From Bernstein: US alcohol consumption has gone off a cliff since 2021 After another -3% decline in 2024, per-capita consumption is now the lowest it’s been since 1962

Very bullish chart on $TMUS from Craig Moffett - all of TMobile’s share gains over the last 3 years have come from suburban / rural markets TMobile is still *significantly* underpenetrated in all of those markets

Total time spent per day on music has actually fallen by 15%+ over the last decade, despite the fact that music revenues have roughly doubled Wonder how long this divergence can continue

Concerning for $NFLX - Netflix TV streaming minutes have now basically been flat in the US for the last 3 years, while YouTube has leapfrogged everyone else Netflix is now clearly in "take price" mode. Definitely a new leg to the story, question is how long it can last