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Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut
Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut
Shares of Diageo Plc fell the most in 2 years after the maker of Guinness beer and Johnnie Walker whiskey cut its guidance for the second time this fiscal year amid soft demand in the US and China markets. The move marks an early challenge for new CEO Dave Lewis.
The British distiller now expects organic net sales to decline by 2% to 3% this fiscal year, down from previous guidance of flat to slightly down, and said it...
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Jun 8, 2026 / Tyler Durden
Can AI Save More Energy Than It Consumes?
Can AI Save More Energy Than It Consumes?
Authored by Haley Zaremba via Oilprice.com,
Biglaw firm Duane Morris argues the energy sector's greatest AI-related risk is not surging power demand but failing to adopt AI tools fast enough to remain competitive.
MIT research challenges industry claims that AI efficiency gains will offset its enormous energy consumption, while new data centers continue to be approved at record pace.
AI shows genuine promise in clean energy applications - from nuclear fusion modeling to EV battery recovery - but the AI investment boom is simultaneously diverting...
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Jun 4, 2026 / Tyler Durden
Weingarten Blames Screens, Not Herself, For Falling Test Scores
Weingarten Blames Screens, Not Herself, For Falling Test Scores
Authored by Aaron Withe and Tina Snider via RealClearPolitics,
American Federation of Teachers President Randi Weingarten is sounding the alarm about the decade-long decline in student test scores, pointing to screens and devices as a culprit. She's calling it a "call to action."
She left out the part about how she helped cause the problem in the first place.
For two years during the COVID pandemic, Weingarten and the AFT fought aggressively to keep schools closed. In July 2020, as the Trump administration urged...
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Mar 31, 2026 / Tyler Durden
Google's New Quantum Research Reignites Push To Harden Bitcoin
Google's New Quantum Research Reignites Push To Harden Bitcoin
Authored by Micah Zimmerman via BitcoinMagazine.com,
A new research paper from Google has intensified debate over whether Bitcoin can adapt in time to withstand advances in quantum computing, pushing developers and investors to confront a risk long treated as theoretical.
Google’s quantum division said this week in a new whitepaper that future machines could break widely used encryption far more efficiently than previously estimated, including the elliptic curve cryptography that underpins Bitcoin wallets.
The research suggests attacks that once appeared decades away may arrive sooner, with some...
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