Beyond Meat and Other News :
1. Software Export Curbs Loom Over China Trade
The Trump administration is weighing restrictions on exports to China made with U.S. software. This could hit laptops, jet engines, medical devices, basically anything manufactured using American software. Treasury Secretary Bessent confirmed it Wednesday. It's a negotiating chip before Trump potentially meets Xi Jinping, and it's creating uncertainty.
2. Earnings Painted a Mixed Picture
Netflix $NFLX ( ▼ 9.99% ) missed hard, reporting $5.87 per share versus the $6.97 estimate. A Brazilian tax dispute is the culprit. Revenue hit $11.51 billion but shares tanked anyway. Texas Instruments $TXN disappointed with weak Q4 guidance, dragging the semiconductor sector down with it. Intuitive Surgical $ISRG crushed it on demand for its da Vinci surgical robots.
3. Meme Stock Mania Returns With Beyond Meat
Beyond Meat $BYND ( ▼ 2.76% ) is having a wild week that has nothing to do with its business. The stock swung hard Wednesday, spiking before giving it all back. Still up over 300 for the week after landing in a Meme Stock ETF and announcing a Walmart deal. Over 1.6 billion shares traded—second highest in the market. Pure speculation.
Modify on 2025-10-25 10:59
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