Author: arthursheikin@gmail.com

[ad_1] Dick’s Sporting Goods is a “winner in athletic retail” after completing its acquisition of Foot Locker, according to Citi. Citi upgraded the stock to buy from neutral in a Tuesday note and raised its price target to $280 per share from $225. The bank’s forecast implies about 25% upside from Monday’s $223.83 close. “The combination of DKS/FL will be a powerful force in the world of athletic footwear and apparel,” the analyst said. “Combined, the new DKS will have F26E sales of $22.5BN in sales, including ~$20BN in US sales with the next player within the US (JD) at…

[ad_1] French AI startup Mistral has secured a massive investment from Dutch chip company ASML.Mistral, which is seen as Europe’s answer to OpenAI, received a 1.3 billion euros, or $1.5 billion, investment from ASML as part of a wider $2 billion funding round, the companies said Tuesday.ASML, which has a market capitalization of $308 billion, has taken a roughly 11% stake in Mistral, making it the startup’s largest shareholder. The Dutch company sells specialized machinery essential for chip manufacturing,The funding roughly doubles Mistral’s post-money valuation to nearly $13.8 billion, cementing its place as Europe’s most valuable AI startup.Mistral’s funding is…

[ad_1] Barclays is getting optimistic on Oracle ahead of its upcoming quarterly report, as the tech company is expected to give more details on a major contract unveiled in June. The bank raised its price target on the cloud software giant to $281 per share from $221 in a Monday note, while reiterating its overweight rating. Barclays’ forecast implies nearly 18% upside. Analyst Raimo Lenschow thinks this report “will be very different versus other years.” He said that’s because of “the very large $30bn contract the company discussed in an 8K filing released late June.” ORCL YTD mountain ORCL year…

[ad_1] This as-told-to essay is based on a conversation with Grace Leung, a digital growth consultant based in Vancouver. It’s been edited for length and clarity.Most business owners who hire me to integrate AI into their workflow are aware of AI trends like agents and automation, but they’re completely overwhelmed by it and have no idea where to begin. Their employees tend to have even less AI knowledge and just think of it as a basic chatbot.Other clients want to jump right into complicated AI tools without learning any of the building blocks. They’re trying to learn to fly before…

[ad_1] New web standards could limit AI’s access to websites in profound ways, and Big Tech companies including Google, Microsoft, and OpenAI are trying to halt or water down the effort.The battle is being quietly waged inside the Internet Engineering Task Force, an important industry group that creates standards such as TCP/IP, HTML, and robots.txt that underpin much of what happens online.The IETF is now tackling one of the thorniest issues it’s ever encountered: How to keep the web thriving in the era of chatbots and AI answer engines.For 25 years, search engines like Google and Microsoft’s Bing crawled and indexed…

[ad_1] The AI boom has lit a fuse under San Francisco’s housing market, with prices and rents inflamed by a tech workforce increasingly returning to the office, and as the AI talent wars push salaries to dizzying highs.Tech workers are flocking to the Bay Area to work at OpenAI, Anthropic, and Nvidia after the region was dealt a massive blow during the COVID-19 pandemic. Real estate agents say RTO is fueling the resurgence, with AI being particularly synonymous with in-person work and hardcore culture. What’s more, tech workers, especially those working in AI, are commanding massive salaries, including multimillion-dollar compensation…

[ad_1] It’s fall, buckos. Are you going to rot your way through December, or are you locking in?Across social media, “The Great Lock In” has begun. From September to the end of the year, participants say they are walking five miles every day in weighted vests. They’re sleeping eight hours a night. They’re drinking several liters of water a day. They’re deactivating Instagram, but not before posting their lengthy lists on how to lock in on Instagram.What it means to go locked-in mode varies wildly — there is a lock-in for every key, it seems. The Great Lock In can…

[ad_1] This article is part of “The Business of Sports,” a series on the teams, leagues, and brands turning competition into big business.We’re in the midst of a golf renaissance in the United States. Americans played a record 545 million rounds in 2025, according to the National Golf Foundation. Gen Z is picking up on what was long considered an old-money, old-people sport. The golf polo has become a status symbol among a certain type of striving guy. Golf courses and clubs are capitalizing on the links revival in a number of ways, and one of the most profitable is…

[ad_1] Niccol implemented a new dress code earlier this year, requiring in-store staff to wear a solid-color black shirt and either black, blue denim, or khaki pants. Some employees protested the change by staging walkouts in May.The CEO also implemented a strict return-to-office mandate for corporate workers that requires most staff to work from offices in Seattle or Toronto four days a week. Corporate employees previously told Business Insider they were worried the shift signaled that the company’s beloved people-first culture was eroding.Michelle Eisen, a spokesperson for the Starbucks Workers United union and a 15-year barista veteran, told Business Insider…

[ad_1] Gagan Biyani, the cofounder of Udemy, said on Monday that AI tools have allowed his new online learning platform, Maven, to rely less on interns to chew through grunt work.Biyani said in a LinkedIn post that he used to rely on a team of six interns to look for potential instructors they could add to Udemy.”Back then, our interns would manually scour YouTube and blogs to find potential instructors. They’d write custom outreach messages that I had to approve one by one,” Biyani wrote.”It was painful and inefficient. I spent as much time training the interns as I got…