Power Hour Surge: New Highs, New Rules — VENU, Celsius, AT&T and More Push the Tape Higher

August 20, 2025

DENVER, Colo., Aug 20, 2025 (247marketnews.com)- I know that today’s edition is a little early, but I’ve been covering VENU’s (NYSE:VENU) move for over a month and today’s the first day that it truly looks ready to pop and the way it’s traded along the way, it seems that there’s a big short who is in big trouble, which may fuel a power run.

VENU is rapidly becoming a power hour favorite among traders and today it was further boosted by the bold move to launch a blockchain-powered fan platform by early 2026. The digital ecosystem will feature tokenized memberships, fan rewards, and soft ticketing, all built on real-world asset tokenization (RWA) infrastructure.

“By 2030, VENU plans to operate 25 amphitheaters and 15 indoor venues, totaling over 350,000 seats… with an expectation to sell more than 20 million tickets annually, generating $2 billion in gross ticket sales.” CEO J.W. Roth made clear that tokenization is central to the long-term vision, not an accessory, but the architecture. The market is buying in, as Vanguard Group disclosed a new 861,911-share stake. With smart money circling and short pressure mounting, VENU’s breakout looks foundational.

 Celsius Holdings (NASDAQ:CELH) broke out to a new 52-week high in afternoon trade, driven by continued momentum from strong retail sales data, social media buzz, and bullish analyst outlooks. The fitness drink company continues to gain shelf space and consumer share, posing a rising challenge to legacy giants like PepsiCo.

With no major earnings surprise needed, CELH’s move appears organic, fueled by growth, visibility, and cult brand loyalty.

Shares of AT&T (NYSE:T) reached a new 52-week high, bolstered by a dividend-hungry market, improving free cash flow visibility, and relief from litigation over legacy lead cables. The telco giant, often considered a bond proxy, is now outperforming its peers as investors rotate into defensive value with upside.

Analysts noted the company’s network investments and fiber expansion are “starting to show operational leverage” with improving subscriber metrics.

NovaBay (NYSE:NBY)  stayed in breakout territory, notching a new 52-week high of $1.25, following news of a $6 million securities purchase agreement with investor David Lazar. The deal gives NovaBay a solid capital runway for its diagnostics and product development operations.

Allstate (NYSE:ALL) continues to hit fresh highs after yesterday’s earnings beat, driven by lower-than-expected catastrophe losses and rate increases across multiple markets. Management highlighted improving profitability metrics and a better-than-forecast combined ratio, signaling the turnaround is gaining traction.

Barrick Gold (NYSE:GOLD) rode a wave of strength among miners, breaking out to new 52-week highs amid a rebound in gold prices and increased demand for inflation hedges. As geopolitical tension and Fed uncertainty hang over markets, institutional flows are rotating back into precious metals and real assets.

Wynn Resorts (NASDAQ:WYNN) hit a new 52-week high after strong performance across its Macau and Las Vegas properties, supported by solid international travel data and luxury spend resilience. The name is being re-rated by analysts who point to improving margins and potential upside from online gaming initiatives.

Norfolk Southern (NYSE:NSC) reached a new high as it continues to recover from regulatory and operational disruptions following last year’s derailment incident. A recent resolution with the NTSB and EPA, alongside cost improvements, helped lift investor sentiment, especially after a better-than-expected earnings report earlier this week.

Other Standouts at New Highs:

  • TJX Companies (NYSE:TJX) – buoyed by earnings and off-price retail tailwinds
  • Johnson & Johnson (NYSE:JNJ) – renewed interest in consumer health stability
  • Altria Group (NYSE:MO) and British American Tobacco (NYSE:BTI) – defensive dividend plays benefiting from yield-hunting flows

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