LeadStory

What are the top business headlines?

Asked 4 hours ago

Answer

Major business headlines include Anthropic seeking a $150B valuation with Middle East funding, Comic-Con driving a sales boom for San Diego businesses, U.S. House subpoenas for big bank CEOs over Chinese IPO concerns, and strong market momentum in quantum and nuclear sectors. Alaska Airlines expects a better second half despite recent IT outages, and Berkshire Hathaway's stock shows no 'Buffett premium.'

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CNBC

UBS: There wasn't 'Buffett premium' built into Berkshire's stock price

CNBC · Current
CNBC
CNBC
Current
  • Berkshire Hathaway has underperformed the S&P, but UBS remains positive on the stock.
  • UBS analyst Brian Meredith says there was no 'Buffett premium' in Berkshire's valuation. 1m 2s
  • Meredith highlights Berkshire's permanent capital, strong balance sheet, and strategic advantages. 1m 10s
  • The company's insurance and non-insurance businesses are showing earnings strength. 1m 51s
  • Meredith sees Berkshire as a defensive investment with potential for earnings growth. 2m 21s
Business

References

UBS: There wasn't 'Buffett premium' built into Berkshire's stock price
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CNBC
1 day ago
UBS: There wasn't 'Buffett premium' built into Berkshire's stock price

UBS states Berkshire Hathaway's stock price does not reflect a 'Buffett premium' and remains positive on its future prospects.

Anthropic doubling valuation to over $150B with Middle East funds
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CNBC
1 day ago
Anthropic doubling valuation to over $150B with Middle East funds

Anthropic is aiming to more than double its valuation to over $150 billion, seeking up to $5 billion in funding from Middle East investors.

Comic-Con powers major sales boom for San Diego businesses
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Scripps Local
2 days ago
Comic-Con powers major sales boom for San Diego businesses

Comic-Con is powering a major sales boom for San Diego businesses, with local restaurants and artists seeing record sales.

Quantum, nuclear names continuing to break out
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CNBC
2 days ago
Quantum, nuclear names continuing to break out

NVIDIA's surge and momentum in quantum and nuclear sectors are driving record highs in the S&P and Nasdaq indices.

Alaska Airlines: We expect a better second-half of the year
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CNBC
3 days ago
Alaska Airlines: We expect a better second-half of the year

Alaska Airlines reports strong Q2 results but issues lighter Q3 guidance due to an IT outage, expecting improved performance in the year's second half.

U.S. House Committee subpoenas big bank CEOs over IPO concerns
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CNBC
3 days ago
U.S. House Committee subpoenas big bank CEOs over IPO concerns

The U.S. House Committee has subpoenaed big bank CEOs over concerns regarding their involvement in the IPO of a Chinese company linked to the military.

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