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Mixed Performance in U.S. Markets, Beyond Meat Soars 146.26%, Alphabet Drops 2.21%

Market Watcher10-22

On October 21, 2025, the U.S. stock market closed with mixed results. The Dow Jones Industrial Average rose by 0.15%, the S&P 500 increased by 0.10%, while the Nasdaq Composite fell by 0.20%.

In the sector performance, Chinese education stocks saw significant gains, with TAL Education Group up 6.09% and New Oriental Education & Technology rising 4.67%. Cruise line stocks also performed well, with Royal Caribbean Cruises gaining 4.60% and Carnival up 3.85%. On the other hand, e-commerce stocks experienced declines, with Alibaba down 2.00% and JD.com falling 1.50%. The renewable energy sector also saw a downturn, with Enphase Energy dropping 1.30% and SolarEdge Technologies down 3.07%.

Beyond Meat, Inc. saw a remarkable surge of 146.26% following the announcement of its expanded distribution at Walmart. The company plans to increase the availability of select products at over 2,000 Walmart stores nationwide, including the new Beyond Burger 6-Pack, Beyond Chicken Pieces, and Beyond Steak Korean BBQ-Style. This strategic partnership with Walmart is seen as a significant step in making plant-based options more accessible to a wider audience.

Alphabet dropped by 2.21% after the announcement by Open AI about an upcoming browser launch event. The event, scheduled to take place at 10:00 AM Pacific Time, led to a sharp decline in Google's stock price.

Apple saw a slight increase of 0.20% after Wells Fargo upgraded its stock rating to 'Overweight' and raised the price target from $245.00 to $290.00 per share, indicating confidence in Apple's future performance.

Netflix experienced a modest gain of 0.23% following the announcement of its partnership with Mattel and Hasbro to create a toy line based on the animated film 'Kpop Demon Hunters'. This collaboration aims to expand Netflix's consumer products business and diversify its revenue streams.

Coca-Cola rose by 4.06% after reporting better-than-expected third-quarter earnings. The company’s revenue grew by 5% year-over-year, and it reaffirmed its 2025 guidance, driven by product innovation and pricing strategies.

Bank of America fell by 1.00% after announcing the appointment of Maria Serravalle as the Community Relations Manager for the Detroit market, succeeding Dwanette Williams.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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