Shares of Exelixis Inc. $EXEL advanced 8.8% in early trading following interim findings from the STELLAR-303 Phase 3 study, which investigated a dual-therapy regimen for metastatic colorectal cancer (mCRC). The investigational compound zanzalintinib, used alongside the PD-L1 inhibitor atezolizumab, demonstrated a statistically meaningful improvement in overall survival versus regorafenib, a current second-line therapy.

In a major leap for orbital communications, Chinese researchers have successfully tested a satellite laser transmission system that surpasses SpaceX's Starlink in data speed, despite operating at a far greater orbital altitude. Leveraging a mere 2-watt laser, the team demonstrated a data transfer rate of 1 Gbps, outperforming Starlink's average speeds and challenging long-standing limitations in satellite internet infrastructure.

Novo Nordisk $NVO has formally terminated its partnership with Hims & Hers Health Inc. $HIMS, citing violations related to the compounding and promotion of non-FDA-approved versions of Wegovy, its prescription obesity drug. The Danish pharmaceutical company said the telehealth provider engaged in unauthorized sales under the guise of personalized medicine.

Indian defence equities exhibited notable strength in early trade today, defying the broader market’s downward trajectory. While benchmark indices Sensex $^BSESN and Nifty 50 $^NSEI opened on a weak note amid elevated geopolitical tension in the Middle East, stocks in the defence sector surged, indicating selective investor appetite for domestic strategic industries.

Globe Civil Projects Ltd. is making its public debut this week, joining a wave of initial public offerings (IPOs) hitting the Indian markets. The infrastructure company has announced a ₹119 crore issue, opening for public subscription on June 24, 2025, with a completely fresh equity offering. Unlike many IPOs that include an offer for sale (OFS), this issue is entirely comprised of a new issuance of 16.8 million shares, reflecting the company’s intent to raise primary capital for growth.

Shares of Trent Ltd $TRENT.BO, the retail arm of the Tata Group, surged 3% on June 23 to hit a five-month high of ₹6,078, outperforming a subdued broader market. The rally follows Trent’s official inclusion in the BSE Sensex, a move expected to trigger passive inflows of $330 million, approximately 5.8 times its average daily volume, according to Nuvama Alternative & Quantitative Research. This technical catalyst adds momentum to Trent's recent stock performance, which has remained resilient despite broader market volatility linked to escalating geopolitical tensions in the Middle East.

Increased volatility across global financial markets—from swings in the S&P 500 (SPX) to fluctuations in major currency pairs like USD/EUR—has accelerated the adoption of algorithmic trading. Trading robots, also known as expert advisors (EAs), allow for systematized execution, reduced emotional bias, and consistent application of complex strategies.

With increasing geopolitical instability and macroeconomic uncertainty, algorithmic solutions are gaining traction on financial markets. Fluctuations in currency pairs like USD/EUR and volatility in equity indices such as the S&P 500 (SPX) are driving demand for automated tools. Trading robots are now part of the professional toolkit—from retail traders to institutional investors.

Debt securities issued by Thames Water Utilities Ltd have fallen to a historic low as investor confidence eroded sharply following government signals of possible intervention. The price of the company’s sterling-denominated bonds slid to 67 pence on Friday, marking a steep decline from 70 pence at the start of the month. The drop reflects heightened fears of a taxpayer-backed administration regime potentially replacing current corporate governance.

Ola Electric Mobility Ltd $OLAELEC.NS witnessed renewed selling pressure on Monday as its stock declined 6% to an all-time low of ₹43.20 on the Bombay Stock Exchange (BSE). The sharp drop followed a series of block deals involving 0.8% of the company’s equity, although the identities of the buyers and sellers remain undisclosed as of the latest filings.

Shares of Zee Entertainment Enterprises Ltd $ZEEL.NS rallied sharply on Monday, climbing nearly 10% intraday to reach ₹146.45—its highest level since August 2024. The surge came despite an overall soft tone in the broader Indian equities market, indicating concentrated buying interest and momentum-driven participation in media counters.

Shares of Mumbai-based real estate developer Kalpataru Ltd. are trading at a grey market premium (GMP) of ₹9, or 2.17%, ahead of the company’s initial public offering (IPO), set to open on Tuesday, June 24. The modest markup in the unofficial market offers an early indication of investor sentiment, while also highlighting restrained expectations amid a cautious IPO landscape in India.