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Stocks Climb, Yields Hold, Commodities Mixed Amid Trade and Inflation Signals

Index Update:On Thursday, the S&P 500 rose 0.41% and the Dow gained 0.65%, while the Nasdaq slipped 0.18%, weighed down by weakness in the tech sector. Most S&P 500 sectors finished higher, led by utilities, consumer staples, and real estate, as tech saw profit-taking. …

Team Kalkine | 16 May 2025

60 Degrees Pharmaceuticals (NASDAQ: SXTP; SXTPW) Reports Q1 2025 Revenue Growth Driven by ARAKODA Sales

60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP; SXTPW), a company specializing in the development and commercialization of medicines targeting infectious diseases, announced its financial results for the first quarter ended March 31, 2025. The results highlighted continued revenue growth and product traction, particularly in the …

Team Kalkine | 16 May 2025

Falcon’s Beyond (Nasdaq: FBYD) Acquires Oceaneering Entertainment Systems, Expanding Global Footprint

Falcon’s Beyond Global, Inc. (Nasdaq: FBYD), a leader in immersive storytelling and themed entertainment, today announced it has completed the acquisition of Oceaneering Entertainment Systems (OES), a division of Oceaneering International Inc. (NYSE: OII). The transaction marks a pivotal milestone in Falcon’s strategic growth …

Team Kalkine | 16 May 2025

Churchill Capital Corp X Closes Upsized $414 Million IPO; Begins Trading on Nasdaq as “CCCXU”

Churchill Capital Corp X announced the successful closing of its upsized initial public offering (IPO), raising $414 million through the sale of 41,400,000 units. This total includes 5,400,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option. Each unit was priced …

Team Kalkine | 16 May 2025

CureVac (NASDAQ: CVAC) Gains Second Patent Win Against BioNTech as EPO Upholds mRNA Patent Validity

CureVac N.V. (NASDAQ: CVAC), a global biopharmaceutical leader in messenger RNA (mRNA) innovation, has secured another key legal victory in its ongoing patent litigation against BioNTech SE. The European Patent Office (EPO) has upheld the validity of CureVac’s European patent EP 4 023 755 …

Team Kalkine | 16 May 2025

KKR Real Estate Finance Trust (NYSE: KREF) Continues Strategic Lending and Shareholder Payouts Amid Wider Q1 Loss

KKR Real Estate Finance Trust Inc. (NYSE: KREF)is a real estate investment trust (REIT) focused on originating and acquiring transitional senior loans secured by high-quality commercial real estate (CRE) assets. These assets are typically located in established, liquid markets and owned by experienced sponsors. …

Team Kalkine | 16 May 2025

Markets Retreat as Economic Data Looms; Oil Slumps, Gold Drops, and Earnings Move Stocks

Index Update:U.S. stock futures declined, with the Dow, S&P 500, and Nasdaq all down about 0.4%, as concerns about the economic outlook and anticipation of key data releases—PPI, retail sales, and industrial production—weighed on sentiment. Investors also awaited remarks from Fed Chair Powell for …

Team Kalkine | 15 May 2025

e.l.f. Beauty (NYSE: ELF) Expands Retail Reach in The Netherlands and Belgium Through Kruidvat and Trekpleister

e.l.f. Beauty has announced a retail expansion in the Netherlands and Belgium through partnerships with two major drugstore chains, Kruidvat and Trekpleister. Starting May 26, 2025, consumers in both countries will be able to find e.l.f. Cosmetics and e.l.f. SKIN products on shelves in …

Team Kalkine | 15 May 2025

VEON (Nasdaq: VEON) Reports 1Q2025 Earnings with 50% Digital Revenue Growth and Higher EBITDA

VEON Ltd. (Nasdaq: VEON) has reported its financial and operational performance for the first quarter of 2025, showing revenue and earnings growth alongside expanding digital revenues. The company generated $1.03 billion in revenue, reflecting an 8.9% year-on-year increase in U.S. dollar terms. In local …

Team Kalkine | 15 May 2025

Cancun and Las Vegas Emerge as Top Picks in Tripadvisor's 2025 Summer Travel Index

Tripadvisor has released its 2025 Summer Travel Index, offering a detailed look into how U.S. travelers are preparing for the upcoming vacation season. The data, based on both site analytics and a global survey, suggests a busy summer ahead with 63% of respondents expressing …

Team Kalkine | 15 May 2025
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