BUD stock price: AB InBev preps for a new $27 billion move

AB Inbev (NYSE: BUD) stock has been in the spotlight this month as concerns about the company’s marketing remain. As I wrote here, the company has become disliked by both conservatives and liberals following its Dylan Mulvaney advertisements. In this article, I will explain why this controversy likely saved Anheuser-Busch. Boycotts never work Conservatives have… Continue reading BUD stock price: AB InBev preps for a new $27 billion move

ContextLogic stock jumped 40% on Friday: here’s the catalyst

Shares of ContextLogic Inc (NASDAQ: WISH) went up as much as 40% today after the eCommerce company announced a share repurchase programme. How many shares will it buy back? On Friday, the Nasdaq-listed firm confirmed that it plans on buying back up to $50 million worth of its stock. The programme that will be effective… Continue reading ContextLogic stock jumped 40% on Friday: here’s the catalyst

P&G CEO on Q3 earnings: ‘very pleased with where we stand’

Procter & Gamble Co (NYSE: PG) is in the green this morning after reporting market-beating results for its third financial quarter. P&G’s guidance for the future Shareholders are cheering also because the consumer goods company raised its outlook. For the full year, it’s now calling for a 1.0% increase in sales versus flat to down… Continue reading P&G CEO on Q3 earnings: ‘very pleased with where we stand’

C3.ai stock price analysis: on the cusp of a 33% meltdown

C3.ai (NYSE: AI) stock price has lost its bullish momentum as investors assess its role in the artificial intelligence industry. After soaring to the year-to-date high of $34.56 on April 3, the shares have now plunged to about $20. C3.ai is highly overvalued C3.ai share price has done well this year as investors place bets… Continue reading C3.ai stock price analysis: on the cusp of a 33% meltdown

EasyJet share price braces for a big rally if this happens

The aviation industry has staged a strong recovery, with many companies reporting higher revenues than before the pandemic. As a result, most airline stocks have jumped sharply from their pandemic lows. EasyJet (LON: EZJ) share price jumped to a high of 527p, the highest point since May last year. It has jumped by over 85%… Continue reading EasyJet share price braces for a big rally if this happens

Elevance Health revenue growth hurt by a $1.8B unrealized loss

Elevance Health (NYSE: ELV), the giant insurance company, had a strong performance in the first quarter as the number of insurance enrolments increased. Its revenue and earnings per share (EPS) were better than estimates. Elevance said that its revenue jumped to $41.9 billion in the first quarter a 10.6% increase from what it made in… Continue reading Elevance Health revenue growth hurt by a $1.8B unrealized loss