Gold Gains Over 1%; Protagenic Therapeutics Shares Spike Higher

Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 150 points, up 0.40% to 42,825.71, NASDAQ rising 0.02% to 19,215.06, and S&P 500 gaining 0.13% to 5,965.84 [1] - In the commodities market, oil prices increased by 0.1% to $62.51, while gold rose by 1.4% to $3,233 [4] Company Performance - Global Ship Lease, Inc. (GSL) reported strong first-quarter results, with earnings of $2.65 per share, surpassing the analyst consensus estimate of $2.31 per share. The company also reported sales of $190.97 million, exceeding the consensus estimate of $175.23 million [2] - DigiAsia Corp. (FAAS) shares surged 188% to $0.5351 following the announcement of a Bitcoin treasury reserve strategy and a potential capital raise of up to $100 million for Bitcoin acquisition [7] - Protagenic Therapeutics, Inc. (PTIX) shares increased by 163% to $7.96 after entering a business combination with Phytanix [7] - Novavax, Inc. (NVAX) shares rose 8% to $7.29 after providing guidance for R&D and SG&A expenses for FY25, 2026, and 2027, and receiving conditional FDA approval for its COVID-19 vaccine [7] - Gilat Satellite Networks Ltd. (GILT) shares fell 9% to $6.08 after reporting a revenue miss for the first quarter [7] - Quantum Computing Inc. (QUBT) shares decreased by 10% to $11.64 despite reporting better-than-expected first-quarter EPS results [7] - Archer Aviation Inc. (ACHR) shares also dropped by 10% to $12.01 [7] Economic Indicators - The CB Leading Index fell by 1% month-over-month in April, indicating a potential slowdown in economic activity [8]