May 16, 2023

Bud Light Backlash Shows No Sign Of Letting Up, And Now There Is Contagion To Budweiser, Busch And Michelob

It will probably not come as a surprise to anyone – except some woke millennial Harvard MBA grad – but Bud Light volume and sales declines have worsened, according to the latest industry point-of-sales data, suggesting the tranny-influencer backlash is showing no signs of letting up. As Bloomberg’s Janet Freund notes, the most recent third-party […]

Bud Light Backlash Shows No Sign Of Letting Up, And Now There Is Contagion To Budweiser, Busch And Michelob Read More »

Etsy Stock Is Sliding Today: What’s Going On? – Etsy (NASDAQ:ETSY)

Etsy Inc ESTY shares are trading lower Tuesday. Morgan Stanley lowered its price target on the stock ahead of the open.  What Happened: Morgan Stanley analyst Lauren Schenk maintained Etsy with an Equal-Weight rating and cut the price target from $79 to $74, citing growth concerns.  “Our new LTV/CAC model shows ETSY is hitting limits on its ability to profitably add larger cohorts. We

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A Look Into Horizon Therapeutics’ Debt – Horizon Therapeutics (NASDAQ:HZNP)

Over the past three months, shares of Horizon Therapeutics Inc. HZNP fell by 13.54%. Before having a look at the importance of debt, let’s look at how much debt Horizon Therapeutics has. Horizon Therapeutics Debt Based on Horizon Therapeutics’s financial statement as of May 3, 2023, long-term debt is at $2.54 billion and current debt

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Why Capital One Stock Is Climbing Higher Today – Capital One Finl (NYSE:COF)

Capital One Financial Corp COF shares are trading higher Tuesday after Berkshire Hathaway took a new stake in the financial services company.  What Happened: According to a new 13-F filing, Warren Buffett’s Berkshire Hathaway purchased 9.922 million shares of Capital One valued at more than $950 million. Capital One wasn’t the only change in the banking space

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Musk Fires Back At ‘Idiotic’ Epstein Allegations — Says Never Needed Financial Advice From ‘A Dumb Crook’ – JPMorgan Chase (NYSE:JPM)

Tesla and SpaceX CEO Elon Musk was served with a subpoena last month by the U.S. Virgin Islands in connection with the government’s lawsuit against JPMorgan Chase & Co. JPM over the financial services giant’s potential involvement in sex offender Jeffrey Epstein’s activities. Court filings made public on Monday suggested that Epstein may have introduced

Musk Fires Back At ‘Idiotic’ Epstein Allegations — Says Never Needed Financial Advice From ‘A Dumb Crook’ – JPMorgan Chase (NYSE:JPM) Read More »

US To Replenish Strategic Petroleum Reserve With 3M-Barrel Buy: How Oil Market Reacted – United States Brent Oil Fund, LP ETV (ARCA:BNO), Vanguard Energy ETF (ARCA:VDE)

The Department of Energy has issued a solicitation for sour crude oil as it seeks to purchase up to 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in continuation of the Biden-Harris Administration’s three-part replenishment plan. The DOE said in a statement that it aims to repurchase crude at a lower price

US To Replenish Strategic Petroleum Reserve With 3M-Barrel Buy: How Oil Market Reacted – United States Brent Oil Fund, LP ETV (ARCA:BNO), Vanguard Energy ETF (ARCA:VDE) Read More »

Japanese Stocks Rallied Five Weeks In A Row After Warren Buffett’s Bet, Outperforming A Nearly Flat S&P 500 – WisdomTree Japan Hedged Equity Fund (ARCA:DXJ)

Since Warren Buffett expressed willingness to raise his exposures to Japanese trading companies on April 10, the Nikkei 225 index, which represents the broad Japanese stock market, registered gains for five straight weeks, increasing by 8% and surging back to November 2021 highs.  In comparison, the S&P 500 index, which is tracked by the SPDR S&P 500 Trust

Japanese Stocks Rallied Five Weeks In A Row After Warren Buffett’s Bet, Outperforming A Nearly Flat S&P 500 – WisdomTree Japan Hedged Equity Fund (ARCA:DXJ) Read More »

Churchill Capital Corporation II: SPAC Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) — The Portnoy Law Firm is investigating Churchill Capital Corporation II relating to its proposed merger with Skillsoft and Global Knowledge (SKIL). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone

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