AB InBev Volume Declines on Lower Demand in China and Brazil
The world's biggest brewer reported a 1.9% fall in organic volume, according to a statement Thursday, missing analyst estimates. Consumers in Brazil have been more cautious, compounding a slowdown in China where fewer people have been drinking in bars.
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Associated Press
29 minutes ago
- Associated Press
The Buzz Marketing Presents Sa-Les: Innovative Headset Privacy Screen
Protecting play calls and enhancing coaching privacy in a competitive sports landscape. FORT LAUDERDALE, FL, UNITED STATES, August 1, 2025 / / -- The Buzz Marketing proudly announces the licensing availability of Sa-Les, an innovative headset privacy screen designed to revolutionize communication privacy for coaches and team staff. Sa-Les offers a simple yet highly effective solution to prevent opposing teams from reading lips during crucial game moments, providing a strategic advantage and reinforcing communication security on the sidelines. Proven Market Solution with Strong Commercial Potential Sa-Les addresses a critical need in professional and collegiate sports, where maintaining the confidentiality of play calls can directly impact outcomes. By completely screening off the bottom half of the face, Sa-Les ensures microphone privacy while allowing clear, uninterrupted communication. Its slightly curved fit accommodates a variety of headsets and mouthpieces, offering versatility across different coaching setups and sports environments. Addressing Multi-Billion Dollar Market Opportunity The global sports equipment market is projected to exceed $400 billion by 2030, driven by rising investments in team performance and technological enhancements. Sa-Les provides manufacturers with an opportunity to enter or expand within this lucrative market segment by offering an innovative, patent-protected accessory that aligns with the growing demand for advanced sideline solutions. Key Features and Design Advantages Sa-Les features an ergonomic curved screen that integrates seamlessly with standard headsets. It offers optional openings to accommodate various microphone types, ensuring maximum adaptability. The discreet yet effective design improves focus and prevents potential information leaks, giving teams a critical competitive edge. Ready-to-License Innovation Ideal for manufacturers specializing in sports equipment, coaching accessories, and performance-enhancing technologies, Sa-Les is a ready-to-license solution positioned to meet the demands of elite teams and organizations worldwide. Licensing Opportunity for Forward-Thinking Manufacturers 'The Buzz Marketing team is excited to present Sa-Les as a breakthrough privacy tool for the sports industry,' said a spokesperson for The Buzz Marketing team. 'We are actively seeking manufacturers ready to leverage this innovation to expand their product offerings and capitalize on a rapidly growing market.' Strong Market Position and Revenue Potential Sa-Les is patent-protected, providing exclusive market entry opportunities and strong revenue potential. Manufacturers who license Sa-Les can benefit from first-mover advantage and position themselves as leaders in sports communication privacy solutions. About The Buzz Marketing The Buzz Marketing specializes in connecting innovative, patented products with forward-thinking manufacturers worldwide. The agency focuses on delivering high-value licensing opportunities designed to drive growth and market leadership. Media Contact: [email protected] The Buzz Marketing The Buzz +1 8885432899 [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Bloomberg
29 minutes ago
- Bloomberg
Stock Movers: Apple, Amazon, Figma
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Matt Miller, Katie Greifeld, Carol Massar and Tim Stenovec. - Apple (AAPL) shares slid despite delivering strong earnings as markets traded lower today. The iPhone-maker reported its fastest quarterly revenue growth in more than three years, easily topping Wall Street estimates, after demand picked up for the iPhone and products in China. Revenue rose 9.6% to $94 billion in the fiscal third quarter, which ended June 28, the company said in a statement Thursday. Analysts estimated $89.3 billion on average, according to data compiled by Bloomberg. Apple also predicted that fourth-quarter revenue would be up by a percentage in the mid- to high-single digits — better than the 3% that analysts had forecast. - Amazon (AMZN) dropped after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals, leaving investors searching for signs that the company's huge investments in artificial intelligence are paying off. Operating profit will be $15.5 billion to $20.5 billion in the period ending in September, compared with an average estimate of $19.4 billion. Sales will be $174 billion to $179.5 billion, the company said Thursday in a statement. Analysts, on average, expected $173.2 billion. - Figma (FIG) shares were volatile in their second trading day, rising as much as 333% above the initial public offering price before paring gains. The San Francisco-based company's stock traded at $126.07 each as of 10:35 a.m. on Friday in New York, versus the IPO price of $33 per share. Figma's stock had jumped 250% on Thursday, in the largest first-day pop in at least three decades for a US-traded company raising more than $1 billion, data compiled by Bloomberg show. The company and some of its shareholders raised $1.2 billion in an IPO, pricing the stock on Wednesday above the marketed range. The trading gives Figma a market value of $61.5 billion, based on the outstanding shares listed in its filings. Accounting for employee stock options and restricted stock units, and restricted stock units for Chief Executive Officer Dylan Field, which are subject to vesting conditions, the fully diluted value is roughly more than $73 billion.
Yahoo
30 minutes ago
- Yahoo
Sugar Prices Pressured as Brazil Ramps Up Sugar Production
October NY world sugar #11 (SBV25) on Friday closed down -0.17 (-1.04%), and October London ICE white sugar #5 (SWV25) closed down -2.80 (-0.60%). Sugar prices were under pressure Friday, with NY sugar sliding to a 1-week low and London sugar falling to a 3.5-week low. Signs of stronger sugar production in Brazil are weighing on sugar prices after Unica on Thursday reported Brazil's Center-South sugar output in the first half of July rose +15% y/y to 3.4 MMT. Also, the amount of sugarcane being crushed for sugar by Brazil's sugar mills has increased to 54% from 50% the same time last year. More News from Barchart Brazil Tariff Risks Underpin Arabica Coffee Prices Arabica Coffee Rises as Tariff Risks Remain Cocoa Prices Settle Sharply Higher on Supply Woes Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. The outlook for higher sugar production in Brazil is bearish for sugar prices. Datagro said Monday that dry weather in Brazil has encouraged the country's sugar mills to increase their cane crushing, diverting more of the cane crush toward more profitable sugar production rather than ethanol. The outlook for higher sugar exports from India is negative for prices after Bloomberg reported that India may permit local sugar mills to export sugar in the next season, which starts in October, as abundant monsoon rains may produce a bumper sugar crop. India's Meteorological Department reported Monday that cumulative monsoon rain in India is at 440.1 mm, or 8% above normal as of July 27. Also, the Indian Sugar and Bio-energy Manufacturers Association on Thursday said that it will seek permission to export 2 MMT of sugar in 2025/26. The outlook for higher sugar production in India, the world's second-largest producer, is bearish for prices. On June 2, India's National Federation of Cooperative Sugar Factories projected that India's 2025/26 sugar production would climb +19% y/y to 35 MMT, citing larger planted cane acreage. That would follow a -17.5% y/y decline in India's sugar production in 2024/25 to a 5-year low of 26.2 MMT, according to the Indian Sugar Mills Association (ISMA). Sugar prices have retreated over the past four months, with NY sugar falling to a 4.25-year low last month and London sugar sliding to a 4-year low, driven by expectations of a sugar surplus in the 2025/26 season. On June 30, commodities trader Czarnikow projected a 7.5 MMT global sugar surplus for the 2025/26 season, the largest surplus in 8 years. On May 22, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% y/y to a record 189.318 MMT, with global sugar ending stocks at 41.188 MMT, up 7.5% y/y. Signs that the recent slide in sugar prices to 4-year lows has sparked a pickup in demand are positive for sugar prices. China's June sugar imports soared by 1,435% to 420,000 MT. Also, President Trump last Wednesday said Coca-Cola agreed to use cane sugar in Coke beverages sold in the US instead of high-fructose corn syrup, which could boost US sugar consumption by +4.4% to 11.5 MMT from 11 MMT currently, according to Bloomberg Intelligence. Sugar prices also have support from reduced sugar production in Brazil. Unica reported Thursday that the cumulative 2025/26 Brazil Center-South sugar output through mid-July fell by -9.2% y/y to 15.655 MMT. Last month, Conab, Brazil's government crop forecasting agency, said 2024/25 Brazil sugar production fell by -3.4% y/y to 44.118 MMT, citing lower sugarcane yields due to drought and excessive heat. The outlook for higher sugar production in Thailand is bearish for sugar prices. On May 2, Thailand's Office of the Cane and Sugar Board reported that Thailand's 2024/25 sugar production rose +14% y/y to 10.00 MMT. Thailand is the world's third-largest sugar producer and the second-largest exporter of sugar. The International Sugar Organization (ISO) raised its 2024/25 global sugar deficit forecast to a 9-year high of -5.47 MMT on May 15, up from a February forecast of -4.88 MMT. This indicates a tightening market following the 2023/24 global sugar surplus of 1.31 MMT. ISO also cut its 2024/25 global sugar production forecast to 174.8 MMT from a February forecast of 175.5 MMT. The USDA, in its bi-annual report released May 22, projected that global 2025/26 sugar production would climb +4.7% y/y to a record 189.318 MMT and that global 2025/26 human sugar consumption would increase +1.4% y/y to a record 177.921 MMT. The USDA also forecasted that 2025/26 global sugar ending stocks would climb +7.5% y/y to 41.188 MMT. The USDA's Foreign Agricultural Service (FAS) predicted that Brazil's 2025/26 sugar production would rise +2.3% y/y to a record 44.7 MMT FAS predicted that India's 2025/26 sugar production would rise +25% y/y to 35.3 MMT due to favorable monsoon rains and increased sugar acreage. FAS predicted that Thailand's 2025/26 sugar production will climb +2% y/y to 10.3 MMT. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
