Beverage Industry
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Elon Musk: “Don’t Drink Bud Light During Your 4th Of July Celebrations”
Elon Musk, renowned tech mogul and the CEO of SpaceX and Tesla, has been known to cause quite a stir with his Twitter activity. His latest tweet, advising against consuming Bud Light during the 4th of July celebrations, is no exception. The post has not only triggered substantial public debate but has also sent shockwaves […] More
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Just In: Anheuser-Busch Faces $16 Billion Blowback Thanks To Dylan Mulvaney
The multinational brewer, Anheuser-Busch, has undergone a substantial downturn in its market stature since the start of the second quarter of the year. This can largely be traced back to a consumer-led embargo sparked by a contentious campaign that spotlighted transgender personality, Dylan Mulvaney, during the celebrated NCAA March Madness event. Bud Light, a flagship […] More
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Just in: Major Bank Downgrades Anheuser-Busch Stocks Amid Bud Light Crisis
HSBC, the banking and financial service leviathan, recently put Anheuser-Busch under the microscope, and the prognosis wasn’t particularly cheerful. The beer brewing giant was downgraded amid growing concerns over what’s being dubbed as the “Bud Light crisis.” Carlos Laboy, HSBC’s analyst, had a cold pint of reality to serve, suggesting that the beverage stock has […] More
