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Sources: self-driving simulation software maker Applied Intuition is in talks to raise at least $1.5B led by General Catalyst at a ~$30B pre-money valuation (Bloomberg)

Applied Intuition Inc., a defense contractor developing technology for autonomous vehicles, is in talks to raise at least $1.5 billion …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

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Werner Enterprises: 3 Key Takeaways for Long-Term Investors

Regulatory barriers and fleet restructuring are creating high barriers to entry; management describes a roadmap back to 10%+ margins.

  • Werner reduced its One-Way Truckload fleet by 37% to focus on higher-margin Dedicated unit
  • Company invested in driver recruitment and training despite temporary earnings dip
  • Werner positioned to benefit from rising freight rates and improved margins

SNDL: 3 Key Takeaways for Long-Term Investors

A regulatory settlement in Ontario will shrink reported revenue by CAD 105 million while barely denting operating profit, exposing the real earnings power underneath.

  • SNDL reported CAD 20 million in record quarterly free cash flow
  • Company exiting unprofitable domestic dried flower sales
  • Indirect ownership in Parallel increased to 92% through rights offering

Daily Dividend Report: ADP,HY,KRC,PRU,HAL

The board of directors of ADP approved a $0.20 increase in the quarterly cash dividend to an annual rate of $7.60 per share, Maria Black, ADP's President and Chief Executive Officer, announced today.

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