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Celsius surges after 13% revenue beat

Celsius reported $739 million of revenue for the second quarter, blowing past analysts’ expectations for sales of $652 million — a beat of more than 13%. That figure was up 84% year on year, the bulk of which was driven by the company’s acquisition of the fast-growing Alani Nu brand on April 1, 2025.

However, organic growth in its Celsius brand was solid too, with the company reporting that the brands revenue “grew 9% in the second quarter compared to the same period last year supported by favorable channel mix, increases in total distribution points and velocity gains.”

Adjusted earnings per share came in at $0.47, way ahead of the Bloomberg-compiled consensus estimate of $0.219.

The company said that its market share in the US energy drink category hit 17.3%, up 180 basis points versus a year ago.

The company’s stock was as much as 20% higher in premarket trading.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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