Wall Street Breakfast Celsius surges on Alani Nu deal
Feb 21, 2025
Celsius Holdings skyrockets after acquiring Alani Nutrition for $1.8 billion, shaking up the beverage industry. Meanwhile, Nissan seeks investment from Tesla after a fallout with Honda, reflecting turbulent auto market dynamics. YouTube is set to launch 'premium lite' in major markets, offering new features to users. Additionally, Amazon surpasses Walmart in quarterly revenue, marking a significant shift in the retail landscape. Not to be missed, Walgreens Boots faces challenges amid talks of Sycamore's bid for Family Dollar.
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Celsius Acquires Alani Nu
- Celsius Holdings acquired Alani Nu for $1.8 billion, aiming to expand its reach within the Gen Z and millennial markets.
- The acquisition is projected to boost Celsius' revenue and be immediately profitable.
Nissan Seeks Tesla Investment
- Following failed merger talks with Honda, Nissan may seek investment from Tesla.
- A Japanese group proposed the deal, focusing on Nissan's US manufacturing plants, while Moody's downgraded Nissan's rating to junk.
YouTube Premium Lite
- YouTube plans a cheaper "premium lite" subscription, excluding music videos.
- The service will launch in the US, Australia, Germany, and Thailand.