On Tuesday, Beyond Meat got a rating downgrade from J.P. Morgan analysts. Since their IPO in May 3, shares of the plant-based meat substitutes producer has skyrocketed around +600% – something that J.P. Morgan feels reflects a valuation that could potentially make the company vulnerable to a substantial correction in the event of any hiccup in performance.The investment bank downgraded the stock to “neutral” from “overweight” and maintained its price target of $120. However, J.P. Morgan has also indicated that it is not keen on an “underweight” rating on Beyond Meat at this point, since it is hopeful that the latter’s 2019 fundamentals are likely to surpass the Street expectations.

Digital image publishing company Shutterfly has agreed to get acquired by private equity firm Apollo Global Management. In a deal valuing Shutterfly at $2.7 billion, Apollo will use cash to buy all outstanding shares at $51 per share – which represents a 1.5% premium to Shutterfly’s closing price on Monday. Last month, Shutterfly reported a loss of $2.44 a share on revenue of $324.7 million for the first quarter, thereby surpassing analysts’ expectations.The company predicted that its earnings would range between 61 cents and $1.11 a share for the full year, compared to analysts’ projection of 71 cents a share on revenue of $2.17 billion for year.

Goldman Sachs is warning that a growing consensus that the Federal Reserve will cut rates soon is misguided. Chairman Jerome Powell said last week the Fed will “act as appropriate to sustain the expansion, ” which the market interpreted as a signal of rate cuts on the horizon.

The investment bank also pointed out that a levered balance sheet might be hindering the ability for Molson to make “bold” decisions. Credit Suisse also indicated that Molson Coors shares have fallen 40% since YE 2016 with fundamentals in nearly every region having worsened.The bank does not perceive any clear path toward stabilization for the brewing company. A month ago, Molson Coors reported adjusted earnings of 52 cents per share, lower than analysts’ expectations of  57 cents per share (based on Zacks poll).

Real-estate brokerage company Redfin’s shares climbed more than +6% Monday, following a rating upgrade by Stephens. Stephens analyst John Campbell raised his rating on the stock to overweight from underweight.He also increased his price target to $23 from $18.  Campbell cited Redfin’s market position, strategy, its drive towards e-commerce as factors behind the optimism.

Cloud-based software company Salesforce.com has decided to acquire big data/visualization software firm Tableau Software for around $15.3 billion, as announced on Monday. As part of the all-stock deal, Tableau shareholders would receive 1.103 shares of Salesforce, which represents an offer of around $177.88 per share - a 42% premium on Tableau’s Friday closing price.In 2018, it bought software maker MuleSoft  for $5.9 billion. The news sent Tableau shares soaring more than +30% Monday.

U.S.Treasury Secretary Steven Mnuchin said on Sunday that President Donald Trump might ease U.S. restrictions on Huawei if there was progress in the trade row with China - but absent a deal, Washington would maintain tariffs to cut its deficit.

Gardner Denver Holdings (NYSE: GDI) makes industrial compressors, blowers, pumps, and other aftermarket parts for industrial, energy, and medical companies.That is a gain of 93.7% in less than five months—pretty impressive. If we look at the daily chart we see that a trend line connects the lows from December and April.

It’s becoming a worrying trend that in the U.S., people are borrowing more and paying more each month for their auto loans. Analysts recorded that the average amount borrowed to buy a new vehicle hit an unforeseen $32,187 in the first quarter of 2019, and the average used-vehicle loan also hit a record $20,137.Consequently, the average monthly payment for a new vehicle steadily rose to a new high of $554 and to $391 for used vehicles. However, people with even the best credit scores are opting for used vehicles.

Locker is a successful analytics start-up which had raised more than $280 million, and Google plans to add Locker to Google Cloud. It is envisioned that the new entity will bring together a complete data analytics solution to customers by providing end-to-end analytics platform to connect, collect, analyze and visualize data across Google Cloud, Azure, AWS, on-premises databases and ISV applications. The move comes as Google has been facing some challenges in the cloud infrastructure market, and acquiring Looker, with a current valuation of nearly $2.6 billion, can bring the necessary break the company has been looking for.It envisions forging a new, single piece platform for data where information can be aggregated and made available for business purposes.  If the deal goes through regulatory approval, it is set to close later this year.

Overall, production fell roughly 6.4% in three years and for an oil-producing company, this isn’t a good trend. A closer look shows the issue may not be alarming.Even after a rough 2018 in terms of average annual production, the numbers began to bounce back in the second half of that year with the trend being carried over to the first half of 2019, pushing y-o-y production up by 5%. So, what’s the driver behind this improvement? The answer: Exxon’s efforts in the onshore U.S. market, where the Permian Basin has finally begun to produce strong results.

FedEx (FDX +0.6%) is down sharply from its earlier trading level after CNBC reports that the company has made the "strategic decision" not renew the FedEx Express U.S. domestic contract with Amazon (AMZN +2.5%).

 Walmart is going to begin delivering groceries inside shoppers’ homes.Right to their kitchen refrigerators.

Many mall-based apparel retailers crumbled over the past decade due to shifting fashion trends, the rise of fast-fashion rivals and e-tailers, and sluggish mall traffic.However, one retailer that has weathered the retail apocalypse with style is American Eagle Outfitters (NYSE: AEO), which posted 6% comparable-store sales growth during the first quarter.

Beyond Meat Inc BYND 34.24% shares rocketed higher by another 26 percent on Friday after the company beat expectations with its first public earnings report.Friday’s big gain continues the red-hot start to life on the public market for the the meatless burger maker after it held its high-profile IPO roughly one month ago.

Given Walmart’s massive scale, it’s easier for it to save big money by making little changes that have an impact.

and Mexican officials say they are making progress as they continue to work to stop import tariffs. Vice-President Mike Pence said he was "encouraged" by Mexico's latest proposals, but that tariffs still were set to take effect on Monday. Pence added that it would be "for the president to decide" whether Mexico was doing enough to head off the tariffs.Pence said that negotiators had been discussing a potential agreement to make it difficult for those who enter Mexico from other countries to claim asylum in the U.S. 

mortgage applications moved higher last week, led by a jump in requests for refinancing, as home borrowing costs fell to their lowest levels in nearly 17 months, the Mortgage Bankers Association said on Wednesday. The Association's seasonally adjusted index on loan requests to buy a home and to refinance one rose 1.5% to 417.8 in the week ended May 31.  Interest rates on 30-year fixed-rate “conforming” mortgages or loans whose balances are $484,350 or less decreased to 4.23%, which was the lowest since January 2018.A week ago, they averaged 4.33%.

U.S.job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year.

Economic initiatives undertaken by the Japanese government and aggressive easing policies from the country’s central bank have injected new growth momentum into the economy.According to a senior banking executive, however, that’s come with some negative consequences.