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Data: FactSet; Chart: Axios Visuals

Shares of Six Flags rose another 1.3% on Tuesday after jumping nearly 5% Monday, following an upgrade to Outperform by KeyBanc over the weekend with a $62 price target. The price target represented a 25% premium to the stock's Friday levels.

What they're saying: KeyBanc analyst Brett Andress says there are a number of improving trends in the second quarter expected to boost the company's stock prospects and is forecasting an 8% increase in attendance in Q2.

  • Six Flags also should benefit from improved weather this year, as last year's Q3 weather impacted about 500,000 potential guests, Andress said. The company also recently met with local officials in China, increasing the prospects for international expansion.

Go deeper: Disney World solar farm reflects theme parks' push for sustainability

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Competitors ready to pounce on TikTok bans

Illustration: Aïda Amer/Axios

Growing security and privacy concerns over Chinese-owned short-video app TikTok have given a lift to alternatives like Byte and Dubsmash, which have seen spikes in downloads from smartphone users recently, according to data from SensorTower.

Why it matters: If TikTok's meteoric rise in popularity among U.S. youth gets slowed by rising tensions with China, or ended by a threatened ban by the Trump administration, American teens will still have to get their hits of meme-laden video somewhere.

26 mins ago - Technology

U.S. pushes homegrown drone industry amid China battle

Illustration: Sarah Grillo/Axios

Alarmed at the prospect of relying on Chinese-made drones for public safety and monitoring critical industries, U.S. investors and the federal government are newly backing a domestic drone industry of hardware and software companies.

The big picture: The moves come as the industry continues to be led by DJI, a Chinese hardware maker — and as concerns grow both in China and the U.S. about reliance on the other country's technology.

Exclusive: The N.Y. Times doubles down on TV and film ambitions

Illustration: Aïda Amer/Axios

One of the country's oldest and most established media companies is starting to look more like a Hollywood studio than a traditional newspaper.

Driving the news: The New York Times has 10 scripted TV show projects in development, as well as 3 feature documentaries coming out this year and several other documentary projects in development and production, executives tell Axios.