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Celsius Shares Crash As Revenue Misses Estimates
Celsius Shares Crash As Revenue Misses Estimates
Celsius Holdings, the Florida-based beverage company with a portfolio of some of America's top-performing energy drinks, reported weaker-than-expected second-quarter results, as revenue, adjusted earnings, and profitability missed Wall Street estimates.
Second-quarter adjusted earnings fell to 36 cents per share from 47 cents a year earlier, below the 41-cent Bloomberg Consensus estimate. Revenue increased 11% to $817.9 million but missed the $872.6 million estimate, with North American sales of $790.7 million also falling short.
Profitability deteriorated despite sales growth. Gross margin narrowed to 48.1% from...
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Jun 1, 2026 / Tyler Durden
"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May
"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May
With US hard data taking a beating (relative to expectations) last week (red line below), analysts remain hopeful that US Manufacturing will hold up (durable goods orders were solid) with this morning's Manufacturing PMIs set to signal stability.
The final May S&P Global US Manufacturing rose to 55.1 (down from the 55.3 flash print) but the strongest since April 2022
ISM's Manufacturing PMI survey also signaled improvement, up from 52.7 to 54.0 (better than 53.0 expected).
"At first glance, the...
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Apr 29, 2026 / Tyler Durden
Iran Announces Fuel Rationing As Brent Tops War Highs, After Trump Rejects Tehran's Latest Offer
Iran Announces Fuel Rationing As Brent Tops War Highs, After Trump Rejects Tehran's Latest Offer
Summary
Brent crude briefly reaches $119/barrel - Iran war high.
CENTCOM reportedly preparing for "short wave of strikes" on Iran in order to potentially break the Hormuz impasse & force Tehran back to the negotiating table. Trump rejects Iran proposal as it won't give up nuclear program.
Trump recently met this week with oil and gas executives at the White House to address energy fallout, and as oil pushes higher: Axios.
Trump warns Iran to "get their act together" and to...
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Jun 1, 2026 / Tyler Durden
Aww... Look At The Cute Dancing-Robot Police-State Surveillance-Dog...
Aww... Look At The Cute Dancing-Robot Police-State Surveillance-Dog...
Authored by Steve Watson via Modernity.news,
Boston Dynamics’ Spot robot dogs are being deployed at designated World Cup venues in the US to perform perimeter security inspections, prompting concerns over the advance of surveillance tech.
The company has stated that the machines “will be used to assist security personnel with investigating things like suspicious packages or other potentially hazardous materials.”
These four-legged fiends are set to roam, and even dance (oh how cute) around AT&T Stadium in Dallas and other FIFA sites ahead of the 2026 tournament,...
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