https://edgarmelocosta.com/news/bulk-wine-trade-falls-cheap-end-breaking/Edgar Melo Costaen2026-11-07T07:25:00-05:00Bulk wine fell three times faster than the market: the cheap end is breaking https://edgarmelocosta.com/news/diageo-tequila-decline-premium-halo/Edgar Melo Costaen2026-11-06T19:25:00-05:00Don Julio and Casamigos fell double digits: big tequila names no longer sell themselves https://edgarmelocosta.com/news/fal-16-billion-inference-priced-like-infrastructure/Edgar Melo Costaen2026-11-06T07:23:49-05:00Fal at 20 times revenue: AI inference is priced like infrastructure, not software https://edgarmelocosta.com/news/host-brooklyn-ground-lease-discount-luxury/Edgar Melo Costaen2026-11-05T19:20:35-05:00Host paid less per dollar of profit in Brooklyn because it bought no land