Author: arthursheikin@gmail.com

[ad_1] Citi sees a strong setup for energy drink giant Celsius this year and heading into 2026. Analyst Filippo Falorni initiated coverage of the energy drink maker with a buy rating and target price of $55, which implies the stock could jump 24% from Tuesday’s close. The analyst pushed back against fears that Celsius has little room to run after its roughly 68% rally this year, noting the company’s long-term growth potential justifies its current valuation. In the near term, Falorni expects to see sales growth powered by an overall re-acceleration of the U.S. energy drink category from the recently…

[ad_1] Kohl’s, Krispy Kreme, Rocket Companies, Lockheed Martin, and NIO are catching the interest of investors.This is where they were trading premarket at 7 a.m. ET Wednesday — and what’s driving the moves.1. Kohl’sThe move: The department store giant was down 0.4% to $14.29 after jumping about 38% by the close on Tuesday.Why: The stock surged after chatter on WallStreetBets Reddit thread about Kohl’s stock’s high short interest, which prompted retail investors to pour in.2. Krispy KremeThe move: The doughnut chain soared almost 20% to $4.96 per share, bringing total gains since the beginning of the week to over 50%.Why:…

[ad_1] Bank of America is getting bullish on Amazon ahead of the e-commerce giant’s earnings release, saying the company is getting ready to unlock its full artificial intelligence potential in the back half of the year. Analyst Justin Post reiterated his buy rating on Amazon and lifted his price target by $17 to $265. That suggests shares could gain 16.5% from their previous close. Amazon, which is set to report financial results on July 31, has seen shares rise 3.7% year to date. Post hiked his estimates for strong second-quarter retail data and Anthropic AI growth, and said his estimates…

[ad_1] New York CNN  —  The Trump administration on Wednesday unveiled its AI action plan, a package of initiatives and policy recommendations meant to cement the United States as a global leader in a technology that’s expected to be as influential as the internet itself. The White House largely seeks to achieve that lofty, Silicon Valley-friendly goal through scaling back AI regulation — with a notable, MAGA-friendly exception that will work to eliminate political “bias” in AI. The plan includes three pillars: accelerating innovation, building out AI infrastructure in the United States and making American hardware and software the “standard”…

[ad_1] CNN  —  In comments to the press on Tuesday, President Donald Trump suggested he is considering eliminating capital gains taxes on the sale of homes. “We are thinking about … no tax on capital gains on houses,” Trump said. Soon afterwards, Rep. Marjorie Taylor Greene of Georgia posted her thanks to him on X for what she interpreted to be his support for a bill she introduced this month, calling for the elimination of the capital gains tax when someone sells their primary residence. Will anything come of it? Who knows. Especially since Trump just signed into law a…

[ad_1] This as-told-to essay is based on a transcribed conversation with Marshburn, a 64-year-old former NASA astronaut who is now a VP at Sierra Space. The following has been edited for length and clarity.I’ve spent a total of 337 days in space.During that time, I completed five spacewalks. Stepping out of the hatch, there was just this wide universe ahead of me and Earth 250 miles below.The spacewalks were daunting — some would say terrifying — but I felt privileged to be able to do them. While they were a great experience, I’m more than OK with not doing them…

[ad_1] Forget summer Fridays.The notion of “summer lull” has been gone from Wall Street since the pandemic, said Anu Aiyengar, global head of advisory and M&A at JPMorgan Chase. And it’s never been more true than now: M&A activity has been rebounding even amid fears that Trump’s trade wars could slow the economy.”The last week of May and June and early July have all been pretty active with a good cadence of deal announcements,” Aiyengar told Business Insider. “And more importantly, our pipeline and conversations continue to be active as well.”The bank on Wednesday released a report showing that M&A…

[ad_1] The UK is reportedly considering reviving its “golden visa” plan to attract wealthy foreign investors as it faces the prospect of a record-breaking outflow of millionaires.The proposed investor visa, which Bloomberg reported is under discussion by senior government ministers, would target high-net-worth individuals (HNWI) willing to invest in strategically important sectors such as artificial intelligence, clean energy, and biotech. The UK Home Office declined to comment on any potential plans.The move comes amid growing concerns that the UK’s crackdown on tax perks for the wealthy — including the abolition of the non-dom regime in April — could drive a…

[ad_1] By now, we’ve all seen the Coldplay kiss cam fiasco.What happened in the hours and days afterward is a case study in how fast someone’s 15 seconds of fame (or infamy) can truly ricochet around the world.A tech CEO and his HR head were caught embracing on the jumbotron at Gillette Stadium. They looked horrified and quickly untangled, with the woman turning away and the man dodging the camera. Front man Chris Martin suggested they could be having an affair.The fleeting moment — a fraction of a nightly segment during which Martin addresses various members of the audience —…

[ad_1] An internal spreadsheet obtained by Business Insider shows which websites Surge AI gig workers were told to mine — and which to avoid — while fine-tuning Anthropic’s AI to make it sound more “helpful, honest, and harmless.”The spreadsheet allows sources like Bloomberg, Harvard University, and the New England Journal of Medicine while blacklisting others like The New York Times and Reddit.Anthropic says it wasn’t aware of the spreadsheet and said it was created by a third-party vendor, the data-labeling startup Surge AI, which declined to comment on this point.”This document was created by a third-party vendor without our involvement,”…