Author: arthursheikin@gmail.com
[ad_1] Target Hospitality could be an under-the-radar beneficiary of data center expansion, according to Stifel. Stifel upgraded the temporary workforce housing stock to buy from hold in a Monday note, raising its price target to $11 per share from $7.50. The investment bank’s forecast implies more than 36% upside from Monday’s $8.05 close. The stock is 7% higher in reaction on Tuesday, but remains 11% lower on the year. Before the market opened Monday, Target said it signed a “multi-year contract” to construct and provide “comprehensive facility services and hospitality solutions supporting the development of a regional data center campus” somewhere…
[ad_1] “Do you miss the old internet?”That’s the question you’re hit with if you find yourself on the website for Perfectly Imperfect.Founded in 2020 by Tyler Bainbridge, a former engineer at Meta, and Alex Cushing, Perfectly Imperfect is a culture newsletter that has interviewed downtown New York idols and celebrities from Charli XCX to Lorde. It launched a social networking app in 2024.Bainbridge told Business Insider that his project is trying to capture what the old internet “felt like.””When it felt like the goal was to bring people together and the content that people were sharing was purely driven by…
[ad_1] Warren Buffett may be cashing in stocks because he sees a storm on the horizon — and could buy them back once prices tumble, a senior market strategist says.The “Oracle of Omaha” has a “history of selling out of the stock market” when economic and financial indicators are “signaling a bear market or a recession is coming,” Wedbush’s chief investment strategist, Paul Dietrich, told Business Insider.Buffett’s Berkshire Hathaway has been a net seller of stocks for 11 straight quarters, even though the market has “soared” to new highs in that period, Dietrich added.The investor’s conglomerate offloaded $212 billion of…
[ad_1] As the stock market continues to churn near all-time highs, BMO Capital Markets has some ideas for individual stocks that can work in the future. The backdrop for BMO’s recommendations: U.S. stocks recently hitting all-time highs, a stunning recovery from the early April sell-off on the back of President Donald Trump’s imposition of higher tariffs. Now investors ask if there’s cause for optimism that more gains are in store — or if the market is too overbought. But BMO is confident, with chief investment strategist Brian Belski telling clients in a recent note that U.S. stocks remain in a…
[ad_1] Donald Trump said Larry and David Ellison are giving him millions in free ads as part of their recently finalized deal to acquire Paramount.Is that true?We still don’t know — in part because David Ellison, who is now Paramount’s CEO, has refused to directly address the question.But a new report in The New York Times says an Ellison lawyer has previously denied that there’s a side deal.In July, after Fox News reported that Skydance — the Ellison-owned studio that wanted to buy Paramount — would provide millions to Trump via “advertisements, public service announcements, or other similar transmissions,” an…
[ad_1] My son is between his junior and senior years of high school. He has his driver’s license, access to the family car, and a whole list of wants that will cost him money. He also wants his own car before he heads to college and to have some money saved up.One of his plans this summer was to get a summer job. Several of his friends are gainfully employed, and he wanted to start making some money as soon as he was done studying for finals.But it hasn’t gone well. The problem is, no one is hiring him to earn…
[ad_1] Low-performer quotas can lead to some “mea culpa” moments for managers — especially if a manager has been telling their team they’re all aces, says startup founder Stefan Mai.Mai, who cofounded Hello Interview, previously worked as a senior engineering manager at Meta and a software development manager at Amazon. Both workplaces have instructed managers to be stricter in how they review employees, which has sometimes led to cuts for “low performers” or placements on performance improvement plans.Low-performer quotas typically require managers to label a certain percentage of their teams as underperformers. The quotas can be a way for a…
[ad_1] Spotify’s ad business is floundering.”We have simply been moving too slowly,” CEO Daniel Ek said on the company’s latest earnings call.Spotify has said it wants advertising to make up 20% of its overall revenue. As of June, that figure stood at 11% — a share that has barely budged over time. Second-quarter ad revenue was down 0.7% versus the prior year, and media industry analyst Brian Wieser pondered in a recent note to clients whether it had plateaued.Chris Camacho, CEO of the ad agency Cheil UK, said cracks in Spotify’s ad business have been visible for some time. That…
[ad_1] One Austin-based startup may have the answer to a crucial problem that the AI industry is still stuck on: how to power it all.Aalo Atomics says the answer isn’t the hulking nuclear plants of decades past. Instead, it’s betting on mass-manufactured smaller reactors built to sit beside the data centers they’ll fuel.That pitch earned the company a hefty check. Aalo recently closed a $100 million Series B, CEO Matt Loszak told Business Insider. Valor Equity Partners led the round, and Harpoon Ventures, Alumni Ventures, and others participated, bringing Aalo’s total funding to north of $136 million.The startup’s trajectory shows…
[ad_1] This as-told-to essay is based on a transcribed conversation with 28-year-old Melody Koh, a product designer from Germany. The following has been edited for length and clarity.I’ve worked in tech for just under 10 years. The first half of my career and the second half tell completely different stories.I built a career as a product designer working for startups, but my career has dipped since 2021.After being laid off in May 2025, I was unemployed for over two months. In August, I landed an opportunity to work as a contractor on product design for an e-commerce company. It’s tech-adjacent,…