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- [00:01]
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When you're a maintenance engineer in a beverage manufacturing plant, you keep production lines moving and quality on track because there's no room for slowdowns. With Grainger's vast selection of high quality motors, sensors, belts and hard to find parts, you can get what you need fast and all in one place. So nothing gets in the way of getting the job done. Call 1-800-GRAINGER Click grainger.com or just stop by Granger for the ones who get it done.
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This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is U. S Iran, CeaseFire, SpaceX, the Market Store and more. So here's the discussion today. First, the US And Iran have essentially agreed to a ceasefire. The ceasefire amounts to an agreement to start negotiations with Iran over nuclear issues and other complicated issues. It should really be viewed as a start, not a finish. Essentially what President Trump said in his Truth social post is talks on a final peace deal are expected to begin within 60 days. So again, we view this as a start, not a finish. President Trump or Bloomberg reports Trump leaves the hard part for later in long awaited Iran deal. So that's sort of the US Iran ceasefire. Second, the markets are on fire this morning. Just thrilled quite frankly about the potential ceasefire. We're recording at about 11 central today. The markets are almost 2 percentage points. So that is a welcome positive in the markets. And so whether ending the war is the right thing or the wrong thing, the markets certainly are surging based on that and love that. So that's what's going on there. Third, SpaceX hits a home run. It went public last week. Its immediate market cap is higher than $2 trillion. To give a sense of the size of the market cap, that will make SpaceX the sixth largest market company in the US after Nvidia, Alphabet, Apple, Microsoft and Amazon, all long term companies. Sort of just fascinating to watch. So those are three of the stories that we're really watching today. Iran, US peace deal or ceasefire. SpaceX goes public, knocks it out of the park and finally the market's soaring. We'll see how that continues, but just absolutely fascinating to watch. Thank you for listening to the Becker business and the Becker Private Equity Podcast. Thank you very, very.
- [02:48]
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Grainger knows when you're a procurement manager for an office park, you're not managing one building, you're managing all of them. And to stay ahead, you need to see through walls and around corners. Lights about to fail, filters ready to clog. H Vac on its last leg. If you wait until something breaks, you're already behind. Count on Grainger for quality products, easy reordering and 24. 7 support. Call 18 granger click granger.com or just stop by Granger for the ones who get it done.