Berkshire’s Monday Receipt Was Delta Up and Apple Still Quiet
Delta gave Berkshire a Monday pop, but Apple’s silence is still the succession tell.
Theo Kaplan
Bureau: San Francisco
Vercel Made OAuth Policy a Board-Level AI Security Story
The Vercel breach makes OAuth sprawl the board-risk version of shadow AI.
Cerebras Turned Customer Concentration Into A Public-Market Stress Test
Cerebras sold investors an AI growth story whose hard number is still customer concentration.
Waymo's Recall Is A Federal Document, Not A Meme
Waymo's flood recall has a federal campaign number, a unit count, and a remedy still under development.
Meta's AI Layoffs Are A Labor-Capex Story
Meta is cutting thousands of jobs while lifting AI capex, which makes the balance sheet the real memo.
Lululemon's Proxy Fight Turns Athleisure Into A Governance Story
Lululemon's founder fight is now about board control, margins, tariffs, and a June 25 vote.
Musk's OpenAI Trial Still Has No Verdict Receipt
No verdict means the OpenAI trial is still a document story, not a Musk personality story.
Vercel's Customer-Base Question Is Still Publicly Unanswered
The Vercel breach has a method, but still no public denominator for customer exposure.
Delta Is Berkshire's Air-Travel Bet, Not Buffett Nostalgia
Berkshire's Delta position is a demand and pricing-power claim with oil still in the room.
Abel Left No Letter, So The 13F Had To Explain Berkshire
Without an Abel letter, Berkshire's 13F and the stock tape are doing the succession explaining.