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Bill Gates Has Already Lost Millions On His Bud Light Comeback Bet
Tuesday, October 24, 2023 - 10:20am | 943Read More...Bill Gates, the seventh-richest person in the world according to the Forbes 2023 list, has been losing money on one of his latest investment bets. Gates, who amassed his wealth by cofounding and leading Microsoft Corp. for decades before retiring in 2008, has since focused on investing in...
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Breweries In Crisis: From Bud Light's Decline To Metropolitan Brewing's Bankruptcy
Saturday, October 21, 2023 - 3:16pm | 524Read More...While major beer brands like Bud Light are currently facing challenges, smaller brewers aren't necessarily reaping the benefits either. Many craft breweries are grappling with financial difficulties, leading some to shut their doors for good. What Happened: Following the fallout...
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Strong Beer Performance Fueled Constellation Brands To Overcome Slumping Wine And Spirit Demand
Monday, October 9, 2023 - 10:35am | 484Read More...On Thursday, Constellation Brands Inc (NYSE: STZ) touted the strong performance of its beer portfolio as the Corona beer maker raised its annual guidance upon delivering a fiscal second quarter sales and profit beat. Like its peer, Brown-Forman Corporation (NYSE: BF-B),...
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Taylor Swift Boosts Travis Kelce's Popularity: Stocks That Could Benefit From The Love Story
Wednesday, October 4, 2023 - 11:40am | 640Read More...NFL star Travis Kelce's romance with musician Taylor Swift could be a win for brand partners in terms of endorsements and deals. What Happened: A new Morning Consult poll shows that awareness and favorability for the Kansas City Chiefs tight end have increased over the last year. This is due...
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From Farm Land To Bud Light, Here Are Notable Investments Bill Gates Has Made In The Past 2 Years
Monday, September 25, 2023 - 11:09am | 837Read More...When it comes to investing, Bill Gates is no stranger. While you'd expect the majority of his investments to be in the tech sector, Gates has had great success investing outside of his comfort zone. Gates continues making new investments through his personal wealth, holding company Cascade...
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Bud Light Faces Brewing Storm In 2024 As Rival Gears Up For Super Bowl LVIII
Wednesday, September 20, 2023 - 11:48am | 933Read More...Beer brand Bud Light has had an eventful 2023 with calls for boycotts against the company and declining sales. While the company has lost market share to other beer brands, it could be in for more trouble in 2024 with a rival ready to go after one of its key demographics. What Happened: Bud Light,...
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Dylan Mulvaney Wants To Star In A Beer Super Bowl Ad, But Not For Bud Light
Thursday, September 14, 2023 - 5:39pm | 861Read More...Influencer and trans activist Dylan Mulvaney has had quite the eventful 2023, with negative headlines linked to her more often than positive ones. Mulvaney is linked to boycotts against Bud Light and could be one of the reasons why market share and the stock price have taken a hit in 2023. Mulvaney...
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'I'm Licking My Chops To Teach This Case': Kevin O'Leary Calls Bud Light's Marketing Gaffe A 'Chestnut Case In Business Schools.' Will The Battered Beer Brand Make A Comeback?
Thursday, September 7, 2023 - 12:42pm | 1000Read More...Bud Light’s marketing blunder is changing the beer industry landscape. According to “Shark Tank” star Kevin O’Leary, the impact is so unprecedented that he’s pumped to teach the case to business school students. “It’s such an incredible story that it’...
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Bill Gates's Bold Bet On Bud Light's Comeback: Acquires 1,703,000 Shares Amid Slump As Brand Aims To Win Back Customers With NFL Sunday Ticket Campaign
Tuesday, September 5, 2023 - 9:47am | 708Read More...In 2023, Anheuser-Busch InBev (NYSE:BUD) faced substantial challenges. The company was embroiled in a media frenzy because of a highly publicized transgender controversy linked to a Bud Light campaign. The controversy took a toll on the company, leading to a 20% drop in its share prices in May. To...
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Bud Light's Hail Mary To College Football Fans: A Brand Revival Touchdown Or Risk Of Interception?
Thursday, August 31, 2023 - 5:48pm | 845Read More...Beer giant Anheuser-Busch InBev (NYSE: BUD) has had a rough 2023 with its Bud Light brand suffering a sales decline on the heels of boycotts and controversy. The brand has been targeted by musicians, politicians and others and lost its top-selling beer status. Now, Bud Light is intensifying its...
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Dividends, AI, Electric Vehicles Are Top 2023 Investing Themes: Retail Investor Survey
Wednesday, August 30, 2023 - 9:00am | 894Read More...In 2023, one of the rising themes for investors to consider is artificial intelligence. A new survey shows how important artificial intelligence is as an investment theme — and as a possible tool to help investors along the way. What Happened: A report from investing platform Public...
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Dylan Mulvaney Wins Breakout Creator Award, Takes Subtle Shot At Bud Light In Speech
Monday, August 28, 2023 - 2:59pm | 825Read More...Beer giant Anheuser-Busch InBev SA (NYSE: BUD) has seen its Bud Light brand suffer a sales decline on the heels of boycotts and controversy. The brand has been targeted by musicians, politicians and others and lost it top-selling beer status. A person associated with the original controversy took a...
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'Make That Brand Great Again': Anheuser-Busch Heir Billy Busch Wants To Buy Bud Light Back, Blasts The Company For Using 'Woke Students' To Do Marketing. Will It Really Happen?
Thursday, August 24, 2023 - 10:27am | 902Read More...More than four months after Bud Light's marketing blunder, the beer brand remains in the spotlight. Now Billy Busch, heir to the Anheuser-Busch dynasty, presents an intriguing proposition to Bud Light's parent company, Anheuser-Busch InBev SA (NYSE:BUD). "I urge that company, InBev, if they don't...
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Bud Light Maintained Its Dominant Market Position, But That Is Now A Thing Of The Past — Survey Reveals America's New Favorite Beer
Thursday, August 24, 2023 - 2:19am | 682Read More...Modelo Especial, a popular Mexican beer, has outpaced Bud Light in sales, dethroning the latter from its position as America’s favorite beer. This shift underscores a significant change in consumer tastes and preferences. What Happened: According to a Tuesday report by Fortune, despite a...
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Kid Rock Caught Drinking Bud Light Months After Blasting Brand
Sunday, August 20, 2023 - 4:36pm | 794Read More...Singer Kid Rock has been among the many vocal opponents targeting beer brand Bud Light, which drew controversy after partnering with transgender activist Dylan Mulvaney. After speaking out against the Anheuser-Busch InBev (NYSE: BUD) beer brand and calling for boycotts, the singer might be having a...
















