It’s a merit bonanza.
And of course we all still watch GameStop (GME) – Request reportand Blackberry (BB) – Request report. You know what? Let’s add another old millennial favorite: Beyond Meat (BYND) – Request report.
There is a real press release, and not just a Reddit push, to explain why Beyond Meat got underway in early morning trading Tuesday (don’t worry Reddit, I’ll save the rocket ships for GameStop, BlackBerry and Bed Bath & Beyond (BBBY) – Request report.
Live at 10:30 ET, Jim Cramer and Katherine Ross talk about Leon Black, Beyond Meat, Blackberry, Johnson & Johnson (JNJ) – Request report, GE (TO GIVE) – Request report and more:
So let’s get into the news.
Pepsi (FUT) – Request report and Beyond Meat have established the PLANeT Partnership, a joint venture between the two companies to introduce new plant-based products.
“Plant 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 for a comprehensive portfolio of more nutritious products, ”said Ram Krishnan, PepsiCo Global Chief Commercial Officer. “Beyond Meat is a breakthrough innovator in this fast-growing category and we look forward to combining their unparalleled expertise with our world-class capabilities in brand building, consumer insights and distribution to bring exciting new options.”
And there was some news this morning around BlackBerry too, with the company announcing an expanded partnership with Baidu.
The streets Martin Baccardax wrote that under the expanded partnership, Baidu’s high-definition card will be integrated with BlackBerry’s QNX Neutrino real-time operating system. The integrated system will be mass-produced and available on the upcoming GAC New Energy Aion models of the Guangzhou Automobile Group electric vehicle arm, Baidu said in a statement.
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