Good morning and welcome to Markets Desk, your midday read on what's moving markets and the broader conversation.
Greg Abel's first major moves as Berkshire Hathaway's chief executive are drawing serious attention. Abel has been accumulating a position in one of the Magnificent Seven names at nearly thirty times earnings — a valuation that has prompted several high-profile hedge fund managers to head for the exits. Whether Abel sees durable long-term value where others see stretched multiples remains the central question.
Shifting to real estate, Resolution Capital quietly exited over two and a half million shares of Cousins Properties last quarter, a trade valued at roughly sixty-two million dollars. The move signals growing caution around office-heavy REIT exposure, particularly as refinancing pressure and hybrid work patterns continue weighing on Sun Belt commercial portfolios.
And in a story that sits squarely at the intersection of technology and public safety, artificial intelligence tools are increasingly appearing in the planning stages of mass violence incidents, with law enforcement frameworks lagging far behind. The cases emerging from two thousand twenty five and two thousand twenty six suggest that platform-level flagging alone is insufficient, and that regulatory and legal structures have yet to catch up with the threat.
That's the tape. Markets Desk, signing off the floor.
