alcohol

Bill Gates and Elon Musk are two of the richest men in the world and at times enemies who don't agree on much. When it comes to thoughts on drinking, the two may have more in common than they know. What Happened: A social media thread in 2023 by entrepreneur and investor Marc Andreessen ...

Following Surgeon General Vivek Murthy's Friday advisory warning about cancer risks associated with alcohol consumption and calling for updates to health warning labels, Dr. Benjamin Caplan, chief medical officer at the CED Clinic in Massachusetts, Dr. Benjamin Caplan weighed in. Caplan, a family...

Surgeon General Vivek H. Murthy issued an advisory Friday warning about the cancer risks associated with alcohol consumption and calling for updates to health warning labels that haven't been revised since 1988. Murthy also stressed the need to reassess recommended alcohol limits, citing mounting...

Donald Trump‘s 2024 presidential election win put several sectors in the spotlight, including alcohol stocks. What Happened: Some people watched the outcome of election night on television from their home. Others likely scrolled along with social media on their phone. Some attended watch...

Constellation Brands, Inc. (NYSE:STZ) announced upbeat earnings for its second quarter on Thursday. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Constellation Brands Analyst Bill Chappell reiterated a Hold rating, while...

Cannabis and hallucinogen consumption among U.S. adults maintained historically high levels in 2023, according to the latest findings from the University of Michigan's Monitoring the Future (MTF) survey. The survey, which tracks substance use behaviors and attitudes, revealed that the prevalence of...

The ongoing debate surrounding Delta-8 THC regulation in New Jersey has ignited tensions between the alcohol and cannabis industries. With recent legislation allowing liquor stores to sell hemp-derived beverages, questions are emerging about how this will impact both sectors. Delta-8 THC’s...

Boston Beer Company Inc (NYSE:SAM) reported its second-quarter financial results Thursday. Here's a look at the key figures from the report.  The Details: Boston Beer reported quarterly earnings of $4.39 per share, which missed the analyst consensus estimate of $5.10 by 13.92%. Quarterly sales...

The whiskey industry is witnessing a surge in global demand, driven in part by recent regulatory changes in international markets. Notably, the Middle East and India have become crucial players, altering the dynamics of whiskey production and distribution. India’s Ascendancy in Whiskey...

The whiskey industry is witnessing increased diversity and enhanced quality, particularly attributed to independent bottlers like The Single Cask. These entities are instrumental in introducing distinct, single-cask whiskeys to the market, offering consumers a wide range of flavors and profiles...

Constellation Brands, Inc. (NYSE:STZ) will release earnings results for its first quarter, before the opening bell on Wednesday. Analysts expect the Victor, New York-based company to report quarterly earnings at $3.46 per share, up from $2.91 per share in the year-ago period. Constellation is...

Recent financial data from Beacon Securities compares key financial metrics across the alcohol, tobacco and cannabis industries, showing that cannabis is set to outpace major players like Coca-Cola (NYSE: KO), Marlboro (NYSE: MO), and Budweiser (NYSE: BUD) in market growth. Financial Metrics...

Boston Beer Company Inc (NYSE:SAM) shares soared Friday with a report the company is nearing a sale in a move that could be a big change for one of best-known beer stocks. What Happened: Boston Beer could be nearing a sale that would value the company at a premium to its current $3 billion market...

For the first time in U.S. history, the number of people consuming cannabis daily or almost daily has overtaken those who drink alcohol with the same frequency, according to a new study published in the journal Society for the Study of Addiction. This landmark shift has substantial implications...

Sam Adams maker Boston Beer Co (NYSE:SAM) isn’t seeing its cannabis-infused beverage segment tap revenue from its flagship lager. What Happened: The company disclosed its financial results for the first quarter, which ended on March 30. Its performance exceeded analyst expectations, too....