Business
Berkshire Retires Buffett’s ‘Jersey’
Business
Morning Headlines
Big business’s rush to tap AI meets reality of rising costs
Business
Bayer says no plans to restructure despite litigation threat

Bayer says no plans to restructure despite litigation threat
Business
Kraft Heinz Canada adds cheddar-based cheesecake

The cheesecake is blended with KD cheese.
Business
Quantinuum Upsizes IPO. The Year’s Biggest Quantum Offering Is Getting Even Bigger.
Quantinuum Upsizes IPO. The Year’s Biggest Quantum Offering Is Getting Even Bigger.
Business
Exclusive-SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say

Exclusive-SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say
Business
Palantir’s $369 Billion Valuation Requires Unprecedented Federal Market Share (PLTR)
I’m a full-time investor focused on special situations and opportunistic ideas across the public equity markets. My capital is concentrated in a small number of names at any given time. I’d rather own eight to fifteen high-conviction positions than a diversified basket, and I typically hold through multi-quarter or multi-year time horizons rather than trading around short-term price action. Special situations are where I spend most of my research time: spinoffs, post-bankruptcy equities, recapitalizations, activist setups, complex capital structures, forced-seller dynamics, and underfollowed micro- and small-caps where the market is mispricing fundamentals or asymmetrically discounting future cash flows. I’m drawn to ideas where there’s a clear catalyst, where the bear case is well understood, and where information asymmetry creates a window before the broader market catches up. Sector-wise, I gravitate toward companies riding durable secular tailwinds, defense and the broader national-security supply chain, AI infrastructure (the picks-and-shovels layer more than the pure-play LLM names), space and dual-use technology, and digital transformation in legacy industries. The screen is strong unit economics, high incremental returns on invested capital, defensible moats, and management with meaningful skin in the game.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
LARRY KUDLOW: Will the Los Angeles moms come home today?
FOX Business host Larry Kudlow discusses the future of California amid the primary election on ‘Kudlow.’
Once upon a time California was a truly great state. After World War II people were moving West. It was beautiful. It worked. It had good cops. It had fabulous business opportunities. Taxes were modest. Roads were being built. GI’s coming home from the war went to live there, went to school there, married there, had kids there, got educated there. Wow, what a place.
Richard Nixon came out of California. Ronald Reagan came out of California. S.I. Hayakawa, California. George Murphy. The great Pete Wilson. George Deukmejian. Even the liberals weren’t all that liberal. And most of all, California worked. But that was then.
Now, it doesn’t work anymore, as everybody knows. So today is the big election day, jungle primary day, and the big race is really for Los Angeles’s mayor. Now I won’t forget my pal Steve Hilton, with a Trump endorsement — I hope he does well in the gubernatorial race, but all the talk is about Spencer Pratt running for Mayor against Karen Bass.
This is a very important race, but it’s not really a policy debate, and it’s not really a partisan political race in the usual sense. I think it’s more a question of whether moms can win back Los Angeles as a good place to live. And this chap Spencer Pratt is going for the moms’ vote. Of course it’s about the fires. It’s about the homeless, it’s about drugs, and schools, and safety. That’s why I think it’s about moms. And I have a feeling they’re going to vote their gut. It’s not so much about policies as it is about moms and their families.
Hoover Institution senior fellow Victor Davis Hanson discusses the Los Angeles mayoral race and candidate Spencer Pratt’s promise to bring ‘common-sense’ solutions to the city’s problems on ‘Kudlow.’
My friend Victor Davis Hanson writes how the Democratic party itself has been hijacked by a bunch of left-wing Jacobins. Crazy people of whom Mayor Karen Bass is a card-carrying member.
Today’s Democrats don’t mind Nazi tattoos. They want the southern border to be open. Everything is about racism, DEI. They’re for cashless bail. Biological men in women’s sports. Arrest violent felons and put them back on the streets. Radical abortion on demand. And virtually no place for God and religion.
For some reason, these democratic left-wing Jacobins have completely lost touch with working-class folks of all colors, shapes, and sizes, which is why President Trump has whooped them two out of the last three elections: maybe three out of the last three elections.
As I said before, I really don’t think this election is a heavy dose of policy. Today’s election is not about Mr. Trump. It may not even determine whether Los Angeles ends up in dystopia or recovery for the next 20 years. Instead today’s election is about a nice guy whose home was burned in the fires, with a clever sense of humor, a lot of common sense, and an appeal to Los Angeles moms to please come home.
Business
Exclusive-Warsh pledges to follow best of Fed’s traditions, while also looking for change

Exclusive-Warsh pledges to follow best of Fed’s traditions, while also looking for change
Business
Scams have grown more sophisticated, but people are fighting back
As governments across the world restricted the movements of their citizens during Covid lockdowns from 2020, people spent more time online. We bought more online and socialised more online, and this brought us closer to the people who want to scam us. At the same time, realistic video impersonations, voices, websites, and texts became more commonplace, and scammers increased their use of social media including WhatsApp.
Business
PDO: Best For A Normalizing Interest Rate Environment
PDO: Best For A Normalizing Interest Rate Environment
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