Today is Monday, October 12, 2026.

The Early Bird Index today is 90.72.

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The artificial intelligence chips race among the big technology companies took another turn on Sunday, with Amazon $AMZN ( ▲ 3.29% ) reportedly boosting its capabilities through an acquisition.

Details: The Wall Street Journal reported on Sunday that Amazon is in talks to acquire AI startup Decart for around $7 billion. Amazon did not comment on the report on Sunday.

Background: Reports emerged in August indicating that Amazon was positioned as a leading bidder to acquire Decart. The startup built a close collaboration with Amazon Web Services (AWS) to port its model stack over to Amazon's specialized Trainium 3 hardware.

History: Amazon has done well in the AI chips race, transitioning from an early laggard to a major contender.

Powering the Story: Dechart’s software helps developers switch between different AI chips, giving companies more computing power.

Early Bird’s Nest Egg Gains: Decart could make Amazon’s Trainium chips easier to adopt and more efficient to use, which could help AWS compete with other AI companies.

Final Thoughts: We’ll see what impact this acquisition has on the stock. Amazon is up 15.86% this year.

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Notable Earnings Today: N/A.

Notable IPOs Today: Evernorth Holdings Inc. Class A Ordinary Shares (Nasdaq: XRPN).

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today: N/A.

On Sunday, automobile giant Stellantis $STLA ( ▼ 0.89% ) , the company behind Chrysler and Jeep, unveiled six new cars ahead of the Paris Motor Show to impress European buyers.

Details: The new models include more affordable electric vehicles to help the company compete with new Chinese rivals in Europe.

Background: For the past two years, Stellantis has seen a decline in European market share and profitability.

Final Thoughts: The stock is down 60.77% this year. A recovery in European sales would help boost the stock price.

Most major cryptocurrency prices were flat on Sunday. Ethereum $ETH ( ▲ 1.79% ) stood out positively with a gain of about 1%.

Details: The boost is a rebound after last week’s selloff.

Final Thoughts: Ethereum is down about 14% this year, although it is up roughly 11% in the past 30 days.

Investing in India: Wall Street Bosses Look Past Pain Points to Ramp Up India Bets (Bloomberg)

New Crypto Openings: Clarity's failure could speed crypto innovation while shielding incumbents (CoinDesk)

High Gas Prices: Trump's quest to bring down gas prices ahead of the midterms is not going great (Business Insider)

New Stock Market Challenge: The bull market is turning 4 years old — but yields could crash the party (MarketWatch)

Tough Fiscal Situation: China’s debt interest costs are soaring above U.S. levels and growing faster than any other budget category as Beijing struggles to prop up growth (Fortune)

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