The National Transportation Safety Board said it has concerns about air traffic controllers who work the midnight shift taking on extra work in an airspace as busy as LaGuardia's. (Image credit: Yuki Iwamura)
The National Transportation Safety Board said it has concerns about air traffic controllers who work the midnight shift taking on extra work in an airspace as busy as LaGuardia's. (Image credit: Yuki Iwamura)
Bud Light & Budweiser Continue To Struggle As Dylan Mulvaney Ad Disaster Nears Three-Year Mark Ahead of next week's three-year anniversary of Anheuser-Busch's most epic marketing ad blunder ever, the Bud Light backlash remains intact and should serve as a case study for generations in how far-left wokeism in corporate America can destroy decades of brand-building overnight. What began as a viral T...
Bud Light & Budweiser Continue To Struggle As Dylan Mulvaney Ad Disaster Nears Three-Year Mark Ahead of next week's three-year anniversary of Anheuser-Busch's most epic marketing ad blunder ever, the Bud Light backlash remains intact and should serve as a case study for generations in how far-left wokeism in corporate America can destroy decades of brand-building overnight. What began as a viral TikTok promotion featuring Dylan Mulvaney, a man pretending to be a woman, has since become one of the clearest examples of self-inflicted brand suicide in recent consumer history. The latest beer trends from Goldman suggest the brand has yet to fully recover nearly three years later. In the latest beer trends report, a team of Goldman analysts led by senior consumer analyst Bonnie Herzog tapped its beer distributor contacts, representing around 60 distributors - or roughly 170,000 retail outlets and about 28% of total U.S. outlets that sell alcohol - and found continued dismal Bud Light consumption trends among Americans. " Bud Light's performance continues to level off, even with additional resources being put behind the brand, " Herzog wrote in the note published to clients on Tuesday morning. Herzog continued, " In terms of specific brands, a distributor noted Michelob Ultra is growing, while Bud Light and Budweiser are struggling ." To be fair, beer trends have been declining overall in recent years as consumers shift away from alcohol , either due to health trends or because some are gravitating toward marijuana. The good news for the industry is that 54% of beer distributors expect "a stronger summer selling season," according to Herzog, who added that volumes are expected to decline by about 1% this year, while noting that Constellation Brands is set to be the "clear outperformer." Herzog reiterated a "Buy" rating on Constellation Brands. More details are available in the full Goldman note for professional subscribers . Tyler Durden Tue, 03/24/2026 - 20:10
Scott Barbour/Getty Images News Europe could feel energy shortages by next month , Shell ( SHEL ) CEO Wael Sawan warned Tuesday, as the effects of the Middle East war continue to ripple out across global fuel markets, first in South Asia, then Southeast Asia and Northeast Asia, and increasingly in Europe as April approaches. Countries cannot have national security without energy security, Sawan sa...
Scott Barbour/Getty Images News Europe could feel energy shortages by next month , Shell ( SHEL ) CEO Wael Sawan warned Tuesday, as the effects of the Middle East war continue to ripple out across global fuel markets, first in South Asia, then Southeast Asia and Northeast Asia, and increasingly in Europe as April approaches. Countries cannot have national security without energy security, Sawan said at the CERAWeek by S&P Global conference, adding that Shell ( SHEL ) is trying to work with governments to help them address the energy crisis, including with storage and purchasing. "We are trying to work with governments to just alert them to the various levers they will need to pull, including on the demand side, including what they need to do around storage," Sawan told the conference. The war has already affected supplies of jet fuel, with diesel set to be next, followed by gasoline as summer driving season gets underway in the Northern Hemisphere, the CEO said. Sawan also said Shell ( SHEL ) may decide on whether to take final investment decisions on one or two natural gas projects in Venezuela before the end of this year, if allowed by the fiscal and legal situation in the country. "What we are looking at, at the moment, is where we can add value to Venezuela, the Venezuelan people," the CEO said. "Initially, I would say it's more geared towards gas, and in particular gas that can be monetized through LNG." More on Shell Shell's Earnings Still Tied To Oil, Not Growth Why Shell Is A Short-Term Trade Now (Rating Downgrade) Shell: Defensive Play In An Uncertain Energy Market
Australia has a narrow window to position itself as a regional hub for artificial intelligence infrastructure, but risks falling behind unless investment and policy action accelerate, according to Deloitte Access Economics. “This is a sliding doors moment for Australia,” lead author John O’Mahony said Wednesday, estimating the country needs about A$52 billion ($36 billion) in digital infrastructur...
Australia has a narrow window to position itself as a regional hub for artificial intelligence infrastructure, but risks falling behind unless investment and policy action accelerate, according to Deloitte Access Economics. “This is a sliding doors moment for Australia,” lead author John O’Mahony said Wednesday, estimating the country needs about A$52 billion ($36 billion) in digital infrastructure investment by 2030 to capture the opportunity. “Catching this wave means doubling our investment in compute power over the coming five years,” he said, adding Australia is on track to reach about 3.3 gigawatts of data center capacity by 2030 but needs a further 3.1 gigawatts of compute power. “A failure to seize this opportunity would represent a generational economic fumble,” he added. Australia already has advantages including access to land, capital and energy, but other countries are moving faster to develop infrastructure pipelines, raising the risk it could miss out without a coordinated strategy. “Data is the new oil of the modern economy and compute power is the new engine,” said Pradeep Philip, head of Deloitte Access Economics, adding Australia “can and must” position itself as an AI-driven economy to capture growth opportunities in the region. Deloitte estimates that expanding digital infrastructure beyond current projections could add about A$134 billion to the economy by 2050 and support an annual average of 14,300 additional jobs, with benefits flowing across sectors including construction, utilities and technology. “Across most of these crucial AI factors, Australia is either less constrained than its neighbors or has an outright natural advantage over them,” O’Mahony said, noting Singapore faces limits on land, water and clean energy while many other countries in the region have “a less stable regulatory environment.” Despite that, other nations are moving quickly to build their digital infrastructure pipelines, he said, adding policymakers will need to en...
SusanneB/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to AQR Capital Management’s US stock portfolio on a quarterly basis. It is based on their 13F Form filed on 02/17/2026. Please check out our last update for the moves during Q3 2025. This quarter, AQR Capital Management’s 13F portfolio value increased from ~$156B to ~$191B. The portf...
SusanneB/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to AQR Capital Management’s US stock portfolio on a quarterly basis. It is based on their 13F Form filed on 02/17/2026. Please check out our last update for the moves during Q3 2025. This quarter, AQR Capital Management’s 13F portfolio value increased from ~$156B to ~$191B. The portfolio typically has over 2000 positions. Only 28 stakes are significantly large (more than ~0.5% of the portfolio), and they are the focus of this article. The five largest stakes are Nvidia, Apple, Microsoft, Alphabet, and Amazon.com. Together, they account for ~9% of the total portfolio value. Note: Cliff Asness co-founded AQR Capital Management in 1998. AQR Capital Management is one of the largest Quant firms with over $150B of Assets Under Management. They combine different quantitative styles (value, momentum, etc.) to construct diversified risk-adjusted portfolios that have a low correlation to equity-only portfolios. They have several mutual funds with different styles, with the multi-asset fund ( AQRIX ) as the flagship. The varied offerings limit the utility of quarter-over-quarter 13F comparisons for most of their reported positions. However, analyzing the top positions can offer valuable insights into their broader strategy. Stake Increases: Nvidia Corporation ( NVDA ) : NVDA is currently the largest 13F position at 2.57% of the portfolio. It was first purchased in 2006 at prices under a dollar, after accounting for stock splits. Recent activity follows. There was a ~150% stake increase during Q2 2023 at prices between ~$27 and ~$47. The next two quarters saw a ~45% stake increase at prices between ~$41 and ~$50. That was followed by a ~18% stake increase during Q1 2025 at prices between ~$104 and ~$153. The last quarter saw another ~14% stake increase at prices between ~$152 and ~$187. This quarter also saw a ~18% stake increase at prices between ~$170 and ~$212....
Fintel reports that on March 24, 2026, HC Wainwright & Co. upgraded their outlook for Sutro Biopharma (NasdaqGM:STRO) from Neutral to Buy. Analyst Price Forecast Suggests 55.41% Upside
Fintel reports that on March 24, 2026, HC Wainwright & Co. upgraded their outlook for Sutro Biopharma (NasdaqGM:STRO) from Neutral to Buy. Analyst Price Forecast Suggests 55.41% Upside
By Sam Tabahriti LONDON, March 25 (Reuters) - Openreach has expanded its partnership with Google Cloud to use artificial intelligence to speed up fibre broadband construction and cut emissions from
By Sam Tabahriti LONDON, March 25 (Reuters) - Openreach has expanded its partnership with Google Cloud to use artificial intelligence to speed up fibre broadband construction and cut emissions from
A state-sponsored forced labour programme which has escalated in recent years has generated up to US$500 million annually for North Korea, according to a report by a global rights group. It also warned that workers are trapped in “brutal” conditions where they are subjected to “control, abuse and coercion”. Containing first-hand testimonies of North Koreans exploited in the programme, the report p...
A state-sponsored forced labour programme which has escalated in recent years has generated up to US$500 million annually for North Korea, according to a report by a global rights group. It also warned that workers are trapped in “brutal” conditions where they are subjected to “control, abuse and coercion”. Containing first-hand testimonies of North Koreans exploited in the programme, the report published on Wednesday by Global Rights Compliance – an international human rights foundation – noted...