Zaid Admani

Now, on the flip side, shares of Best Buy are down this morning after Goldman Sachs downgraded the retailer from neutral to sell with a price target of $59.

The big concern that Goldman has is the PC market.

So we've talked about this a lot, but memory chip prices have been rising because of the supply crunch tied to the AI demand.

Memory chip makers are prioritizing making high-end memory chips for AI data centers, which is reducing their supply of regular RAM, which is pushing up prices for companies that make laptops and PCs.

So that means that computers might continue to get more expensive.

And when computers get more expensive, consumers either trade down to a cheaper option or they just don't buy one at all.

Neither scenario is great for Best Buy.

Best Buy shares have dropped around 20% over the last six months, and they're down another 3% this morning to around $60 a share.

Let's wrap the show with a fun fact.

McDonald's is getting into the energy drink business.

According to a new report from the Wall Street Journal, McDonald's is adding energy drinks and specialty sodas to all of its US restaurants later this year.

Some of the new drinks include a Red Bull Dragonberry Energizer and a Dirty Dr. Pepper.

These days, it feels like every company in America is now trying to sell you a caffeinated beverage.

Dutch Bros has them, Starbucks has them, even Costco recently launched their own Kirkland brand energy drinks, which we talked about on this show a couple weeks ago.

Now, I actually tried to buy some, but they weren't available at my local Costco, so I

I still haven't tried them yet.

And look, I don't really blame these companies for trying to get into the energy drink market because it's an $85 billion industry and it continues to grow every year.

Americans are addicted to caffeine.

Long-time listeners know that I also have a Celsius addiction.

Plus it's a high margin business.