😁 Happy Friday! It’s the last weekend of the 2025 Iowa State Fair! Time for one more round of fried food, people-watching, and maybe even a sky-high corn dog. If you haven’t made it out yet, this is your chance— because once the fair’s over, so are the cheese curds.

Weekend Weather:
Today 🌦 Hi 90, Sat ☀ Hi 97, Sun ☀ Hi 95, Mon 🌦 Hi 93

B&A Club:
🎂 Happy Birthday
Kim Handlos -- Carroll
Frankie Potthoff -- Breda (7 yrs)
Ben Gradoville -- Carroll
Corinne Major -- Glidden
PJ Scheckinger -- Carroll
🥂 Happy Anniversary
Zach & Caitlynn Klocke -- Dedham (5 yrs)
Nick & Mickey Klocke -- Coon Rapids (10 yrs)

“There’s never been a company that has that type of multiple or that type of P/E that’s not corrected 50%,” Citron Research’s Andrew Left said.

Matt Phillips

Short seller Andrew Left, of Citron Research, spotlighted Palantir’sPLTR $181.35 (-1.83%) seemingly absurd valuation in a television appearance Wednesday, suggesting that the retail momentum favorite — the best-performing stock in the S&P 500 this year — could be set up for a serious stumble.

“If this was the greatest company that was ever created and we gave it the same multiples as, let’s say, Nvidia in 2023, the stock still can get cut by two-thirds,” Left said during an appearance on Fox Business, adding that he is shorting the defense data and AI software company as part of a diversified portfolio.

Left is perhaps best known for being one of the short sellers whose bets against GameStopGME $22.85 (-0.54%) made him a handy foil for individual traders who rallied around the video game retailer’s shares back in 2021.

His issue with Palantir largely comes down to the company’s market valuation, which we — and many others — have previously spotlighted as downright absurd, dwarfing even the most optimistic valuations ever placed on tech giants, even those that actually became some of the greatest money machines in the history of capitalism.

But Palantir’s market multiples have only seemed to get more absurd, especially after it delivered a great Q2 earnings report earlier this month that received rave reviews from analysts. full story

As the summer break draws to a close, the Animal Rescue of Carroll (ARC), in partnership with the Carroll Aquatic Center, is offering local dog owners an opportunity for their pets to play in the pool this weekend. ARC Director Jessica Briggs says their annual Doggie Dip is always popular, and she expects another crowd this year. The 2025 ARC Doggie Dip will be held on Sunday, Aug. 17, from 5:30 p.m. to 7:30 p.m. The entry fee is $10 per dog or $15 for two dogs, which is a slight increase from last year to account for rising expenses at the shelter. Participation is as easy as showing up with your pooch and paying the admission fee. However, Briggs asks owners to consider how their dog may interact with others before bringing them. Briggs says the money generated from fundraisers like this generally supports operational expenses, but they have a specific idea in mind for 2025’s Doggie Dip. Again, the Animal Rescue of Carroll’s Doggie Dip is this Sunday from 5:30 p.m. to 7:30 p.m. at the Carroll Aquatic Center.

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⛪ The St. John’s Catholic Church in Arcadia is celebrating a significant milestone, 150 years in the community, and inviting all out for packed-full weekend event at the end of this month. Aug. 29 though the 31, St. John’s has activities planned to suit all ages for a fun community gathering. Amber Hoffman, a chairman of the organizing committee, says the weekend gets underway that Friday with a reunion to bring everyone back. Saturday has activities from 8 a.m. until 11:30 p.m. with something for everyone. Saturday night will wrap up with a live and silent auction and a street dance featuring Wild Ambition from 7:30 p.m. to 11:30 p.m. Hoffman says they are grateful for all of the wonderful auction items available to bid on, donated from local businesses and individuals. The weekend will wrap up on Sunday with mass at noon at St. John’s, with a Staley’s Chicken dinner following the service at the Church Hall. The cash raffle drawing will be the grand finale of the event; raffle tickets can be purchased by calling the church at 712-689-2595 or messaging the St. John’s Catholic Church 150^th Celebration Facebook page. Hoffman says this milestone would not be possible without the support from parishioners and hopes all come out to celebrate. Again, St. John’s Catholic Church’s 150^th Celebration is Aug. 29 through 31 in Arcadia. The complete schedule and additional details can be found on their Facebook page.
 
💧 Residents in Odebolt that reside east of Willow Street have been placed in a boil advisory until further notice. While replacing a hydrant in town, the system lost pressure, resulting in some citizens experiencing little to no water. Every city resident east of Willow Street is asked to boil water for at least one minute if planned to be used for cooking, consumption purposes or making ice, or to use bottled water as an alternative. Using city water for general cleaning and showering is still safe. The order will be in effect until samples have returned free from bacteria, which can take up to 48 hours. Anyone with questions is asked to contact city hall by calling 712-668-2231.

👑 Audubon County Fair Queen, Emily Foran, was selected to receive the Queen Alumni Award during the Iowa State Fair Queen competition on Aug. 9. The Queen Alumni Award is granted to an individual that is known as an innovative thinker, someone with an entrepreneurial spirit, expressing creativity, and encouraging others in her community to make the most of opportunities. The award is presented in memory of Julie Wolterman who was the 1993 Iowa State Fair Queen, who assisted coordinating the queen competition for 19 years. Foran is from Audubon and is the daughter of Joseph and Kristin Foran. She was actively involved in 4-H and FFA throughout school and plans to attend Colorado State University to study business, marketing, and Spanish. Foran received a $500 scholarship, a plaque from the Iowa State Fair and a bouquet of flowers from Boesen the Florist. The 2025 Iowa State Fair Queen was awarded to Riah Schrage of Grundy County, with Ashylnn Gunnerson of O’Brien County first runner-up, Annalise Buxton of Union County second runner-up and Emery Hawkins of Appanoose County for third runner-up. Kelsey Greenslade of Dallas County was presented the Outstanding Leadership Award and Alexandria Ken of Fayette County was honored with the Personality Plus award.

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Cooper Worth Des Moines Register

We're coming into the last days of the 2025 Iowa State Fair, and Friday features classic fair staples during the day and the return of a multiple-time Grandstand headliner at night.

Here's what you need to know about the weather and daily events at the fair on Friday, Aug. 15.

Pleasant skies and low August temperatures have created ideal conditions for attending the fair over the past few days, but Friday will be significantly hotter, with a high of 92 degrees and a heat index value exceeding 100 degrees, according to the National Weather Service.

Temperatures will dip into the night, with a low of 74 degrees and partly cloudy conditions.

more info

MORE STATE NEWS:

✅TAKE A LAP: Wander around the ISF one more time this weekend… until next year!
✅FEAST: Try the new foods at the Iowa State Fair before it’s over!
✅SKEWERED & PROUD: Weird, surprising, and over-the-top foods on a stick.
✅HEAD START: How early is TOO early to start decorating for fall?
✅CHECKLIST: Things to do before summer is over.
✅COMING UP: Live + Local on Thursdays!
✅FRIDAY: Homecare Options open house!
✅SATURDAY: Pella Summer Concert Series at Swan Lake State Park!

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