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What Top Execs Read Before the Market Opens

The Daily Upside was founded by investment professionals to arm decision-makers with market intelligence that goes deeper than headlines. No filler. Just concise, trusted insights on business trends, deal flow, and economic shifts—read by leaders at top firms across finance, tech, and beyond.

GM MR-ers,

The short version of why you should invest now to reap the benefits later!

Look at this wonderful FriYAY market!💫

Markets

Dow -0.16%

S&P 500 -0.21%

Nasdaq -0.89%

Fear Factor

VIX -3.01%

Crypto-verse

BTC 2.18%

ETH 2.74%

XRP -1.23%

The Magnificent 7 AAPL 0.74% MSFT 0.25% GOOGL 0.40% AMZN 0.57% NVDA 0.79% META 0.35% TSLA 0.64%

*Last Updated: Jan 17, 2025 7:28 a.m. EST. For updated market info click:

  • XRP is well above $3, and Bitcoin is breaking through $100,000 again. XRP has now risen about 40% over the past week. Market strategist Louis Navellier’s opinion: "XRP has been identified as the crypto of preference by the Fed and some major banks."

  • Apple is up in premarket trading. The company fell to third place in terms of market share in China, as domestic manufacturers took advantage of its lack of artificial intelligence features available on phones purchased in the country.

  • SLB bounced 2.2% in premarket. The oil services company, formerly known as Schlumberger, reported adjusted Q4 earnings of 92 cents per share, beating analysts' estimates by 2 cents.

  • UnitedHealth shares were the big loser Thursday, finishing down 6%, after the health insurer reported weaker-than-expected fourth-quarter results for its insurance division.

  • Rivian Automotive up 4.3% after the electric vehicle maker announced it had closed a loan agreement with the U.S. Department of Energy for up to $6.6 billion to support the construction of a new manufacturing facility.

IRA & 401(k)

An IRA is a retirement savings option available to anyone with earned income (or whose spouse has earned income). You fund it with contributions directly from your bank account.

A 401(k) is an employer-sponsored retirement plan where you make contributions through salary deferrals, meaning money is automatically taken out of your paycheck.

Today:

  • housing starts

  • building permits

  • industrial production

  • capacity utilization

🏆MVP OF THE WEEK🏀

“REFERRAL” category

MEET MONEY req-er VENERA K.

🐾

📢If you’re looking for investing advice, don’t 👀 at me! 🐾 Meow Motto

🧶 DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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