Beyond Meat COO Doug Ramsey arrested for allegedly biting man’s nose

Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey was arrested this weekend after allegedly biting a man’s nose in an Arkansas parking garage following a college football game. Ramsey, 53, was charged with terroristic threatening and third-degree battery and booked in the Washington County jail on Saturday evening. He was … Read more

Amazon, Apple, Dow, Chipotle, Tyson

Here are Tuesday’s biggest calls on Wall Street: BMO downgrades Adobe to market perform from outperform BMO said it has structural concerns around the durability of the company’s Creative Cloud product. “We are moving to the sidelines on Adobe, and our timing is driven by receiving the second set of survey data focused on Adobe’s … Read more

Bed Bath & Beyond, Nvidia, Target, Netflix

Here are the biggest calls on Wall Street on Tuesday: UBS reiterates Target as buy UBS said in its bullish on the big box retailer heading into earnings next week. “There are several investment debates on TGT heading into its upcoming results. Is its guidance for 2H’22 too high? What about ’23? Are comps slowing? … Read more

Bed Bath & Beyond, AMC and more

An AMC theater is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, US, January 27, 2021. Carlo Allegri | Reuters Check out the companies making headlines in midday trading. Bed Bath & Beyond, AMC — Shares surged 39.8% and 8% respectively as social media traders appeared … Read more

Palantir, Signify Health, Global Blood Therapeutics and more

Take a look at some of the biggest movers in the premarket: Palantir (PLTR) – The data analytics company’s stock plunged 15.6% in premarket trading after it reported an unexpected quarterly loss, and lowered its full-year forecast due to the uncertain timing of some government contracts. Signify Health (SGFY) – CVS Health (CVS) is planning … Read more

Inflation takes over as the next big focus for markets after July’s monster jobs report

Investors switch their focus to inflation in the week ahead, after July’s strong jobs report signaled the Federal Reserve may need to take an even tougher stance with interest rate hikes. It could also be a week in which investors watch to see if rising Treasury yields start to slow the technology sector’s summer rally. … Read more

Investors bet on meat grown in a lab as interest in plant-based foods cools

Investors want meat production to look more like the pharmaceutical industry than agriculture. Cultured meat, also known as cultivated, cell-based or lab-grown protein, is made by putting stem cells from the fat or muscle of an animal into a culture medium that feeds the cells, allowing them to grow. The medium is then put into … Read more

Plant-based food stocks Beyond Meat, Oatly face a reset

In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile and relative recent entrants to … Read more

Palantir, Rivian, Uber and more

Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Check out the companies making headlines in midday trading Monday. Palantir – Shares of the software company dropped more than 18% after Palantir’s first-quarter earnings came … Read more

Palantir, Rivian, Uber and more

Take a look at some of the biggest movers in the premarket: Palantir Technologies (PLTR) – The company’s data analytics software shares plunged 15.1% in premarket trading after posting a mixed quarter. Palantir reported profit of 2 cents per share, compared to a 4 cents a share consensus estimate. Revenue was higher than expected, however, … Read more