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- Beyond Meat stock surges 1,000% in meme-driven rally
Beyond Meat stock surges 1,000% in meme-driven rally
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Beyond Meat stock surges 1,000% in meme-driven rally
Beyond Meat shares jumped over 1,000% in four days amid Reddit-fueled momentum and a short squeeze. Inclusion in Roundhill’s meme ETF and a Walmart deal boosted gains, despite ongoing financial struggles and broader market bubble concerns.
Netflix drops 10% after Q3 earnings miss, margin hit from Brazil tax
Netflix stock fell 10% after missing Q3 revenue and EPS estimates. Operating margin dropped to 28% vs 31.5% forecast, citing a Brazil tax charge. Despite ad revenue growth and Q4 guidance above estimates, valuation concerns and strategic questions pressured shares.
Palantir stock up 133% YTD but valuation, selloffs raise concerns
Palantir shares are up 133% YTD on major defense contracts and strong Q2 results, yet institutional selling and a 579 P/E ratio raise red flags. Despite bullish revenue forecasts, analysts remain cautious, with targets ranging from $45 to $215 and a consensus "Hold" rating.
🪙 Crypto
JPMorgan: Stablecoins may fuel $1.4T in new dollar demand
JPMorgan projects the stablecoin market could reach $2T by 2027, boosting global demand for USD by up to $1.4T. With 99% of stablecoins dollar-pegged, rising adoption may reinforce dollar dominance, countering de-dollarization concerns.
🌎 Global Economy
UN warns of breakdown in global trade amid soaring debt
UN chief António Guterres warned the global trade system risks collapse as rising protectionism, record $102T in debt, and 40% tariffs on least-developed countries destabilize emerging economies. 3.4B people now live in countries spending more on debt than health or education.
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