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It is a windfall of income.
And, of course, we’re still eyeing GameStop (GME) – Get the reportand Blackberry (BB) – Get the report. You know what? Let’s add another millennial old favorite – Beyond Meat (BYND) – Get the report.
There’s a real press release, and not just a Reddit push, as to why Beyond Meat took off early in the morning on Tuesday (don’t worry Reddit, I’m going to save the rockets for GameStop, BlackBerry and Bed Bath & Beyond. (BBBY) – Get the report.
Live at 10:30 am ET Jim Cramer & Katherine Ross on Leon Black, Beyond Meat, Blackberry, Johnson & Johnson (JNJ) – Get the report, GE (GIVE) – Get the report and more:
So, let’s dive into the news.
Pepsi (DYNAMISM) – Get the report and Beyond Meat established the PLANeT partnership, which is a joint venture between the two companies to introduce new herbal offerings.
“Plant-based 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 expanded portfolio of more nutritious products ”. said Ram Krishnan, PepsiCo’s global sales director. “Beyond Meat is a leading innovator in this rapidly growing category, and we look forward to combining their unparalleled expertise with our world-class branding, consumer insight and distribution capabilities to deliver new exciting options. ”
And there was news around BlackBerry this morning as well, with the company announcing an expanded partnership with Baidu.
The streets Martin Baccardax wrote, as part of the expanded partnership, Baidu’s high-definition card will be integrated into 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 Automotive Group, Baidu said in a statement.
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You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @parKatherineRoss. Learn more about Katherine Ross here.
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