The outlook is bright for Celsius , according to Goldman Sachs. The bank initiated shares of the energy drink producer at a buy rating. Analyst Bonnie Herzog also set a 12-month price target of $72 per share, implying upside of 28%. Herzog singled out Celsius as “one of the best growth stories in broader CPG”…
European stock exchanges are weighing up the feasibility and demand for 24-hour or out-of-hours trading as retail activity continues to significantly lag that in the U.S. Alex Dalley, head of European cash equities at Cboe Europe — the largest European stock exchange operator — told CNBC they were “closely monitoring” the growing appetite stateside for…
Kirk Tanner, then chief executive officer of North America beverages for PepsiCo Inc., speaks during the Bloomberg Power Players Summit in Miami, Florida, U.S., on Friday, Jan. 31, 2020. Marco Bello | Bloomberg | Getty Images Wendy’s CEO Kirk Tanner has been named the new chief executive of The Hershey Company, effective August 18. Tanner…
SWANSEA, Wales — Snoop Dogg has become a “co-owner and investor” of Welsh soccer club Swansea. The former Premier League club, which plays in the English second division, didn’t disclose financial details in Thursday’s announcement, which shines a spotlight on yet another unheralded team from Wales after Wrexham’s well-documented journey. “My love of football is…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, BlackRock-linked Securitize, a “real world assets” platform, is going public through a merger with a special purpose acquisition company. Plus, Circle CEO Jeremy Allaire discusses the launch of a new blockchain network called Arc. And,…
Michael Porter Jr. #17 of the Brooklyn Nets shoots the ball during practice and media availability as part of 2025 NBA Global Games China at Venetian Arena on October 9, 2025 in Macao, China. Ryan Stetz | National Basketball Association | Getty Images MACAO — The National Basketball Association returns to China for the first…
Hello, this is Amala Balakrishner, writing from Singapore. This week, I examine the outlook for Indian equities for the second half of the year and how it compares to its other Asian market peers. Daily activity in Old Delhi shows congestion, overpopulation and lifestyle Danny Lehman | The Image Bank | Getty Images This report is from…
The stock market broke records during the holiday-shortened trading week. The S & P 500 hit an all-time intraday high Friday but closed slightly lower. Nevertheless, the index rose 1.4% last week, padding an almost 18% year to date advance. Economic data last week lifted investor spirits, with weekly jobless claims, as well as third-quarter…
General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The…
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