$ABEV

Brazil's election results triggered a sell-off in Brazilian assets, with the iShares MSCI Brazil ETF (EWZ) falling over 20% and U.S.-listed Brazilian stocks like Petrobras, Itaú Unibanco, and Ambev also declining. Elon Musk's comments on neocloud stocks sent shares of CoreWeave, Nebius, and IREN lower in premarket trading. Apple's iPhone Duo launch saw shorter lines and supply issues, with investors awaiting initial reactions.

Ambev SA ADR stock fell 17.9% to $2.71 in pre-open trading after Brazil's President Lula won the runoff election, surprising markets that had priced in a Bolsonaro victory. The Brazilian real depreciated, directly impacting Ambev's revenue. The decline reflects broader sell-offs in Brazilian assets and ADRs, with no global risk-off mood. Ambev's Q3 2026 earnings release is scheduled for October 29.

Insider sales were reported at five companies. Arqit Quantum's CEO and other executives sold shares totaling over $210,000. American Eagle's director sold 3,617 shares for $65,829. Ambev SA's corporate affairs VP sold 60,757 shares for $187,739. Verisign's CEO sold 3,300 shares for $964,683. Pagseguro's director sold 100,000 shares for $1,060,000.

Crippa Prado Carla Smith de Vasconcellos (See Remarks) sold 60,757 shares of AMBEV S.A. (ABEV) at $3.09 ($0.19M total) on 2026-09-03.

Ambev S.A. (ABEV) shares fell after Bank of America downgraded the stock to Underperform from Neutral, citing an unfavorable setup. The stock had previously rallied since the first round of Brazil's elections.

Ambev S.A. (ABEV) stock rose 10.2% on October 5, 2026, driven by investor optimism and a steady upward trend. The company filed a routine Form 6-K, maintaining U.S. compliance. ABEV has a market capitalization of $89.45B, a P/E ratio of 15.5, and a dividend yield of 1.9%. The stock is trading near $3.30, with support around $2.90.

U.S. stock futures fell 0.2% as investors monitored bond-market jitters and Fed rate outlooks. Group 1 Automotive dropped 2.1% after Morgan Stanley downgraded it to Underweight, citing execution risks and industry headwinds. Harley-Davidson rose 3.8% following a Citi upgrade to Buy, citing insider buying and strong earnings. Cerebras Systems gained 6.1% after OpenAI CEO Sam Altman called it a close partner. Brazilian ADRs surged 6-10% post-election results.

Evercore said Brazil beverage makers are more optimistic for Q2 2026 despite weather disruptions. Anheuser-Busch InBev cited improved industry direction, with weather offsetting World Cup-driven demand. Ambev said H2 2026 weather forecasts are not worse than 2025 and that weather explains the volume gap vs 2024. Coca-Cola Femsa expects election-related support in H2 2026 and monitors potential 2027 regulatory and tax changes.

Moreira Ricardo Manuel Frangatos Pires sold 468,040 shares of AMBEV S.A. (ABEV) at $3.08 ($1.44M total) on 2026-07-30.

Thursday, July 30, 2026 at 4:00 a.m. ET CALL PARTICIPANTS CEO - Carlos Eduardo Lisboa CFO and Investor Relations Officer - Guilherme Fleury de Figueiredo Parolari TAKEAWAYS Normalized EBITDA -- BRL 6.4 billion, representing 8.9% growth and 80 basis points of margin expansion driven by disciplined decisions across cost and revenue management. Normalized EPS -- BRL 0.22, a 24.2% increase compared to the previous year, supported by improved operating results and lower net financial expenses.