Shivani Kumaresan

Wellness stocks are thriving as Gen Z and millennials prioritize fitness and recovery. Bank of America card data shows fitness spending at record highs, with pickleball participation up 46% year-over-year.

Hut 8 Corp. has launched American Bitcoin Corp., a new subsidiary focused on industrial-scale Bitcoin mining and reserve accumulation. The venture follows Hut 8's transfer of its ASIC miners for a majority stake in a project backed by Eric Trump and Donald Trump Jr. The newly branded company aims to become the most efficient pure-play Bitcoin miner globally.

Lockheed Martin and Google Public Sector are teaming up to integrate advanced AI into Lockheed's AI Factory. The collaboration aims to enhance AI-driven solutions for national security, aerospace, and scientific innovation.

Silynxcom Ltd. (NYSE American: SYNX) has signed an MOU with an AR software firm to develop next-generation communication solutions for aerospace. By integrating its in-ear headset technology with augmented reality, the company aims to enhance communication and situational awareness in demanding aviation environments.

Hennes & Mauritz saw a 3% rise in Q1 net sales, reaching SEK 55.3 billion ($5.1 billion). However, gross margin declined to 49.1% due to economic pressures and increased markdowns. Operating profit fell to SEK 1.2 billion, impacted by higher costs and logistics challenges.

Kroger has filed counterclaims in the Delaware Court of Chancery, accusing Albertsons of sabotaging their merger by secretly collaborating with C&S Wholesale Grocers. Kroger argues Albertsons misled regulators, leading to the merger's collapse, and is seeking compensation for lost resources and damages from the failed deal.

Kopin Corporation (NASDAQ: KOPN) announced a significant funding award from the U.S. Army to develop extended reality (XR) heads-up displays (HUD).

Goldman Sachs analyst Kate McShane maintains a Buy rating on Bath & Body Works with a price target of $49. The company's Disney Princess collaboration boosted app downloads by 42% year-over-year, showing its strong market impact.

Johnson & Johnson has announced a $55 billion investment in the U.S. over the next four years. This move will boost American manufacturing, research, and development, creating high-tech jobs and expanding facilities.

Comcast's recent expansion brings reliable Internet, mobile, and security services to Southeast Georgia. The company's new high-speed network connects around 6,700 homes and businesses across cities like Mt. Vernon and Wrightsville.