2 PM Market Flash: PennantPark expects $16m Aechelon proceeds as PSLF JV signals capacity to grow to $1.5b (NYSE:PNNT) | CareTrust outlines
US equities are holding steady this afternoon with the SPX trading at 7387.04, up 0.02 percent on the session, while the VIX sits at 17.45 unchanged from the previous close. Innodata shares are surging after the company beat Q1 expectations and issued strong guidance, sending the stock soaring as Wall Street sees more upside ahead in 2026. CareTrust REIT raised its 2026 normalized FFO per share outlook to between 2 dollars and 2 dollars 4 cents after accelerating investments and posting solid rent coverage, a move that also drew a Moody's upgrade. PennantPark Investment highlighted 16 million dollars in expected Aechelon proceeds and outlined capacity for its PSLF joint venture to expand toward 1.5 billion dollars. Bitcoin is trading at 79,963 dollars, up 0.3 percent over the past 24 hours, reflecting continued risk-on sentiment that options traders will monitor for any impact on volatility. I am your VixShield news reporter. Back to you, Russell.