Industries

Consumer

Anheuser-Busch InBev Set for Payday as Beer Flows from the World Cup

Photo via AB InBev

Analysts from Jefferies project that the World Cup tournament will lift industry volumes by 0.3% this year.

2 min read

Photo via Charles Briggs/ZUMAPRESS/Newscom

Industrials

The SpaceX IPO Is About Way More Than Just Rocket Ships

Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.

2 min read
Photo via IMAGO/Markus Ulmer/IMAGO/Ulmer/Teamfoto/Newscom

Media & Entertainment

World Cup Offers Record Windfall for FIFA, Dubious Payoffs for Host Cities

FIFA expects record revenues of $13 billion in its 2023-2026 cycle, up 72% from the previous Qatar cycle during the 2022 tournament.

2 min read
Photo via Doug Nicotera/ZUMAPRESS/Newscom

Energy

Regulator Helps Constellation Energy Fast-Track Three Mile Island Revival

The plan is to bring the infamous power plant back online sometime next year to service a nearby glut of power-hungry Microsoft data centers.

2 min read

Consumer

Macy’s Gets Some ‘Spring’ in its Step from CEO’s Turnaround Plan

Photo via Richard B. Levine/Newscom

The retailer notched its strongest first quarter for same-store sales in four years and its fourth straight quarter of gains.

2 min read

Media & Entertainment

Billionaire Fertitta Gambles on Caesar’s in Debt-Laden, $17.6 Billion Deal

Photo via IMAGO/Zoonar/Marco Brivio/IMAGO/Zoonar/Newscom

Analysts at Jefferies wrote Thursday that the closure of the Tillman deal could “act as a catalyst” for more M&A in the gambling sector.

2 min read

Healthcare

Lilly Follows Upbeat Trials for Cholesterol Shot with $4B M&A Spree

Photo via Spencer Jones/GHI//UCG/Universal Images Group/Newscom

The highest dose of a single injection reduced cholesterol levels by 62% in patients, according to Eli Lilly’s recently published study.

2 min read

Photo via imageBROKER/john wreford/Newscom

Energy

Exxon Pours Billions into Meeting Rebound in Carbon Capture Demand

Exxon is spending big to connect customers to its 900-mile-wide network of underground carbon transfer pipelines, one executive told the FT.

2 min read
Photo via Weston Hancock/ZUMAPRESS/Newscom

Energy

Oil Prices Slide amid Fresh Hope for US-Iran Peace Deal

Oil prices may eventually reach $200 a barrel unless a supply crisis sparked by the Iran War is resolved, experts warn.

2 min read
Photo via Abaca Press/ANDBZ/Abaca/Sipa USA/Newscom

Autos

Stellantis’s Ambitious Overhaul Overshadowed by Ford’s Burst of Energy

Stellantis’s $69.6 billion revival plan includes nine North American models priced under $40,000 and refreshes of a dozen others.

2 min read

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