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Incorporated in 1999, Ambev (ABEV) is a Brazilian company that produces beverages. Its operations span across 14 countries and it keeps a portfolio of such brands as Antarctica, Brahma, Skol, and H2OH. Also, the company acts as the biggest bottler of Pepsi. In all, Ambev manages over 100 labels. Ambev distributes a number of popular drinks across Latin America and Brazil. It has a franchise agreement with Lipton, Gatorade and other famous brands. Ambev is listed on the B3 and the New York Stock Exchange (NYSE). To learn the latest Ambev share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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