August 29, 2025 - Stonks Gone Wrong Market Update

August 29, 2025 – Markets reacted to significant corporate developments as PepsiCo announced a $585 million investment to increase its stake in Celsius. Meanwhile, the University of Phoenix filed for an IPO, marking a shift in its growth strategy. Spirit Airlines faced scrutiny as it awarded executive bonuses amidst its second bankruptcy, prompting speculation about potential asset absorption by another airline. Analysts weighed in on the future of Spirit's assets. In personal finance news, long-term-care insurance costs continue to rise, raising concerns among retirees. Powered by LabCat AI research tools.