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Golden State Warriors become first professional sports team to launch NFT collection

BP bounces back, HSBC profits and summer holidays abroad

Ian King speaks to BP’s chief executive Bernard Looney about bouncing back from the COVID-19 pandemic.

Plus hear from chair of Hays Travel, Dame Irene Hays, about going abroad this summer, and Energy Transitions Commission chair Lord Turner’s discussing decarbonising the economy.

2021 NFL draft CB rankings: Patrick Surtain II, Caleb Farley among top cornerback prospects

The 2021 NFL draft will occur across downtown Cleveland locations that include FirstEnergy Stadium (home of the Browns), the Great Lakes Science Center and the Rock & Roll Hall of Fame. NFL Commissioner Roger Goodell and a select number of prospects will take the stage.

The first round will be held on Thursday, April 29. Rounds 2-3 will take place on Friday, April 30. Rounds 4-7 will be held Saturday, May 1. The draft will be broadcast on ABC, ESPN and NFL Network.

USA Today Network NFL reporters break down the draft position-by-position. Here are the top cornerback prospects:

1. Patrick Surtain II, Alabama 

Pros: Will overpower receivers in contested situations. Trusts his footwork. Attacks the ball in the air and can really get up after it. Physical and aggressive against the run.

Cons: Will occasionally give up leverage to a physical receiver. Has some trouble locating the ball when in chase on deep vertical route. There have been times he has perfect position but he still gives up a catch.

Good Luck Getting Tucker Carlson’s Maniacal Laugh Out Of Your Head Now

Fox News host Tucker Carlson has an unnerving tendency to punctuate his segments with a high-pitched cackle, especially when he doesn’t like what a guest has been saying. 

Now, some brave souls at “The Daily Show” have combined Carlson’s cackle clips into a supercut mixed in with similar laughs from famous films.  

“When the script says (obnoxious laughter),” the YouTube description notes:

Carlson has come under fire for repeatedly using white supremacist talking points on the air, with the Anti-Defamation League this month calling on Fox News to ditch the host. 

The network said it is sticking by Carlson. 

Beyond Meat Launches New Meat-free Burgers

Beyond Meat Inc. (BYND), a producer of plant-based meat substitutes, said on Tuesday that its latest version of meat-free burger patties will be made available in grocery stores from next week.

The company plans to sell the new version of the burger patties in its first value four-pack, priced at $9.99. Customers can buy the Beyond Burger 3.0 in grocery stores from May 3. The burger patties will be available in restaurants from June onwards.

Beyond Meat said that the new Beyond Burger has 35 percent less total fat than 80/20 ground beef and 35 percent less saturated fat then 80/20 ground beef. It consists of fewer calories and no cholesterol compared to 80/20 ground beef, the company added.

The company’s long-term plans are to inspire meat-loving people to try out their products and this includes reaching price parity with traditional beef by the year 2024.

Beyond’s strategy to encourage meat-lovers to switch to its products includes achieving price parity with beef by 2024.

The four-piece pack has been priced at $9.99 with the average advertised price for a pound of beef patties, or four burgers, was $2.93 in the week, as per U.S. Department of Agriculture data.

The new version burgers will be available in a two-pack and a 1-pound Beyond Beef pack as well.

Commenting on the new product, Chuck Muth, Chief Growth Officer, said, “Improving its meat alternatives helps the company hold onto its market share, even as more competitors offer meatless burgers.”

Stock split rumor sends bullish options traders storming into Amazon

An Amazon stock split rumor sent options traders into a frenzy.

The tech giant caught an initial bump higher in Monday's session worth about $32 billion in market cap, which is larger than nearly half of the companies in the S&P 500.

Traders spent the rest of the session betting, by and large, that the initial bump was signaling more gains ahead.

"Amazon did trade above average call volume [on Monday], with calls outpacing puts by [a ratio of] about 3 to 1, and the most active options were the weekly 3,500-strike calls. Almost 16,000 of those were trading for nearly $40 a contract," Michael Khouw, chief investment officer at Optimize Advisors, said Monday on CNBC's "Fast Money."

Those contracts expire this Friday at a break-even stock price of $3,540, or just about 4% higher than where Amazon closed Monday's session. If the company's stock were to split before Friday's expiration, those contracts would be converted based on the details of the split.

For example, if the stock were to split five ways, one 3,500-strike call would become five 700-strike calls, each breaking even at $708.

Amazon was trading slightly higher in Tuesday's session. The company has not commented on the rumor.

Disclaimer

Golden State Warriors become first professional sports team to launch NFT collection

The Golden State Warriors became the first professional sports team to invest in a nonfungible token (NFT) collection Tuesday morning.  

Warriors president Brandon Schneider said the franchise has been studying the rise in value of NFTs over the past several months to discover ways to create an engaging collection catered for fans.

"This is the wave of the future," Schneider told ESPN. "So we've been studying what the best way for us to get involved and create something for our fans is. NFTs have been around for years, but they've really become more mainstream and popular this year."

Golden State will create digital championship rings to commemorate its franchise NBA title squads and also create digital ticket stubs for iconic games like the April 13, 2016 win over the Memphis Grizzlies — the night the franchise broke the NBA single-season record with 73 wins.