consumer spending and the in-flight impact of inflation. >>> exxon ceo, darren woods, will join us atill be right back. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq anheuser busch beating estimates for the most recent quarter, especially when you're looking at ebita, joining us is ab inbev's ceo. ebita came in better than anticipated. there were some questions, i think, about numbers per share, even though the numbers were solid. there were questions about whether you will be able to maintain strong sales if you continue to raise prices and i think that's why the stock was off a little bit yesterday when the numbers came out. >> thank fs for having me here yesterday there was reaction to the share price, but when you look at the fundamentals of the business, as i said, strong revenue growth, more than 11% globally growth across all regions, eb

on deck, we have a cnbc exclusive interview with exxon, darren woods, and chevron.he ceo of intel at 11:00 a.m. following the results. later today, 6:00 p.m. , a special on cnbc with kathy would. you never want to miss her when there has been so many tech earnings. a lookout for personal income and spending at 8:30 a.m. eastern time. at 9:45, we have the latest at 10:00 eastern time. that sentiment also comes today before the opening bell. we get earnings from chevron and exxon and also from procter & gamble. we don't want to miss any of those. with the big moves, intel posting a surprise second quarter loss, down about 9% in the premarket sales and fell 20%. they cut their outlook for the year laming economic cavity. the purchase of pcs and product delays, a 10% drop in total pc sales, all the more reason to watch today at 11:00 a.m. eastern. >>> apple shares are better than expected in the 3rd quarter. signs of slowing growth for smart phones and computers. smart phones did hold up pretty well even though ipad and mac did decline. amazon better in the second quart

darren woods at exxon said they're bringing in additional 250,000 barrels per day of refining capacityhe first quarter of 2023. which would be the largest addition in the u.s. in more than a decade. and look, these companies know that they are under fire for these record profits and typically when companies do report a record quarter, it is the first thing you see. but at the top of both of the earnings statements they did not note these were record earnings so they are well aware they are under attack by the administration and while exxon $17.9 billion in earnings this past quarter, it is a record you have to remember that in 2020, can't last more than $20 billion. so wild they are in creasing output to a certain extent, you know, they remember what it was like two years ago and so nobody is rushing to open the spigots in the way that you would have previously seen when oil was at $100. >> the perspective pippa, thank you paul, what do you do with the energy names, do you buy or on the tight supply or are you more weary because of the recession concerns and what that will do to demand

i remember the original darren wood it was like a screen test. couldn't deliver two plans, left and right. now he was fantastic i thought he told a story that honestly i was putting pen to paper and as much as i like mike worth, exxon they had an amazing free cash flow number. they had -- they just, natural gas was up i should point out that chevron committed 4 million tons of natural gas to europe. exxon, they made a huge amount of money, and i am thinking that it's a struggle to see who is really better. it is. it's a struggle. >> two good quarters going to help the indexes today on this final day of july. we'll talk some roku, getting crushed after the results with concerning comments about tv ad spend. meantime futures improving a bit. nasdaq in the lead we're back in a moment. to adapt in the changing world, you could hire a professor of theoretical mathematics. we all know this equation, right? he'd crunched numbers day and night. that's it. to maximize profitability. morning. i have quarterly numbers that are beautiful. and forecast revenu

in recent weeks amid growing recession talks and the potential demand slowdown, but exxon ceo darren woodsx that he still sees growth ahead >> there is some elasticity in demand so we did see some impact in moderation demand, but continue to believe and see growth overall and as economies continue to recover. >> meantime, huge moves across the clean energy space this week following that surprise deal between senators shumer and manchin as well as strong earnings the invesco solar fund up about 19% this week with hydrogen and wind stocks rising, as well. in terms of individual movers and enphase sunrun and sunnova, kelly up more than 30% this week >> increddin pippa, thank you for highlighting that and we'll pick up on it because our next guest says one of the leaders could be first solar and it's moving bigger and colin rush senior analyst at oppenheimer it's weird to see you and not be talking tesla. welcome. >> thanks so much for having me. i'm happy to be talking solar, and i'm more constructive. >> why are you more construct they've half of solar companies have gone bankrupt and -- >>

laura darren, this is a country in the woods of one former deployment, a country that's a region that is going through a very difficult phase. but of course that are good news. also one of the contentious issues are sticking point. busy for a very long time among which to applicant countries, the issue of the abbey john corridor and field of freight truck us from various countries that use that corridor complained of all what taxation and levies being imposed from them that has been sorted out. we understand that the moment by ministers of trade and commerce and find those in the region are following bad discussions ahead of today's summit. apart from that, we're also looking at the possibility of a course leaders here, reviewing this hunches on molly. remember when the co, the military took over power in molly and then there was a stalemate regarding the transition program between after negotiations between echoes and the leadership. in molly, there was issues where the leadership of the military money refused to handle the power. and also i've got subtle broke, we promised that met

woods. mrjensen joked he had acted like these japanese soldiers before realising on thursday morning that he had to go. this was darrens after he announced he was stepping down. according to two people present who spoke on the condition of anonymity. but mrjohnson stilljoking with his staff even though he had decided to go. the process of selecting a new conservative leader effectively begins now and the timetable will be decided by the leadership of the 1922 committee. we have talked a lot about it this way can they represent backbench conservative mps. the rules — as they stand today — are that any candidate needs the support of eight conservative mps to take part at all. some in the party say that bar should be raised — one saying a "wacky races" contest with lots of candidates should be avoided. the candidates then get whittled down to two over several rounds of voting just amongst conservative mps. only then does the wider membership of the conservative party get to have its say — and in a final run—off to decide the winner. before that process begin, two big conservative names have already said they won't be run