we have carlsberg and anheuser—busch coming up in the next few days.ear what they say about europe, but this seems to be brewer specific. it will wait to be seen if it is company specific as well.— wait to be seen if it is company specific as well. italy's prime minister giorgia meloni is in china — where she's promised to �*relaunch' co—operation with beijing. she made the announcement on sunday during a meeting with chinese premier li chung. ms meloni signed a three—year action plan aimed at improving trade ties — after italy exited president xi jinping's "belt and road" infrastructure new rules have come into force designed to make london a more attractive place for companies to list their shares. britain's finance regulator, the financial conduct authority, says it's the biggest change in over three decades — and will �*boost growth and innovation'. the london stock exchange has struggled to attract share sales from companies in recent years. chip designer arm — seen as the �*jewel in the crown' of uk tech — caused widespread disappointment in the

anheuser-busch, are they still feeling the effects of the boycott? number three beer behind not only modelo and also michelob ultra. it's number three according to nielsen iq, and this time period includes memorial day through july 4th. hi, summer kickoff, barbecue season. that's a bad sign for the rest of the year. stuart: not good. arm holdings. they got an upgrade. lauren: stock's up 2.33%. morgan stanley took the price target to 190 a share, they're a buy. this upgrade is about arm's opportunity to capitalize on something i hadn't heard of, edge a.i. so a.i. applications on devices, the computation in edge a. a.i. is literally on the edge nearest the user rather than in a data that center or in the cloud. and morgan stanley thinks that arm's chips design will help in mobile, in auto, in pcs, in the edge a.i. part of it. if you look at the stock, a relatively new stock to the public markets, but it's more than doubled this year. stuart: it's interesting, isn't it, that you've got this worldwide tech outage that affects a billion people maybe, and

investors are dumping rival brewers on the heineken mass as well you have the company down 1.7% anheuser-buschown 2% boston beer down 2.5%, shares of arm holdings getting strong-armed by the beers at this hour ahead of the chip desires earning report on wednesday hsbc cut the rating on the stock to reduce from hold citing an elevated valuation for pes at 89 and also concerns of a slowdown in the android smartphone market which arm really has a lock on they did bump the price target on arm to $105 a share from 100 but that still indicates the stock which is down to $140.92 is still have the painful road downhill. be watching for that and see if it comes to pass. medical equipment maker defying gravity at this hour almost at the top of the s&p 500. i think one person away and tesla at the top where brevity up 8.6%, shares of the company formerly known as perkinelmer are the second biggest gain on the s&p 500 after the company raised the annual profit forecast gravity that makes more than half of the sales outside of the u.s. saw better-than-expected demand for the diagnostic products. with just

in the case of anheuser-busch, they lost billions and billions of shareholder value by mismanaging therocess. so, you have to get executives comfortable. i think that's going to take a bit. but clearly, as lulu says the opportunity of messaging and where certainly anyone 35 to below is spending time on social media. and they trust it. even though it's themselves talking to each other, they may actually trust that media more than they, you know, major broadcasters. >> i think that's a great point. lulu, how should companies be thinking about this when they're looking to get a message out, often the social media manager is someone more junior in part because they seem to be more native to the platform and understand it. and there are some messages maybe a little less impactful they can be responsible for putting out. but in other ways social media is now the tip of the spear for any engagement with the public, that message needs to be vetted through any level of the organization. >> so i would say that's often a mistake because what we're not considering here is that omission can be a mi

but that was thing or the right, and trump is promoted those boycotts.is then an anheuser-busch lobbyist threw him a fundraiser, and trump did a total 180.a we should all be buying budweiser now. now it's electric vehicles. trump has been railing against electric vehicles for years. and really intensely for months now. remember, it was part of his w weird rambling never ending speech at the rnc that there is an electric vehicle mandate, which there isn't, and he is going to free us from the fake e electric vehicle mandate. he'll allow americans to have gas cars again, since joe biden banned gas cars. again, this is not a true thing he was saying about joe biden or about there being any mandate about electric cars. but he has been on this for months about how electric cars are terrible and he will free us from the tyranny of electric cars, except now he's just realized that this might make for an awkward relationship with elon musk, who is occasionally the richest man in this country, and who owns a large electric car company.an once elon musk reneged a few days ago on what the "wall stre

i went to the military came out e discipline now he's a ceo of anheuser-busch and it wa't hiidea to puteptions kid you combined with corporate america to do just that the other thing is i keep hearing we need welders and we need this can to them in so a lot ofeople when they graduate come from the inner city it costs $5,000000. mom and dad or just mom is not there to write they don't you p? why don't you say i got a scholarship years, but now i'm going to be making. $120,000and that's a fact. and why do i talk like this? because mike rcomonth and he dre and and i think that would be good about about the education. barack obama, i remember saying the same thing and i remember said, i forgot the name is the namef of they started when he was in and he said to a to the east room. he said we have to stop ling kids that are carrying books in the black and don't think:waol or free to get good grades. it won't be accepted. that was the first time i heard that. and that's the president. united states. by the way, barack obama's got a endous story. i wish he would tell it. his book was a bestsell

i went to the military came out use that discipline now he's a ceo of anheuser-busch and it wasn't his idea to put dylan on that beer can. but i would love to see i would love to see the perceptions. right. can we some commercials and perceptions kid you combined with corporate america to do just that the other thing is i keep hearing we need welders and we need this can we get some sponsors from these companies to them in so a lot of people when they graduate come from the inner city it costs $5,000 to go $10,000. mom and dad or just mom is not there to write the check. you want a welder? why don't you pay for that? why don't you say i got a scholarship to, go to welding school is going to take me two years, but now i'm going to be making. $120,000 by the time i'm 25. and that's a fact. and why do i talk like this? because mike rowe comes on every month and he drills it into me and and i think that would be good about about the education. barack obama, i remember saying the same thing and i remember said, i forgot the name is the name of his group of he a he had a foundation. they sta

so, google, facebook, but also disney, anheuser-busch, all of those companies have experienced that inr another. expect that to continue now. the pick of jd vance really signals a resurgence and a tilt towards -- strongly toward economic populism in the republican party. chamber of commerce politics, not totally dead in the republican party, of course, but this tells you where things are going in the future. all the young republicans are on the populist side. >> we're also keeping note of the support coming out of the vc community and the billionaire community, eamon, which is another thread running through all this. interesting balance taking place. that's eamon javers in milwaukee. we'll come back to you later today. >>> take another look at the emkease t futures under pressure. more "squawk on the street" is back in a moment. doors lead us to new opportunities. your dedicated fidelity advisor... -surprise! -for you, mama. ...can help you open those doors. by proactively reviewing your entire portfolio. with an eye on taxes and risk. doors were meant to be opened. welcome to the now

at the big board anheuser-busch and team usa getting ready for the olympic games in paris just a couplee nasdaq, good foods celebrating. the picture looks pretty good. >> yes, it does. the kinds of things going down, downgrades of general mills. speaking of nasdaq. why? they're not cutting pet prices and pet is down 8%. the companies that can't adjust to inflation are still going down. boy, the small and medium-sized business on fire and deservedly so. exactly what eamon was saying. it's who the republicans favor. they want those companies to grow. look, i worked with larry kudlow for a long time on our network. larry i think is going to have a high-level position i believe if trump wins. if he wants him. obviously he's at fox right now. he's always said small and medium-sized business, that's who we're for. that's trump's sweet spot. he loves those companies. >> as for the iwm, small cap etf up 8% in the last four sessions, best rally since 2020, june of 2020, jim. as for the russell, one out of five members now at a six-month high. >> isn't that something? we had larry fink in yesterd

. >> which is an anheuser beer. >> te same time it is amazing people worried about constellation, 10%t's tied in with illegal immigration. i don't want to go there it is a growth beer and they have a lot of different products but right now it's misunderstood because of glp and cannabis, not because of illegal immigration. >> miss you owning the bar and getting us real-time data. >> about cannabis. >> can you get the bar back? >> no my wife owns a mezcal country. you can't own a bar and liquor company. >> miss thebar the time of year we go and have the party. >> we got to be in -- >> i think she's very happy. >> she's doing well with that product. >> see you in a few moments. breaking economic tada in l.e.i. don't go anywhere. . >>> good thursday morning. welcome to another hour of "squawk on the street. i'm sara eisen with carl quintanilla and david faber, live as always from post nine of the new york stock exchange. take a look at stocks here in the early action looking a little bit firmer than we were yesterday up 0.3% on the s&p 500. nasdaq is higher it's rebounding a little bit 0.

first, that's anheuser busch michelob ultra ringing the bell this morning to celebrate team usa as athletesor the summer games in paris. it is the official beer sponsor of the olympics. all right, taking you live? take a look at the dow jones. up 560 points. almost 1.5. the other reason besides the retail report and earnings is it seems to be the sentiment on wall street is that the federal reserve is more likely to cut rates in september. they're feeling pretty confident about that. and that's helping the rally today as well. the s&p 500 higher into record territory up a third of a percent. the nasdaq right now down just slightly. powerful record labels are suing verizon for more than $2 billion over massive copyright infringement allegations. universal warner and sony accused verizon of intentionally ignoring its customers copyright violations. the record labels claim to have sent hundreds of thousands of infringement notices that show specific instances of verizon subscribers stealing music. universal, warner and sony claim verizon did nothing to remove the music. bank of america's secon

that is anheuser-busch and team usa ringing the opening bell.y in the morning for that. >> it's a little early in the morning, but not not too early to ring the bell and celebrate sports. >> so thank you for joining us. >> i'm pam cook, i'm andre senior in for dave clark. today is tuesday july 16th. steve paulson is up now with a look at the cooler weather we've been dealing with here. >> there were a few occasions at chico state where it was not too early, but were you still up for the night before? a couple times, yes. but, okay. as pam just looked at the monitor and said, oh, look at that fog that high fog. yes. there's plenty coming in. what's interesting is there's more east and south than there is north. and lows to the north have dipped into the 40s for the first time in weeks, 47 santa rosa. yet 50s and 60s elsewhere. and a bigger fog bank east and south. as i mentioned, thunderstorms again are erupting up northeast california over the sierra and also northern mendocino county up to the northern sacramento valley. maybe an encore perform