ZeroHedge (Telegram)

Jaw Dropping Stats - Reports Of Bud Light Memorial Day Sales Dropping -60% As Brand Boycott Continues

Beer brand Bud Light has suffered a drop in sales of almost 60% over the Memorial Day holiday, according to a NielsenIQ report cited by the Daily Mail. The dip follows weeks of decline in sales for Bud Light, as consumers have boycotted the Anheuser-Busch product due to a connection with transgender ideology in marketing. Company president Michel Doukeris has acknowledged the boycott's impact on its employees in recent earnings calls.

👉 Read full

ZeroHedge (Telegram)

DeSantis Campaign Uses AI-Generated Images Of Trump Hugging, Kissing Fauci

Ron DeSantis' presidential campaign has circulated a video featuring fake photos of Donald Trump hugging and kissing Anthony Fauci. Experts believe three of the images were made with AI, including a scene where Trump physically embraces Fauci. “Mounting an utterly flimsy defence, figures in the DeSantis circle implied the images were obviously fake," reported Futurism. Far from being a one-off, "we will continue to see campaigns, state-sponsored actors, trolls and people who want to sow chaos use these fake images to drive their own agendas," warned University of California, Berkeley professor Hany Farid.

👉 Read full

ZeroHedge (Telegram)

Earnings Improve, But Beware Of Trojan Horses

Most US analysts remain optimistic about earnings continuing to improve despite economic growth deteriorating as inflation increases and liquidity decreases. However, earnings are the byproduct of economic growth, and so the sustainability of record-high earnings and corporate profit margins is questionable. While some surges in demand were created by fiscal policies in response to the pandemic, reversion of activity will be worsened due to the pull forward of consumption, which could result in a proliferation of valuation declines.

👉 Read full