Beyond Meat short sellers still lining up to bet against the stock despite massive losses

The appetite of short sellers, who are betting against vegan meat company Beyond Meat (BYND), is insatiable. Despite Beyond Meat shares carrying insanely high borrowing costs relative to other packaged foods and meat stocks, short sellers continue to line up to bet against the El Segundo, California-based company that has rallied more than 600% since its May initial public offering. As of Tuesday's open, that incredible rally meant short sellers had racked up $739 million in total mark-to-market losses since Beyond's IPO, according to S3 Analytics.

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  Why Beyond Meat Stock Popped 10%

  Motley Fool
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  New 'Ground Beef' Product Boosts Beyond Meat Shares

  Investor's Business Daily Video

Fed delivers interest rate decision: Morning Brief

After the committee's announcement, Federal Reserve Chairman Jerome Powell will hold a press conference. Given the recent escalation of the U.S.-China trade war and slew of worrisome economic data, this month's FOMC meeting will be even more closely watched than usual. While consensus among economists is that there will be no rate cut following this month's meeting, how Federal Reserve Chairman Jerome Powell illustrates the Fed's views on the state of the economy and outlines the Fed's future monetary path will be focal points among market watchers.

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  Wall Street Waiting for Fed's Decision

  Zacks
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  Global stocks lifted by hopes for monetary policy, U.S.-China trade

  Reuters

Is AMD Stock A Buy Right Now? Here's What Its Stock Chart, Earnings Show

Chipmaker Advanced Micro Devices has staged an amazing turnaround over the past several years, fueled by new products and improved profitability. AMD stock has surged as a result. But is AMD a buy right now? AMD competes with Intel in making central processing units, or CPUs, for personal computers and servers.

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  Can Trump and Powell Deliver on Expectations?

  Market Realist
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  Why AMD's Latest Win Over NVIDIA Should Power Its Stock Higher

  Motley Fool

A court has revealed the sorry state of a Chinese bike-sharing startup once worth $2 billion

A Chinese court has ruled that bike-sharing startup Ofo, once valued at upwards of $2 billion, has no ability to pay its massive debts to either suppliers and users, adding another chapter to a cautionary tale for investors in China's frothy startup sector. Ofo “has basically no assets” (link in Chinese) and therefore cannot repay Tianjin Fuji-Ta Bicycle, a supplier that sued the operator of the bike-share company this year to recover the roughly $36 million it was owed, a court in the city of Tianjin ruled on Monday (June 17). It noted that the company's bank accounts either have a zero balance or are frozen, and that it had no property, cars, or investment assets either, in a verdict first reported by China Securities Journal, part of the state-run Xinhua news group.

Sen. Tillis Says Fed Made Mistake in December, Defers to Trump on Powell Demotion

Sen. Thom Tillis, a North Carolina Republican, comments on the outlook for Federal Reserve monetary policy during an interview with Bloomberg's David Westin on "Balance of Power."

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  Fed likely to leave rates steady, despite market outlook and Trump demands

  Reuters
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  Could Trump Try to Demote Powell if Fed Doesn’t Cut Rates Today?

  Market Realist

Boeing Stuns Paris Air Show With Huge 737 Max Order; Even Ethiopian Air Warms Up

Boeing received a letter of intent for 200 737 Max jets at the Paris Air Show, despite the continued worldwide grounding, while Airbus announced more orders for its new A321XLR jet. Boeing, Airbus Orders The 200-plane letter of intent from the International Airlines Group, which is the parent of Aer Lingus, British Airways, Iberia, Vueling and LEVEL, is worth $24 billion at list prices. "We have every confidence in Boeing and expect that the aircraft will make a successful return to service in the coming months having received approval from the regulators," IAG CEO Willie Walsh said.

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  British Airways' parent company signals intent to buy 200 Boeing 737 Max

  The Independent
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  Boeing's troubled 737 MAX gets huge vote of confidence from IAG

  AFP

7 Value Stocks to Buy for the Second Half

Value stocks are so out of fashion at the moment that despite being cheaper than they've been in the past 30 years, some experts suggest they're still not the stocks to buy. “We could've had this story 10 years ago and talked about the 20-year anniversary of it being a bad market for value,” Dave Nadig, managing director of ETF.com, said recently on CNBC. Another expert who appeared on the same CNBC show as Nadig suggested that you should only buy value stocks heading into a recession or in the first year coming out of one.

$12 trillion of negative-yielding bonds are sending a clear message of distress

If reading financial markets is usually as inscrutable as reading tea leaves, bond investors have decided now is the time to send a message in big, bold letters. Investors are rushing to get their hands on the safest assets available, such as government bonds. Investors are anticipating a global shift in monetary policy towards lower interest rates, and loosening of financial conditions.

New 'Ground Beef' Product Boosts Beyond Meat Shares

With the advent of its new "ground beef" product, Beyond Meat's shares are up across the board. A 10% spike in share values is being credited to the company's recent announcement of the product. The rise in shares is also being credited to Beyond Meat's partnership with companies such as Tim Hortons and Carl's Jr. The plant-based meat alternative market is estimated to be worth $140 billion in the next decade.

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  Why Beyond Meat Stock Popped 10%

  Motley Fool
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  Beyond Meat short sellers still lining up to bet against the stock despite massive losses

  Yahoo Finance

Huawei Sanctions Evidence Deemed Too Risky for China to See

Some evidence used to charge Huawei Technologies Co. with bank fraud and violating U.S. sanctions on Iran was deemed so sensitive that the Chinese telecom giant's lawyers must now take unusual steps to review the information -- and even then, the company may never see it. While specific evidence wasn't disclosed, prosecutors convinced a federal judge that releasing too much would pose a risk to national security and other governmental concerns. The U.S. already had banned the company's technology and accused Huawei of aiding Beijing in espionage.

Two companies petitioned for Trump’s solar tariffs—now they’re both out of business

Two companies begged the US government to raise tariffs on imported solar panels in 2017. “Stop the bleeding,” implored panel maker Suniva in its petition (pdf) to the US International Trade Commission (ITC), joined by a second manufacturer, SolarWorld. Domestic solar panel manufacturers, they argued, needed import taxes to “grow and thrive.” These tariffs, Suniva insisted, would generate at least 114,800 new jobs in the US.

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  Bah humbug! Trump's plan for more China tariffs to hit festive shoppers

  Reuters
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  Factbox: U.S. companies warn on Trump's tariffs

  Reuters

Why the Dow Jones Industrial Average 30,000 may come very soon

President Donald Trump continues to trash Federal Reserve Chair Jerome Powell seemingly daily on Twitter. There is at least a 25% probability of Dow 30,000 occurring by the first quarter of 2020, Skybridge Co-Chief Investment Officer Troy Gayeski said on Yahoo Finance's The First Trade. Investors certainly have the cash to pile into stocks. Fund managers' are now aggressively overweight cash, according to a new survey from Bank of America Merrill Lynch.

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  E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – June 19, 2019 Forecast

  FX Empire
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  Futures Up As Fed Meeting Starts, Utilities Lead In The EU, Asian Markets Remain Mixed

  FX Empire

The World Now Has Three People Worth More Than $100 Billion Each

Bernard Arnault, Europe's richest person, just joined Jeff Bezos and Bill Gates in the world's most exclusive wealth club with a fortune of at least $100 billion. Arnault, chairman of LVMH, entered the ranks of centibillionaires Tuesday as the luxury-goods maker climbed 2.9% to a record 368.80 euros a share. His net worth has increased almost $32 billion this year, the most on the 500-member Bloomberg Billionaires Index.

10 Monster Growth Stocks to Buy for 2019 and Beyond

By using TipRanks market data, you can see both  analysts' consensus estimates and the upside potential from the current share price to the average analyst price target. Oil and gas giant Concho Resources (NYSE:CXO) deserves a hefty dose of support. Concho's operations are centered on the Permian Basin — one of the most prolific oil and gas regions in the U.S. Its core operating areas include the Delaware Basin and the Midland Basin and span nearly one million gross acres.

Nio Stock Is Basically a Lottery Ticket at This Point

Following Friday's close of $2.42, one share of Nio stock barely costs more than a single Powerball ticket and there is plenty of debate regarding which might be the better investment. There could be more pain ahead for Nio stock because, although Nio stock price has been plummeting, sell-side analysts have been slow to trim their price targets on the stock. The average analyst price target on Nio stock is $7.64, or about triple where the shares trade now.

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  Catalent (CTLT) Upgraded to Buy: What Does It Mean for the Stock?

  Zacks
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  Broadridge Financial (BR) Upgraded to Buy: What Does It Mean for the Stock?

  Zacks

U.S. Steel, Darling of Trump's Tariffs, Plans to Idle Plants

Starting in 2018, U.S. President Donald Trump has been touting the restorative value of the tariffs his administration imposed on imports that March. The decision comes amid falling steel prices in the U.S. due to worries of a glut from new capacity planned for the coming years. Major U.S. producers that had announced expansions or restarts include Nucor Corp., Steel Dynamics Inc., Commercial Metals Co., as well as U.S. Steel.

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  Senator Chuck Grassley says prospects of new tariffs on China are 'pretty slim'

  Yahoo Finance Video
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  Sen. Grassley: 'We're getting very close' on bill to curb tariff authority

  Yahoo Finance Video

Alibaba Stock Split: What BABA Investors Should Know About the 1-for-8 Proposal

Here's what investors in Alibaba (NYSE:BABA) need to know about the stock split proposal. The Alibaba stock split would have the company dividing one share into eight shares. The company says that it will be holding a vote on the Alibaba stock split proposal during its annual shareholders meeting.

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  3 Leading Tech Stocks I’d Buy On A Dip

  InvestorPlace
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  Alibaba puts CFO in charge of investment in major management reshuffle

  Reuters

4 Big Reasons to Buy AT&T Stock for 2019 and 2020

Thus, contrarians have four tailwinds to deliver upside in 2019 and 2020, which are as follows: Wireless Competition Headwind Is Moderation A ruthless pricing war in the wireless-coverage industry imposed a critical headwind on AT&T stock over the past several years. Top-Rated Biotech Stocks to Invest In Today Specifically, as wireless coverage has become largely commoditized, multiple wireless-coverage players offered similar plans as the major players; thus, price became the differentiating quality in this space. This has driven wireless prices across the industry lower, naturally weighing on AT&T's margins.