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7:03 a.m.: Bernstein cuts price target on Nike amid innovation critiques Bernstein sees slightly less room for Nike to rebound. — Alex Harring 6:25 a.m.: Jefferies recommends buying NextEra Energy Partners despite buyout concern Jefferies came out of the gates optimistic on NextEra Energy Partners . Analyst Julien Dumoulin-Smith initiated coverage of the Florida-based renewable energy stock at a buy rating. — Alex Harring 5:54 a.m.: AI helps HubSpot compete, BofA says Bank of America is keeping an eye of HubSpot's artificial intelligence work. — Alex Harring 5:46 a.m.: JPMorgan says to sell Five Below JPMorgan turned bearish on Five Below , citing challenges that are hard to surmount for the value-focused retailer during a tough year.
Persons: Piper Sandler, Bernstein, Aneesha Sherman, Sherman, Alex Harring, BTIG, it's, Jake Fuller, Fuller, DoorDash, — Alex Harring, Jefferies, Julien Dumoulin, Smith, Hertz, Dan Levy, Levy, Avis, HubSpot, BofA, BofA's Brad Sills, Sills, monetization, Matthew Boss, Boss, Abbott, Adam Maeder, necrotizing, ABT, Maeder, Fred Imbert Organizations: CNBC, Laboratories, JPMorgan, Nike, Dow Jones, Jefferies, NextEra Energy Partners, Barclays, Hertz, Bank of America, LSEG, Abbott Laboratories Locations: Wednesday's, Florida, Thursday's premarket
Lux Capital has backed multiple first-time founders this year even as their investment pace slows. In early-stage investments, Lux Capital's Deena Shakir said founders' characters are paramount. Of those 13 founders, Lux Capital has backed four, making it the most-represented venture-capital firm on the list. Here are the top three traits Shakir said she's looking for right now in the founders that Lux Capital backs, in no particular order:1. Founder-market fitWhen examining a startup, Shakir said she has to first ask the question of why the founder is starting this particular company.
Rethink Robotics was founded in 2008 with the idea that a cobot — a robot working alongside humans in ways that traditional automation couldn't (i.e. "There is no such thing as the cobot without Rod Brooks," Beane said. "No one needs a two-armed robot," Beane said, describing that design decision as "humans projecting onto a robot their own physical form." The opportunity for robotics technology remains significant, though it is still trailing other automation approaches in market penetration. "Manufacturing is about high throughput and high consistency and you can automate the heck out of it without a cobot," Beane said.
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