Palantir’s Valuation Will Likely Reset in a Recession

A man has been arrested for second-degree murder in the 2003 death of his father, Paul Herlihy, who was found dead in Milford, New Hampshire. Douglas Herlihy, 39, was apprehended in Massachusetts and is held without bail, with extradition proceedings to New Hampshire expected to follow his arraignment. Need More Context? 🔎

A dangerous heat wave is set to impact the Midwest and Northeast, bringing triple-digit temperatures just as summer begins, with severe storms expected first across 120 million people. As the week progresses, high humidity will exacerbate conditions, leading to dangerous heat indices, particularly in major cities like New York and Washington, D.C. Need More Context? 🔎

The UBS Global Wealth Report reveals that the U.S. minted 1,000 new millionaires daily in 2024, totaling over 379,000, driven by strong stock market performance and a stable dollar, accounting for over half of the world’s new millionaires. Despite this growth, the average wealth per adult in the Americas was around $312,000, highlighting a disparity in wealth distribution. Need More Context? 🔎

A 32-year-old man, Joseph A. Rossomando, was arrested in North Carolina after a missing Pennsylvania teenager, 15, was found living in his home, nearly a year after her disappearance in June 2024. He faces multiple serious charges, including statutory rape and human trafficking, after police discovered child sexual abuse material during a search of his residence. Need More Context? 🔎

In her dissent in United States v. Skmetti, Justice Sotomayor argues that transgender individuals face discrimination and lack political power to advocate for their rights, contrasting their situation with that of other marginalized groups. She emphasizes that laws reflecting irrational prejudice against transgender persons must be struck down, regardless of whether they are classified as a suspect class. Need More Context? 🔎

U.S. Steel and Nippon Steel have finalized their partnership, retaining U.S. Steel's name and headquarters in Pittsburgh while committing to over $11 billion in investments by 2028, creating 100,000 jobs in the U.S. A National Security Agreement ensures U.S. governance of the company, including board members being U.S. citizens, while allowing U.S. Steel to operate independently. Need More Context? 🔎