Investment
Features
FeesSafety
Academy
More
Pluang+

Diageo bets on canned cocktails to boost growth amid slowing spirits market, says Deutsche Bank.

Market News
05 May 2026
Proactive Investors
View Source
Neutral
pluang ai news

Diageo PLC is focusing on canned ready-to-drink (RTD) cocktails to revive growth as the overall spirits market slows. Deutsche Bank highlights this proactive move as positive but warns the trend may be temporary. While US spirits sales fell in 2025, canned cocktails grew strongly, with sales value up 23.2% and volumes up 22.6%. Diageo aims to capture this expanding segment, despite its market share in RTD cocktails dropping from 25% in 2008 to under 10% last year.

More News

Allegion posts strong Q2, boosts full-year outlook, shares jump 13%.

Allegion posts strong Q2, boosts full-year outlook, shares jump 13%.

Allegion reported strong second-quarter results, driven by broad growth in its Americas segment across residential and nonresidential markets, achieving a 30.1% adjusted operating margin. The company raised its full-year guidance, supported by a dura...

Company Fundamentals
Bullish
4 hours ago
Strategy says it can cover dividends and debt through 5.8 years of steady Bitcoin declines.

Strategy says it can cover dividends and debt through 5.8 years of steady Bitcoin declines.

Strategy claims its current capital structure can sustain interest payments and preferred stock dividends even if Bitcoin falls 11.4% annually for 5.8 years. The company holds 843,775 BTC and $3.225 billion in cash reserves to support obligations tot...

Market News
Neutral
4 hours ago
Michael Saylor shares a 953-hour reading program revealing his intellectual Bitcoin foundation.

Michael Saylor shares a 953-hour reading program revealing his intellectual Bitcoin foundation.

Michael Saylor, CEO of Strategy, released a 953-hour reading curriculum covering history, economics, war, technology, and Bitcoin to train future leaders on understanding Bitcoin deeply. His program includes classics like The Story of Civilization an...

Market News
Neutral
5 hours ago
Hyperliquid burns $1.2M HYPE tokens to curb inflation amid price pressure below $60

Hyperliquid burns $1.2M HYPE tokens to curb inflation amid price pressure below $60

Hyperliquid has used $1.2 million of its revenue to burn 20.64K HYPE tokens as part of its deflationary strategy to control supply and support the token price, which remains below $60. Since August 2025, the project has generated $800 million in net ...

Protocol Fundamentals
Bullish
5 hours ago
Fed and Bank of Japan hold rates next week; Bitcoin steadies near $64K amid yen weakness.

Fed and Bank of Japan hold rates next week; Bitcoin steadies near $64K amid yen weakness.

The Federal Reserve and Bank of Japan will announce interest rate decisions next week, expected to hold rates steady. The Fed's rate has been stable since December 2025, with a 38% chance of a hike due to rising oil prices, but a hold remains most li...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App