It is a bonanza of gains.
And, of course, we’re still looking at GameStop (GME) – Get reportand Blackberry (BB) – Get report. You know what? Let’s add another old, old favorite – Beyond Meat (BYND) – Get report.
There is a real press release, and not just a push from Reddit, to explain why Beyond Meat was taking off in trade early Tuesday morning (don’t worry, Reddit, I will save the rockets for GameStop, BlackBerry and Bed Bath & Beyond (BBBY) – Get report.
Live at 10:30 ET, Jim Cramer and Katherine Ross talk about Leon Black, Beyond Meat, Blackberry, Johnson & Johnson (JNJ) – Get report, GE (GE) – Get report and more:
So, let’s dive into the news.
Pepsi (PEP) – Get report and Beyond Meat established the PLANeT Partnership, which is a joint venture between the two companies to present 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, meeting consumer demand for an expanded portfolio of more nutritious, ”said Ram Krishnan, PepsiCo’s global commercial director. “Beyond Meat is a leading innovator in this fast-growing category and we look forward to combining his unparalleled experience with our world-class resources in brand building, consumer awareness and distribution to offer interesting new options.”
And there was also some news about the BlackBerry this morning, with the company announcing an expanded partnership with Baidu.
The streets Martin Baccardax wrote, under the expanded partnership, Baidu’s high definition map will be integrated into BlackBerry’s QNX Neutrino real-time operating system. The integrated system will be mass produced and will be available on Guangzhou Automobile Group’s next GAC New Energy Aion models, Baidu said in a statement.
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