alcohol

The largest vehicle company in the world by market capitalization, Tesla Inc (NASDAQ: TSLA) has made a splash worldwide, such as being one of the dominant players in the Chinese market. The company recently won a trademark case in China, but it wasn’t related to its vehicles. What...

Billionaire and Microsoft Corp. Co-Founder Bill Gates continues to make waves with his latest venture into the beer industry. Gates made headlines by acquiring a substantial stake in Heineken Holding NV (OTC:HEINY), a Dutch company worth nearly $1 billion.  Don’t Miss: Why Jason...

A Twitter thread about eliminating alcohol consumption by entrepreneur and investor Marc Andreessen caught the attention of Elon Musk. Here’s what Musk had to say about alcohol and how Bill Gates factors into the sector. What Happened: Elon Musk and Bill Gates might have something in common...

New research from consumer insights platform Veylinx suggests that abstinence events like “Dry January” are more than just a social media fad. More than three-quarters of Americans say they’ve temporarily given up alcohol for at least a month in the past. Almost half of drinkers...

While gains and losses in the stock market may come and go, there is one thing that remains constant: Champagne. Kicking off a bright shiny new year with Champagne is a tradition that won't ever go sour. So, before finding out what you should be drinking, if you are drinking, on the...

Shortly before the 2022 World Cup was to start in Qatar, it was announced beer would be banned from stadiums, a move that potentially angered key tournament sponsor Anheuser-Busch InBev (NYSE: BUD). While it didn’t generate the sales push it likely was hoping for, Anheuser-Bush InBev (AB...

Rebellions, such as the Whiskey Rebellion of 1794, have been fueled by it and such noted figures as Frank Sinatra, Ava Gardner (who said she wanted to die with a cigarette and whiskey in hand), Mark Twain, William Faulkner and Sir Winston Churchill used whiskey to enliven or tame their souls....

Beverage giant Coca-Cola Co (NYSE: KO) is continuing to pursue new sectors for growth, which include adding to its partnered alcoholic beverages.  What Happened: Coca-Cola announced a new exclusive agreement with Molson Coors Beverage Co (NYSE: TAP) to launch a new brand of spiked...

There was a lot to celebrate in 2021, including the cryptocurrency market coming into its own and making millionaires seemingly overnight that balanced out the downside, such as the continuing COVID-19 pandemic. But, to be honest, we probably have been ready for 2022 for a while. A tradition that...

Dwayne "The Rock" Johnson's tequila brand, Teremana, launched in March 2020 and sold around 300,000 cases during the COVID-19 pandemic year. The tequila company has now sold more than 600,000 nine-liter cases year-to-date, representing unrivaled...

Naked Wines PLC (OTCMKTS: NWINF) surged higher Thursday following bullish commentary from Light Street Capital's Glen Kacher. What Happened: Kacher referred to Naked Wines as the Netflix Inc (NASDAQ: NFLX) of wine Thursday on CNBC's "Fast Money Halftime Report." Naked Wines has...

A combination of reopenings and seltzer market growth has Credit Suisse bullish on Boston Beer Company, Inc (NYSE: SAM). The Boston Beer Co. Analyst: Credit Suisse upgraded Boston Beer Co. from Neutral to Outperform and increased the price target from $1,304 to $1,490. The Boston Beer Co....

The number of U.S. truck drivers sidelined due to substance abuse violations has surpassed 60,000 and continues to climb by roughly 2,000-3,000 per month, according to federal data. The latest monthly report by the Drug and Alcohol Clearinghouse, administered by the Federal Motor Carrier Safety...

Boston Beer Company Inc (NYSE: SAM) has done a great job taking market share in the hard seltzer category, Jim Cramer said Friday on CNBC's "Squawk On The Street." What Happened: Boston Beer reported first-quarter earnings on Thursday that exceeded expectations. The...

JPMorgan analysts revised their stance on the beverage sector and presented a new pair trade of assuming a bullish stance on Keurig Dr Pepper Inc (NYSE: KDP) and a bearish stance on Molson Coors Beverage Co (NYSE: TAP). The Analyst: Andrea Teixeira upgraded Keurig Dr Pepper's stock from...