what they want?

5 min read

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