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The Marked Chart Wire · Business

Shield AI

Shield AI to reach $28.8 billion valuation in radar deal

Shield AI is set to achieve a $28.8 billion valuation following a transaction with a radar firm.

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HotQualcomm

Qualcomm shares drop on weak profit outlook

Qualcomm shares fell 9 percent after the company issued fiscal first-quarter EPS guidance of $2.15 to $2.35, missing the $2.32 consensus. Revenue guidance of $10.4 billion to $11.2 billion exceeded expectations, but handset sales declined 26 percent due to rising costs.

QCOM-11.3%

Wonder Group IPO

Wonder Group files confidentially for US IPO

The restaurant-tech firm behind Grubhub and Blue Apron submitted a draft S-1 to the SEC. Pricing and share count are undetermined, and the company plans to use proceeds for growth and acquisitions.

HotAST SpaceMobile

AST SpaceMobile joins Space Force sensing project

AST SpaceMobile will assist STR in a U.S. Space Force effort to develop space-based sensing capabilities. The agreement expands the company's defense work beyond satellite communications, with financial terms undisclosed.

ASTS-13.7%

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