Highest grossing movies in 2025:

Top app for Christmas:

Cannabis stocks surge on report Trump executive order will reclassify marijuana; Tilray jumps 28% cnb.cx/4iW4fdd

Online grocer Thrive Market bails on booze, bets big on alcohol-free boom cnb.cx/4pptQ0p

Remember the Metaverse?

$NVDA

Retail round up

💸NRF Retail Monitor💸

Mega-Cap tech after AI sell-off:

Seasonal job searches jumped 27% from last year and 50% from 2023, far outpacing postings and signaling a cooling US job market, according to Indeed. Retailers plan the fewest holiday hires since 2009.

Staples companies most off their 52-wk highs: 🥃 Brown-Forman (BFb) 👚Target (TGT) 🍻Constellation Brands (STZ) All about -38% or more below the 52-wk high

Retailers & tariffs

Constellation Brands reported an earnings beat yesterday, but only after significantly lowering expectations for the fiscal year. CEO Bill Newlands saying that 80% of consumers express concern about the socio-economic environment. Full details here!

U.S. spirits exports plunge amid trade tensions cnb.cx/472Dlea

Boston Beer company get a downgrade by Citi to Neutral from Buy. Citing: 📉Topline weakness continued into the summer 📉Weak Beer/FMB 📉Large declines in Twisted Tea & Truly brands 📉Tariff exposures are primarily related to higher aluminum costs

Have you seen Peloton's new hardware lineup? Are you upgrading/jumping in?

Garmin (GRMN) trading at all-time highs back to its IPO in Dec, 2000

S&P 500 during government shutdowns

Netflix signs co-marketing deal with AB InBev to promote TV shows and beer www.reuters.com/business/med...

Molson Coors Names Rahul Goyal President, CEO www.wsj.com/business/c-s...

Constellation Brands sinks on new outlook cnb.cx/4p3HiXT

#ICYMI - Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in $18 billion deal

Some noteworthy graphics ahead of Trump-Putin summit:

What's getting more expensive?

Busy earnings week again next week with retail, housing and some remaining tech names:

News Update – Late Morning cnb.cx/4lZvuEg

Low spirits for alcohol stocks despite better-than-feared trade deal cnb.cx/4oex8na

European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark cnb.cx/4oax2wF

Check out the latest article in my newsletter: Oh No Canada, Protein Is King and Zyn Losing Its Buzz www.linkedin.com/pulse/oh-can...

Disney's spent 70 years funneling IP into its theme parks. Here's why it works cnb.cx/469BepY

On Dec 5, hold all my calls. 💕 @playbill.com @lesliepicker.bsky.social @bgomezreports.bsky.social playbill.com/article/merr...

Juul Labs has won authorization from federal regulars for its e-cigarettes to remain on the U.S. market www.wsj.com/business/fda...

Highlight from Fed's Beige Book "Tourism activity in New York City held steady...Ticket sales at Broadway theatres were strong. Still, with the number of international visitors declining, optimism among tourism contacts waned." cc @carlquintanilla.bsky.social

Guinness owner Diageo says CEO to step down, names interim successor cnb.cx/4ltgpKJ

Whoop says FDA is 'overstepping its authority' with warning about blood pressure feature cnb.cx/4kJAkE1

Hims & Hers to offer generic semaglutide in Canada as Novo Nordisk patent lapses cnb.cx/4nEHDj2

Michelob Ultra’s low-carb, low-calorie position is resonating with younger adults and leading to sales growth, while sales of rivals such as Modelo Especial and Bud Light are falling And...it's reflected in the stock. www.wsj.com/business/ret...

Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party cnb.cx/3TW5ZXV

John Leguizamo: "We feed this country, we serve this country, we build this country, and then we get treated this way."

APOLLO: Weekly data for the number of people going to Broadway shows remains remarkably resilient. The only chart that matters today via Torsten Slok cc @carlquintanilla.bsky.social

Weekend box office

At the moment, Him & Hers Health $HIMS is on track for its worst day ever. Despite the plunge, the stock is still up more than 100% over the past 12 months.

Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 20% cnb.cx/40gynYp

Coinbase shares rise as investors anticipate U.S. stablecoin rules: CNBC Crypto World cnb.cx/440M6Uc

🍿 #BoxOffice: ‘How to Train Your Dragon’ Roars to Record $84M U.S. Opening, $198M Globally

Nations are eyeing the G-7 summit in Canada this week as an opportunity to strike trade deals with President Trump

📅EVENTS TO WATCH THIS WEEK: ➡️MONDAY: G7, Paris Air Show ➡️TUESDAY: G7, Fed Day 1 of 2 ➡️WEDNESDAY: Fed Decision, IPOs - Caris Life Sciences & Slide Insurance (Nasdaq) ➡️FRIDAY: China Rate Decision, Tesla Robotaxi Launch on Sunday, Jaws turns 50

Check out my latest newsletter: 🥃 Brew-Humbug. The typical summer holiday hop in beer sales is fizzling. 💪 Starbucks bulks up adding a protein pump to its lattes. 🌿 A buzzkill bill from Congress targets Hemp THC. @cnbc.com

Philip Morris among the new highs this week.

Some market stats in my coverage: 📉Brown-Forman (BF.B) trading at lows not seen since Sept, 2013 📉Boston Beer (SAM) trading at lows not seen since Apr, 2018 📈Philip Morris (PM) trading at all-time highs back to its spin-off from Altria in Mar, 2008