$STZ

Berkshire Hathaway, under CEO Greg Abel, increased investments in homebuilders Lennar and D.R. Horton, and acquired Taylor Morrison for $6.8 billion, signaling a bet on a housing market recovery. The company also adjusted stakes in Delta Air Lines, Alphabet, and Macy's, while reducing cash reserves by $31.9 billion. Berkshire's existing housing-related businesses include Clayton Homes and Berkshire Hathaway HomeServices.

Berkshire Hathaway increased its stake in Alphabet by 83% in Q2, making it its third-largest holding at $37.8 billion. The company also boosted its position in Lennar and added D.R. Horton, while exiting Constellation Brands and reducing stakes in Capital One, Nucor, and Kroger. Alphabet's Google Cloud revenue grew 82% YOY, but its AI model faces competition.

Constellation Brands (STZ) has seen a shift in analyst sentiment, with fewer 'Strong Buy' ratings than two months ago. Needham's Gerald Pascarelli maintained a 'Buy' rating with a $185 price target. The average target is $169.48, implying a 23.2% upside, while the highest target is $209, suggesting a 51.9% upside.

Constellation Brands will invest $100M over five years to enhance U.S. farmer profitability in key beer ingredient states. The funds will support farmers in Idaho, Montana, and North Dakota, improving market access and economic resilience. The company aims to strengthen its agricultural supply chain, with annual investments exceeding $750M in U.S. farmers and suppliers, supporting over 100,000 jobs.

U.S. alcohol companies face renewed trade tensions with Canada due to new tariffs, impacting exports. Constellation Brands (STZ) and Molson Coors (TAP) have significant Canadian operations, while Brown-Forman (BF) has already reported substantial sales declines. The dispute has led to a 70% drop in U.S. spirits exports to Canada, with consumer sentiment favoring domestic products.

Constellation Brands (STZ) plans to invest $100 million over five years to support farmers in Idaho, Montana, and North Dakota, focusing on barley, corn, and hops. The company aims to strengthen agricultural resilience and supply chains, partnering with growers and local leaders. This follows its existing $750 million annual investment in U.S. farmers and suppliers.

President Trump paused new 50% U.S. tariffs on Canadian goods, potentially benefiting Magna International (MGA), Constellation Brands (STZ), and Canadian Pacific Kansas City (CP). MGA reported strong Q2 earnings, STZ faces input cost pressures, and CP saw revenue growth. A deal could reduce tariffs, impacting these companies' costs and volumes.

Berkshire Hathaway (BRK-B) increased its stock portfolio value to $299B in Q2, adding D.R. Horton (DHI) and boosting stakes in Alphabet (GOOG), Delta Air Lines (DAL), Lennar (LEN.B), New York Times (NYT), and Macy’s (M). It reduced holdings in Bank of America (BAC), Kroger (KR), Ally Financial (ALLY), and Capital One Financial (COF).

Constellation Brands (STZ) announced a $100 million investment over five years to support U.S. farmers in Idaho, Montana, and North Dakota. The investment aims to strengthen the beer supply chain and address challenges faced by growers. The company will partner with farmers to improve resiliency, market access, and sustainability. STZ already invests over $750 million annually with American farmers and suppliers.

US stocks are mixed, with chipmakers and AI-infrastructure stocks rising, while software companies decline. Treasury Secretary Bessent announced upcoming economic measures against Iran. S&P 500 is tracking for 32% Q2 earnings growth, with 85% of companies beating estimates. Marvell (MRVL) and Sandisk (SNDK) lead gains, while Datadog (DDOG) and Salesforce (CRM) lead losses. Astera Labs (ALAB) and Onto Innovation (ONTO) received upgrades, while EyePoint (EYPT) plunged after a failed trial.