It’s a profit boom.
And of course, we’re all still watching GameStop (GME) – Get the report, and Blackberry (BB) – Get the report. You know what? We add another millennial favorite: Beyond Meat (BYND) – Get the report.
There’s a real press release, and not just a Reddit action, to explain why Beyond Meat took off on Tuesday morning (don’t worry, Reddit, I’ll save the rockets for GameStop, BlackBerry and Bed Bath & Beyond (BBBY) – Get the report.
Live at 10:30 ET, Jim Cramer and Katherine Ross talk about Leon Black, Beyond Meat, Blackberry, Johnson and Johnson (JNJ) – Get the report, GE (TO GIVE) – Get the report and more:
So let’s dive into the news.
Pepsi (PEP) – Get the report and Beyond Meat established the PLANeT Partnership, which is a joint venture between the two companies to introduce new plant-based offerings.
“Vegetable proteins represent an exciting growth opportunity for us, a new frontier in our efforts to build a more sustainable food system and be a positive force for people and the planet, while meeting consumer demand. an expanded portfolio of more nutritious products “. said Ram Krishnan, commercial director of PepsiCo Global. “Beyond Meat is a fast-growing innovator in this rapidly growing category and we look forward to combining its unparalleled experience with our world-class capabilities in branding, consumer perception and distribution to deliver exciting new options.”
And there has also been news around BlackBerry this morning, with the company announcing an expanded partnership with Baidu.
The streets Martin Baccardax wrote that as part of the expanded partnership, Baidu’s high-definition map will be integrated with BlackBerry’s QNX Neutrino real-time operating system. The integrated system will be mass-produced and will be available in the upcoming GAC New Energy Aion models of Guangzhou Automobile Group’s electric vehicle group, Baidu said in a statement.
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