Donald Trump

Consumer

Cannabusiness Prospects Light Up as White House Reclassifies Marijuana

Photo via Michael Kuenne/ZUMAPRESS/Newscom

President Trump’s executive order changing the classification of marijuana could lower taxes for some businesses and prompt new research.

2 min read

Photo via Mehmet Eser/ZUMAPRESS/Newscom

Artificial Intelligence

Child Protection, National Security Lead Proposed AI Laws from Andreesen Horowitz

President Donald Trump signed an executive order last week pressuring states to drop efforts to regulate AI on their own.

2 min read
Photo via Bill Clark/CQ Roll Call/Newscom

Semiconductors

Nvidia H200 Exports Boost Odds of a World That ‘Runs on Chinese AI’

The Chinese government has discouraged companies and government-funded data centers from buying Nvidia’s chips.

1 min read
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Advisor Upside

What Do Advisors Think of a White House-Aligned Fed Chair?

Wealth managers have reservations on whether the next chair will remain independent of political influence.

2 min read

Economics

Traders Say a December Rate Cut Is Coming. The Fed Isn’t so Sure

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Ahead of the Federal Open Market Committee’s meeting Wednesday, the CME Group’s FedWatch tool has the odds of a quarter-point cut at 87%.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Liorpt via iStock and Chris Kleponis/ZUMAPRESS/Newscom

Advisor Upside

Tariff Turmoil Not ‘Rear View Mirror’ Yet: Schwab’s Liz Ann Sonders

The company’s chief investment strategist warned policy moves can take months or years to ripple through the broader economy.

5 min read
Photo via Jerry Mennenga/ZUMAPRESS/Newscom

International Economics

China Reopening to US Soybean Imports

China stopped buying US soybeans altogether in May, two months after suspending the import licenses of US-based CHS Inc.

2 min read
Photo via Cfoto/ZUMAPRESS/Newscom

Healthcare

CEO Says AstraZeneca Can ‘Absorb’ Costs of Trump-Driven US Deals

AstraZeneca is the biggest drugmaker in Britain and its £193 billion ($253 billion) market capitalization tops the London Stock Exchange.

2 min read

Energy

Oil Spikes as US Sanctions Russian Producers to Undermine Putin’s War Machine

Photo via imageBROKER/Ron Buskirk/Newscom

Shell and BP shares rose roughly 3% on Thursday, while US majors Exxon Mobil and Chevron were more muted, up 1.1% and 0.6% respectively.

2 min read

Advisor Upside

3 Reasons to Keep Politics Out of Portfolios

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

Mixing politics and investing is like mixing emotions and math: It rarely adds up.

4 min read

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