US pizza chain Marco’s Pizza has launched its first New Jersey outlet in Somerset, marking the brand’s entry into the Central Jersey market. The restaurant is located at 1135 Easton Avenue. The Somerset location is operated by franchisee Teepu Khan, a restaurant industry veteran with long-standing experience running large-scale outlets for national brands such as KFC, Pizza Hut and Dunkin'. Khan said: “I've always loved the pizza category, but I saw how the industry was changing. When I discovered Marc ...

Investment Overview - Berkshire Hathaway purchased $6.4 billion worth of equities in the third quarter, with six new U.S. equity purchases reported in its 13F filing [2][3] - The company has been selling more stocks than it buys for 12 consecutive quarters, indicating a challenging investment environment [3] Recent Stock Purchases - The six stocks purchased by Berkshire Hathaway include: 1. Alphabet: 17.8 million shares 2. Chubb: 4.3 million shares 3. Domino's Pizza: 348,000 shares 4. Lamar Advertising: 32,603 shares 5. Lennar: 2,007 shares 6. Sirius XM: 5 million shares [5] Performance of Key Stocks - Domino's Pizza has shown strong performance with U.S. same-store sales climbing 5.2% in the third quarter, outperforming competitors [4] - Sirius XM faces competition from streaming services but maintains a steady subscriber base due to ties with new car sales [6][7] - Chubb is recognized for its scale and competitive advantage in the property and casualty insurance sector [8] Alphabet as a Standout Investment - Alphabet is noted for its strong cash flow generation, with free cash flow of $73.5 billion over the trailing 12 months, despite heavy investments in data centers for Google Cloud [14] - The company's advertising revenue has accelerated, reaching 15% growth in the most recent quarter, aided by effective integration of AI into its search engine [12] - Alphabet's operating margin improved to 24%, and its earnings multiple of 29 is considered a fair price for the stock [15][16]

Core Viewpoint - Pizza Hut is reintroducing the popular Triple Treat Box for the holiday season, accompanied by a limited-edition onesie designed in collaboration with Tipsy Elves, aimed at enhancing the festive experience for customers [1] Product Offering - The Triple Treat Box includes two medium one-topping pizzas, five breadsticks, and a choice of dessert, all presented in festive holiday packaging [1] - The limited-edition onesie, inspired by the Triple Treat Box design, is priced at $89.95 and available in men's and women's sizes (small-2XL) [1] Marketing Strategy - Pizza Hut emphasizes its commitment to creating enjoyable holiday experiences, with the Triple Treat Box designed to cater to festive gatherings and celebrations [1] - The company aims to engage customers through social media and its loyalty program, Hut Rewards, which offers points for every dollar spent [1] Company Background - Pizza Hut, a subsidiary of Yum! Brands, operates nearly 20,000 restaurants globally and is recognized for its innovative pizza offerings [1] - The brand has a strong digital presence, with over half of its transactions coming from digital orders [1] Collaboration - The partnership with Tipsy Elves, known for its quirky apparel, aims to enhance the holiday spirit and provide customers with fun, themed clothing options [1]

Core Insights - Berkshire Hathaway is preparing for a leadership transition as Warren Buffett will pass the CEO role to Greg Abel, with the latest quarterly regulatory filing being the last under Buffett's tenure [1] - Despite being a net seller of stocks, Berkshire made nine notable purchases in Q3, with Alphabet being the standout acquisition [2][3] Berkshire's Q3 Purchases - The largest purchase was over 17.8 million shares of Alphabet, valued at approximately $4.3 billion, indicating a significant investment in the tech giant [3] - Berkshire also increased its stake in Chubb by nearly 4.3 million shares and raised its position in Domino's Pizza by about 13.2% [4] - Additional purchases included 32,603 shares of Lamar Advertising and increased stakes in Lennar Class A and B shares for the second consecutive quarter [5] - Sirius XM Holdings saw a 4.2% increase in Berkshire's position, highlighting its growing favor among Buffett's team [6] Performance of Acquired Stocks - Alphabet's shares have surged around 50% year-to-date, benefiting from a strong AI tailwind, particularly through its Google Cloud unit [8] - Mitsubishi has also performed well, nearly matching Alphabet's growth in 2025 [9] - Sirius XM leads in income generation with a forward dividend yield of 5%, while Lamar Advertising follows closely with a yield of 4.8% [12] Long-term Outlook - Although Sirius XM ranks highly in certain metrics, Alphabet is expected to be the biggest long-term winner due to the anticipated continued growth in AI and its leadership in the robotaxi market through Waymo [13][14] - Alphabet's potential in the smart glasses market and advancements in quantum computing further position it for significant future growth [14] - While Alphabet may not be the cheapest stock or offer the highest dividends among Berkshire's recent purchases, it represents a strong addition to the portfolio [15]

Group 1: Amazon - Amazon has a market cap of approximately $2.35 trillion, and to double the investment, it would need to reach $4.7 trillion, slightly above Nvidia's current market cap [3] - The company's online sales are no longer in a high-growth phase, but its subscription, third-party seller, and advertising businesses are expected to drive positive operating income [4] - The majority of Amazon's operating income comes from Amazon Web Services (AWS), which has been a leader in the cloud computing industry and is enhancing its capabilities in artificial intelligence [5] - Amazon's stock is currently trading at a P/E ratio of 34, significantly lower than previous years when it was above 100 times earnings, making it potentially attractive for investors [6] Group 2: Domino's Pizza - Domino's Pizza is the world's largest pizza chain, with over 21,500 locations in more than 90 countries as of the end of Q2 fiscal 2025 [7] - The company has adopted a digital-first approach and menu innovations, such as parmesan-stuffed-crust pizza, which help it stand out in a competitive market [8] - Despite its size, Domino's growth phase is ongoing, and it offers competitive advantages and growing dividends that may attract investors [9]

Core Insights - Serve Robotics and Little Caesars have partnered to deliver pizzas using autonomous delivery robots in Los Angeles via Uber Eats [1][2][4] - Serve's third-generation robots can carry up to four large 16-inch pizzas along with additional items while maintaining food quality [3] - The partnership aims to enhance customer delivery experience and align with Little Caesars' commitment to innovation and sustainability [4] Company Overview - Little Caesars is the third-largest pizza chain globally, founded in 1959, with a presence in all 50 U.S. states and 30 countries [5][7] - The brand is known for its HOT-N-READY® pizza and innovative services like the Pizza Portal® pickup [6] - Little Caesars emphasizes quality ingredients and aims to reduce its environmental footprint through technology [4][6] Industry Context - The partnership with Serve Robotics is part of a broader trend in the $150 billion global pizza industry towards automation and enhanced delivery solutions [7][9] - Serve Robotics, spun off from Uber in 2021, focuses on sustainable and economical delivery solutions, having completed tens of thousands of deliveries [9]