Trump

Industrials

Caught Between Painful Present and Optimistic Outlook: Copper’s Tariff Price Odyssey

Photo by Omid Roshan via Unsplash

Demand for copper, already one of the most commonly used metals in the world, has surged amid the AI computing boom.

2 min read

Photo via BalkansCat

Consumer

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

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

International Economics

‘Not Optimistic’: Washington Hits Tariff Impasse with Switzerland

Small, mountainous Switzerland — a country that ranks 61st in the world by total area — is one of the world’s biggest investors in the US.

5 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

Semiconductors

Do China and Nvidia Still Need Each Other?

Photo via Jameson_Wu

Nvidia reported zero Q2 sales of the H20 chip to China. It’s the latest sign of China’s decreasing dependence on the company.

2 min read

Photo by Laurentiu Morariu via Unsplash

International Economics

US Slaps Crushing 50% Tariffs on India in Proxy Strike at Russia

India now sources 39% of its crude oil from Russia, compared to just 1% before Russia’s invasion of Ukraine.

2 min read
Photo via Gent Shkullaku/ZUMAPRESS/Newscom

Finance

CFPB Rewrites Open Banking Rule as Banks Feud with Fintechs Over Your Data

The “open banking” rule goes back to the 2010 Dodd-Frank Act that introduced sweeping financial reforms after the Great Recession.

2 min read
Photo via Alexander Shcherbak/ZUMAPRESS/Newscom

Technology

Samsung Chips Away Bigger Share of US Smartphone Market

Samsung’s growth come directly at the expense of Apple, which now holds less than half of US market share.

2 min read

Semiconductors

SoftBank Acquires a 2% Stake in Embattled Intel

Photo via Liu Junfeng/VCG/Newscom

The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, firm.

2 min read

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