inbev up 4.5% this morning >>> call this the solar flare out.of solar companies like sunrun have investors on the run. running for the exit sunrun losing half value in 90 days all despite tons of talk at the white house and spending on renewables boom. our colleague and friend pippa stevens is here to breakdown what is behind the drop. pippa, great to have you on. love reading your writing. everyone is like renewables are going to boom. maybe they will, but stocks aren't >> brian, good morning that is right. a little bit of a mixed message here we hear about record growth and transplanting into the broader market with the chip shortage and rising cost of raw materials is hitting solar stocks. semis are key for storage systems and solar inverters. first quarter earnings calls means this is an issue going forward. supply cannot keep pace with demanded they expect to show up in second quarter shipment volumes they expect the market to remain tight throughout the rest of 2021 solar edge stockpile in anticipation of the shortage they have seen ship c

he will be replaced by the head of ab inbev's north american operations. this comes after the company posted a blowout quarter. spacex nails the landing in the fifth test of its starship rocket. after reaching an altitude of about six miles, the rocket made a controlled dissent to its launchpad in texas -- controlled descent to its launchpad in texas. nasa recently picked spacex to develop a moon landing system with starship. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ pres. biden: it doesn't have to be exactly what i say, but to suggest that, some of the folks that are suggesting that, i am willing to compromise. but i am not willing to not pay for what we are talking about. i am not willing to deficit spend. jonathan: i love that line he had to throw in there, seriously meeting with them. not just for optics. good morning. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. -- mornin

stay in the left lane towards growth and these momentum funds just think three weeks ago momentum was inbev, it's so choppy. leadership comes in one day, so that strategy is not going to work, just pick one lane, stay with us even though you have volatility but bouncing from the one to the other not going to work. charles: i got five seconds, nvi dia after the clerk buy, sell, or old? >> take a little bit off the table right now, we could have the news we've seen that before, great stock, but ran up quite a bit. charles: i agree with you, if you're going to hold it, if not maybe get good entry point. ken you're the best, liz claman, i've been using the word meander ing, we're waiting for something here. liz: okay i'm thinking push me, pull you, right? there is a big push me, pull you moment going on right here, between the wall street bulls and the wall street bears they are locked in sort of this volatile tug of war as we head into the final hour of trade. right now, the bears have a very slight advantage. the dow, down 59 the s&p down 8 the nasdac, we'll call it flat because just a second

ab inbev beat first quarter results even with closing down the maker of budweiser and stella announceeo will step down in july after 15 years on the job the north america boss will take over that stock up this morning by 5% "squawk box" will be right back. >> announcer: this cnbc program is sponsored by flexshares trade funds. managed by northern trust. what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those ready for the next challenge. today, we are translating decades of experience into strategies for the road ahead. we are morgan stanley. business, into strategies for the road ahead. you can turn your frontline reps into bottom-line superheroes. (keyboard taps) (bubble pops) now, his emails always strike the right tone. - [crowd] hooray! - [diana] learn more, at grammarly.com/business. >>> welcome back president biden's tax plan could be a triple threat to the r