The Marked Chart Wire · Business
OpenAI
OpenAI to acquire Pierre Computer Company
OpenAI has announced plans to acquire Pierre Computer Company.
Part of a series: OpenAI funding round shrinks as product and deal news piles up
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HotCaitlin Clark
Dick's Sporting Goods and Foot Locker sign Caitlin Clark
Dick's Sporting Goods and Foot Locker announced a multiyear endorsement deal with WNBA star Caitlin Clark. The agreement, which follows the launch of Nike's Caitlin 1 shoe, is the first individual athlete partnership for both retailers.
AMD
Bank of America lowers AMD price target to $650
Bank of America reduced its price target for Advanced Micro Devices to $650 from the previous estimate of $720.
European Chips Act
Synopsys joins European chip design initiative for AI tools
Synopsys will supply design software to the Europe Chips Joint Undertaking. The deal supports startups and researchers in creating processors for artificial intelligence and high-performance computing.
HotAnalyst Ratings
Analysts adjust ratings on AI infrastructure and tech stocks
Investment firms updated ratings for companies like Astera Labs and Navitas Semiconductor, citing AI demand. Others, including Adobe and Flagstar, received downgrades due to growth concerns or rate pressures.
IonQ
IonQ closes $1.15 billion deal for Elisity
IonQ finished buying cybersecurity firm Elisity in an all-stock transaction valued at $1.15 billion. The total could reach $1.3 billion if revenue targets are met by January 2028.
HotOndas
Ondas secures European and Asian counter-drone contracts
Ondas won multimillion-dollar deals for portable detection and autonomous interception systems in Europe and Asia. The company did not disclose specific contract values or customer names.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.