Shares of Krispy Kreme, Inc. $DNUT dropped by 7% intraday on Tuesday before trimming losses to 4%, following the announcement that its collaboration with McDonald’s USA $MCD will conclude on July 2, 2025. The moderate recovery signals market skepticism, tempered by relief that a structurally unviable distribution model will no longer pressure the company's margins.
Lipella Pharmaceuticals Inc. $LIPO saw its stock plunge by 23% following the company’s removal from the Nasdaq Capital Market due to non-compliance with listing regulations tied to private placement transactions. The biotech firm, currently in the clinical stage, is now facing intensified scrutiny from investors and regulators.
Shell $SHEL, a major player in global oil and natural gas trading, is gearing up to address potential disruptions in maritime activities as tensions rise between Israel and Iran. The strategic Strait of Hormuz looms large in these preparations, highlighting its critical role in global energy transit.
JetBlue Airways Corp. $JBLU has unveiled a revised cost-reduction strategy in response to underwhelming travel demand that continues to weigh on the airline’s recovery trajectory. CEO Joanna Geraghty acknowledged that the lower-than-expected bookings are likely to delay the company’s return to profitability, prompting a recalibration of JetBlue’s operational and capital expenditure plans.
OnePlus is set to strengthen its position in the mid-tier smartphone market through the upcoming release of the Nord 5 and Nord CE 5. According to insider Yogesh Brar, both models are expected to launch on July 8. The devices mark a tactical expansion into the INR 25,000–30,000 pricing corridor—critical for capturing value-conscious consumers in high-demand regions like India.
Gautam Adani’s conglomerate is set to launch an independent public listing of its airport business by March 2027. Adani Airport Holdings Ltd., a subsidiary of Adani Enterprises Ltd. $ADANIENT.NS, currently operates eight airports across India, making it the country’s largest private-sector airport operator. The company is also preparing to open a new terminal near Mumbai in the coming months, further consolidating its market position. This spin-off reflects a strategic effort to unlock shareholder value and enhance operational focus within a rapidly expanding Indian aviation market, driven by increasing domestic air travel and infrastructural upgrades.
B. Riley Financial Inc. $RILY, a diversified financial services firm, has successfully attained an extension from Nasdaq to continue trading until the end of the third quarter. The extension comes as the company seeks to rectify its overdue financial reporting for the entire 2024 fiscal year and the first quarter of 2025. This strategic maneuver is crucial for the firm as non-compliance with Nasdaq's listing standards could have led to delisting threats. The firm now faces a critical deadline, requiring all updated financial statements to be filed by September 29.
Petroliam Nasional Bhd (Petronas), Malaysia's state-owned oil and gas enterprise, is set to reduce its workforce by approximately 10% as part of an overarching restructuring strategy to manage costs amid declining oil prices. CEO Muhammad Taufik announced that the company will reduce its personnel by over 5,000 employees and those affected will be notified in phases over the next year, alongside a hiring freeze extending to December 2026.
Hims & Hers Health Inc. $HIMS has taken a decisive step toward international growth by acquiring Zava, a private telemedicine provider with a strong foothold in Europe. The transaction grants Hims & Hers access to Zava’s 1.3 million active users and opens a clear path to offer its digital healthcare solutions across France, Germany, and Ireland. This move significantly accelerates the company's ability to serve a broader, diversified patient population within critical European markets.
The iShares Bitcoin Trust $IBIT, managed by BlackRock Inc. $BLK, experienced the most significant monthly net inflow in its history during May 2025. As Bitcoin $BTCUSD reached new all-time highs, the ETF attracted over 6.35 billion USD in fresh capital, marking a notable acceleration in institutional engagement with cryptocurrency-backed products.
DeepSeek, a Hangzhou-based AI startup, has announced the release of a refined version of its widely discussed R1 artificial intelligence model. This development comes after the company’s original R1 stunned the global tech ecosystem in January, outpacing prominent Western alternatives on standardized benchmarks and bringing new attention to China’s growing expertise in generative AI research.
Samsung Ventures Investment Corp., the investment arm of Samsung Electronics Co. $005930.KS, is poised to reinforce its footprint in cutting-edge medical technology by joining a group of investors aiming to inject fresh capital into Exo Imaging Inc. Based in Santa Clara, California, Exo Imaging develops both software and diagnostic hardware for healthcare, focusing on portable ultrasound technology and AI-driven imaging solutions.
