Business
How Greg Abel’s First Letter to Berkshire Shareholders Differs From Warren Buffett’s
Business
How Much the Pop Star Earned Headlining the Desert Festival
INDIO, Calif. — Sabrina Carpenter capped her meteoric rise with a dazzling headlining performance at Coachella 2026, transforming the Empire Polo Club’s main stage into “Sabrinawood” complete with Hollywood-themed production and celebrity cameos. While exact figures for her compensation remain undisclosed by organizers Goldenvoice and the artist herself, industry estimates place her earnings in the multimillion-dollar range for the two-weekend commitment.

Carpenter, 26, performed on both Friday nights of the festival, which kicked off April 10 and runs through April 19, 2026. She headlined Weekend 1 on April 10 and is scheduled to close out Weekend 2 on April 17. Her set featured elaborate costume changes, dance numbers, surprise appearances by actors including Susan Sarandon, Will Ferrell and Sam Elliott, and hits from her chart-topping catalog such as “Espresso,” “Please Please Please” and newer tracks like “House Tour.”
According to multiple reports citing industry sources, a typical Coachella headliner can command approximately $5 million per weekend, potentially totaling $10 million for performances across both weekends. Billboard’s senior director of live music and touring, Dave Brooks, referenced this benchmark in discussions about festival payouts. Carpenter, riding high on Grammy wins, blockbuster streaming numbers and sold-out tours, is widely believed to have secured a deal within or near that range.
Some outlets have floated slightly lower estimates for female headliners. Reports suggest top-tier women like Carpenter and Karol G, the other female headliner, may have landed deals around $5 million to $8 million total, compared to Justin Bieber’s reported north of $10 million for his headlining slot. Discussions of a potential gender pay gap in festival bookings have surfaced online, with experts noting that male superstars sometimes negotiate higher fees even as female artists dominate charts and cultural conversations.
Coachella does not publicly release artist payment details, and contracts often include variables beyond base fees such as production support, merchandise cuts, hospitality riders and backend incentives tied to ticket sales or sponsorships. The festival, produced by Goldenvoice, generates hundreds of millions in revenue annually from ticket sales, VIP packages, camping, sponsors and livestream rights. General admission weekend passes started around $549–$649, with VIP options exceeding $1,200 and resale prices climbing much higher in the lead-up to the event.
Carpenter’s Coachella appearance marks a career pinnacle for the former child actress turned pop sensation. Her net worth is estimated between $16 million and $22 million as of 2026, built through music sales, streaming royalties, acting residuals, endorsement deals and live performances. Hits from her “Short n’ Sweet” era and follow-up releases have amassed billions of streams, while her tours have grossed tens of millions.
The 2026 set was described by reviewers as ambitious and theatrical. Carpenter evoked vintage Hollywood with a “Sabrinawood” sign, multiple stage transformations and playful interludes. One viral moment involved her reaction to a fan’s traditional Arabic zaghrouta (ululation), which she initially mistook for yodeling. She later apologized on social media for any misunderstanding, clarifying she was caught off guard during a quieter song segment. The incident sparked online debate but did little to dampen overall praise for the production value and energy of the performance.
Industry observers note that headlining Coachella delivers more than just a paycheck. The exposure reaches millions via on-site attendance of up to 125,000 per day, global livestreams on platforms like YouTube, and subsequent social media virality. Carpenter’s set generated immediate buzz, with clips of her cameos and high-energy numbers circulating widely. Past headliners have leveraged the slot to boost album sales, tour demand and brand partnerships.
For context, historical Coachella payouts have varied. Eminem reportedly earned around $1 million in 2018, while Paul McCartney was said to have received $4 million for one weekend in 2009. Beyoncé’s 2018 performance drew estimates from $8 million to as high as $12 million when factoring in production elements. Ariana Grande and The Weeknd have also been linked to eight-figure deals in prior years. These numbers fluctuate based on an artist’s current momentum, negotiation leverage and festival budget for that edition.
Lower on the bill, earnings drop significantly. Early-career or mid-tier acts might receive $10,000 to $50,000, while established names in sub-headliner slots can earn six figures. Production costs for headliners like Carpenter are substantial, with reports speculating that her elaborate “Sabrinawood” staging — including sets, lighting, costumes and guest coordination — likely ran into the millions, partially or fully covered by the festival or sponsors.
Carpenter has described Coachella 2026 as “the most ambitious show I’ve ever done,” highlighting the creative freedom and scale. In pre-festival interviews, she emphasized the difference between her arena tours and the festival environment, where she aimed to create a cinematic experience rather than a standard concert set. The inclusion of Hollywood stars as cameos added a layer of surprise that aligned with her playful, narrative-driven artistry.
The festival itself faced the usual mix of acclaim and criticism. Ticket prices drew complaints about accessibility, with some calling the event a “money trap” amid soaring resale values and add-on costs. Yet demand remained high, fueled by the star power of Carpenter, Bieber and Karol G. Organizers introduced new features like group camping options for 2026.
Beyond the paycheck, Carpenter’s Coachella slot reinforces her status as a generational talent. At just 26, she has transitioned from Disney Channel roots to pop superstardom, earning two Grammy wins and consistent chart dominance. Her ability to blend humor, vulnerability and showmanship has resonated with a broad audience, evident in the desert crowd’s enthusiastic response.
Speculation about her exact earnings will likely persist, as is common with major festival bookings. Insiders emphasize that total compensation packages can include non-cash elements such as production budgets, promotional support and future opportunities. For an artist at Carpenter’s level, the long-term career value of a successful Coachella headline set often outweighs the immediate fee.
As Weekend 2 approaches, anticipation builds for Carpenter’s second performance. Fans and analysts will watch closely for any setlist changes, additional guests or production tweaks. Regardless of the precise dollar amount, her 2026 Coachella appearances solidify a breakthrough year in a career already marked by impressive achievements.
The pop star’s team has not commented on financial details, and Goldenvoice maintains its longstanding policy of confidentiality around artist deals. What is clear is that Sabrina Carpenter delivered a memorable, high-production showcase worthy of the headlining stage — one that will be discussed, replayed and referenced for months to come.
Business
Volkswagen’s first-quarter deliveries drop 4% on weak China, US

Volkswagen’s first-quarter deliveries drop 4% on weak China, US
Business
Gina Rinehart-backed Vulcan Energy granted lithium royalty exemption
Gina Rinehart-backed Vulcan Energy has been exempted from paying royalties over lithium production in a German state for five years.
Business
Citizens cuts Bowhead Specialty stock price target on pricing pressure

Citizens cuts Bowhead Specialty stock price target on pricing pressure
Business
Trent vs DMart: Which retailer’s shares should you buy now?
Shares of Trent have surged around 11% in the past week, but remain down nearly 9% in 2026 so far and about 15% over the past year. Over the longer term, however, the stock has rallied more than 189% in three years and around 439% in five years.
Meanwhile, Avenue Supermarts has seen only marginal gains over the past week, but climbed 11% in one month and 18% in 2026 so far. Over a longer horizon, the stock has risen over 27% in three years and 49% in five years.
Valuation check
Trent shares have a P/E ratio of 85.50, according to data on NSE. The Tata Group company’s market capitalisation stands at nearly Rs 1.4 lakh crore. DMart shares, meanwhile, have a P/E ratio of more than 100. The company’s market capitalisation stands at around Rs 2.87 lakh crore.
Notably, both stocks have P/E levels that would typically be considered very high, although the story of measuring valuations is more nuanced than that.
Earnings comparison
Trent reported a 3% rise in its December quarter consolidated net profit at Rs 513 crore compared to Rs 497 crore reported in the year-ago period. The company’s revenue from operations stood at Rs 5,345 crore in Q3 FY26, up 15% over Rs 4,657 crore posted in the corresponding period of the last financial year.Also read: BSE loses ‘cheap’ tag post 80% rally in one year. Can Q4 performance, NSE IPO drive rerating?
DMart, meanwhile, saw its consolidated net profit grow 18.3% YoY to Rs 855.92 crore in Q3 FY26, while revenue from operations witnessed a 13.3% YoY spike.
Which stock should you buy?
The Trent versus DMart debate today is essentially a choice between growth optionality and earnings stability, said Harshal Dasani, Business Head at INVasset PMS. Trent has delivered strong momentum, with sharp expansion in its Zudio format and continued traction in fashion retail. Its growth profile remains superior, driven by store additions, premiumisation and category expansion, the analyst said.
“However, that growth comes with higher volatility—fashion retail is inherently more sensitive to demand cycles, inventory risks and changing consumer preferences. The stock also trades at elevated valuations, which leaves limited room for disappointment in the near term,” he said.
According to Dasani, DMart offers a far more predictable earnings trajectory. Its core value proposition—everyday low pricing and high inventory turns—continues to drive steady footfalls and resilient same-store growth, even in a mixed consumption environment. “While its growth may appear slower compared to Trent, the quality of earnings, strong cash flows and disciplined expansion model make it a more consistent compounder,” he added.
Also read: HPCL, BPCL and IOCL shares slide up to 4% as crude oil reclaims $100. Where are prices headed?
At current levels, DMart appears better suited for investors seeking stability and downside protection, whereas Trent remains a higher-risk, higher-reward play that is more attractive on corrections rather than at peak valuations, Dasani concluded.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Wolfe Research raises PPL stock price target on regulatory progress

Wolfe Research raises PPL stock price target on regulatory progress
Business
Bangkok Welcomes the Maha Songkran World Water Festival 2026
The Maha Songkran World Water Festival 2026 in Bangkok celebrates Thai culture with parades, performances, and water events, recognized as an Intangible Cultural Heritage by UNESCO. Admission is free.
Festival Overview
The Tourism Authority of Thailand (TAT) welcomes visitors to the Maha Songkran World Water Festival 2026 at Benchakitti Park. This five-day event, lasting until 15 April, merges cultural heritage with lively entertainment, establishing itself as one of Thailand’s premier Songkran celebrations. The opening ceremony, held on 11 April, was graced by Mr. Surasak Phancharoenworakul, Minister of Tourism and Sports, along with key figures from various sectors.
Cultural and Entertainment Highlights
Ms. Thapanee Kiatphaibool, TAT Governor, highlights the festival’s universal appeal, blending Thai tradition with modern celebration. Recognized by UNESCO as an Intangible Cultural Heritage, Songkran strengthens its global festival status.
The event features a grand parade headlined by Opal Suchata Chuangsri, Miss World 2025, portraying this year’s Songkran deity. Visitors can explore the “Songkran 5 Regions” zone, showcasing regional diversity with performances, local crafts, and traditional activities.
Evening Performances and Accessibility
Top Thai artists, including Bodyslam and Tilly Birds, heat up the main stage nightly, with DJs spinning tracks at the EDM stage. Each evening culminates in a spectacular drone light display featuring over 1,200 drones. Safety is paramount, with extensive support from public agencies and event partners ensuring a seamless guest experience.
The festival is easily accessible via public transport from BTS Asok and MRT Queen Sirikit stations. For further updates, visit the Amazing Thailand Facebook page or contact the TAT Call Centre.
Source : Maha Songkran World Water Festival 2026 opens in Bangkok
Other People are Reading
Business
(VIDEO) Trump Posts AI Image of Himself as Jesus After Slamming Pope Leo XIV in Fiery Rant
WASHINGTON — President Donald Trump ignited fresh controversy Sunday night by sharing an AI-generated image depicting himself as Jesus Christ healing a patient in a hospital bed, just minutes after launching a blistering attack on Pope Leo XIV on Truth Social.
The post, timestamped April 12, 2026, at 7:49 p.m. EDT, quickly drew widespread backlash from religious leaders, Catholics and political opponents who labeled it “blasphemous” and “unhinged.” The image shows Trump in flowing white robes with a glowing hand placed on the forehead of a man lying in a hospital bed, surrounded by a nurse, a praying woman, military figures and symbolic American elements including the U.S. flag, fighter jets and what appear to be angelic soldiers.
The provocative visual came shortly after Trump posted a lengthy rant criticizing the first American-born pope for his recent comments on the ongoing U.S.-Iran conflict and other issues. In the preceding post, Trump called Pope Leo XIV “WEAK on Crime, and terrible for Foreign Policy,” accusing him of catering to the “radical left,” supporting Iran’s potential nuclear ambitions and opposing strong U.S. actions abroad.
“I don’t want a Pope who thinks it’s OK for Iran to have a Nuclear Weapon,” Trump wrote, adding that he preferred the pontiff’s brother Louis because “he gets it” in reference to support for the MAGA movement. Trump also claimed credit for Leo’s elevation to the papacy, stating the Church selected the Illinois native primarily because of his American citizenship to deal with the Trump administration. “If I wasn’t in the White House, Leo wouldn’t be in the Vatican,” he asserted.
The feud escalated as Pope Leo XIV, who has repeatedly called for peace amid the Iran tensions, described certain U.S. military rhetoric and actions as “truly unacceptable.” The pope has urged negotiations and de-escalation in the Middle East, where a fragile ceasefire hangs in the balance following failed talks in Pakistan and Trump’s announcement of a U.S. Navy blockade of the Strait of Hormuz.
Critics pounced on the AI image, with some social media users and commentators suggesting the patient resembled Jeffrey Epstein or a wounded veteran, though no confirmation exists. Religious figures decried the post as sacrilegious, especially during the Easter season. One Catholic commentator called it “deeply sick,” while others accused Trump of idolatry and playing God.
Supporters, however, viewed the image as a bold, meme-style statement of strength and healing in turbulent times, aligning with Trump’s long history of using provocative visuals and unfiltered rhetoric on social media. The post garnered thousands of likes, re-truths and replies within hours, reflecting the polarized reactions typical of Trump’s online presence.
This latest episode unfolds against a backdrop of high-stakes international developments. On Sunday, Trump announced that the U.S. Navy would immediately begin blockading ships entering or leaving Iranian ports via the Strait of Hormuz after peace negotiations in Islamabad collapsed without a deal. The move aims to counter what Trump described as Iranian extortion through tolls and to force reopening of the critical waterway, which carries about 20% of global oil supplies.
U.S. Central Command confirmed the blockade would target Iranian-linked traffic starting at 10 a.m. ET Monday, while allowing passage for vessels serving Gulf allies. Iran responded with defiance, warning of retaliation and floating the possibility of disrupting the Bab el-Mandeb Strait in the Red Sea through its Houthi allies. Oil prices surged more than 9% in reaction, highlighting the economic risks.
Pope Leo’s calls for restraint in the conflict appear to have struck a nerve with Trump, who has framed his Iran policy as fulfilling campaign promises to project strength and prevent nuclear proliferation. The president has repeatedly issued ultimatums, including threats of strikes on Iranian power plants and bridges if the strait remained closed. A two-week ceasefire extension was agreed upon earlier after Pakistani mediation, but tensions remain high.
The Trump-Leo feud marks an unusual chapter in U.S.-Vatican relations. Historically, presidents have maintained respectful ties with the Holy See regardless of policy differences. Trump’s direct personal attacks, combined with the Christ-like AI imagery, have drawn comparisons to past controversies involving his social media habits, including previous AI-generated or altered images he has shared.
White House officials declined to comment directly on the Truth Social post when asked by reporters aboard Air Force One. Trump himself, when questioned about his criticism of the pope, reiterated that he was “not a big fan” and described Leo as “very liberal.” He defended his foreign policy approach, saying strong action was necessary to protect American interests and allies.
Faith leaders offered mixed responses. Some evangelical supporters praised Trump’s willingness to confront what they see as liberal influences in the Church, while Catholic organizations expressed dismay at the apparent mockery of sacred imagery. The U.S. Conference of Catholic Bishops had no immediate statement, but individual priests and commentators took to social media to condemn the post.
The AI-generated nature of the image also sparked debate about the role of artificial intelligence in political communication. Trump has increasingly embraced AI tools for visuals, a trend that raises questions about authenticity and potential manipulation in an already polarized information environment.
As the Hormuz blockade takes effect Monday, analysts warn that escalation could further inflame the region. Shipping companies are rerouting vessels, insurance costs are rising and global markets are monitoring developments closely. Iran’s Islamic Revolutionary Guard Corps has vowed to defend its waters, while the Houthis in Yemen remain a wildcard for Red Sea disruptions.
Trump’s Sunday night posts blend domestic-style attacks with international brinkmanship. By targeting the pope — a figure with immense moral authority for over 1.4 billion Catholics worldwide — the president signals no limits in defending his agenda. The AI Jesus image, whether intended as satire, inspiration or provocation, amplifies the message in viral fashion.
Religious scholars note that portraying political leaders in messianic terms has historical precedents but often invites accusations of hubris or blasphemy. In this case, the timing — amid Easter observances and a real-world conflict involving questions of justice, peace and power — has intensified the outcry.
For now, the image and the accompanying rant have dominated online conversations, overshadowing even the grave geopolitical stakes in the Persian Gulf. Trump’s Truth Social remains his primary platform for unfiltered communication, where such posts frequently set the news cycle.
As Monday dawns with the blockade underway and diplomatic channels strained, the world watches to see whether the Hormuz crisis de-escalates or spirals, even as Trump’s latest social media moment continues to reverberate through religious and political spheres.
Whether the AI depiction was meant to project healing leadership or simply troll critics, it underscores Trump’s signature style: bold, boundary-pushing and impossible to ignore.
Business
TSMC: The AI Silicon Shortage Is About To Get Worse (NYSE:TSM)
I come from the world of SQL queries, data visualization. My professional background is in data analytics and social media marketing, which gave me a weird but useful lens for looking at markets. I usually think in datasets, trends and pattern recognition before I think in headlines. I started learning about the investing and financial market during COVID like a lot of people, but unlike most, I never left. What started as buying a few stocks during lockdown turned into a deep dive down the rabbit hole and studying market structure, learning options. Over time I went from a casual investor to actively swing trading stocks and regularly trading Nasdaq futures. I also actively trade options and Nasdaq (NQ) futures as a swing trader, which keeps me plugged into short-term market dynamics, and volatility. When I am not staring at charts or digging through earnings reports, you’ll find me training jiu-jitsu at my local academy.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSM. NVDA, GOOG, AVGO, MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Micron, AMD stock among beneficiaries of AI server demand surge

Micron, AMD stock among beneficiaries of AI server demand surge
-
Politics3 days agoUS brings back mandatory military draft registration
-
Fashion3 days agoWeekend Open Thread: Veronica Beard
-
Sports3 days agoMan United discover Nico Schlotterbeck transfer fee as defender reaches Dortmund agreement
-
Tech6 days agoHow Long Can You Drive With Expired Registration? What Florida Law Says
-
Politics20 hours agoWorld Cup exit makes Italy enter crisis mode
-
Crypto World4 days agoCanary Capital Files SEC Registration for PEPE ETF
-
Fashion7 days agoMassimo Dutti Offers Inspiration for Your Summer Mood Board
-
Business3 days agoTesla Model Y Tops China Auto Sales in March 2026 With 39,827 Registrations, Beating Cheaper EVs and Gas Cars
-
Politics3 days agoMalcolm In The Middle OG Turned Down ‘Buckets Of Money’ To Appear In Reboot
-
Fashion6 days agoLet’s Discuss: DEI in 2026
-
Crypto World5 days agoBitcoin recovers as US and Iran Agree a Ceasefire Deal
-
NewsBeat12 hours agoPep Guardiola and Gary Neville agree over Arsenal title problem that benefits Man City
-
Business3 days agoOpenAI Halts Stargate UK Data Centre Project Over Energy Costs and Copyright Row
-
Business2 days agoIreland Fuel Protests Enter Day 5 as Blockades Spark Shortages and Government Prepares Support Package
-
Politics3 days agoLBC Presenter Mocks Trump Over Iran War Failures
-
Crypto World2 days agoFederal judge blocks Arizona from bringing criminal charges against Kalshi
-
Tech3 days agoA version of Windows 10 released a decade ago is now eligible for additional security patches
-
NewsBeat1 day agoJD Vance announces ‘no agreement’ with Iran over nuclear weapons fear
-
Sports2 days ago
1st-Round WR Enters Vikings Mock Draft Orbit
-
Entertainment4 days agoAlfred Hitchcock’s 10 Most Suspenseful Masterpieces, Ranked

You must be logged in to post a comment Login