Step out. - The Daily Upside

Today’s Upside

JUST FOR FUN

Step out.

https://twitter.com/kirawontmiss/status/1814845437691478330

Recent News

International Economics

Optimism Overpowers Market Uncertainty Following US-China Trade Thaw

Jerome Powell, Chair of the Federal Reserve. Photo by Federal Reserve Board of Governors via PDM 1.0.

The US and China shocked the world in announcing a 90 day trade truce, turning weeks of uncertainty into a day of optimism.

2 min read

Photo by Cj via Unsplash

Healthcare

Trump Prescribes Deep Discounts for Big Pharma

The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.

2 min read
Photo by Roman Tiraspolsky via iStock

Advisor Upside

Inside the Interval Fund from Vanguard, Blackstone, Wellington

The announcement follows similar plans by prominent asset managers like State Street, Apollo, KKR and Capital Group.

2 min read
Photo by Getty Images via Unsplash

Private Equity

Private Equity, Sports and Games Sidestep Frozen M&A Pipelines

Dealmaking among private equity firms and in the sports and video games sectors has gone full steam ahead amid a global M&A freeze.

2 min read
Photo by Taro Ohtani via Unsplash

International Economics

US Trade Truce With China Sends Stocks Surging Higher

Some enterprising Chinese exporters have found ways to get around tariffs amid the standoff between Washington and Beijing.

2 min read
Photo by Arkan Perdana via Unsplash

Artificial Intelligence

Google AI-ngst: Apple Deal May Disintegrate Even Without Court Intervention

The future of traditional search engines got a rude awakening last week as an Apple executive predicted their eventual demise.

2 min read
Photo by Clay Banks via Unsplash

ETF Upside

The Duel Over Dual Share Classes

Broker-dealers have a big problem with ETFs: A lack of revenue-sharing to support commission-based compensation.

2 min read

CIO Upside

Quantum Computing Race Isn’t Run ‘In a Vacuum’

Photo by Galina Nelyubova via Unsplash

“It is a technology that is emerging worldwide.”

2 min read

Patent Drop

Glimpse into the future of technology.

Photo via U.S. Patent and Trademark Office

Google Patent Highlights AI and Quantum’s Symbiotic Relationship
Photo via U.S. Patent and Trademark Office

The Time and Place for AI Code Generators
Photo via U.S. Patent and Trademark Office

Into the Future: The Patent Drop Highlight Reel
Photo via U.S. Patent and Trademark Office

Amazon Tries to Help Alexa Get Personal

CIO Upside

Microsoft Patents Signal Demand for Explainable AI

Photo via U.S. Patent and Trademark Office

Because these models often operate in a so-called “black box,” many users have little to no understanding of them.

1 min read

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

International Economics

UK-US Strike Trade Deal Affirming ‘Special Relationship’

The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.

2 min read
Brian Armstrong, CEO of Coinbase. Photo by TechCrunch via CC BY 2.0.

Cryptocurrency

Crypto on Track for M&A Record With Coinbase’s $2.9B Derebit Takeover

Coinbase is acquiring Derebit for $2.9 billion in the crypto industry’s biggest ever deal as it spars with rival Kraken.

2 min read
Photo by Tupungato via iStock

Industries

Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.