Earnings Preview: STZ to Report Financial Results Pre-market on January 10
$Constellation Brands(STZ.US)$ is scheduled to release its financial results pre-market on January 10 ET. Earnings PreviewAnalysts estimate $Constellation Brands(STZ.US)$ to post revenue of USD2.54B
Update: Alcohol Beverage Stocks Fall After US Surgeon General Calls for Cancer Warnings on Alcoholic Drinks
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U.S. stock market morning | The three major indexes collectively rose, with the S&P and Nasdaq both increasing by over 1%; AI Concept stocks surged, with Super Micro Computer rising over 11% and Micron increasing by more than 10%.
On the evening of June 6th, Peking time, U.S. stocks opened higher on Monday. Media reports indicated that Trump would narrow the scope of the import tax, but Trump stated that the report was false. After Fujifilm Holdings Corporation Unsponsored ADR announced its Earnings Reports, the chip Sector surged, driving up Technology stocks. The U.S. 30-Year Treasury Bonds Yield rose to its highest level since 2023.
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The USA Health Bureau proposed alcohol warning labels, presenting new challenges for the alcohol Industry.
After the director of the health bureau in the USA announced last week the advocacy for warning labels on alcoholic products, investors in the alcohol Industry have a new variable to consider.
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The warning from the U.S. health director caused a drop in Asian alcoholic beverage stocks.
①After the Director of the Health Bureau in the USA called for cancer warning labels on Alcoholic Beverages last Friday, the Stocks of Asian liquor manufacturers fell on Monday. ② Edward Mundy, an Analyst at Jefferies Financial, wrote that the market is adopting a "shoot first and ask questions later" strategy to deal with potential health warnings and cancer risk labels on Alcoholic Beverages in the USA.
Express News | United Kingdom Communications Management Authority: still reviewing the deployment of Amazon Kuiper Satellite project in the UK.
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Why Regulating Alcohol Industry Is Tall Order Even After Surgeon General's Cancer Warning -- Barrons.com
Surgeon General Wants Cancer Warnings for Alcohol. Is There Any Amount That's Safe to Drink?
The USA is going to add a "cancer warning" to alcoholic beverages, causing stocks related to alcohol to decline across the board.
The USA government's Medical Director Murthy has called for the addition of cancer risk warning labels on Alcoholic Beverages, stating that alcohol causes about 100,000 cancer cases and 20,000 cancer deaths in the USA each year. After the announcement, the stock price of Rémy Cointreau in France fell by 5%, and major beverage companies such as Anheuser-Busch Inbev and Diageo also saw declines.
Alcohol Stocks Are Falling Today: What's Going On?