Anheuser Busch Inbev SA

10'000 Hours | DigitalVision | Getty ImagesA clear majority of Americans who don't identify as LGBTQ+ believe companies should publicly support the community, according to a new survey from gay rights organization GLAAD.About 70% of more than 2,500 adults who don't identify as lesbian, gay, bisexual, transgender, queer or an otherwise member of the community said support from companies should come through hiring practices, advertising and sponsorships, according to online responses to GLAAD's annual "Accelerating…

A customer passes by the brewery section at an H-E-B grocery store on March 02, 2023 in Austin, Texas. Budweiser owner AB InBev is the largest brewer in the world.Brandon Bell | Getty Images News | Getty ImagesBudweiser-owner Anheuser-Busch InBev on Thursday reported a jump in profit for the first quarter, saying the beer industry had proved resilient despite inflationary pressures.The Belgium-based brewing giant — the biggest in the world — reported core profit of $4.76 billion, up by 13.6% from the first quarter of…

In this photo illustration the Disney+ logo seen displayed on a smartphone screen.SOPA Images | LightRocket | Getty ImagesCheck out the companies making headlines in premarket trading.Disney – Disney shares added more than 1% in early morning trading after the company elected independent director Mark Parker as Chairman of the board. It also opposed activist investor Nelson Peltz's attempt to join the board as the two sides prepare for a proxy battle.Bed Bath & Beyond — The retailer advanced 16% premarket, continuing…

The start of 'Dry January,' a month when many people avoid drinking alcohol, typically brings a heightened level of attention to non-alcoholic drinks. But the CEO of one of the leading non-alcoholic beer companies said that the demand for non-alcoholic brews is booming well beyond a single month."This is the moment we've been waiting for in the category," Bill Shufelt, Athletic Brewing CEO, said on CNBC's "Squawk Box "on Wednesday.Long a sleepy category within the broader industry of beer, non-alcoholic beer has seen its…

Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Here's the latest analyst commentary on these Club holdings, along with our view. Apple Analyst take: Baird lowered its estimate for iPhone manufacturing in Apple's fiscal first quarter by 8 million units, citing persistent challenges at an assembly plant in China . As a result, analysts at Baird cut the bank's forecast for total revenue in the fiscal first by 5.6% and revised its iPhone revenue estimate down by…

A Biogen facility in Cambridge, Massachusetts.Brian Snyder | ReutersCheck out the companies making the biggest moves midday:Apple — Apple shares fell 3.89% following a report that iPhone production could take a big hit due to unrest at a Foxconn factory in China, amid protests in China against the nation's zero-Covid policy. Analysts have expressed concern about recent manufacturing interruptions ahead of the holiday season too.Taboola — Shares of the advertising company surged 43.48% after Taboola announced Yahoo had…

Patrick DoyleScott Mlyn | CNBCRestaurant Brands International announced Wednesday that it is hiring former Domino's Pizza CEO Patrick Doyle as its executive chair.Doyle, 59, was chief executive of Domino's from 2010 to 2018, and oversaw the pizza chain's transformation into a digital powerhouse in the restaurant industry. When he took the reins of the company, its shares were trading at under $12. By the time of his departure, the stock was trading at more at $270 per share.related investing newsHedge funds were busy…

Zane Navratil and Parris Todd of BLQK celebrate a point during a group play Major League Pickleball match against the Florida Smash at Pickle & Chill on October 15, 2022 in Columbus, Ohio.Emilee Chinn | Getty ImagesMajor League Pickleball has named its newest team owner, and it's a major beer brand.The rapidly growing sports league announced on Tuesday that Anheuser-Busch will purchase a Major League Pickleball team. The team will begin playing in the 2023 season.In recent months, MLP has announced dozens of…

Witthaya Prasongsin | Moment | Getty ImagesBeer is taking up less of the American booze market as beverage companies flood the market with buzzy new drink categories, including ready-to-drink cocktails.Even legacy beer companies have expanded outside of their staple beer products with innovations for spirits drinkers.Anheuser-Busch InBev, the world's largest brewer, has diversified its portfolio to include hard seltzers, canned wine and canned cocktails. Molson Coors dropped the "Brewing Co" from its name in 2019 to…

Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC.Saul Loeb | AFP | Getty ImagesA year ago, before Facebook had turned Meta, the social media company was sporting a market cap of $1 trillion, putting it in rarefied territory with a handful of U.S. technology giants.Today the view looks much different. Meta has lost about two-thirds of its…