Earnings

Artificial Intelligence

With AI Washing, C-Suite Lets Tech Take the Credit (and the Blame)

Photo illustration by Connor Lin / The Daily Upside

Talk about automation is swamping American industries, but are the companies tossing around tech-savvy buzzwords overstating robotic reality?

4 min read

Photo via AP Photo/Josh Funk

Finance

New Berkshire CEO Embraces Buffett’s Focus on Long-Term Value Amid Lackluster Earnings

Berkshire stock, which has lagged the S&P 500 for the past 12 months, fell Monday as results from Warren Buffett’s last quarter underwhelmed.

2 min read
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Real Estate

US Housing Market Doesn’t Have Much ‘Tailwind’: Lowe’s CEO

The value of single-family US homes increased at the slowest rate in 14 years in December, according to the S&P Cotality Case-Shiller Index.

2 min read
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Energy

Shell Pumps Out Dividend Hike Despite Slippery Oil Prices

UK oil major Shell posted its weakest quarterly profit in nearly half a decade on Thursday, sending its New York-listed shares down 5.3%.

2 min read

Advisor Upside

UBS Sheds $14B in Wealth Assets in the Americas

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However, the Zurich-based company’s global wealth unit attracted strong inflows from Asia, Europe and the Middle East.

2 min read

Big Tech

Meta, Microsoft Confront AI Spending Concerns Head-On

Photo by Jean-Luc Ichard via iStock

Both companies announced capex projections that blew past consensus expectations, but only Meta seemed to rebuff the Wall Street wariness.

2 min read

Markets

Russell 2000’s Good Fortune May Prove to Be a Bad Omen

Photo via JOHN ANGELILLO/UPI/Newscom

Through the last 100 days, the Russell 2000 has bested the rival S&P SmallCap 600 by 9%, good for the widest gap since 2010.

1 min read

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