Dernières nouvelles pour Anheuser-Busch InBev (NYSE:BUD) Stock

Anheuser-Busch InBev

Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Anheuser-Busch Inbev SA Sponsored ADR (Belgium)

Anheuser-Busch InBev SA/NV

ANHEUSER BUSCH INBEV ORD by Anheuser Busch Inbev SA NV

Weed Inc

Buddy Technologies Ltd

Budimex SA

BUDWEISER BREWING CO by BUDWEISER BREWING CO APAC LTD.

Budweiser Brewing Co APAC Ltd

BUDWEISER BRWNG UNSP/ADR by BUDWEISER BREWING CO APAC LTD.

American beer drinkers could see some of their favorite beverages cost more in the coming years if President-elect Donald Trump's plan to place a 25% tariff on Mexican<a href="https://www.benzinga.com/24/11/42178994/trump-says-he-will-impose-25-tariffs-on-canada-mexico-on-first-day-of-office-and-extra-tariffs-on-china-until-they-pay-attention"> imports goes through.</a>
What Happened: Trump has promised to put tariffs on countries like China, Mexico and Canada when he is inaugurated as president in January, a move that has <a href="https://www.benzinga.com/24/11/42216863/nvidia-intel-suppliers-rethink-mexico-operations-amid-trumps-tariff-threat">several sectors on high alert </a>as they brace for the impact and likely pass the higher costs onto consumers.
One of the companies that could feel the brunt of the 25% tariff on Mexican imports is Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>), an alcohol company that holds the exclusive U.S license for several of the top imported beer brands in America.
Constellation imports brands like Modelo, Corona and Pacifico from Mexico where they are brewed by Grupo Modelo, which is a unit of Anheuser-Busch InBev SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>).
Data from Statista lists Modelo as the top imported beer in the United States for 2024, with Corona ranking second on the list. Heineken and Dos Equis XX, which are imported by Heineken USA, a unit of Heineken NV (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HEINY#OTC">HEINY</a>), rank third and fourth on the list respectively. Dos Equis is manufactured in Mexico and imported to the U.S.
Modelo is the top-selling beer in America, as <a href="https://www.usatoday.com/story/money/2024/04/06/national-beer-day-2024-history-facts-sales/73225409007/">reported </a>by USA Today. The beer<a href="https://www.benzinga.com/news/23/06/32865676/bud-light-boycott-impact-king-of-beers-owner-dethroned-as-top-selling-u-s-beer-brand"> passed Bud Light </a>for the crown in May 2023 and has maintained the market share lead. Corona Extra is the fifth bestselling beer in the U.S. according to the report, giving Constellation two of the top five bestselling beers in the U.S.
Did You Know?
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</ul>
Why It's Important: Constellation shares fell earlier this week on news of the tariff, which could have a big impact on the company's beer division.
The beer company manufactures all of its beer in Mexico, as <a href="https://www.cnbc.com/2024/11/26/trump-tariff-modelo-corona-constellation-brands.html">reported </a>by CNBC. Beer made up 86% of the company's revenue for the first half of 2024.
A 25% tariff on Mexican imports could raise Constellation's cost of goods sold by around 16%, according to Wells Fargo analyst Chris Carey.
Analysts expect Constellation to raise prices to offset the impact from the tariffs.
While other companies could opt to move manufacturing to the U.S. to offset the impact of the tariffs, Constellation might be stuck. The company has to produce beer brands like Modelo and Corona where AB InBev makes them, as part of an antitrust settlement between the U.S. Department of Justice, AB InBev and Grupo Modelo.
Trump previously proposed a 5% tariff on Mexican imports with plans to raise the amount to 25%, but those tariffs were not put in place previously according to the report.
Mexican President Claudia Sheinbaum suggested tariffs <a href="https://www.benzinga.com/news/global/24/11/42198583/will-trump-lead-us-into-trade-war-with-mexico-president-claudia-sheinbaum-rebukes-threats">on American goods</a> imported to Mexico in response to Trump's plan.
"One tariff will be followed by another in response, and so on until we put common companies at risk," Sheinbaum said.
Sheinbaum <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42219612/usmexico-trade-tensions-escalate-as-mexican-peso-hits-august-2022-lows-why-is-auto-industry-most-at-risk">highlighted American automakers</a> in her comments.
The comments from Trump and Sheinbaum could see tensions escalate between the U.S. and Mexico and a potential trade war taking place.
Consumers would likely be the losers in such a battle and drinking beers that come from Mexico will likely cost Americans more in the coming months.
STZ Price Action: Constellation Brands stock is up 1.17% to $236.57 on Wednesday versus a 52-week trading range of $224.76 to $274.87. Constellation stock is down 3% year-to-date in 2024.
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</ul>
Photo: 8th.creator via Shutterstock

Politics

Global

Trading Ideas

HEINY

Trump Tariffs On Mexico Could Affect Beer: Why Your Modelo, Corona Could Cost More Next Year

Leading Domestic Manufacturer and Brewer Continues Ongoing Investments&nbsp;in its Communities, Building on $2 Billion Spend Over Last 5 Years&nbsp;&nbsp;&nbsp;
HOUSTON, Nov. 20, 2024 &nbsp;/PRNewswire/ -- Anheuser-Busch (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), a leading domestic manufacturer and brewer of Michelob ULTRA, Busch Light, Budweiser, and Bud Light, today announced a new $14 million investment in its Houston brewery. Over the last 5 years, Anheuser-Busch has invested nearly $2 billion in its facilities across the country to help create and sustain jobs and drive economic prosperity in the communities where it operates and its employees call home.&nbsp;&nbsp;

News

Contracts

Anheuser-Busch Invests $14M In Its Houston Brewery To Drive Economic Growth; To Help Create And Sustain Jobs And Drive Economic Prosperity In The Communities Where It Operates

Donald Trump&#8216;s 2024 presidential election win put several sectors in the spotlight, <a href="https://www.benzinga.com/topic/alcohol">including alcohol stocks.</a>
What Happened: Some people watched the outcome of <a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election">election night</a> on television from their home. Others likely scrolled along with social media on their phone. Some attended watch parties with friends and families, similar to a Super Bowl party or one for <a href="https://www.benzinga.com/top-stories/24/08/40610039/are-nvidia-earnings-wall-streets-super-bowl-super-bulls-arrange-watch-parties-in-new-york-city">Nvidia's quarterly earnings.</a> 
Regardless of who voters wanted to win — Trump or Kamala Harris — they may have bought more alcohol for Election Day this year, at least in New York, with liquor stores reporting a busy day.
One liquor store <a href="https://nypost.com/2024/11/06/us-news/nyc-liquor-stores-were-crazy-busy-on-election-night-workers-say-weve-been-spending-hours-just-restocking/">told </a>the New York Post they were three to four times busier than a regular weekday on Election Day with heavy sales coming in the early afternoon and around 5 p.m. ET. An employee from Brooklyn's Juice Box liquor store told the Post there was also a noticeable trend from many customers.
"People were buying sparkling wine and a bottle of liquor for both (outcomes)," the employee said.
Employees from other New York stores noticed the same trend. Customers were either buying one type of alcohol for a happy outcome or one for a negative outcome.
"I have no idea if people will be drowning their sorrows or celebrating," the Juice Box employee added.
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</ul>
Why It's Important: While it is only one day of the year, Election Day 2024 could provide a short bump for alcohol stocks like Diageo Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) and Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>). Beer stocks like Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), Boston Beer Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAM#NYSE">SAM</a>) and Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) may have also benefitted from Election Day.
Alcohol may be a coping or celebratory item for Election Day in the U.S., but in India the country <a href="https://timesofindia.indiatimes.com/world/us/us-election-2024-does-america-have-dry-days-like-india-during-election-season/articleshow/114945854.cms">has </a>dry days of no alcohol around their elections with residents unable to drink for 48 hours before the vote, on election day or as the vote is being totaled.
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</ul>
Image: Shutterstock

Alcohol Stocks To Get A Boost From 2024 Election? Busy Liquor Stores Say Voters 'Drowning Their Sorrows Or Celebrating'

Whales with a lot of money to spend have taken a noticeably bearish stance on Anheuser-Busch InBev.
Looking at options history for Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) we detected 17 trades.
If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 58% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $611,810 and 13, calls, for a total amount of $1,688,582.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $70.0 for Anheuser-Busch InBev, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Anheuser-Busch InBev stands at 277.12, with a total volume reaching 14,328.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Anheuser-Busch InBev, situated within the strike price corridor from $55.0 to $70.0, throughout the last 30 days.
<h3>Anheuser-Busch InBev 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730997059_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BUD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$8.6</td>
<td>$8.1</td>
<td>$8.6</td>
<td>$55.00</td>
<td>$352.6K</td>
<td align="right">58</td>
<td>410</td>
</tr>
<tr>
<td>BUD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$7.7</td>
<td>$7.3</td>
<td>$7.3</td>
<td>$62.50</td>
<td>$299.3K</td>
<td align="right">366</td>
<td>0</td>
</tr>
<tr>
<td>BUD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.1</td>
<td>$6.0</td>
<td>$6.0</td>
<td>$60.00</td>
<td>$292.2K</td>
<td align="right">423</td>
<td>1.9K</td>
</tr>
<tr>
<td>BUD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.1</td>
<td>$5.8</td>
<td>$6.0</td>
<td>$60.00</td>
<td>$289.8K</td>
<td align="right">423</td>
<td>1.4K</td>
</tr>
<tr>
<td>BUD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.9</td>
<td>$4.3</td>
<td>$4.9</td>
<td>$70.00</td>
<td>$200.9K</td>
<td align="right">32</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About Anheuser-Busch InBev</h3>
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.
Having examined the options trading patterns of Anheuser-Busch InBev, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Anheuser-Busch InBev</h3>
<ul>
<li>Currently trading with a volume of 445,429, the BUD's price is up by 1.15%, now at $57.93. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 111 days.</li>
</ul>
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Options

Markets

Looking At Anheuser-Busch InBev's Recent Unusual Options Activity

Anheuser-Busch Inbev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) shares are<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> trading lower on Thursday.</a>
The company reported third-quarter adjusted earnings per share of 98 cents, <a href="https://www.benzinga.com/pressreleases/24/10/b41644339/ab-inbev-reports-third-quarter-2024-results" target="_blank" rel="noreferrer noopener">beating the street view of 89 cents</a>. Quarterly sales of $15.046 billion missed the analyst consensus estimate of $15.644 billion.
Anheuser-Busch noted that top-line growth of 2.1% was supported by revenue increases in over 60% of its markets, attributed to a 4.6% rise in revenue per hectoliter due to revenue management efforts and ongoing premiumization, estimating that market share was gained or maintained in 60% of its markets, with volumes rising in half of them.
In the third quarter, total volumes fell by 2.4%, driven by a 3.1% decrease in own-beer volumes, while non-beer volumes increased by 0.6%.
Overall volume performance was impacted by a soft consumer environment in China and Argentina.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41653721/est-e-lauder-q1-earnings-china-uncertainty-hits-beauty-giant-withdraws-fy25-outlook-stock-tanks" rel="noreferrer noopener">Estée Lauder Q1 Earnings: China Uncertainty Hits Beauty Giant, Withdraws FY25 Outlook, Stock Tanks</a>
&#8220;Consumer demand for our megabrands and the execution of our mega platforms delivered another quarter of top- and bottom-line growth with margin expansion,&#8221; said Michel Doukeris, CEO. &#8220;Our teams and partners continue to execute our strategy and we are confident in our ability to deliver on our raised FY24 EBITDA growth outlook of 6-8%.&#8221;
EBITDA increased by 7.1% with production cost efficiencies and disciplined overhead management driving EBITDA margin expansion of 169 bps.
On Wednesday, the company approved a $2 billion share buyback program to be executed within the next 12 months. 
Outlook: Anheuser-Busch InBev has raised its 2024 outlook, now expecting EBITDA growth of 6%-8% (up from the previous estimate of 4%-8%) and projecting capital expenditures between $4 billion and $4.5 billion.
Price Action: BUD shares are trading lower by 5.9% to $59.15 at last check Thursday.
Also Read:&nbsp;
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41652230/uber-q3-earnings-31-million-daily-trips-1billion-op-income-ceo-not-looking-for-big-m-a-deals-cfo-ex" target="_blank" rel="noreferrer noopener">Uber Q3 Earnings: 31 Million Daily Trips, $1Billion Op Income, CEO Not Looking For Big M&amp;A Deals, CFO Expects To Grow Organically</a></li>
</ul>
Photo: Engin Akyurt from Pixabay.

Equities

Movers

General

Anheuser-Busch Q3 Beats, But Beer Volume Drops Globally

WIIM

Anheuser-Busch InBev shares are trading lower after the company reported a Q3 sales miss, despite beating EPS estimates.

2024 Outlook
<ol>
<li>Overall Performance: We expect our FY24 EBITDA to grow between 6-8%. The outlook for FY24 reflects our current assessment of inflation and other macroeconomic conditions.</li>
<li>Net Finance Costs: Net pension interest expenses and accretion expenses are expected to be in the range of 220 to 250 million USD per quarter, depending on currency and interest rate fluctuations. We expect the average gross debt coupon in FY24 to be approximately 4%.</li>
<li>Effective Tax Rates (ETR): We expect the normalized ETR in FY24 to be in the range of 27% to 29%. The ETR outlook does not consider the impact of potential future changes in legislation.</li>
<li>Net Capital Expenditure: We expect net capital expenditure of between 4.0 and 4.5 billion USD in FY24.</li>
</ol>

Earnings

Guidance

Anheuser-Busch InBev Raises 2024 Outlook: Now Expects EBITDA To Grow Between 6%-8% (Prior 4%-8%), And Expects Capital Expenditure Of 4B-4.5B

Total Volume
In 3Q24, total volumes declined by 2.4%, with own beer volumes down by 3.1% and non-beer volumes up by 0.6%.
In 9M24, total volumes declined by 1.3% with own beer volumes down by 1.9% and non-beer volumes up by 2.5

Anheuser-Busch InBev Q3 Total Volumes Declined By 2.4%, With Own Beer Volumes Down By 3.1% And Non-Beer Volumes Up By 0.6%

Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.89 by 10.11 percent. This is a 13.95 percent increase over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $15.046 billion which missed the analyst consensus estimate of $15.644 billion by 3.82 percent. This is a 3.39 percent decrease over sales of $15.574 billion the same period last year.

Earnings Beats

Earnings Misses

Anheuser-Busch InBev Q3 2024 Adj. EPS $0.98 Beats $0.89 Estimate, Sales $15.046B Miss $15.644B Estimate

America's Leading Brewer Continues Ongoing Investments in its U.S. Manufacturing Capabilities, Building on $2 Billion Spend over Last 5 Years&nbsp;&nbsp;
ST. LOUIS, Oct. 22, 2024 /PRNewswire/ -- Anheuser-Busch (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), America's leading brewer and maker of Michelob ULTRA, Busch Light, Budweiser, and Bud Light, today announced a new $8 million investment in its St. Louis brewery. Over the last 5 years, Anheuser-Busch has invested nearly $2 billion in its facilities across the country to help create and sustain jobs and drive economic prosperity in the communities where it operates and its employees call home.&nbsp;

Anheuser-Busch Invests Additional $8M In St. Louis Brewery To Create And Sustain Jobs And Drive Economic Growth In Its Hometown

TD Cowen analyst Vivien Azer downgrades Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) from Buy to Hold and maintains the price target from $68 to $68.

Downgrades

Price Target

Analyst Ratings

TD Cowen Downgrades Anheuser-Busch InBev to Hold, Maintains Price Target to $68

Citigroup analyst Simon Hales upgrades Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) from Neutral to Buy.

Upgrades

Citigroup Upgrades Anheuser-Busch InBev to Buy

American Rebel Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) ("American Rebel" or the "Company"), the creator of American Rebel Beer (<a href="https://www.globenewswire.com/Tracker?data=aoILIu0Zh4g1kLZo1wlq-buTP8T2d5beu4bHN42uvwXKbJe7IOh5FeilR8sWvBLaV6JcYva_HGWhhn7I3tbFwePR1yRAXzbECHFVGflvQT7tTws-3c6pyeel2hMyQtQ9">www.americanrebelbeer.com</a>), and branded safes, personal security and self-defense products and apparel, announced the shipment of the first order to Dichello Distributors, Inc. from AREB's operating subsidiary, American Rebel Beverages, LLC. The multiple pallet order consisted of 12oz and 16oz cans from the recently completed production run in late August 2024 that became available for shipment the first week of September 2024 and delivery was completed and received by Dichello Distributors, Inc. on approximately September 20, 2024. &nbsp;
Dichello Distributors, Inc. (<a href="https://www.globenewswire.com/Tracker?data=CNwal1JMz5_dR3DTEmgIi5dryXExTSPrLCl_ybU2np9pjOfN4rMaUtZaAWp5fUBlApDhskWlbEgamwdUxYi3fA==">www.dichello.com</a>) has been a leading distributorship for over 75 years and is the largest privately owned Anheuser-Busch distributorship in Connecticut. Dichello currently services New Haven County, Middlesex County, and Fairfield County in Connecticut. Dichello Distributors, Inc. began in the early 1930's when Anthony Dichello began selling Hull's beer, which was locally brewed in New Haven, using a horse and wagon from the backyard of the family's homestead in Wallingford. Several years later, Anthony's three sons, John, James, and Albert Dichello, began to work in the family business while their father operated a local package store. Though the original founders have passed on, the proud traditions, first born almost 90 years ago, continue today under the leadership of John Hall, grandson of co-founder John Dichello, Sr.

AREB

American Rebel Light Beer Announces Initial Shipment Of 12oz And 16oz Cans To Dichello Distributors, Inc., An Anheuser-busch Distributorship In Connecticut

In August, the Federal Reserve's preferred inflation gauge, the <a href="https://www.benzinga.com/news/econ-s/24/09/41066122/feds-preferred-inflation-gauge-comes-in-below-expectations-for-august-easing-concerns-about-rising-p">Personal Consumption Expenditures </a>(PCE) Price Index, rose 2.2% year-over-year, coming in below analyst expectations of 2.3%. That&#8217;s down from July's 2.5%.
The core PCE, which excludes volatile food and energy prices, increased by 2.7% year-over-year, matching forecasts and slightly higher than July's 2.6%.
This decline in overall inflation, despite steady core inflation, suggests a potential easing of price pressures, even as costs for services like housing and financial services continue to rise.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/09/41063577/peter-thiel-offloads-over-1b-in-palantir-stock-in-2024-as-stock-more-than-doubles">Peter Thiel Offloads Over $1B In Palantir Stock In 2024 As Stock More Than Doubles</a>
Following Friday&#8217;s PCE report, these 14 stocks showed strong momentum in premarket trading, according <a href="https://pro.benzinga.com/">to Benzinga Pro:</a>
<ul>
<li>Bristol-Myers Squibb Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) rises 3.6% to $51.94.</li>
<li>PPD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) climbs 3.8% to $134.14.</li>
<li>JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) is up 3.3% to $39.38.</li>
<li>Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) gains 2.8% to $24.89.</li>
<li>Anheuser-Busch InBev SA/NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) advances 1.5% to $66.52.</li>
<li>NetEase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) lifts 1.7% to $92.69.</li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) jumps 1.3% to $14.00.</li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rockets 1.1% to $257.16.</li>
<li>Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) moves 0.9% higher to $105.80.</li>
<li>BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) ticks up 0.9% to $31.07.</li>
<li>PayPal Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) soars 1.1% to $81.03.</li>
<li>General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) inches up 0.9% to $46.24.</li>
<li>Lennar Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) posts a rise of 1.07% to $185.01.</li>
<li>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) registers a boost of 0.7% to $110.69.</li>
</ul>
Rising costs in services, particularly in housing, financial services, and insurance, were the key drivers of inflation, pushing the overall PCE index higher. While service prices surged, goods prices saw a slight decline, helping to offset some of the inflationary pressure. Meanwhile, falling energy prices, especially gasoline, provided additional relief compared to previous periods of stronger inflationary impact from energy.
Food prices increased modestly, primarily in off-premises consumption like groceries, but their effect on inflation was smaller compared to services. 
Core inflation, which excludes food and energy, remained steady due to ongoing price increases in durable goods and essential services. Despite minor declines in goods prices, rising service costs <a href="https://www.benzinga.com/topic/inflation">kept core inflation elevated</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/asia/24/09/41066338/alibaba-jd-com-strike-deal-to-open-ecosystems-amid-slowing-growth-and-chinas-antitrust-pressure">Alibaba, JD.com Strike Deal To Open Ecosystems Amid Slowing Growth And China&#8217;s Antitrust Pressure</a></li>
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Photo: Shutterstock.

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14 Stocks Gain Momentum As August Inflation Comes In Below Expectations

Brewer's Latest Investment Strengthens Local Economy and Brewing Excellence with Multimillion-Dollar Commitment&nbsp;
LOS ANGELES, Sept. 25, 2024 /PRNewswire/ -- Anheuser-Busch (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), America's leading brewer and maker of Michelob ULTRA, Busch Light, Budweiser and Bud Light, today announced a new $16 million investment in its Los Angeles brewery. Over the past 5 years, Anheuser-Busch has invested nearly $2 billion in its facilities across the country to help create and sustain jobs and drive economic prosperity in the communities where it operates and its employees call home.&nbsp;

Anheuser-Busch Invests $16M To Bring Increased Capabilities And Capacity To Los Angeles Brewery

Americans receiving <a href="https://www.benzinga.com/personal-finance/24/09/40800774/gen-xs-looming-retirement-crisis-is-worse-than-they-realize-expert-compares-it-to-being-handed-a">Social Security payments</a> may see less of an increase next year, according to a nonprofit group that represents senior citizens.
The Social Security Administration is poised to announce its yearly cost of living adjustment (COLA) for payments to 71 million Americans in the middle of next month, effective in January 2025. The government agency handed out a 3.2% increase for this year last October.
The Senior Citizens League expects a 2.5% increase for next year, based on inflation falling from 2.9% in July to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40815794/fed-is-all-clear-for-launch-on-cutting-rates-as-inflation-falls-to-lowest-point-in-">2.5% in August</a>.
By law, the annual inflation adjustment is based on the average inflation during July, August, and September&nbsp;as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Read Also: <a href="https://www.benzinga.com/personal-finance/24/09/40817544/report-warns-of-16-500-annual-social-security-benefit-cut-for-dual-income-couples-by-2033">Report Warns of $16,500 Annual Social Security Benefit Cut for Dual-Income Couples by 2033</a>
The Bureau of Labor Statistics averages the CPI-W for these three months and then compares it with the same time frame from the previous year. The percentage difference between the two is the COLA, payable for checks received in January 2025. 
The league says the expected 2.5% increase will not be enough for seniors to meet the higher cost of living. 
Nearly 80% of senior households report that their monthly budget for essential items like food, housing, and prescription drugs had increased over the last 12 months, according to a 2024 survey taken by the organization. Almost two-thirds &#8212; 63% &#8212; say they&#8217;re worried that their income won&#8217;t be enough to cover these basic costs in the coming months.
&#8220;Ensuring that seniors have enough to feed and house themselves with dignity is a major reason why we advocate for a minimum COLA of 3%,&#8221; said Shannon Benton, the league&#8217;s executive&nbsp;director.&nbsp;
She said about two-thirds of seniors rely on Social Security for more than half of their monthly income, and 28% depend on it entirely.
Retirement Stocks
Dividend-yielding, retirement-oriented stocks, typically selected for their risk-averse nature, experienced mixed performance by midday trading on Monday.
<ul>
<li>Coca-Cola Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) gained 0.92% to $72.06.</li>
<li>Anhueser Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) slipped 0.41% to $64.63.</li>
<li>Dominion Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) rose 1.07% to $58.78.</li>
<li>Microsoft Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) slipped 0.19% to $429.78.</li>
</ul>
Retirement ETFs
Exchange-traded funds that are well suited for retirement trended upward on Monday.
<ul>
<li>Vanguard High Dividend Yield ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VYM#NYSE">VYM</a>) rose 0.41%.</li>
<li>IShares MSCI EAFE ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFA#NYSE">EFA</a>) gained 0.34%.</li>
<li>Vanguard Total World Stock ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VT#NYSE">VT</a>) edged up 0.53%.</li>
<li>IShares Cohen &amp; Steers REIT ETF ((BATS: <a class="ticker" href="https://www.benzinga.com/stock/icf#BATS">ICF</a>) went up 0.20%.</li>
<li>Vanguard Total Bond Market ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BND#NASDAQ">BND</a>) inched up 0.21%.</li>
</ul>
Retirement Plan Stocks
Financial service firms that offer retirement plans were also on the upswing on Monday.
<ul>
<li>The Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) picked up 2.5% to $63.67.</li>
<li>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) gained 1.89% to $53.78.</li>
<li>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) gained 1.47% to $201.33.</li>
</ul>
Read Now: 
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<li><a href="https://www.benzinga.com/personal-finance/24/09/40695081/we-should-not-just-be-dependent-upon-the-payroll-tax-to-fund-social-security-says-retirement-exp">&#8216;We Should Not Just Be Dependent Upon The Payroll Tax&#8217; To Fund Social Security, Says Retirement Expert Teresa Ghilarducci</a></li>
</ul>
Photo: Shutterstock

iShares Trusthen & Steers Realty Majors Index Fund

MSFT

SCHW

Social Security Payments Set For 2.5% Increase Next Year; Retirement-Oriented Dividend Stocks Like Coca-Cola, Wells Fargo See Gains

Fund manager Matthew Tuttle made waves in the ETF space for his unique funds that offer ways for investors to get leveraged exposure or <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36500461/exclusive-the-man-who-shorts-cathie-wood-and-jim-cramer-filed-for-new-bitcoin-etfs-why-lev">bet against well-known financial figures</a> like Jim Cramer and Cathie Wood.
Tuttle is back with a new fund that gives investors a way to invest in companies that are not meeting ESG (environmental, social, and governance) requirements.
What Happened: Tuttle Capital Management launched the ETF Opportunities Trust Tuttle Capital Shareholders First Index ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ESGX#BATS">ESGX</a>), a new ETF that gives investors<a href="https://www.benzinga.com/markets/esg/23/09/34288808/want-to-bet-against-woke-companies-theres-an-etf-for-that"> a way to invest </a>in companies that "focus on profits, not politics or trendy activisms of the moment."
"ESGX allows investors to choose a portfolio of companies that follow the comment sense notion that companies that focus on profits are better for investors than companies that don't," a press release for the fund reads.
The ETF follows the AJN Shareholders First Index, which tracks a portfolio of U.S. companies that meet the requirement of focusing on profits and ignoring politics and "trendy activisms of the moment."
"Too many companies today put ESG and DEI politics first and their shareholders' profits last," Tuttle Capital CEO Matthew Tuttle said. "ESG has become a way for liberal executives and large investors to enact social changes that they can't pass at the ballot box."
Tuttle said CEOs can be pressured to "cave to the trendy politics of the moment," and often times this is not in the best interest of shareholders.
"That's why we launched ESGX – to put shareholders and profits first."
Tuttle added that investors had limited options of ways to invest in companies that put profits ahead of politics before the ETF launched.
As of Sept. 9, the following were the top <a href="http://ShareholdersFirstETF.com">holdings </a>in the ESGX ETF:
<ul>
<li>MarketAxess Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTX#NASDAQ">MKTX</a>): 2.3% of assets</li>
<li>Evergy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>): 2.2% of assets</li>
<li>J.B. Hunt Transport Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>): 2.1% of assets</li>
<li>MDU Resources Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDU#NYSE">MDU</a>): 2.1% of assets</li>
<li>RLI Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>): 2.1% of assets</li>
</ul>
The ETF launch comes after companies like Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), Planet Fitness (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>), Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) and others have been <a href="https://www.benzinga.com/news/23/06/33083401/mark-cuban-vs-chamath-palihapitiya-billionaires-battle-over-go-woke-go-broke-mantra">accused by consumers</a> and investors of focusing too heavily on ESG and DEI policies and "going woke" instead of worrying about financial growth and returns for shareholders.
Read Also: <a href="https://www.benzinga.com/etfs/specialty-etfs/24/06/39299113/nancy-pelosi-among-best-of-the-best-in-stock-trading-new-congress-trading-etf-coming-from-cre">Nancy Pelosi Among &#8216;Best Of The Best&#8217; In Stock Trading: New Congress Trading ETF Coming From Creator Of Anti-Cathie Wood, Jim Cramer Funds</a>
Self Defense ETF Also Launches: Tuttle Capital also launched the Spinnaker ETF Series Tuttle Capital Self Defense Index ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/GUNZ#BATS">GUNZ</a>) Tuesday.
The fund invests in companies that are engaged in self-defense, with a belief that the United States is becoming less safe.
The ETF invests in companies that manufacture, service, supply and distribute personal and law enforcement defense equipment and protection services. The fund tracks the AJN Self Defense U.S. Equity Index.
"Americans feel less safe and feel there is more crime in the country now than last year. Many Americans are taking self defense into their own hands," Tuttle said.
Tuttle added that shares of gun manufacturers have also risen after the assassination attempt on former President Donald Trump.
"Gun sales have rebounded after nearly three years of continuous decline and firearms manufacturers world wide have seen their stock surge after the terrorist attack on Israel and the Trump assassination attempt."
As of Sept. 9, the following were the top <a href="https://www.gunzetf.com/">holdings </a>in the GUNZ ETF:
<ul>
<li>Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>): 8.9% of assets</li>
<li>Johnson Controls (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>): 6.9% of assets</li>
<li>AXON Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>): 6.9% of assets</li>
<li>Allegion PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>): 6.4% of assets</li>
<li>OSI Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSIS#NASDAQ">OSIS</a>): 6.4% of assets</li>
</ul>
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<li><a href="https://www.benzinga.com/m-a/24/03/37943780/exclusive-trump-media-company-goes-public-financial-experts-say-djt-a-meme-stock-this-is-going-to-be">EXCLUSIVE: Trump Media Company Goes Public, Financial Experts Say DJT A &#8216;Meme Stock&#8217; — &#8216;This Is Going To Be A Way To Bet On Or Against Trump&#8217;</a></li>
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Specialty ETFs

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ALLE

AXON

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ESGX

EVRG

GUNZ

JBHT

MKTX

OSIS

PLNT

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Fund Manager Who Bet Against Jim Cramer And Cathie Wood Has New Anti-Woke ETF: 'Puts Profits Ahead Of Politics, DEI & ESG'

Morgan Stanley analyst Sarah Simon maintains Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) with a Overweight and raises the price target from $68.5 to $73.

Morgan Stanley Maintains Overweight on Anheuser-Busch InBev, Raises Price Target to $73

Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) continues to recover from a boycott in 2023 when it infuriated conservative consumers by partnering with trans activist and influencer Dylan Mulvaney on <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/04/31750302/anti-trans-sentiment-cant-hold-bud-light-maker-down-amid-dylan-mulvaney-controversy-the-">a marketing campaign</a>. 
The beer company now has a new brand ambassador, one that will likely help win back its anti-woke customer base, just in time for the<a href="https://www.benzinga.com/topic/ncaa-football"> 2024 NCAA Football season.</a>
What Happened: Bud Light&#8217;s new <a href="https://www.youtube.com/watch?v=DdO5cmjnlKk">ad</a>, geared toward college football fans, stars comedian Shane Gillis.
"College football fans are some of the most passionate, dedicated fans out there and we are so proud to partner with teams across the country to make all of the special gameday moments even easier to enjoy," Bud Light SVP Marketing Todd Allen <a href="https://www.anheuser-busch.com/newsroom/bud-light-college-football-shane-gillis">said</a>.
Gillis, known for his offbeat and cringe humor, is also a co-writer for the ad campaign.
The first ad in the partnership is "The Dean's Office," which is meant to show how hard it is to "pass up a cold Bud Light," the company said.
"I like football and beer, especially Bud Light," Gillis said of his new partnership.
The ad starts airing on television Saturday, Aug. 31 during college football games on NBC, ABC and ESPN.
As part of the college football promotion, there are 26 <a href="https://www.budlight.com/easytogameday/login/">themed </a>Bud Light cans with team logos and colors.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/05/38974524/kid-rock-moves-past-boycotting-bud-light-calls-out-these-two-companies-weve-got-bigger-targ">Kid Rock Moves Past Boycotting Bud Light, Calls Out These Two Companies: &#8216;We&#8217;ve Got Bigger Targets&#8217;</a>
Why It's Important: The new college football partnership follows the launch of "Easy to Sunday," a new NFL-themed ad campaign that started in July.
With the two partnerships, Bud Light is targeting college football and NFL fans, who have often been loyal beer drinkers. The new ad is another step in the company's fight to win back market share and convert old fans back to the once boycotted brand.
The new ad could also welcome back what Bud Light has been known for as a beer that guys will do anything for, as past ad campaign have hit at. The new advertisement could prove controversial with Gillis attached to it, but could also appeal to the people who stopped drinking Bud Light in the first place.
The Mulvaney campaign sparked a boycott and <a href="https://www.benzinga.com/general/politics/23/06/32947380/desantis-takes-on-woke-beer-brand-during-2024-election-campaign-ill-serve-you-anything-except-bu">drew the ire of right-wing politicians</a> who used it as an example to lash out at DEI (diversity, equity and inclusion) principles.
Like Bud Light, Gillis knows a thing or two <a href="https://www.benzinga.com/general/entertainment/24/02/37325976/donald-trump-gold-sneakers-get-saturday-night-live-parody-treatment-white-men-can-trump-bas">about being boycotted</a>. The comedian was once hired by "Saturday Night Live" in 2019. Gillis was let go from the comedy series several days later when old clips of his using racial and homophobic slurs resurfaced.
Gillis has gone on to have a series "Tires" on streaming platform Netflix debut in the top 10 and get picked up for a second season. The comedian also has a special "Beautiful Dogs" on Netflix.
The comedian also returned to &#8220;Saturday Night Live&#8221; to host an episode in February.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/02/36990137/trump-says-anheuser-busch-deserves-second-chance-after-conservative-backlash-rocks-bud-light">Trump Says Anheuser-Busch Deserves Second Chance After Conservative Backlash Rocks Bud Light</a></li>
</ul>
Image: Shutterstock

Entertainment

Sports

Bud Light Taps Anti-Woke Comedian For College Football Ad: Can Shane Gillis Help Beer Brand Win Back Conservative Consumers?

A proposed buyout offer of 7-Eleven parent company Seven &amp; I Holdings Co could take the American convenience store from being owned by a Japanese company to<a href="https://www.benzinga.com/markets/asia/24/08/40448182/7-eleven-may-become-canadian-how-japanese-chain-could-change"> a Canadian company.</a>
Many people likely have no idea that 7-Eleven is currently owned by a Japanese company according to a poll of Benzinga readers.
What Happened: Canadian convenience store owner Alimentation Couche-Tard Inc (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ANCTF#OTC">ANCTF</a>) has proposed an offer to buy Seven &amp; I Holdings Co, the owner of 7-Eleven, for a reported $31 billion. The news of the deal sent shares of Seven &amp; I Holdings <a href="https://www.benzinga.com/markets/asia/24/08/40453525/7-eleven-owner-seven-i-holdings-sees-6-drop-in-shares-amid-alimentation-couche-tards-potential-takeo">higher to start the week.</a>
7-Eleven was founded in the 1920s in Texas, which currently serves as the company's headquarters. The convenience store has been owned by the Japanese company since 2005, which many Americans likely weren't aware of.
"Did you know that 7-Eleven is a Japanese-owned company?" Benzinga asked its readers.
Seventy-one percent of poll respondents answered no, with 29% saying yes that they knew 7-Eleven was owned by a Japanese company.
While most readers weren't familiar with this example, there are dozens more American companies owned by foreign companies. Here are some examples.
Ben &amp; Jerry's: The American ice cream company founded in Vermont, now owned by Unilever (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UL#NYSE">UL</a>), a U.K. food and consumer products conglomerate.
Burger King: The restaurant brand is owned by Restaurant Brands International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>), a Canadian-American company headquartered in Toronto that also owns Canadian coffee retail brand Tim Horton's.
Trader Joe's: The grocery store brand is owned by German company Aldi Nord, which also owns Aldi.
Smithfield Foods: The American pork producer and food processing company is owned by WH Group, a Chinese food company.
Chrysler: One of the American "Big 3" automakers, Chrysler is now a unit of Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), which is headquartered in the Netherlands.
Budweiser: One of the top-selling American beer brands, Budweiser was founded in St. Louis, Missouri in 1876. The company is now owned by Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), which is headquartered in Belgium.
Read Also: <a href="https://www.benzinga.com/top-stories/24/08/40423891/buffett-musk-wood-cuban-or-ackman-who-do-investors-trust-most-with-life-savings-poll-shows-it-isnt-e">Buffett, Musk, Wood, Cuban Or Ackman: Who Do Investors Trust Most With Life Savings? Poll Shows It Isn&#8217;t Even Close</a>
Why It's Important: If Alimentation Couche-Tard Inc. completes its takeover of 7-Eleven parent Seven &amp; I, it would create the world&#8217;s leading convenience store operator, with over 100,000 combined locations globally.
The deal would also mark the largest takeover of a Japanese company if the buyout offer is approved.
Alimentation Couche-Tard is one of the most valuable Canadian public companies, and it would likely elevate into the top 10.
With a combined total of over 20,000 locations in the United States, the potential merger could face regulatory scrutiny in North America.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/restaurants/24/07/39635507/joey-chestnut-the-patriot-reigning-champ-shuns-chinese-backed-hot-dogs-for-impossible-america">Joey Chestnut The Patriot? Reigning Champ Shuns Chinese-Backed Hot Dogs For &#8216;Impossible&#8217; American Ones</a></li>
</ul>
The study was conducted by Benzinga on Aug. 19 and Aug. 20, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 121 adults.
Image created using artificial intelligence via Midjourney.

Exclusives

ANCTF

STLA

7-Eleven Owned By A Japanese Company? 71% Of Benzinga Poll Respondents Surprised: Other Foreign-Owned US Companies Revealed

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Invesco Comstock Fund Q3 2024 Commentary

Evercore ISI analyst Robert Ottenstein maintained a Buy rating on Anheuser-Busch Inbev Sa (BUD – Research Report) today and set a price target of $...

Evercore ISI Keeps Their Buy Rating on Anheuser-Busch Inbev Sa (BUD)

JPMorgan analyst Celine Pannuti raised the firm's price target on AB InBev (BUD) to EUR 75 from EUR 72 and keeps an Overweight rating on the shares...

AB InBev price target raised to EUR 75 from EUR 72 at JPMorgan

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Press Releases

AB InBev Reports First Quarter 2024 Results

Danone Joins 100+ Accelerator as Fifth Partner for Scaling Sustainable Startup Innovation

Michelob Ultra Becomes the Official Partner of Concacaf's Top Club Competitions and Major League Soccer

AB InBev Reports Second Quarter 2024 Results

More Ways to Michelada: THC-Infused Michelada goes Mainstream...

Anheuser-Busch Invests $16M to Bring Increased Capabilities and Capacity to Los Angeles Brewery

Anheuser-Busch Invests Additional $8M in Flagship St. Louis Brewery to Create and Sustain Jobs and Drive Economic Growth in its Hometown

AB InBev Reports Third Quarter 2024 Results

Anheuser-Busch Invests $14M in its Houston Brewery to Drive Economic Growth

AB InBev Becomes Official Beer Partner of FIFA Club World Cup 2025™​

BMV:ANB

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Boston Beer Co

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