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The Marked Chart Wire · Business
Wendy's
A group led by Trian Fund Management has reportedly proposed to buy Wendy's for $7.35 per share in cash. The company and Trian have not yet confirmed the deal.
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Musk Acquisition
Paradigm analysts view Viacom as having high potential for acquisition by Elon Musk, citing ongoing spectrum speculation.
Alexa
Amazon introduced a new lineup of smart home products, including an updated Echo Dot with a built-in Wi-Fi extender and a 16-inch Echo Show. The devices feature enhanced AI capabilities and are priced between $99.99 and $569.99.
Satellite Connectivity
Viasat, Space42, and Terrestar reached a preliminary accord to link their networks with the Equatys platform. The plan involves sharing capacity and gateways to support direct-to-device services while keeping CaStar under Canadian jurisdiction.
Robinhood
Mizuho kept its positive view on Robinhood, setting a $130 target that implies 37.48 percent gains from $94.56. Analyst Dan Dolev sees the recent dip as a chance to buy after mixed monthly data.
HotVertiv
Vertiv reported third-quarter revenue of $4.313 billion and adjusted EPS of $2.21, both exceeding analyst expectations. The company raised its full-year 2026 revenue outlook to $14.45 billion to $14.85 billion.
Quantum Computing
The two firms signed a non-binding memorandum to move quantum applications from testing to commercial use. They plan to target sectors like manufacturing and finance in South Korea and abroad.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.