Shares of Anheuser-Busch InBev rose after the beer maker beatꦕ earnings estimates and Tesla shares declined after lower production from battery maker Panasonic raised worries about electric🤡 vehicle sales. Here’s what investors need to know today.

1. AB InBev Beat🎶s Earnings Estimates Despite Drop in US Sales

Anheuser-Busch InBev (BUD) maintained its full-year guidance and reported an increase in revenue despite a hit to U.S. sales following a boycott of Bud Light. AB InBev reported earnings of $0.86 a share, better than the $0.84 a share analysts had projected. AB InBev also announced a $1 billion buyback. Shares of AB InBev rose 3.5% in pre-market trading.

2. Tesl♛a Shares Fall Following Panasonic Batte🌄ry Report

Shares of Tesla (TSLA) fell nearly 1.4% in pre-market trading, following close to a 5% drop in the previous session, after reports from battery maker Panasonic raised worries that electric vehicle demand was in decline. Panasonic, a longtime supplier to Tesla, said that it reduced battery cell production during the most recent quarter, which comes after CEO 澳洲幸运5开奖号码历史查询:Elon Musk raised concerns about sales following the 澳洲幸运5开奖号码历史查询:company’s latest earnings report.

3. BP Shares Slide After Miss🍷ing Earnings on Wea📖k Gas, Wind Results

澳洲幸运5开奖号码历史查询:American depositary receipts (ADRs) of oil giant BP (BP) fell 3.5% in pre-market trading after its earnings of $3.3 billion missed analyst forecasts, as its strong margins on oil trading and refining were offset by weakness from gas and offshore wind. The company said it would maintain its dividend at $0.0727 per share and extend its $1.5 billion share buyback program.

♔ 4. Stellantis Shares Rise After UAW Deal anꦓd Revenue Jump

After reaching a tentative 澳洲幸运5开奖号码历史查询:agreemꦡent with the United Auto 😼Workers, Stellantis (STLA) said that lost production from the strike created a third quarter hit to sales of $3.2 billion, leading to a $797 million drag on profits. The automaker reported a 7% jump in revenue, beating analyst estimates, which it said reflected greater volumes and consistent pricing power. Stellantis shares gained nearly 3% in pre-market trading.

5. Home Prices Expec🐎ted to Rise, Consumer Co🌟nfidence Index to Fall

The S&P Case-Shiller 澳洲幸运5开奖号码历史查询:Home Price Index for August is projected to show an increase of 0.8%, up from a 0.1% rise in the prior month, when that data is released at 9 a.m. ET. The 澳洲幸运5开奖号码历史查询:Consumer Confidence Index is expected to dip to a reading of 100 for October, down from September’s 103, when the Conference Board releases those figures at 10 a.m. ET.