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[ad_1] Morgan Stanley sees a rosy outlook ahead for QXO . The bank initiated shares of the building products distributor with an overweight rating. Analyst Christopher Snyder’s $35 per share price target implies upside of nearly 74% ahead. Snyder noted the highly fragmented U.S. industrial distribution business, which he said was “ripe for consolidation.” The industry has an $800 billion total addressable market, and yet no single player has market share in the mid-single digits, leading to a “significant” growth opportunity. He said the company is a “$50B Pound Gorilla,” as it “consolidates its way” to more than $50 billion…

[ad_1] Anthropic CEO Dario Amodei doesn’t mince words.He’s rankled some rival tech CEOs by boldly predicting that AI could wipe out half of entry-level, white-collar jobs and that the upheaval could happen between now and the next five years.While Meta and others in Big Tech pushed Congress for a 10-year moratorium on state-level AI regulations, Amodei argued against it in a New York Times op-ed. (His side won, the provision was stripped before President Donald Trump’s sweeping “Big Beautiful Bill” became law.)Amodei has clashed with Nvidia and its CEO, Jensen Huang, including by pushing for US-imposed export controls on AI…

[ad_1] Consulting has long been a desirable and lucrative industry in which to land a job, which means there’s a lot of competition.Spencer Anderson, a former Bain senior manager who spent almost nine years at the firm, shared his top tips for standing out in an interview during an information session hosted by Leland — a career coaching platform where he now serves as head of revenue.Here are his top five tips.Be yourselfConsultants at Bain come from a wide range of backgrounds, Anderson said. Some of them have STEM degrees, others studied the humanities. And then there’s the more traditional…

[ad_1] The US housing market might be all but deadlocked, but that doesn’t mean home improvement retailer Lowe’s is standing still.As it navigates this stretch of increasingly pent-up demand, Lowe’s has been pushing retail’s tech boundaries with new apps and devices.Earlier this year, the company expanded its AI-powered Mylow companion app to help employees and customers find the supplies and estimate the quantities needed for a specific project.Lowe’s EVP of stores Joe McFarland said during an earnings call in August that the app was helping employees “build competence early” and “expand knowledge across departments.”To power innovations like this one, Lowe’s…

[ad_1] This as-told-to essay is based on a conversation with Vince Scidone, a 90-year-old former carpenter in Oklahoma. Scidone works part-time as a cook at a convenience store chain. He returned to work after his wife, Deborah, got sick, and they needed additional income to support them in their retirement. Business Insider has verified Scidone’s income and current employment. The following has been edited for length and clarity.I was raised in a working family. No one worked eight-to-four jobs. The time clock wasn’t their schedule; they just worked whenever they thought they had to, sometimes 10 to 12 hours a…

[ad_1] The tech industry is changing at an extraordinary pace, and it’s a truly exciting time to have a front-row seat to its biggest evolution yet.Landing a job at Google is a dream for many engineers, including myself. I was thrilled to join the team two years ago as a software engineer. I came in with experience from other major tech companies, like Splunk and Amazon Web Services.The world of Big Tech has become much more dynamic and results-oriented than the one I entered just a couple of years ago. The traditional software development cycle of long planning phases and…

[ad_1] Anna Ashurov has been busy.A 2018 member of Business Insider’s rising stars list, Ashurov has changed companies twice since her stint at Goldman Sachs, going from the investment bank to the world’s largest beer brewer and then to the world’s largest asset manager, where she’s worked since 2021.Ashurov now oversees growth strategy and client relationships for Aladdin, BlackRock’s widely used risk analytics and portfolio management tech. She told Business Insider, she’s focused on “driving growth holistically” instead of structuring deals and advising clients.We caught up with her on her career changes, and she shared advice for those considering a…

[ad_1] Amazon CEO Andy Jassy is reshaping how Amazon works.In the past year, the company has slashed layers of management, increasing worker-to-manager ratios by 15%. He’s enforced strict cost discipline, down to monitoring how employees’ company-issued phone use is work-related. He’s updated performance metrics and pay structures. He’s sent the vast majority of corporate employees back to the office five days a week. He’s created a “bureaucracy mailbox,” to which employees are encouraged to flag unnecessary processes or rules that could be streamlined or eliminated; Amazon says the initiative has already led to 375 changes.For Jassy, who took over from…

[ad_1] One AI company cares little about being your digital best friend.On an episode of the “20 VC” podcast published on Monday, Cohere cofounder Nick Frosst said that he’s not aiming to make the company’s large language model chatty and interesting.”When we train our model, we’re not training it to be an amazing conversationalist with you,” Frosst said. “We’re not training it to keep you interested and keep you engaged and occupied. We don’t have like engagement metrics or things like that.”The Canadian AI startup was founded in 2019 and focuses on building for other businesses, not for consumers. It…

[ad_1] A top central banker has warned that President Donald Trump’s attempts to interfere with the Federal Reserve could pose a “serious danger” to both the US and global economy.”US monetary policy obviously has effects within the United States — to maintain price stability and ensure optimal employment,” Christine Lagarde, the president of the European Central Bank and former head of the International Monetary Fund, told the French radio station Radio Classique on Monday.”If it were no longer independent for this purpose, and instead depended on the dictates of one person or another, then I believe the balance of the…