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bmw weighing in on that area food and beverage on the other side, ab inbev, the leader, up almost 1.5%. siemens boosting the industrial sector up nearly 1%. financial services, oil and gas on the downside as well. >>> all right, moving on, we're dwoung to focus right now on the u.s. minneapolis fed president neel kashkari said interest rates will stay at the same rate for the current time, adding more data is needed kashkari did not rule out an inflation hike if things staal. >>> riksbank has cut key interest rates by 25 bps to 3.75%. the ceo of italy's largest bank spoke to cnbc earlier and gave his take on the divergence between europe and the u.s. >> it's a matter of time it's fair to say europe and the united states are in a completely different position. you have the very important election in november and the trend of the real economy is very good. usa, yurngs probably we need to have some boost in terms of acceleration of grouchlkt so i think this could maintain the situation of the possible diversion, but this could be six months no more than this. if it's more than this, it co
bmw weighing in on that area food and beverage on the other side, ab inbev, the leader, up almost 1.5%. siemens boosting the industrial sector up nearly 1%. financial services, oil and gas on the downside as well. >>> all right, moving on, we're dwoung to focus right now on the u.s. minneapolis fed president neel kashkari said interest rates will stay at the same rate for the current time, adding more data is needed kashkari did not rule out an inflation hike if things staal....
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from geopolitics to the earnings story and the lines from the brewer ab inbev with a beat in the first quarter in terms of organic earnings, up 5.4 percent, an increase versus the estimates of 2.75%, so in terms of organic adjusted ebitda, a solid beat in the first quarter for ab inbev, the brewer of budweiser and bud light. in terms of the margin story, also a beat in the first quarter for ab inbev with adjusted margins coming in at 34.3 percent, slightly above the estimates and in terms of volume growth, this is important for analysts as we look across the markets of europe, u.s. and china, contracting 0.6%. volume growth contracted in the first quarter but well above the estimate, so less of a contraction that expected, the expectation had been volume growth when contract 1.3% but you are seeing contraction of just a little over half of a percent. a less dire picture at least in the first quarter, in terms of the full year view from ab inbev , they still see full year organic adjusted earnings between four to 8% growth. the redhead is a beat in terms of organic earnings a buy up for
from geopolitics to the earnings story and the lines from the brewer ab inbev with a beat in the first quarter in terms of organic earnings, up 5.4 percent, an increase versus the estimates of 2.75%, so in terms of organic adjusted ebitda, a solid beat in the first quarter for ab inbev, the brewer of budweiser and bud light. in terms of the margin story, also a beat in the first quarter for ab inbev with adjusted margins coming in at 34.3 percent, slightly above the estimates and in terms of...
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May 10, 2024
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think if you look at company where is you see value at the moment, areyou are looking at nestle and ab-inbev and home builders as well which have been beaten up badly in the uk over the last six or nine months. they should see the large boost as interest rate decreases finally come through there >> specific names helps with the audience i want to ask you -- you are focused on valuation trading at a 5% premium according to your metrics. i look ed at your chart and it was january and february of 2022 that was before the big drop in the market are we in danger of the situation where history may repeat itself? >> i think that is always the d danger you should be aware of here and you don't want to be blaise here going into the ma markets. we s we saw it with the european gdp and those signals are weak, but positive and turning a corner. investors will take optimism from that. you said valuation is over valued, but investors will look at the economic catalyst and be positive >> the stocks hitting fresh record highs i want to talk about the other side of the coin a lot of the thesis depends on the
think if you look at company where is you see value at the moment, areyou are looking at nestle and ab-inbev and home builders as well which have been beaten up badly in the uk over the last six or nine months. they should see the large boost as interest rate decreases finally come through there >> specific names helps with the audience i want to ask you -- you are focused on valuation trading at a 5% premium according to your metrics. i look ed at your chart and it was january and...
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ab inbev. lauren: they are way up. beer sales are down double digits because of the bud light controversy and the hangover from the dylan mulvaney saga that started april of 2023, so we've had more than a year of this. but it seems like they've moved on, right? business do reassume. business in colombia and brazil, record highs. despite the bad numbers in north america, maybe this is it. bud's up. stuart: forbes our parent company. lauren: -- fox. they reported earnings. advertising revenue if fell by a thirds, but overall revenue of $3.45 billion. stuart: then we have uber's rival, lyft. yeah, they're going the other way from uber. they're up. now, they reported. what are they doing right? lauren: shorter wait times. they're appealing to customers and what they wallet. you don't want to wait long for a ride. that's helping to attract new riders or and retain the current ones. and i'd also like to thank amazon, because lyft's new-ish ceo, david david risher, he's been in office for a year. he was the 37th employee if a
ab inbev. lauren: they are way up. beer sales are down double digits because of the bud light controversy and the hangover from the dylan mulvaney saga that started april of 2023, so we've had more than a year of this. but it seems like they've moved on, right? business do reassume. business in colombia and brazil, record highs. despite the bad numbers in north america, maybe this is it. bud's up. stuart: forbes our parent company. lauren: -- fox. they reported earnings. advertising revenue if...
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May 8, 2024
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shares of ab inbev are higher. they rose 2.6%. that was slightly above analysts' estimates. sales in colombia hit recor record-highs it grew. sale of the company's beer brands showed an 11% drop primarily because of bud light that is likely the last quarter to show aep it it started in april 2023 the company got its hardest quarter out of the way roy little to no bruises that stop up by 5%. >>> shares lifted their highest quarter of 3 increments. revenue also beat -- it saw improvement in riders. the number of active riders grew at an active pace. we're going to talk a lot more about the quarter with that company's ceo david risher that's going to happen at slightly higher. i know we're going to talk about this company its eats sticking by its plan to build 57,000 vehicles this year as it works to retool its ill plant and we're going to hear from ceo rj scaringe in the 8:00 hour in a first on cnbc interview, and phil lebeau is in the house. >> you gnome >> what is it? >> i don't want to drn you can since. they may trial to do something. >> i have no idea. one of the things.
shares of ab inbev are higher. they rose 2.6%. that was slightly above analysts' estimates. sales in colombia hit recor record-highs it grew. sale of the company's beer brands showed an 11% drop primarily because of bud light that is likely the last quarter to show aep it it started in april 2023 the company got its hardest quarter out of the way roy little to no bruises that stop up by 5%. >>> shares lifted their highest quarter of 3 increments. revenue also beat -- it saw improvement...