Beyond Meat stock surges 1,000% in meme-driven rally

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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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