Author: arthursheikin@gmail.com

[ad_1] Nike’s latest quarterly report showed the company is righting its ship, according to KeyBanc. The bank upgraded the apparel retailer to overweight from sector weight. Its price target of $90 implies upside of more than 21% from Wednesday’s close. Nike on Tuesday reported fiscal first-quarter earnings and revenue that beat analyst expectations. And while the company did warn about a sluggish holiday season, KeyBanc analyst Ashley Owens thinks Nike is positioning itself for a “sustainable recovery” after languishing in recent years. “We believe 1Q results highlight improving trends from ‘Win Now’ actions. While we acknowledge some [near-term] choppiness remains…

[ad_1] JPMorgan refreshed its list of favorite stocks after Wall Street wrapped up an unusually strong September. The S & P 500 added 3.5% last month, rising to record levels, boosted by a Federal Reserve rate cut and data that showed the U.S. economy remained resilient even in the face of some signs of slowing. September is historically the worst month for the benchmark, averaging a 0.7% loss, according to the Stock Trader’s Almanac. As October begins, JPMorgan’s top stocks could help investors build on the strong September performance. The bank’s analyst focus list, updated monthly, now includes names such…

[ad_1] This as-told-to essay is based on a conversation with José Armario, the CEO of Bojangles. It’s been edited for length and clarity.I’ve been CEO of Bojangles since 2019, when we took the company private. From the very beginning, I knew we had a special brand on our hands — now, I’m in charge of making sure everyone else knows it, too.That means making sure it’s clear we’ve got something for everyone, even when everyone wants something different.For decades, Bojangles was the best-kept secret in the restaurant industry. We were a powerful regional chain, founded in Charlotte, but for most…

[ad_1] Mindy Zemrak has spent more than 20 years helping to shape the biggest entrepreneurial stage on television.As the supervising casting producer for “Shark Tank,” she said she has watched more than 250,000 hopeful founders pitch their companies in the hopes of landing an investment — and a chance at changing their lives.On Monday at the Clover x Shark Tank summit in Las Vegas, Zemrak shared what she’s learned about the difference between a forgettable presentation and one that grabs the attention of both the “Sharks” and an audience of millions.After sitting through thousands of auditions and open calls each…

[ad_1] Bitcoin could go “to the moon” in October, if the asset follows its historical price pattern for the month, according to Compass Point. The world’s oldest cryptocurrency notched gains in 10 of the last 12 Octobers since 2013, making it the strongest month for the asset in terms of seasonality. The digital asset’s historically strong performance in October has led bitcoiners to rechristen the month “Uptober.” “October’s strength is typically supported by September weakness, where seasonally softer September performance historically improves October’s [month-over-month] setup,” Compass Point analyst Ed Engel said Tuesday in a note to clients. Those seasonal tailwinds…

[ad_1] Even without a Neuralink implant, Elon Musk has a lot going on in his head. Nvidia CEO Jensen Huang says the way Musk’s brain works makes him capable of accomplishing “unique” feats.Musk plays a pivotal role in at least five companies and is building tech from robots to self-driving cars to AI companions. On top of all that, he’s also building Colossus II, which he said was “the world’s first Gigawatt AI training cluster.”On the “BG2 podcast,” Huang said that Musk kept scores of information within his head — making him similar to one of Nvidia’s chips.”These AI supercomputers…

[ad_1] Editor’s note: In June 2024, Business Insider wrote about a supply-chain professional named “Lisa,” in Wisconsin, who was secretly working multiple full-time jobs. (Lisa is a pseudonym, but Business Insider has confirmed her identity.) Read our story here. In a recent interview, Lisa shared how she has adapted to life with one job and managed to maintain a similar standard of living.Secretly working two full-time jobs was a game changer for Lisa and her family. That chapter is closed, but she’s still clinging to the lifestyle it made possible.In 2020, Lisa was earning roughly $110,000 a year in a…

[ad_1] You might call it pre-applying.Talking with an employer before the company posts a job, not after, could help you land a role there, veteran career coach Laura Labovich told Business Insider.She recommends that job seekers identify where they want to work, examine their network for any ties to the organization, and start building relationships inside prior to a job post even going up.”The way to win is to not apply. Get in before they have the opening. Make connections. Become an insider,” Labovich said.If you wait until you see a job posting before contacting an employer, she said, you…

[ad_1] Move over, Amazon. It looks like there’s a new industry-disrupting company in town.That would be OpenAI, which unveiled a new arsenal of internal AI-powered software-as-a-service tools this week, causing a mass stock sell-off in the space.If it sounds like something Amazon might do, that’s because the retail and cloud-computing titan has been having the same on a wide range of industries for years. It even picked up a nickname over time: “getting Amazon’d.” Just ask the pharmaceutical, insurance, and grocery industries about their experiences seeing market value wiped out.While “getting OpenAI’ed” doesn’t have the same ring to it, the…

[ad_1] Mark Cuban has never been shy about telling entrepreneurs what he thinks they need to hear.That was on full display on Monday at The Venetian in Las Vegas during the Clover x Shark Tank Summit, where the billionaire investor and former “Shark Tank” star challenged founders to cut through the hype, put customers first, and rethink how they use new technology.From bootstrapping in a tough economy to protecting intellectual property in the AI age, Cuban shared his rules for building and surviving in business. Mark Cuban said entrepreneurs should talk to their customers more — even when it’s uncomfortable.…