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Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year
24/7 Wall St.52d agoneutral
Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year

The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year

This Week In AI Chips - Onsemi Expands Into Physical AI With Synaptics Acquisition
Simply Wall St.52d agoneutral
This Week In AI Chips - Onsemi Expands Into Physical AI With Synaptics Acquisition

onsemi has announced its agreement to acquire Synaptics for approximately $7 billion, signaling a significant expansion into "Physical AI" systems. This acquisition is part of onsemi's strategic initiative to enhance its capabilities by integrating Synaptics’ Edge AI compute solutions, which will help onsemi address broader end markets including automotive and industrial sectors. The transaction is expected to position onsemi at the intersection of power, sensing, connected computing, and...

ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.
Barrons.com52d agoneutral
ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.

ON Semiconductor has agreed to buy internet-of-things company Synaptics as it vies to bring artificial-intelligence from data centers into the physical world. Synaptics shareholders will receive 1.35 shares of Onsemi stock for each Synaptics share in the all-stock deal, representing an enterprise value of around $7 billion. Onsemi stock dropped 14% to $102.35 in premarket trading Friday.

Eli Lilly (LLY) Acquires Centessa Pharmaceuticals to Advance Orexin Receptor 2 Agonists
Insider Monkey52d agoneutral
Eli Lilly (LLY) Acquires Centessa Pharmaceuticals to Advance Orexin Receptor 2 Agonists

Eli Lilly and Company (NYSE:LLY) is one of the best stocks for beginners to buy now. On June 24, Eli Lilly completed its acquisition of Centessa Pharmaceuticals, aiming to advance the development of orexin receptor 2 agonists. This new class of medicine is designed to treat narcolepsy and other sleep-wake disorders by targeting the brain’s […]

Investing.com52d agoneutral
Open AI IPO delay; SpaceX mulls mobile networks - what’s moving markets

Investing.com - U.S. stock futures were mixed on Friday as investors remain cautious after another difficult week for technology stocks. Reports that OpenAI may delay its highly anticipated stock market debut added to concerns around lofty AI valuations, while Apple’s recent price hikes continued to weigh on sentiment.

Bio-Techne (TECH) Soars 20% on Merck $11.3B Merger
Insider Monkey52d agobullish
Bio-Techne (TECH) Soars 20% on Merck $11.3B Merger

Bio-Techne Corp. (NASDAQ:TECH) is one of the 9 Stocks Winning by Double Digits. Bio-Techne rallied for a third straight day on Thursday, surging 20.08 percent to close at $70.70 apiece, as investors gobbled up shares following news that it is merging with pharmaceutical giant Merck for $11.3 billion. In a statement, Bio-Techne Corp. (NASDAQ:TECH) said […]

AMD (AMD) Acquires MEXT To Tackle AI Memory Bottlenecks In Data Centers
Simply Wall St.52d agoneutral
AMD (AMD) Acquires MEXT To Tackle AI Memory Bottlenecks In Data Centers

Advanced Micro Devices (NasdaqGS:AMD) has agreed to acquire MEXT, a company focused on AI driven memory optimization. The deal is aimed at addressing AI memory bottlenecks in data centers by integrating predictive memory technology into AMD’s platform. This move is positioned to broaden AMD’s data center capabilities and support enterprise AI infrastructure customers. For investors watching AMD’s push into data center and enterprise AI, the MEXT acquisition focuses on one of the less talked...

Bloomberg53d agobearish
SoftBank’s Shares Tumble After Report of OpenAI’s IPO Delay

(Bloomberg) -- SoftBank Group Corp.’s stock fell by 12% on concerns that OpenAI may hold off on an initial public offering until next year and delay returns for its Japanese backer.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetApple Shares Sink After Price Hikes Hit iPads and MacsStocks Whipsaw as Micron Surges While Apple Sinks: Markets WrapShip Struck in Hormuz as Oil Supertankers Turn Back AgainGrand Ole Opry House Up For Sale by Owner Ryman Hospital

ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.
Barrons.com53d agobearish
ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Falls.

ON Semiconductor has agreed to buy internet-of-things company Synaptics as it vies to bring artificial-intelligence from data centers into the physical world. Synaptics shareholders will receive 1.35 shares of Onsemi stock for each Synaptics share in the all-stock deal, representing an enterprise value of around $7 billion. Onsemi stock dropped 8.3% to $108.85 in after-hours trading Thursday.

Investing.com53d agoneutral
Onsemi bets on physical AI with $7 billion Synaptics acquisition

Investing.com -- Chipmaker onsemi will acquire Synaptics in an all-stock transaction valued at approximately $7 billion, a deal aimed at expanding its presence in artificial intelligence-driven intelligent systems and strengthening its position in emerging Physical AI applications.

Paramount's WBD merger faces major regulatory hurdle
TheStreet53d agoneutral
Paramount's WBD merger faces major regulatory hurdle

One of the biggest media deals in history is inching toward the finish line. But first, Paramount Skydance must clear a significant hurdle in Europe. The proposed acquisition of Warner Bros. Discovery by Paramount Skydance (PSKY) is valued at $110 billion, Bloomberg confirmed. It would ...

Forget SPCX: As Continuous Volatility Shakes Tech, This $34 Exchange-Traded Fund Is a No-Brainer Buy Without The Post-IPO Risk
24/7 Wall St.53d agobullish
Forget SPCX: As Continuous Volatility Shakes Tech, This $34 Exchange-Traded Fund Is a No-Brainer Buy Without The Post-IPO Risk

SpaceX (NASDAQ:SPCX) is the only ticker financial media wants to discuss this week after its blockbuster public debut at an implied trillion-dollar valuation. But here’s what you should actually be watching. The ARK Space Exploration & Innovation ETF (NYSEARCA:ARKX) trading near $34 a share offers diversified exposure to the space economy. Rocket launches and massive ... Forget SPCX: As Continuous Volatility Shakes Tech, This $34 Exchange-Traded Fund Is a No-Brainer Buy Without The Post-IPO Risk