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Luke Kawa

Herbalife rallies after Cristiano Ronaldo invests $7.5 million in its personal health and wellness software subsidiary

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Herbalife is soaring in premarket trading after announcing that longtime partner Cristiano Ronaldo has invested $7.5 million into one of its subsidiaries.

The football/soccer legend acquired a 10% equity interest in Herbalife’s HBL Pro2col in a deal that also sees him commit to providing services and sponsorship rights to this entity.

Pro2col offers individualized health and wellness tips based on user-input information, data from wearable tech, DNA analysis, and more.

Herbalife reached a deal to acquire these assets in March 2025. At that time, Ronaldo was tapped as an adviser who would be supporting the development and deployment of this technology. He’s endorsed Herbalife products since 2013.

The company made this announcement along with the release of Q4 earnings, which were mixed to roughly in line with estimates.

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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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