Shares of Nektar Therapeutics $NKTR soared by 140% after the company reported statistically significant results from a Phase 2b clinical trial of rezpegaldesleukin, its investigational therapy for moderate-to-severe atopic dermatitis. The dramatic rally signals a material shift in investor sentiment, fueled by renewed confidence in the company’s clinical pipeline following a prolonged period of underperformance and strategic uncertainty.

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.

Shares of Alstom $AOMFF climbed over 7% on Tuesday following the announcement of a substantial €1.7 billion contract. The deal, awarded by SNCF Voyageurs, involves the delivery of 96 additional RER NG trainsets designated for the RER D line serving the greater Paris area. The order follows the financing approval granted by Île-de-France Mobilités on April 10.

Carnival Corporation $CCL delivered robust financial results for the first quarter of fiscal year 2025, surpassing Wall Street’s December projections across critical performance indicators. Pre-market trading reflected this momentum, with shares advancing 1.91% to $24.50, extending gains from the prior session’s 1.14% rise.

Ellenbarrie Industrial Gases has announced the price range for its forthcoming initial public offering (IPO), fixing the band between ₹380 and ₹400 per equity share, each having a face value of ₹2. The issue structure includes an initial lot size of 37 equity shares, with an additional 37 shares allocated upon application confirmation. This structure is designed to accommodate a wider base of retail and institutional participation while optimizing share distribution mechanics under current regulatory norms.

Shares of KPIT Technologies Ltd $KPITTECH.NS, a Pune-based provider of embedded software solutions for the automotive sector, fell sharply on Monday, dropping 5.11% to an intraday low of ₹1,319.70 on the Bombay Stock Exchange $^BSESN. A similar decline of 5.10% was registered on the National Stock Exchange (NSE), marking one of the steepest single-day losses for the stock in recent months. The sharp correction came despite a buoyant broader market, reflecting investor reaction to the company’s cautious commentary in its Q1 performance update for FY25. KPIT’s report pointed to persistent macroeconomic headwinds and shifting global dynamics that could influence customer spending patterns and delay deal conversions.

Vodafone Idea Ltd $IDEA.NS jumped over 6% in early Monday trading to ₹6.96, following reports that the Indian government may offer regulatory relief worth ₹84,000 crore. The sharp uptick highlights market anticipation of state intervention amid the operator’s deteriorating financial position. The central government holds nearly 49% in Vodafone Idea after converting debt to equity, placing it in the unusual position of both shareholder and creditor. This dual role has elevated the urgency to find a resolution that avoids market disruption.

HDB Financial Services, the non-banking financial company (NBFC) affiliated with HDFC Bank $HDFCBANK.NS, is preparing to open its ₹12,500 crore initial public offering on June 25. The offering price has been set between ₹700 and ₹740 per share. This will be one of the most notable public listings in India’s financial sector this year, as the company targets capital expansion without selling any existing shares.

On Monday, media watchdog organization Media Matters filed a legal motion seeking to block an ongoing investigation by the U.S. Federal Trade Commission (FTC). The probe examines whether the group coordinated advertising boycotts targeting Elon Musk’s social platform, X (formerly Twitter), and other publishers based on their political content or affiliations.

T-Mobile US Inc. $TMUS has confirmed the commercial rollout of its satellite-based data service, developed in partnership with Starlink, a division of SpaceX, beginning in October 2025. This development marks a pivotal step in the U.S. telecom landscape, as traditional wireless infrastructure meets next-generation low Earth orbit (LEO) satellite capabilities.

Visa Inc. $V, the world's largest card payment network, has successfully fended off a proposed class action lawsuit filed by U.S. consumers who alleged that the company failed to disclose the vulnerability of its Vanilla-branded prepaid gift cards to theft and fraud. The ruling, delivered by U.S. District Judge Gregory Woods in Manhattan, marks a significant legal win for the payments giant in a growing wave of litigation targeting digital and card-based financial services.

A renewed wave of geopolitical uncertainty in the Middle East has reignited concerns of an energy price shock, with Brent crude and WTI crude both seeing upward pressure. Historically, such price spikes tend to hit oil-importing economies hardest, especially when accompanied by a strong U.S. dollar (USD). However, a rare window of USD weakness is offering temporary relief to countries outside the U.S., mitigating the inflationary and fiscal stress typically associated with surging oil prices.