Wall Street

Blockchain

How Stablecoins Are Squaring the Circle a Month After GENIUS Act’s Passage

Photo via Milo Hess/ZUMAPRESS/Newscom

Stablecoins are seen as a lower-risk entry point into crypto because their value is tied to another asset, usually the US dollar.

2 min read

Photo via Spencer Jones/GHI//UCG/Universal Images Group/Newscom

Healthcare

Eli Lilly’s Miracle Weight Loss Pill May Not Be Miraculous Enough

Lilly’s second-quarter results reported Thursday were still more than fine: $15.5 billion in revenue beat Wall Street estimates.

2 min read
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Autos

Uber CEO Floats Major Robotaxi Expansion

Uber users in Atlanta and Austin can already use the ride-hailing app to order robotaxis from Alphabet subsidiary Waymo.

2 min read
Photo by Kaleb Tapp via Unsplash

Media & Entertainment

Disney Growth Shows Americans Willing to Splurge Despite Gloomy Economic Signals

Revenue from theme parks in the US rose 10% to $6.4 billion, with passenger cruises and resort stays registering higher turnout.

2 min read

Big Tech

Big Tech Pulls Off a Very Big Earnings Week

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The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.

2 min read

Photo via Christopher Boswell/Newscom

Energy

Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker

Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and more.

3 min read
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Banking

Evercore’s Purchase of Robey Warshaw May Birth Trans-Atlantic M&A Titan

The deal will help bolster Evercore’s presence in Europe, where it placed 13th by deal volume in PwC’s advisory rankings last year.

2 min read
Photo via Wiktor Dabkowski/ZUMAPRESS/Newscom

International Economics

Trump’s ‘Biggest Deal Ever’ With EU Prompts Yawn From Wall Street

The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.

2 min read

Blockchain

Goldman Sachs, BNY Bring $7 Trillion Money Market to Blockchain

Photo via Thomas Fuller/ZUMAPRESS/Newscom

The announcement comes just days after President Trump signed a law that introduces US-regulated stablecoins.

2 min read

Personal Finance

Ripped Job Market Swipes Left on New Grads

Photo by Andrej Lišakov via Unsplash

For the first time in decades, recent college grads have a higher unemployment rate than the rest of the economy.

2 min read

Photo via Tom Williams/CQ Roll Call/Newscom

Banking

Wall Street’s Elite Get Serious About Debt Alarmism

JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink sounded off last week about higher deficit spending in the US.

2 min read
Photo via Connor Lin / The Daily Upside

Finance

Magnificent Seven Burns Short-Sellers as Goldman Banks on a Comeback

The Mag 7 companies have been weighed down by an unholy economic trinity: tariffs, AI disruption, and antitrust.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Prostock-Studio and Bee32 via iStock

Investments

Glass Lewis, ISS Grapple With Renewed Risk to Influencer Status

ISS, Glass Lewis face criticism from an oil giant engaged in a bitter proxy fight just as Congress renews scrutiny of advisory firms.

6 min read

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