Shares of Ondas Inc. (ONDS) are falling around 4 percent in Monday morning trading after it announced an agreement to acquire 100% of Omnisys Ltd., an Israeli developer of AI-powered Battle Resource Optimization software.
The company's stock is currently trading at $10.13, down 4.57 percent, over the previous close of $10.62 on the Nasdaq. It has traded between $0.83 and $15.28 in the past one year.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.