Wall Street

Banking

Goldman Sachs Leans On ‘Core Strengths’ to Crush Q1 Earnings

Photo by Maryland GovPics via CC BY 2.0

In the first three months of the year, the investment bank scored a 16% jump in revenue and $4.1 billion in net income, a 28% rise.

2 min read

Photo via U.S. Patent and Trademark Office

Patent Drop

JPMorgan Chase Continues AI Rampage with Volatility Prediction Patent

JPMorgan Chase wants to predict overly-aggressive investors with AI.

3 min read
Photo by Colton Jones via Unsplash

Media & Entertainment

Nelson Peltz Scores Major Ally in Disney Fight

Activist investor Nelson Peltz has earned a huge win in his protracted battle of wills with Disney CEO Bob Iger.

2 min read
(Photo Credit: Avery Evans/Unsplash)

Private Equity

Private Equity Wants Everyone’s Credit Card Debt

The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.

2 min read

Patent Drop

JPMorgan Chase Patent Highlights Wall Street’s Growing AI Obsession

Photo via U.S. Patent and Trademark Office

“The risk of not making the most of the technology is much higher.”

3 min read

Photo via Carvana Press

Markets

The Rest of the Stock Market is Catching Up to Big Tech

Persistent optimism about an economic soft landing has buoyed investors’ hopes about companies of all sizes.

1 min read
Photo by Michael Förtsch via Unsplash

Blockchain

Bitcoin Is Climbing Toward an All-Time High

The cryptocurrency has steadily climbed back as Wall Street begins to slowly embrace the trade.

1 min read
Photo illustration by Connor Lin / The Daily Upside

Media & Entertainment

Can Hollywood Reboot the Bundle?

Hollywood may be rethinking its business model of direct-to-consumer, a la carte streaming services — meaning the bundle may be back.

6 min read

Social Media

Reddit Plans to Turn its Meme-Stock Powers on Itself

Photo by Brett Jordan via Pexels

The company reportedly plans to set aside shares for 75,000 of its power users to buy ahead of its spring IPO.

1 min read

Banking

Banks Are Making Hay Out of Post-Banking Crisis Safeguards

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Banks are finding novel ways to game the Fed’s safeguard systems, according to a Wall Street Journal analysis.

1 min read

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