Beyond Meat (NASDAQ: BYND) stock enjoyed a month of roaring gains in April's trading , with the company's share price gaining 40.3% across the period. The stock's incredible rally was at least partially facilitated by strong bullish momentum for the broader market, with the S&P 500 rising 10.4% in the month and the Nasdaq Composite rising 15.3%. The broader market saw an exceptionally strong run l...
Beyond Meat (NASDAQ: BYND) stock enjoyed a month of roaring gains in April's trading , with the company's share price gaining 40.3% across the period. The stock's incredible rally was at least partially facilitated by strong bullish momentum for the broader market, with the S&P 500 rising 10.4% in the month and the Nasdaq Composite rising 15.3%. The broader market saw an exceptionally strong run last month, with investors buying back into stocks after sell-offs in February and March in response to some better-than-expected macroeconomic data and de-escalation in the U.S. and Israel's war with Iran. In addition to the positive market backdrop, Beyond Meat saw big valuation gains in response to new product announcements, a distribution partnership, and meme-stock momentum. Image source: Getty Images. Continue reading
Head coach Álvaro Arbeloa is facing the bitterest of ends as faint hopes are set to be extinguished by fiercest rivals The vice-captain was taken to hospital for stitches having been laid out by his midfield partner. Another midfielder said he wouldn’t play any more; as if he was going to play anyway. The manager wasn’t asking for much, just that they didn’t swan out there as if wearing tuxedos, a...
Head coach Álvaro Arbeloa is facing the bitterest of ends as faint hopes are set to be extinguished by fiercest rivals The vice-captain was taken to hospital for stitches having been laid out by his midfield partner. Another midfielder said he wouldn’t play any more; as if he was going to play anyway. The manager wasn’t asking for much, just that they didn’t swan out there as if wearing tuxedos, and that’s still asking too much. The centre-back hit the left-back. The winger fell out with the last coach. The captain fell out with this coach. And the superstar, already accused of not caring, swanning off to Sardinia, drives out of the training ground, past the cameras and away from the whole sorry mess, laughing his head off . Now here’s Barcelona. You think things can’t get any worse but things can always get worse. The most painful week anyone could remember, maybe the biggest, most public crisis they have ever had, concludes with Real Madrid travelling to the Camp Nou on Sunday for the clásico . If they don’t win, and few believe they can given the football they play and the faultlines that run through their dressing room, they will watch Barcelona become champions with three games left, going down as the flames go higher and history is made. It would be the first time in 94 years a meeting of sport’s great rivals decides the title – only this title has long been decided, both cause and consequence of the turmoil Madrid are in. Continue reading...
Applied Aerospace & Defense Inc. filed for a US initial public offering, joining a recent rush of space and defense firms to public markets ahead of the potential listing of SpaceX later this year. The Huntsville, Alabama-based space and defense engineering firm made a net loss of $15.1 million on revenue of $134.4 million for the first three months of this year, compared with a net loss of $7.3 m...
Applied Aerospace & Defense Inc. filed for a US initial public offering, joining a recent rush of space and defense firms to public markets ahead of the potential listing of SpaceX later this year. The Huntsville, Alabama-based space and defense engineering firm made a net loss of $15.1 million on revenue of $134.4 million for the first three months of this year, compared with a net loss of $7.3 million on revenue of $111 million in the same period a year earlier, according to a filing Friday with the US Securities and Exchange Commission. The company carries a backlog of nearly $1.1 billion of contracts, including directly and indirectly with the US government and its agencies, according to the filing. The filing follows a spate of listings in the space and defense sector in recent months, including this week’s $416 million IPO of signals intelligence firm Hawkeye 360 Inc. and last month’s debut of drone maker Aevex Corp. Private equity firm Greenbriar Equity Group LP bought Applied Aerospace in late 2022 before combining it with PCX Aerosystems, another Greenbriar portfolio company and an established supplier of systems and hardware to the space, aerospace and defense industries. Applied Aerospace has made a string of acquisitions since then and plans in part to grow through further deals. The offering is being led by Morgan Stanley, Jefferies Financial Group Inc., Bank of America Corp., Royal Bank of Canada and Guggenheim Securities. The company expects its shares to trade on the New York Stock Exchange under the symbol AADX.
Key PointsElon Musk's SpaceX is gearing up for its initial public offering (IPO), which could value the space exploration company at as much as $2 trillion.
Key PointsElon Musk's SpaceX is gearing up for its initial public offering (IPO), which could value the space exploration company at as much as $2 trillion.
Analysts at William Blair estimate the total addressable market of the agentic AI industry at about $4 trillion. What exactly is agentic AI, and how is it creating such massive expectations? Agentic artificial intelligence is the next stage in AI, a step above the commonly used chatbots that answer questions and try to solve problems.
Analysts at William Blair estimate the total addressable market of the agentic AI industry at about $4 trillion. What exactly is agentic AI, and how is it creating such massive expectations? Agentic artificial intelligence is the next stage in AI, a step above the commonly used chatbots that answer questions and try to solve problems.
A cup of coffee and strawberry frosted donut with sprinkles are arranged for a photograph at a Dunkin' Donuts Inc. location in Los Angeles, California, U.S. Patrick T. Fallon | Bloomberg | Getty Images Dunkin' and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it will be one of the biggest-ev...
A cup of coffee and strawberry frosted donut with sprinkles are arranged for a photograph at a Dunkin' Donuts Inc. location in Los Angeles, California, U.S. Patrick T. Fallon | Bloomberg | Getty Images Dunkin' and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it will be one of the biggest-ever restaurant offerings. Roark is reportedly seeking a valuation of roughly $20 billion. Inspire was founded in 2018 through a merger between Arby's and Buffalo Wild Wings , backed by private equity firm Roark Capital. Then came more acquisitions: Sonic Drive-In and Jimmy John's. And in 2020, Inspire took Dunkin' and its sister chain Baskin Robbins private in an $11 billion deal. Across those six chains, Inspire has more than 33,300 restaurants worldwide and $33.4 billion in annual system-wide sales, according to the company's website. Inspire isn't the only restaurant company pursuing an IPO. Last month, Jersey Mike's also announced that it confidentially filed with the Securities and Exchange Commission. The market for initial public offerings has been tepid, although that could change later this year. Market volatility, economic uncertainty and recent poor performance among IPO stocks has led to a backlog of listings. However, several blockbuster IPOs, such as the SpaceX offering that could value the company at more than $1 trillion, are anticipated in the coming months. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.